NEW DELHI: The Ministry of Corporate Affairs on Monday said prosecution proceedings will not be initiated against independent and non-executive directors unless there is strong
Month: March 2020
COVID-19: Prepare, and do not panic–Economic Times
Covid-19 is a public health challenge, obviously. But it is not an economic disaster, yet. If the disease spreads yet more and lingers longer in
Robust GST revenues show growth potential–Economic Times
GST collections for February were at Rs 1.5 lakh crore, registering an increase of over 8.3% year on year, higher than the nominal GDP growth
Funding: SMEcorner raises $30 million in Series B funding – The Economic Times
MUMBAI: Fintech non-bank financier SMEcorner on Monday said it has raised USD 30 million (around Rs 210 crore) through a combination of equity and debt
Unlike China, Indian startups remain immune to economic slowdown as investment hit all-time high – The Financial Express
Sandeep Soni | India has 6,400 funded startups which are only 8 per cent of overall around 80,000 startups in the country. When it came
Don’t increase GST | Business Standard Editorials
Goods and services tax (GST) collection crossed the Rs 1 trillion mark for the fourth month in a row. The government collected Rs 1.05 trillion
Sharing hate messages on social media can land you in jail for 3 years: Delhi govt panel | Cities News,The Indian Express
A hate message or fake news shared via Whatsapp or social media can now lead to three years of imprisonment in Delhi, the Assembly’s newly
Justice not done | The Indian Express
The Delhi High Court’s handling of the petition seeking FIRs against the BJP leaders for their alleged hate speeches on February 27 amounts to abdication
Trimming expectations | The Indian Express
If actual collections end up falling short of the revised estimates, the government will have to further cut its expenditure or postpone spending. In the
Life insurers to sell health policies? Standalone cos to lose, say experts | Business Standard News
As far as health insurance is concerned, industry experts say, it has always been dominated by non-life insurers. The Insurance Regulatory and Development Authority’s (Irdai’s)
MSMEs grapple with stress even as govt grants more time for restructuring | Business Standard News
With Micro, Small and Medium Enterprises (MSMEs) grappling with the problem of delayed payments and slowdown in demand, the sector remains under major stress, even
CJI says SC ‘not equipped’ to deal with riots or stop it–Deccan Chronicle
New Delhi: Chief Justice of India Sharad A. Bobde on Monday said that the court was not equipped to handle the public “pressure” expecting them
मंदीचा दाह; फेब्रुवारीत बेरोजगारी वाढली –महाराष्ट्र टाइम्स
नवी दिल्ली : मंदीने औद्योगिक क्षेत्राला जेरीस आणले असून याची मोठी झळ रोजगारांना बसत आहे. फेब्रुवारी महिन्यात भारतातील बेरोजगारी वाढल्याचा दावा एका संस्थेने केला आहे.
Linking Aadhaar, voter ID unwelcome | Deccan Herald
The government’s move to amend the Aadhaar legislation to link the electoral rolls with the unique identification number is bad in concept and fraught with
ना ‘पटेल’ ही ‘प्रीती’! |लोकसत्ता
गृहमंत्री नोकरशाहीशी नीट वागत नाहीत, म्हणून सचिवाने राजीनामा देऊन मंत्र्यांविरुद्ध न्यायालयात जाण्याची तयारी करणे, हे ब्रिटिश पद्धतीत घडू शकते.. त्या देशात मंत्र्यांसाठी आचारसंहिता असते. ती
bank loans: ‘Companies may default on Rs 2.54-L cr bank loans in next 3 years’ – The Economic Times
KOLKATA: An additional 4% of outstanding corporate borrowings from banks, translating roughly into Rs 2.54 lakh crore could tip into default over the next three
February GST collection crosses Rs 1 lakh crore mark for the fourth consecutive month – The Economic Times
Taking into account the GST collected from import of goods, the total revenue during February, 2020 has increased by 8% in comparison to the revenue
Rid dividend tax of all uncertainty–Economic Times
Nothing is certain, it is said, except death and taxes. But the budget proposal to scrap the dividend distribution tax (DDT) levied on companies and
NCLT allows consolidation of Lavasa Corporation’s subsidiaries for faster resolution – The Economic Times
MUMBAI: The dedicated bankruptcy court has approved the request of lenders to Lavasa Corporation to consolidate the township developer and its wholly owned subsidiaries Warasgaon
80% of stressed assets resolved, only 20% in liquidation, says MS Sahoo, head of the insolvency regulator, IBBI – The Financial Express
The credible threat of IBC process that a company may change hands has changed the behaviour of debtors. Even as the Insolvency and Bankruptcy Code
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