Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/half-my-private-equity-investment-turned-duds-rakesh-jhunjhunwala/articleshow/81686639.cmsSynopsis Jhunjhunwala, often referred to as India’s own Warren Buffett, said five of his private equity investments delivered beautifully while another five performed moderately.
Day: March 27, 2021
Does the Tata-Mistry ruling ignore reality of how boards are run and decisions taken? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/law-is-willing-but-spirit/articleshow/81712712.cms Synopsis-In India’s legal system, there is no place for redressal if, while following the letter of the law, its spirit is ignored. This
JSW transfers Rs 19,350 cr to complete acquisition of Bhushan Power and Steel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-transfers-rs-19350-cr-to-complete-acquisition-of-bhushan-power-and-steel/articleshow/81706126.cmsSynopsis JSW Steel was chosen the winning bidder for BPSL’s assets in September 2019, and the resolution plan was approved by NCLT soon after.
Tata-Mistry: Person who sets own house on fire doesn’t deserve to be in decision making body, says SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-mistry-person-who-sets-own-house-on-fire-doesnt-deserve-to-be-in-decision-making-body-says-sc/articleshow/81712082.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The top court said it is an irony that the very same person who represents shareholders owning just 18.37 per cent of the
Tatas now free to pursue growth opportunities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tatas-now-free-to-pursue-growth-opportunities/articleshow/81714088.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The decision will also pave way for both Tata Sons and Tata Trust to nominate new members to their respective boards. While the
Financial services space set for disruption over next 10 yrs: K V Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/financial-services-space-set-for-disruption-over-next-10-yrs-k-v-kamath/articleshow/81710617.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Unless you internalise it’s going to be a digital world…we will see a very quick evolution of this space in the next 10
SPAC Tax Issues: Round tripping, taxation issues to mar billion dollar ‘SPAC’ dreams of Indian firms, unicorns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/round-tripping-taxation-issues-to-mar-billion-dollar-spac-dreams-of-indian-firms-unicorns/articleshow/81718113.cms Synopsis–Indian firms face hurdles akin to those faced by Indian and MNC mergers in past Indian startups and companies that are hoping to
Income Tax Slabs: Here are the latest income tax slabs and rates–the economic times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/latest-income-tax-slabs/articleshow/62751981.cms From the financial year (FY) 2020-21, individual taxpayers can choose between two tax regimes – the existing or old tax regime and the new, concessional
Tech talent war: IT firms may see high attrition as demand for tech talent rises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/it-firms-may-see-high-attrition-as-demand-for-tech-talent-rises/articleshow/81717625.cmsSynopsis Between January and March, 5-8% of full-time employees who were onboarded left within the first 90 days. Indian IT firms are likely to face sharper attrition rates
SC mum on Tata Sons valuation, Mistry comp details but Articles of Association specify terms, methodology – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/sc-mum-on-tata-sons-valuation-mistry-comp-details-but-articles-of-association-specify-terms-methodology/articleshow/81713072.cmsSynopsis Provisions last amended in 2000 in presence of Mistry and with his consent. Shares cannot be transferred to an infant, insolvent or those
A Welcome End to Tata Instability–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/a-welcome-end-to-tata-instability/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court’s verdict in favour of the
भाज्या की, हलाहल! –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/dhavte-jag/pesticides-in-vegetables-report-by-national-bulk-handling-corporation/articleshow/81698414.cms आपण रोज भाज्या खातो की विष, हा प्रश्न येथे कदाचित अनाठायी व अनाकलनीय वाटू शकेल. परंतु, नॅशनल बल्क हॅण्डलिंग कॉर्पोरेशन (एनबीएचसी) ‘प्रोकॉम’ या संस्थेच्या अहवालानेच
Tata-Mistry: Person who sets own house on fire doesn’t deserve to be in decision making body, says SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-mistry-person-who-sets-own-house-on-fire-doesnt-deserve-to-be-in-decision-making-body-says-sc/articleshow/81712082.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The top court said it is an irony that the very same person who represents shareholders owning just 18.37 per cent of the
Risk taker Rakesh Jhunjhunwala ready to sell even his wife’s bangles – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/expert-view/risk-taking-has-become-a-habit-i-would-sell-my-wifes-bangles-and-buy-a-great-eastern-rakesh-jhunjhunwala/articleshow/81690228.cmsSECTIONSRisk taker Rakesh Jhunjhunwala ready to sell even his wife’s banglesLast Updated: Mar 26, 2021, 01:12 PM ISTSynopsis I am a risk taker and
Set up healthcare DFI to improve medical services, suggests N K Singh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/set-up-healthcare-dfi-to-improve-medical-services-suggests-n-k-singh/articleshow/81709289.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Finance Commission Chairman N K Singh also underlined the need for a uniform Health Care Code (HCC) and an All India Medical and
Medical kickbacks thrive as private healthcare has patients in a pincer grasp – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/pharma-and-healthcare/medical-kickbacks-thrive-as-private-healthcare-has-patients-in-a-pincer-grasp/primearticleshow/81693690.cms SynopsisThe inside story of how a well-organised racket of kickbacks that spans doctors, hospitals, and diagnostic labs pushes hapless patients around till they
tata-mistry case: SC should have looked at bigger issues beyond Tata-Mistry conflict: Anil Singhvi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/sc-should-have-looked-at-bigger-issue-beyond-tata-mistry-conflict-anil-singhvi/articleshow/81705271.cmsSECTIONSSC should have looked at bigger issues beyond Tata-Mistry conflict: Anil SinghviLast Updated: Mar 26, 2021, 03:22 PM ISTSynopsis SC restricting itself to only
Pan Aadhaar linking: Not linking PAN and Aadhaar by March 31, 2021 will cost you Rs 1,000: Here is why
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/not-linking-pan-and-aadhaar-by-march-31-2021-will-cost-you-rs-1000-here-is-why/articleshow/81667005.cmsSynopsis As per the newly inserted law, the government will specify the amount of penalty that will be levied on not linking PAN with
Wave Mega City Centre moves NCLT for voluntary resolution to protect buyers
Clipped from: https://www.businesstoday.in/current/corporate/wave-mega-city-centre-moves-nclt-for-voluntary-resolution-to-protect-buyers/story/435018.html On Friday, the company moved NCLT to protect the interest of buyers in the project who are left stranded after the Noida Authority
ED raids 2 premises of ex-United Bank MD Archana Bhargava in disproportionate asset case
Clipped from: https://www.businesstoday.in/sectors/banks/ed-raids-2-premises-ex-united-bank-md-archana-bhargava-money-laundering/story/434982.html As per the FIR (first information report), she amassed disproportionate assets to the tune of Rs 3.63 crore when she held senior positions