Clipped from: https://www.thehindubusinessline.com/economy/interest-on-interest-refunds-lenders-make-provisions-in-q4fy21/article34439976.ece?homepage=true The IBA recently finalised a uniform methodology for refund or adjustment, as per the Supreme Court judgement Post the announcement of fourth quarter
Month: April 2021
Information Utility advantage – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/information-utility-advantage/article34442461.ece Part of IBC framework, Information Utility is a boon for creditors One of the biggest challenges faced by business entities, especially the smaller
Companies look to cover currency risk as rupee set to turn volatile – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/companies-look-to-cover-currency-risk-as-rupee-set-to-turn-volatile/articleshow/82315086.cms Synopsis”Companies with overseas borrowings are increasingly covering their positions as any sudden drop in the rupee’s value will raise their repayment liabilities amid
What did Centre do in last 14 months: Madras HC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/what-did-centre-do-in-last-14-months-madras-hc/articleshow/82320982.cmsSynopsis Responding to the additional solicitor general’s submission that the Covid-19 surge was ‘unexpected’, Chief Justice Sanjib Banerjee said the Centre should have acted
Ministry of Corporate Affairs nudges Sebi on startup listing rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/mca-nudges-sebi-on-startups-listing-rules/articleshow/82315977.cmsSynopsis A startup that has listed on the IGP platform can migrate to the mainboard provided the company meets several conditions, including a profit
Sebi gives more time to brokers, clearing members for compliance with rules – The Financial Express
Clipped from: https://www.financialexpress.com/market/covid-19-sebi-gives-more-time-to-brokers-clearing-members-for-compliance-with-rules/2242639/ The deadline for maintaining call recordings of orders or instructions received from clients has been extended till June 30, 2021, Sebi said in
Exhausted, helpless, doctors struggle to keep sinking health system afloat | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/exhausted-helpless-doctors-struggle-to-keep-sinking-health-system-afloat-121042901595_1.html Many are grappling with guilt at having to turn patients away, not being able to save lives Tanuj Chauhan, a 25-year-old residential medical
Decide on cashless Covid treatment in an hour: Irdai to insurance firms | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/insurers-given-an-hour-to-inform-hospitals-of-cashless-nod-for-covid-claims-121042901124_1.html Order follows a Delhi HC directive to the insurance regulator on this issue The Insurance Regulator and Development Authority (Irdai) on Thursday asked
SEBI eases compliance requirements, cos can file Q4 results till Jun 30–business today
The companies have also been given an additional month till June 30 to file their annual secretarial compliance report. SEBI also eased compliance requirement for
Lost dear one to COVID? Check out eligibility for Rs 2 lakh govt insurance claim–business today
Clipped from: https://www.businesstoday.in/money/insurance/lost-dear-one-to-covid-check-out-eligibility-for-rs-2-lakh-govt-insurance-claim/story/437886.html There are some reports that the insurance claim under Pradhan Mantri Jeevan Jyoti Bima Yojana has to be made within 30 days after
Tata to finally enter online grocery with CCI nod to BigBasket stake deal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-to-finally-enter-online-grocery-with-cci-nod-to-bigbasket-stake-deal-121042900892_1.html With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs
health insurance reimbursement claim: Insurers should reimburse medical treatment at home when hospital beds unavailable: View – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/insurers-should-reimburse-medical-treatment-at-home-when-hospital-beds-unavailable-view/articleshow/82289093.cmsSynopsis Patients who are being forced to settle for medical treatment at home due to scarcity of hospital resources, will not be able to
Health insurance premiums are set to rise: 10 strategies, discounts that can bring down mediclaim costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/health-insurance-premiums-are-set-to-rise-10-strategies-discounts-that-can-bring-down-mediclaim-costs/articleshow/82228626.cmsSynopsis While you may not be able to curb the surging cost, there are various smart strategies, options and discounts, which if availed of,
Pandemic may cut life policy cover – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/pandemic-may-cut-life-policy-cover/articleshow/82286115.cmsSynopsis The situation in life insurance is similar to health where insurers are cautious in terms of accepting proposals from those who have recently
Promoters go for ‘asset protection trusts’ fearing default – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/promoters-go-for-asset-protection-trusts-fearing-default/articleshow/82298238.cms Synopsis–Many companies have seen profitability crash or even entire business models facing major disruption due to Covid pandemic driven demand slump. The fear
States need to come on board for success of PLIs: MAIT – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/states-need-to-come-on-board-for-success-of-plis-mait/articleshow/82270561.cmsSynopsis The Manufacturers’ Association of Information Technology (MAIT), whose members include Apple, Dell, Lenovo, Cisco and HP, said single-window clearance system in several states
COVID relief: Govt allows biz to verify monthly GST returns through EVC till May 31 – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/gst/covid-relief-govt-allows-biz-to-verify-monthly-gst-returns-through-evc-till-may-31/articleshow/82288164.cmsSynopsis In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said any registered person during the period from April 21, 2021,
ICICI bank: ICICI Bank launches contactless banking platform for merchants – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/icici-bank-launches-contactless-banking-platform-for-merchants/articleshow/82306780.cmsSynopsis It aims to empower over two crore retail merchants in the country with seamless banking services digitally. ICICI Bankon Thursday announced the launch
MSMEs: Can’t pay 28 days’ salary to Covid absentees: MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cant-pay-28-days-salary-to-covid-absentees-msmes/articleshow/82284855.cmsSynopsis In its order on April 26, the state government asked all industries to cover 28 days of salary for Covid-affected workers and to
Companies look to cover currency risk as rupee set to turn volatile – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/companies-look-to-cover-currency-risk-as-rupee-set-to-turn-volatile/articleshow/82315086.cms Synopsis”Companies with overseas borrowings are increasingly covering their positions as any sudden drop in the rupee’s value will raise their repayment liabilities amid
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