MUMBAI: Bankers fear a possible collapse of Vodafone IdeaNSE -24.44 % will increase bad loans and spark a rerun of the crisis that gripped the banking sector a few years ago.
Month: February 2020
Vodafone Idea: For Vodafone Idea, the choice now is equity infusion or bankruptcy: Analysts – The Economic Times
KOLKATA | MUMBAI: Vodafone IdeaNSE -24.44 %’s promoters — UK-based Vodafone Group and the Aditya Birla Group of India — may need to infuse fresh capital urgently, else
Banks will have to pay price if any telco files for bankruptcy: SBI Chairman – The Economic Times
NEW DELHI: SBI Chairman Rajnish Kumar on Saturday said banks will “have to pay the price” in case any telecom firm files for bankruptcy, a day after
RBI board recommends aligning accounting year with fiscal year from 2020-21 – The Economic Times
The Reserve Bank board on Saturday recommended aligning the central bank’s accounting year, beginning July, with the financial year from 2020-21, an official statement said. The Central Board
Public Credit Registry to catalyse MSMEs’ financial inclusion: Enkash – The Economic Times
Public credit registry (PCR) – being pushed by the Reserve Bank of India is aimed at capturing the details of all borrowers and willful defaulters.
Lenders set to recover 43.1% from insolvency proceedings – The Economic Times
NEW DELHI: Successful resolutions of corporate insolvency proceedings till the end of 2019 are set to result in recoveries of Rs 1.52 lakh crore for lenders, averaging
Coronavirus hits cash circulation! China quarantines bank notes to stop virus spread – The Financial Express
Stepping up efforts to contain the outbreak of the novel coronavirus in the country, China has begun to quarantine large quantity of bank notes in
Budget 2020 does not address objective of kick-starting economic growth: Former finance secretary SC Garg – The Financial Express
The Budget for 2020-21 does not ‘effectively’ address the objective of kick-starting economic growth and building momentum, former finance secretary Subhash Chandra Garg has said.
Day after SC slams Bharti Airtel, Vodafone Idea, other telcos on AGR dues, RBI says this – The Financial Express
RBI Governor Shaktikanta Das on Saturday said it will have internal discussions in case there are any issues arising out of the Supreme Court order regarding
Nearly half the economy is not running: P Chidambaram | Business Standard Column
So, what is the state of the economy? I mentioned already six quarters of declining growth rate. Agriculture is growing at two per cent. Consumer
Why there may be few takers for the Budget’s tax amnesty scheme | Business Standard Column
In her Budget speech on February 1, Finance Minister Nirmala Sitharaman adumbrated the salient features of the Direct Tax Vivad se Vishwas Bill, 2020: Cough up the
Key data that shows the progress IBC has made in saving a firm in distress | Business Standard News
Three years of Insolvency and Bankruptcy Code(IBC) have seen the law evolve at every step. The latest data shows while the number of cases admitted
Take it easy parents and students–Times of India
February and March are probably the most tensed months in India. Over one crore students appear for CBSE, ICSE and state Board exams across the
Dissent is ‘safety valve’ of democracy: Justice Chandrachud | India News,The Indian Express
Written by Sohini Ghosh | Ahmedabad | Updated: February 15, 2020 9:12:08 pm Justice D Y Chandrachud was delivering a lecture on “The hues that make India:
Supreme court on criminality in politics–Indian Express
Undoubtedly, criminality in politics exists, and that it flourishes so many decades after Independence is certainly a disgrace. The Supreme Court is the conscience-keeper of
कासांड्रा क्रॉसिंग! |लोकसत्ता
भारतात या विषाणूबाधित रुग्ण आढळू लागलेत. केरळात ते सापडले. गिरीश कुबेर | डॉ. शिआनगुओ क्विउ आणि डॉ. केडिंग चेंग. गिरीश कुबेर चीननं स्वत:हूनच करोना आजाराची निर्मिती
Nirmala Sitharaman: Govt willing to do more beyond Budget to boost growth: Nirmala Sitharaman – The Economic Times
NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said that if required, the government would take more steps beyond the announcements made in the Union Budget 2020-21. At an
income tax: Income Tax dept backs up PM Modi’s professional tax return claims – The Economic Times
NEW DELHI: The Central Board of Direct Taxes (CBDT) said only 2,200 persons disclosed annual income of more than Rs 1 crore from their professional work in
DHFL: Banks, PEs and NBFCs line up for DHFL’s retail book – The Economic Times
MUMBAI: Fourteen entities including foreign banks, private equity funds and other local non-bank lenders have begun talks with the administrator of bankrupt mortgage lender Dewan Housing
More risk capital and a strong corporate governance code, key to India’s GDP growth: Uday Kotak – The Economic Times
India’s aspirational growth of 6-7% in the future highly depends on a large amount of risk capital from domestic investors and a strong corporate governance
aniltikotekar4sme.com 