The Securities Appellate Tribunal (SAT) on Wednesday denied any relief to private-sector lenders HDFC Bank, IndusInd Bank and ICICI Bank, which had moved it after
Month: December 2019
Explained: Why RBI’s repo rate cuts are not enough to bolster GDP growth | Business Standard News
In order to boost the country’s sagging economy, the Reserve Bank of India’s (RBI’s) monetary policy committee, holding its fifth bimonthly meeting from Dec 3
Slowdown effect? As capital goods orders dry up, Pune’s MSMEs falter | Business Standard News
Chandrakant Kumbhar, a resident of Dehu, a small town near Pune’s industrial cluster, has lost his job twice in the last three years: first, in
How to make the FRDI bill more effective – The Economic Times
By Manas R Das The 1999 Reserve Bank of India (RBI) report on reforms in deposit insurance in India had recommended to give the Deposit Insurance and Credit
Brush your teeth not twice, but thrice a day: Experts say it may help cut heart failure risk by 12% – The Economic Times
SEOUL: Brushing teeth three or more times a day may be associated with a lower risk of irregular heartbeat and heart failure, according to a study carried
Keep small companies out of safety compliance: Indian Staffing Federation – The Economic Times
The Indian Staffing Federation (ISF) has asked the parliamentary standing committee on labour to consider raising the threshold on employee strength proposed in the occupational safety code
First personal insolvency petition filed in Amaravati – The Economic Times
India has notified the amended IBC guidelines that enable creditors as well as personal guarantors to approach the tribunal seeking to initiate insolvency proceedings against
DHFL: NCLT admits RBI plea seeking bankruptcy resolution for DHFL – The Economic Times
The Mumbai bench of the National Company Law Tribunal on Monday admitted an RBI petition seeking bankruptcy proceedings to resolve the mortgage player Dewan Housing Finance (DHFLNSE -4.81 %).
Nitin Gadkari’s low-cost fast-growth mantra for MSMEs; here’s how to cut dependence on banks – The Financial Express
Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari on Tuesday urged India’s small businesses to expand to rural and tribal areas to leverage the
This company wants 75 million Indian MSMEs to have their own website; enters India with these offerings – The Financial Express
Technology for MSMEs: Global web hosting company Bluehost on Tuesday announced its foray into India focusing on helping the small business community with an online presence.
Micro businesses forced to remain micro; here’s what prevents them growing to small and medium scale – The Financial Express
Out of nearly 98 per cent of all Indian exporters, which are MSMEs, a staggering 83 per cent are micro-enterprises while the remaining involves small
IBC vs RERA: Should insolvency proceedings be the first option? – The Financial Express
The insolvency regime has seen a majority applications as having been filed by operational creditors—such as vendors, suppliers and employees. In the challenging scenario that
India’s deposit insurance cover lowest among BRIC, says FM Sitharaman | Business Standard News
India has the lowest deposit insurance cover among the BRICS nations (excluding South Africa), finance minister Nirmala Sitharaman said on the floor of the Loksabha on Monday. “The deposit
Firms under IBC: Govt to allow resolution professionals to make filings | Business Standard News
The Ministry of Corporate Affairs (MCA) has decided to empower resolution professionals (RPs) to file routine compliances, said a senior government official, in what may bring relief
Letter sent to states: GST Council rings first alarm bells on revenue | Business News, The Indian Express
Some state finance ministers are scheduled to meet Union Finance Minister Nirmala Sitharaman on Wednesday to discuss the GST compensation dispute. In its first admission
Bad loans worth Rs 80,893 crore written off by banks till September quarter
Private as well as government banks have jointly written off bad loans worth Rs 80,893 crore till September quarter of the current fiscal, the government
Health of MSMEs worsens despite govt measures- Business News
While the government is making efforts to improve the state of Micro, Small and Medium Enterprises (MSMEs) with ‘loan melas’ and a slew of other
Amazon: Amazon and Walmart face the ire of 70 million Indian shopkeepers – The Economic Times
By Ari Altstedter In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.
DHFL: NCLT admits RBI plea seeking bankruptcy resolution for DHFL – The Economic Times
The Mumbai bench of the National Company Law Tribunal on Monday admitted an RBI petition seeking bankruptcy proceedings to resolve the mortgage player Dewan Housing Finance (DHFLNSE -4.82 %).
SC asks Amrapali buyers to pay outstanding amounts by January 31 – The Economic Times
The Supreme Court on Monday directed thousands of Amrapali home buyers to pay outstanding amounts by January 31 either in installments or at one go for speedy completion of