Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/gst-officers-arrest-357-persons-since-mid-nov-for-fake-invoice-fraud/articleshow/81413426.cmsSynopsis Since mid-November, 3,500 cases have been booked and 10,400 fake GSTIN entities have been unearthed by GST intelligence and Central GST officers so
Day: March 11, 2021
India needs a cohesive strategy to protect itself from cyber attacks | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/india-needs-a-cohesive-strategy-to-protect-itself-from-cyber-attacks-121030700808_1.html The lack of a cohesive cyber-strategy and poor investment on safety by small and medium companies leave India vulnerable to hackers Indian companies,
Are we ready for cyber attacks on infrastructure? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/are-we-ready-for-cyber-attacks-on-infrastructure-121030700856_1.html The fears of future cyber attacks on India’s economic infrastructure is real and rising It turned out to be a false alarm. The
Suspension of IBC proceedings may not be extended beyond March 24 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/suspension-of-ibc-proceedings-may-not-be-extended-beyond-march-24-121030800024_1.html Centre likely to review situation after a few months; another extension is economically and legally untenable, say officials The Budget session of Parliament
India’s growth in FY22 will be a story of two halves: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-growth-in-fy22-will-be-a-story-of-two-halves-crisil/article34026613.ece Says recovery won’t be easy with scars of the pandemic deep for small businesses Crisil expects India’s gross domestic product (GDP) growth to
Measured incentives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/measured-incentives/article34029774.ece The Centre must assess the performance of the initial set of PLI beneficiaries before expanding the list The government is promoting Production Linked
How IBM helps firms get their employees back to work – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/how-ibm-helps-firms-get-their-employees-back-to-work/article34028276.ece Tech major also develops a blockchain-based solution for Covid vaccine distribution Getting employees back to the work places is something that organisations across
Asset monetisation will bring paradigm shift in infra augmentation: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/asset-monetisation-will-bring-paradigm-shift-in-infra-augmentation-fm/article34030124.ece Finance Minister Nirmala Sitharaman on Tuesday said that asset monetisation needs to be viewed not just as a funding mechanism, but as an
Cheque bounce: SC sets up committee, seeks report on steps to be taken for early disposal of cheque bounce cases – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/sc-sets-up-committee-seeks-report-on-steps-to-be-taken-for-early-disposal-of-cheque-bounce-cases/articleshow/81430236.cms The top court had last week termed the pendency of over 35 lakhs cheque bounce cases as “grotesque” and suggested to the Centre
Sebi proposes sweeping changes to rules for appointment of independent directors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-proposes-sweeping-changes-to-rules-for-appointment-of-independent-directors/articleshow/81277950.cmsSynopsis The regulator plans to introduce the dual-approval system for the appointment and removal of independent directors. MUMBAI: The Securities and Exchange Board of
Sebi plans ‘dual approval’ for independent directors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-plans-dual-approval-for-ind-directors/articleshow/81280779.cms SynopsisThe regulator plans to introduce the dual-approval system for the appointment and removal of independent directors (ID). MUMBAI: The Securities and Exchange Board of
Dealing with tariff complaints | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/dealing-with-tariff-complaints-121030901706_1.html WTO’s India review shows protectionism has alienated partners The recently released minutes of the meeting at the World Trade Organization (WTO) to discuss
Liquidation an outcome of market forces: IBBI chairperson M S Sahoo | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/liquidation-an-outcome-of-market-forces-ibbi-chairperson-m-s-sahoo-121031000046_1.html Sahoo was responding to the criticism that only 25 per cent of IBC cases end up in resolution while the remaining get liquidated
Lenders ‘can’t be asleep’, must suffer compensation cut for bad loans: CEA | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/lenders-can-t-be-asleep-must-suffer-compensation-cut-for-bad-loans-cea-121030900761_1.html Ever-greening and zombie loans lead to sub-optimal capital allocation, says Chief Economic Advisor. Chief Economic Advisor K V Subramanian Senior management of lenders
Special insolvency relief framework for Covid-hit MSMEs in the works | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/special-insolvency-relief-framework-for-covid-hit-msmes-in-the-works-121031000069_1.html Such firms may be allowed to opt for pre-packaged deal The provisions under consideration include allowing MSMEs to opt for pre-package deals by
Calibrating PSL with new banks – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/calibrating-psl-with-new-banks/2209461/ Repetitive priority sector lending (PSL) shortfall needs to be channelised to, for instance, infrastructure effectively PSL directions last revised in September 2020, require
Cairn says it has identified Indian assets for seizing should it be not paid – The Financial Express
Clipped from: https://www.financialexpress.com/industry/cairn-says-it-has-identified-indian-assets-for-seizing-should-it-be-not-paid/2209248/ British oil firm Cairn Energy Plc on Tuesday said it has identified Indian sovereign assets overseas, which it can seize in the event
Reimagining India’s healthcare – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/reimagining-indias-healthcare/2210213/ NDHM holds significant promise on transforming India’s healthcare system, especially for the country’s most underserved The success of ODE depends to a large
Budget underestimates taxes for FY21 and FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/budget-underestimates-taxes-for-fy21-and-fy22/2210152/ The actual tax collection in FY21 could be of about Rs 21.25 lakh crore. This will have an impact on the budgeted estimates
Paying For Housework: Will Tamil Nadu model work? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/paying-for-housework-will-tamil-nadu-model-work/2210210/ TN parties promising to pay women for unpaid domestic work is welcome, but there are many challenges to consider, too The NSSO’s Time
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