Clipped from: https://economictimes.indiatimes.com Several IRPs and lawyers are of the view that boutique firms largely dependent on operational creditors and small businesses will face a double
Day: June 4, 2020
Home isolation should not mean forsaken–Economic Times
Clipped from: https://economictimes.indiatimes.com States are increasingly advising isolations at home for Covid-positive patients clinically assessed with ‘mild symptoms’, to curb the spread of the pandemic. This
Welcome move on privatising banks–Economic Times
Clipped from: https://economictimes.indiatimes.com The government is toying with the idea of privatising some public sector banks (PSBs). This is welcome in principle. The government’s stated policy
Cabinet okays ordinance to amend insolvency law; defaults due to COVID out of IBC ambit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Payment defaults from March 25 — the day when the nationwide lockdown to curb coronavirus infections began — would not be considered for
MSME news: MSMEs to be classified based on new criteria from July – The Economic Times
Clipped from: https://economictimes.indiatimes.com The existing criterion of definition of MSMEs is based on the MSMED Act, 2006.It was different for manufacturing and services units. It was
Covid impact on Indian companies: Titan, Minda & TTK among 10 firms from 10 sectors telling you where Covid hurt them the most – The Economic Times
Clipped from: https://economictimes.indiatimes.com Most companies are clueless about how the endemic disrupted their markets and businesses. The real impact of Covid-19 on Indian businesses is still
Not prudent to go for forced waiver of interest, risking financial viability of banks: RBI to SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com RBI told the Supreme Court that a forced waiver of interest would risk the financial viability of banks. NEW DELHI: The Reserve Bank
Retail and SME loans to deteriorate now: Moody’s – The Economic Times
Clipped from: https://economictimes.indiatimes.com Days after downgrading India, Moody’s said the quality of retail and SME loans will also deteriorate. Days after downgrading India’s sovereign ratings, global
FRBM framework will need to be updated, says former CEA Arvind Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com It will be a very difficult economic year. We should brace ourselves for a sharp decline in growth, he said. NEW DELHI: Former
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