Clipped from: https://www.business-standard.com/article/companies/nclat-lifts-restriction-on-any-rbi-action-against-srei-121040101512_1.html NCLT had passed an order preventing regulatory authorities from taking any coercive steps against the company The RBI had argued that the tribunal
Month: April 2021
Industries in Pune recovering from lockdown losses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/industries-in-pune-recovering-from-lockdown-losses/article34214156.ece The survey conducted by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), Pune found that 48 per cent of the surveyed companies
Jana SFB files DRHP – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/jana-sfb-files-drhp/article34213584.ece Looking to raise ₹700 crore through a fresh issue of shares, offer-for-sale Jana Small Finance Bank has filed its draft red herring prospectus
Will independent directors speak up? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-independent-directors-speak-up/article34216865.ece SEBI’s recent proposals have minority investor interests at heart, but regulations only scratch the surface In his 2019 letter to shareholders, famed investor
MCA defers mandatory audit trail norm by 1 year – ACCOUNTING SOFTWARE: The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/accounting-software-mca-defers-mandatory-audit-trail-norm-by-1-year/article34221295.ece?homepage=true In a big breather for small and medium-sized companies, the Corporate Affairs Ministry (MCA) has deferred by one year, the implementation of its
The new DFI must look beyond financing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-new-dfi-must-look-beyond-financing/article34217199.ece The proposed development finance institution must find ways to bring private sector back into infrastructure A brand new DFI, the National Bank for
‘GST mop-up of over ₹1-lakh cr for 6 straight months is no coincidence’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-mop-up-of-over-1-lakh-cr-for-6-straight-months-is-no-coincidence/article34217059.ece System has enabled honest assessees to pay taxes without any problem, says Tarun Bajaj, Secretary, Economic Affairs and Revenue The GST collection of
Base-effect drives March auto sales to new ‘highs’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/base-effect-drives-march-auto-sales-to-new-highs/article34217323.ece?homepage=true Automobile companies posted exponential growth in their year-on-year wholesale numbers in March mainly because of the low base effect due to Covid-related disruptions
Don’t take us for granted: Small savings interest rate formula needs to be reworked to help savers–the times of india
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/dont-take-us-for-granted-small-savings-interest-rate-formula-needs-to-be-reworked-to-help-savers/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Moneyboxx Finance raises Rs 25 crore from NBFCs, small finance banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/moneyboxx-finance-raises-rs-25-crore-from-nbfcs-small-finance-banks/articleshow/81684219.cmsSynopsis MBFL plans to utilize the proceeds to support its disbursement target in the current and upcoming financial year. NEW DELHI:Moneyboxx FinanceLtd (MBFL) has
embedded finance: Understanding the rise of embedded finance in post-Covid economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/understanding-the-rise-of-embedded-finance-in-post-covid-economy/articleshow/81721224.cmsSynopsis Millions of customers have already benefited from embedded finance due to the attractive rewards given by the technology platforms for payments and timely
What is HSN Code? How does it work? All you need to know–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/understanding-hsn-code/articleshow/81832442.cmsSynopsis The Finance Ministry has said that businesses with a turnover of more than Rs 5 crore have to show a six digit HSN
Clearing the Suez Canal took days. Figuring out the costs may take years. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/clearing-the-suez-canal-took-days-figuring-out-the-costs-may-take-years-/articleshow/81812405.cmsSynopsis Teams from the German company that hired the crew and a consortium of insurers for the ship’s owner are just starting to investigate
The stuck container ship on the Suez Canal was a metaphor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/the-stuck-container-ship-on-the-suez-canal-was-a-metaphor/articleshow/81815390.cmsSynopsis Long-distance supply chains hide costly risks and those risks may help usher in a new stage of global commerce The March 23 grounding
Target inflation? Just smell as sweet–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/target-inflation-just-smell-as-sweet/ET Edit As sweet cometh the hour, cometh the policy, whether clothed as inflation targeting, recession fighting or financial sector stabilising. What the conduct
Chingari app: OnMobile leads $13 million funding in short-video app Chingari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/funding/onmobile-leads-13-million-funding-in-short-video-app-chingari/articleshow/81816484.cmsSynopsis OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari app. Mobile entertainment solutions providerOnMobileNSE 4.99 % is leading a $13
MobiKwik Data Leak: RBI orders MobiKwik to urgently probe alleged data leak – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/rbi-orders-mobikwik-to-urgently-probe-alleged-data-leak/articleshow/81838000.cmsSynopsis MobiKwik, which is backed by Sequoia Capital and Bajaj Finance, has faced growing criticism this week for denying a data leak many customers
CBIC extends customs duty and integrated GST exemptions till March 31, 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/cbic-extends-customs-duty-and-integrated-gst-exemptions-till-march-31-2022/articleshow/81830735.cmsSynopsis The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday extended the basic customs duty and integrated goods and service tax exemptions
India’s March trade deficit widens to $14.11 billion – govt – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-march-trade-deficit-widens-to-14-11-billion-govt/articleshow/81848841.cmsSynopsis Merchandise exports rose 58.23% in March from a year earlier to $34 billion, while imports were up 52.89% to $48.12 billion, the data
Exports jump 58.23% to $34 billion in March; 7.4% dip in 2020-21 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exports-jump-58-23-per-cent-to-usd-34-billion-in-march-7-4-per-cent-dip-in-2020-21/articleshow/81851617.cmsSynopsis In March 2020, the exports stood at USD 21.49 billion, which was a decline of about 34 per cent over March 2019 due
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