By Ajay Tyagi’s own admission, SEBI’s enforcement action needs to improve. For this, Sebi is trying to make use of new technologies Amid bouts of
Month: March 2020
From electricity tariff to arbitration clause, here’re the key court orders | Business Standard Column
Electricity tariff differs for institutions The Kerala State Electricity Regulatory Commission has the power to segregate self-financing educational institutions (SFEIs) from government-run and government-aided private
‘Need to evolve a coordinated mechanism’: SC on disposal of cheque bouncing cases – business news – Hindustan Times
With over 35 lakh cheque bounce cases pending in district courts, the Supreme Court has decided to evolve a “concerted” and “coordinated” mechanism for expeditious
YES Bank rescue package wards off immediate losses to depositors – The Hindu BusinessLine
But many loose ends remain. With YES Bank skipping recent financial results, it isn’t clear how much capital it will need to fully tide over
Decoding the YES Bank crisis | HT Editorial – editorials – Hindustan Times
The tragedy at YES Bank has been averted — all depositors of the bank have been assured by the government that their money is safe,
RBI’s restructuring of Yes Bank could prove costly for bond holders–Deccan Chronicle
Mumbai: One of the biggest losers in case the RBI’s restructuring scheme for Yes Bank goes through will be the additional tier-I bond holders who
Parenting | Why compassion needs to be in the school curriculum | Deccan Herald
“I am happy people are still capable of saying and doing nice things for no reason or benefit,” said Katya, my friend at the University of
Rs 50,000 cap on Yes Bank withdrawals to go ‘much much much’ before Apr 3: SBI chairman
Yes Bank will need between Rs 20,000 – 22,000 crore to revive. SBI’s risks will be ring-fenced with maximum exposure of Rs 10,000 crore. But
Yes Bank: SBI will have to merge YES Bank if rescue package fails to revive it – The Economic Times
You really cannot afford to let a bank go down, which is why in the case of banks we have the philosophy of ‘too big
Credit, debit cards’ online use facility to be disabled by March 16, 2020, if never used till then – The Economic Times
March 16 is a date that should matter to you if you have never used your debit or credit card for online transactions. The online
Public money not for private loot, bring Yes Bank under govt control: AIBEA – The Economic Times
The bank union said the RBI, being the regulator, cannot be unaware of the ongoings in Yes Bank. Stressing that private sector banks were failing
4 million housewives dominate ‘emerging segment’ of Indian SMB ecosystem using digital medium: Report – The Economic Times
Mumbai: The digital India opportunity has seen the emergence of 4 million women homemakers as resellers in 2019, states an Endurance-Zinnov study undertaken to determine
Time period for insolvency proceedings need to be reduced: NCLAT chairperson – The Financial Express
A case is admitted under the Insolvency and Bankruptcy Code (IBC) only after approval from the NCLT. National Company Law Appellate Tribunal (NCLAT) Chairperson Justice
NITI Aayog CEO Amitabh Kant explains how India can achieve 9-10% growth – The Financial Express
Underscoring the importance of design, Kant said it accounts for 70 per cent of a product’s value. NITI Aayog CEO Amitabh Kant said on Saturday
GST fraud: Two directors of apparel exporting companies arrested for fraudulently claiming refund – The Financial Express
DGGI said two directors of the exporting companies have been arrested on March 7, 2020 under Section 69(1) of CGST Act, 2017 for offences under
India’s slowdown story is older than IL&FS crisis; these reasons aggravated trouble – The Financial Express
A fall in the central government spending to GDP, coupled with other funding constraints contributed to the slowdown. The slowdown story of India is not
Hero Group’s Munjal hails IBC, says India’s regulatory framework improving | Business Standard News
Hero Enterprise’s chairman Sunil Kant Munjal said on Saturday that the regulatory environment in the country is getting better and regulators are now stepping in
Too slow to act on Yes Bank, RBI has eroded depositor faith–Indian Express
Within 24 hours of the superseding of the board of Yes Bank by the Reserve Bank of India, Finance Minister Nirmala Sitharaman announced a reconstruction
MCA gets NCLT nod to recast financial statements of CG Power | Business News,The Indian Express
The Mumbai bench of the National Company Law Tribunal (NCLT) Thursday allowed the Ministry of Corporate Affairs (MCA) to recast the financial statements of CG
Explained: What went wrong with Yes Bank? | Deccan Herald
The Reserve Bank of India (RBI) on March 5 placed Yes Bank under moratorium and restricted withdrawals to a maximum of Rs 50,000, sending its