Clipped from: https://www.financialexpress.com/money/changing-nominee-in-nps-account-here-are-the-new-nomination-rules-you-should-be-aware-of/2233760/ A fresh nomination will have to be made by the subscriber on his/her marriage. Any nomination made before such marriage will be deemed
Day: April 16, 2021
Personal hearing before NPA tag: RBI, lenders move SC – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/personal-hearing-before-npa-tag-rbi-lenders-move-sc/2233953/ A bench led by Justice R F Nariman refused to stay the entire HC judgment, but stayed a part which dealt with granting
Private credit is ‘solution capital’ – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/private-credit-is-solution-capital/2234010/ The main attractiveness of private credit, or direct lending to middle-market asset class, lies in its ability to be customised according to a
Wave II calls for stimulus part II–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/wave-ii-calls-for-stimulus-part-ii/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. If you put two and two together, no
India can be key player in global supply chain but has to rethink what its place will be: Indra Nooyi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/india-can-be-key-player-in-global-supply-chain-but-has-to-rethink-what-its-place-will-be-indra-nooyi/articleshow/82087623.cmsSynopsis Interacting with Niti Aayog CEO Amitabh Kant in an event organised by e-commerce major Amazon, Nooyi also stressed on the need to revamp
ETtech Scoop: Swiggy set to raise $450 million from SoftBank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/swiggy-close-to-raising-450-million-from-softbank-vision-fund-at-5-billion-valuation/articleshow/82082536.cmsSynopsis The SoftBank deal is likely to peg Swiggy’s valuation at $5 billion—pre-money or pre-investment—and is an extension of the $800 million funding round
How Lijjat Papad wrote its success story with only Rs 80 for seed capital – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/how-lijjat-papad-wrote-its-success-story-with-only-rs-80-for-seed-capital/articleshow/82078424.cmsSynopsis Life at Lijjat’s 82 branches begins early, with women lining up before dawn to drop off finished products, pick up freshly prepared lentil
Fresh lockdowns push India jobless rate to over 8% in first two weeks of April: CMIE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/fresh-lockdowns-push-india-jobless-rate-to-over-8-in-first-two-weeks-of-april-cmie/articleshow/82083521.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As of March 2021, employment in India stood at 398 million, which is 5.4 million short of the 403.5 million employed in 2019-20
A bank in the wallet? RBI has just taken Indian banking to next stage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/a-bank-in-the-wallet-rbi-has-just-taken-indian-banking-to-next-stage/articleshow/82062459.cmsSynopsis Over the last decade, the digital wallet payment system has not only captured a significant market share but also completely revolutionised the payment
Inflation and lockdown worries weigh on G-secs; yields rise 10 bps – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/inflation-and-lockdown-worries-weigh-on-g-secs-yields-rise-10-bps/articleshow/82088660.cmsSynopsis The move came on a day when the Reserve Bank of India conducted its first government securities acquisition programme (G-SAP), a mechanism to
Piramal Enterprises Ltd.: Piramal aims to have 10-20 fintech partnerships in next one year – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/piramal-aims-to-have-10-20-fintech-partnerships-in-next-one-year/articleshow/82087669.cmsSynopsis The company which is in the process of acquiring Dewan Housing Finance has already inducted two technology platforms into its system that allow
Let’s get local for local: The opportunity for MSMEs is huge – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/lets-get-local-for-local/articleshow/82071369.cms Synopsis–For MSMEs, marketing has always been considered difficult and expensive. Today, the sector seems even more circumspect because of the second wave of
Amazon launches $250 million venture fund for SME digitisation, agritech, health tech – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/amazon-launches-250-million-venture-fund-for-sme-digitization-agritech-health-tech/articleshow/82083591.cmsSynopsis This announcement was made at the company’s Smbhav event. Amazon has announced a $250 million fund for India with the aim to focus on
Technology to play a key role in the success of MSMEs: Nitin Gadkari–economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/technology-to-play-a-key-role-in-the-success-of-msmes-nitin-gadkari/articleshow/82084275.cmsSynopsis Lauding the global tech giant’s decision to announce a $250 million venture fund for India for investments in technology, startups and small businesses,
ClearTax launches e-invoicing product to help SMEs–economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cleartax-launches-e-invoicing-product-to-help-smes/articleshow/82080617.cmsSynopsis The launch comes at a time when the government has adopted a firm approach towards regulatory compliance with zero tolerance for frauds and
Time has come for woman CJI but female lawyers refuse judgeship due to domestic responsibilities: SC | Deccan Herald
Clipped from: https://www.deccanherald.com/national/time-has-come-for-woman-cji-but-female-lawyers-refuse-judgeship-due-to-domestic-responsibilities-sc-974559.html The court was hearing a matter related to appointment of ad-hoc judges in the High Courts to deal with huge pendency of cases
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