Clipped from: https://www.business-standard.com/article/economy-policy/m-s-sahoo-explains-achievements-evolution-and-challenges-of-the-ibc-121030700922_1.html IBC is an option; stakeholders may not use it even if freeze not extended, says M S Sahoo twists and turns. Insolvency and
Month: March 2021
NCLT can rule only on insolvency of corporate debtors, says Supreme Court | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nclt-can-rule-only-on-insolvency-of-corporate-debtors-says-supreme-court-121030801258_1.html The Supreme Court on Monday held that the NCLT has jurisdiction to adjudicate disputes, which arises solely or relates to the insolvency of
Jet Airways cannot claim historical right on airport slots: Govt to NCLT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/jet-airways-can-t-claim-historical-right-over-slots-aviation-ministry-121030801351_1.html The ministry and the civil aviation regulator have said the government will consider the airline’s request for slots as per existing policy The
PMC Bank suitors face additional capital rider; RBI board meet on March 19 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/pmc-bank-suitors-face-additional-capital-rider-rbi-board-meet-on-march-19-121030900114_1.html Rs 750 cr needed to enable payout of over Rs 5 lakh per depositor Sources close to the PMC Bank transaction said that
Retailers rewrite strategies to woo shoppers – The Financial Express
Clipped from: https://www.financialexpress.com/industry/retailers-rewrite-strategies-to-woo-shoppers/2208774/ Fabindia and Hidesign believe that since the target customers of brands often overlap, it makes sense to offer them the ease of shopping
GST evasion: CBIC asks field offices to exercise maximum caution, prudence in property attachment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-evasion-cbic-asks-field-offices-to-exercise-maximum-caution-prudence-in-property-attachment/articleshow/81386619.cmsSynopsis In the guidelines the CBIC listed out types of cases where provisional attachment can be considered to be resorted to subject to specific
Fundraising tips for women entrepreneurs–the economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/international-womens-day-fundraising-tips-for-women-entrepreneurs/articleshow/81385482.cms Confidence is one of the most important traits that every woman entrepreneur must have. If you want to break the glass ceiling, you must have
shipping: I’ve never seen anything like this: Chaos strikes global shipping – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/ive-never-seen-anything-like-this-chaos-strikes-global-shipping/articleshow/81372796.cmsSynopsis Empty containers are piled up at ports in Australia and New Zealand; containers are scarce at India’s port of Kolkata, forcing makers of
Alembic Pharma’s revival on the cards: Why it is stock pick of the week – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/alembic-pharmas-revival-on-the-cards-why-it-is-stock-pick-of-the-week/articleshow/81363888.cms Synopsis-Alembic Pharma is looking forward to high growth with API and RoW businesses reporting decent growth. Besides, new products in pipeline and company’s
Supreme Court ends extension of limitation period, says country returning to normalcy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/supreme-court-ends-extension-of-limitation-period-says-country-returning-to-normalcy/articleshow/81394957.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A bench of Chief Justice S A Bobde and Justices L Nageswara Rao and S Ravindra Bhat had been extending the limitation period
US, UK, 3 other courts confirm $1.4 bn arbitration award against India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/us-uk-3-other-courts-confirm-1-4-bn-arbitration-award-against-india/articleshow/81392798.cmsSynopsis Cairn Energy had moved courts in nine countries to enforce its USD 1.4 billion arbitral award against India, which the company won after
10,113 companies voluntarily shuttered operations during Apr 2020-Feb 2021 period: Govt data – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/10113-companies-voluntarily-shuttered-operations-during-apr-2020-feb-2021-period-govt-data/articleshow/81397226.cmsSynopsis “A total of 10,113 number of companies during the year 2020-21 (from the month of April 2020 to February 2021) have been struck
income tax saving: Using only 80C for tax saving? New tax regime may be beneficial for you at this income – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/using-only-80c-for-tax-saving-new-tax-regime-may-be-beneficial-for-you-at-this-income/articleshow/81342868.cmsSynopsis From FY 2020-21, an individual can continue with the old tax regime and avail common deductions such as section 80C, section 80D etc.
Pandemic eats up Rs 13 lakh crore of household income: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/pandemic-eats-up-rs-13-lakh-crore-of-household-income-report/articleshow/81349416.cmsSynopsis Economists at UBS Securities India led by Tanvee Gupta Jain said the economy could slow by mid-2021 as households that lost incomes during
Haryana’s job quota law may hit investments in auto sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/haryanas-job-quota-law-may-hit-investments-in-auto-sector/articleshow/81341339.cms Synopsis–“Whilst we encourage employment generation, it would’ve been easier if we could find a better solution. We don’t want to be in a
Entire fiscal stimulus to be funded by borrowing, revenues; not taking money from people: FM – The Financial Express
Clipped from: https://www.financialexpress.com/economy/entire-fiscal-stimulus-to-be-funded-by-borrowing-revenues-not-taking-money-from-people-fm/2207220/ To a query on whether the government is considering to regulate cryptocurrencies, Sitharaman said, “We have been in discussion with the RBI. When
How will Haryana’s 75% job quota impact the SME sector? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/how-will-haryanas-75-job-quota-impact-the-sme-sector/2206825/ It is a populist measure driven by the desire to appease the local vote bank than create jobs, say experts The Haryana job
America’s $1.9 trillion rescue package could throw a spanner in RBI’s recovery plans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/americas-1-9-trillion-rescue-package-could-throw-a-spanner-in-rbis-recovery-plans/articleshow/81367635.cmsSynopsis In India, the government is following a borrow-to-grow strategy but the RBI, while helping keep the government’s borrowing cost low, is geared to
Data sharing, cybersecurity top concern areas for banks, customers: Deloitte – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/data-sharing-cybersecurity-top-concern-areas-for-banks-customers-deloitte/articleshow/81376931.cmsSynopsis Data sharing, cybersecurity and data protection have emerged as the top concern areas for the banks as well as customers, according to Deloitte’s
Quota for the rich? 28% of MBBS seats cost over Rs 10 lakh per year in tuition fees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/education/quota-for-the-rich-28-of-mbbs-seats-cost-over-rs-10-lakh-per-year-in-tuition-fees/articleshow/81373695.cmsSynopsis How did we get to this 28%? It’s based on a detailed analysis of fees for the MBBS course in over 530 MBBS
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