Clipped from: https://www.thehindubusinessline.com/companies/mca-sets-annual-remuneration-limits-for-firms-in-red/article34111464.ece The limits also apply to independent directors of public firms; move seen benefitting start-ups, unicorns Public companies can now remunerate their non-executive directors,
Month: March 2021
Solar sector needs the right policy push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/solar-sector-needs-the-right-policy-push/article34111014.ece India’s solar sector is heavily dependent on imports currently. – Getty Images/iStockphoto India’s solar sector is heavily dependent on imports currently. – Getty
Scrappage policy will have revolutionary impact: Renault India CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/scrappage-policy-will-have-revolutionary-impact-renault-india-ceo/article34106146.ece Will elevate auto manufacturing in India to global standards The announcement of a scrappage policy by the Central government is indeed a historic
‘Electric cars are the future’ but dealers find it tough to sell – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/auto-focus/electric-cars-are-the-future-but-dealers-find-it-tough-to-sell/article34106787.ece Dealers grapple with consumers’ concerns over charging infrastructure and mileage Even as Puneet Dutt, a Noida-based MG Motors dealer, admits with a sigh
The engine of financial inclusion needs the oil of financial literacy to move the economy forward: Kunal Shah – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/et-evoke/the-engine-of-financial-inclusion-needs-the-oil-of-financial-literacy-to-move-the-economy-forward-kunal-shah/articleshow/81593898.cms Synopsis–Writing in ET Evoke, Kunal Shah discusses why it is essential for India’s national growth to empower every citizen with education about money:
NCLT expected to witness surge in insolvency cases – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/nclt-expected-to-witness-surge-in-insolvency-cases/articleshow/81591411.cmsSynopsis The Ministry of Corporate Affairs will unlikely extend the one-off relaxation next week with India fast regaining business normalcy and ranking among the
Loss-making cos can now pay remuneration to non-executive directors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/loss-making-cos-can-now-pay-remuneration-to-non-executive-directors/articleshow/81590650.cmsSynopsis The remuneration limits will be one-fifth of the total amount that can be given to managerial persons or executive directors, according to a
MCA permits remuneration to independent directors in case of loss made by companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-permits-remuneration-to-independent-directors-in-case-of-loss-made-by-companies/articleshow/81588634.cmsSynopsis Amending schedule V of the Act, the MCA also prescribed limits on such remuneration based on the effective capital of the firm, which
Buyer entitled to a refund upon delay | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/buyer-entitled-to-refund-upon-delay-121032100766_1.html The purchaser can’t be made to wait endlessly just because the builder fails to fulfil his contractual obligation to obtain the Occupancy Certificate
Piramal Capital reduces share of short-term borrowings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/piramal-capital-reduces-share-of-short-term-borrowings/articleshow/81637771.cmsSynopsis Short term borrowings now form just about 15-20 percent of total borrowings of the financial services business under Piramal Enterprises, compared with 60-70
Changes in tax norms on slump sale deals may lead to litigation for firms | Business Standard News
lipped from: https://www.business-standard.com/article/companies/changes-in-tax-norms-on-slump-sale-deals-may-lead-to-litigation-for-firms-121032500988_1.html Changes will impact several M&A transactions, including internal restructuring by companies which were signed since April 2020. Tax computation will not include goodwill
DFI goes back to the future: Will changes boost infra funding in India? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dfi-goes-back-to-the-future-will-changes-boost-infra-funding-in-india-121032501407_1.html The Bill suggests that the government has learned from past mistake The DFI will get government guarantees for its repayment, and support through
Solar project companies queue up to cash in on pre-duty benefits | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/solar-project-companies-queue-up-to-cash-in-on-pre-duty-benefits-121032501459_1.html For a project bid in March, import of panels would take place between June and July 2021 Sector analysts expect basic Customs duty
Five performance metrics to look for in a balance sheet – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-five-performance-metrics-to-look-for-in-a-balance-sheet/2220328/ It is better to look for a trend in these metrics instead of considering just the latest results DE ratio helps measure the
A failure of scrutiny: DHFL fraud shows limitations of Aadhaar in plugging leakages – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-failure-of-scrutiny-dhfl-fraud-shows-limitations-of-aadhaar-in-plugging-leakages/2220525/ The failure of scrutiny mirrors that which was exposed in an investigative series by The Indian Express on the leakage in Jharkhand, in
Normalcy restored for resolution of stress under IBC: Sahoo – The Financial Express
Clipped from: https://www.financialexpress.com/industry/normalcy-restored-for-resolution-of-stress-under-ibc-sahoo/2220239/ IBBI Chairperson M S Sahoo on Thursday said “normalcy” has been restored with respect to resolution of stress under the insolvency law, with
Petro products under GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/petro-products-under-gst/article34163219.ece Will Opposition-ruled States take the bait? There is no Constitutional or any other legal bar on bringing petroleum products under the Goods and
Banking sector wobbly even after reforms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/banking-sector-wobbly-even-after-reforms/article34163090.ece Some of the key suggestions made by the Narasimham Committee three decades back are yet to be implemented Finance Minister Nirmala Sitharaman has
Is Ease of Doing Business ranking over-rated? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/is-ease-of-doing-business-ranking-over-rated/article34162842.ece A top rank without infrastructure, connectivity, skilled manpower and lower cost of production is of no use to the investor In recent years,
Fair deal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fair-deal/article34162880.ece The Centre would do well to raise the tax-free PF contribution limit to ₹5 lakh for all employees One of the trickier public
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