Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/deja-vu-for-icici-bank-investors-will-it-be-better-this-time/articleshow/82260544.cms Synopsis–Investors would recollect that the last time ICICI Bank had reported better growth than HDFC Bank was in the mid-2000s when the former
Month: April 2021
Blow to Uday Kotak as RBI caps tenure of bank founders, CEOs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/blow-to-uday-kotak-as-rbi-caps-tenure-of-bank-founders-ceos/articleshow/82259687.cmsSynopsis “While examining the matter of re-appointment of such MD&CEOs or WTDs within the 12-15 years period, the level of progress and adherence to
Hospitals denying your health insurance covid cashless claim? What are your options? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/buy-online/health-insurance/hospitals-denying-your-health-insurance-covid-cashless-claim-what-are-your-options/articleshow/82257763.cmsSynopsis The regulator has released circulars on this issue twice in two days to make sure that insurance companies and network hospitals follow the
Tech Mahindra FY21 net profit up 9.8% to Rs 4,428 crore–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/tech-mahindra-fy21-net-profit-up-98-to-rs-4428-crore/story/437614.html Tech Mahindra also announced the acquisition of Eventus Solutions Group to bolster consulting capabilities in customer experience and customer management space. Tech Mahindra
Election Commission responsible for spreading Covid-19, should probably be booked for murder: Madras HC | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/eci-responsible-for-spreading-covid-19-says-madras-hc-7289824/ Criticising the ECI for not stopping political parties from violating the Covid protocols, the first bench of Chief Justice Sanjib Banerjee and Justice
करावे कर-समाधान : रोखीचे व्यवहार आणि प्राप्तिकर कायदा | लोकसत्ता
lipped from: https://www.loksatta.com/arthvrutant-news/cash-transactions-and-income-tax-law-akp-94-2453603/ प्राप्तिकर कायद्यातसुद्धा अशा व्यवहारांवर निर्बंध आणण्यासाठी अनेक तरतुदी आहेत आणि त्या वेळोवेळी अधिक कडक करण्यात आल्या. || प्रवीण देशपांडे रोखीच्या व्यवहारांवर मागील काही
Can capital expenditure boost the economy? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/can-capital-expenditure-boost-the-economy/2240013/ With the current impetus rightly given to capital expenditure, emphasis must also be provided on timely implementation of projects within the earmarked outlay
Banks gauging Covid risk via stress tests – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/banks-gauging-covid-risk-via-stress-tests/articleshow/82247416.cms Synopsis–Recent curfews have prompted lenders to conduct stress tests yet again on their portfolios after collection ratios fell up to 10 per cent
India Inc may have to keep date with filings as Sebi cites partial lockdown | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-may-have-to-keep-date-with-filings-as-sebi-cites-partial-lockdown-121042600038_1.html Auditors struggle with Covid, but no extension likely for FY21 earnings reports At present, listed companies are required to file their fourth quarter
End arbitrary account-freeze by banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/end-arbitrary-account-freeze-by-banks-121042600015_1.html A longer-term solution is to allow customers to easily vote with their feet Sometime last year, Arun Jain’s (name changed) tax-refund cheque was
Payments banks’ search for right business model | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/payments-banks-search-for-right-business-model-121042500756_1.html Sandwiched between commercial banks and pure-play payments service providers, payments banks do not enjoy a level playing field More than four years after
Barrier-free Trade: Solar imports from China seen surging in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/economy/solar-imports-from-china-seen-surging-in-fy22/2239995/ The pace of solar capacity addition slowed 45% annually to 4.8 GW in April-January FY21. Import of solar cells and modules had dropped
Unfair charge | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/unfair-charge-121042600012_1.html India is not using currency to gain unfair advantage The US treasury department’s latest assessment of currency practices and macroeconomic policies has kept India on
Recovery blues – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/recovery-blues/article34407811.ece Covid’s second wave will have an economic, fiscal and welfare impact The economic fallout of India’s second Covid surge cannot be underestimated. This
World’s fastest recovery outlook at risk as virus sweeps India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/worlds-fastest-recovery-outlook-at-risk-as-virus-sweeps-india/article34405811.ece?homepage=true Experts say failure to flatten the virus curve could exert pressure on monetary and fiscal policies Only two weeks ago, the International Monetary
More clarity now on cross-border taxation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/more-clarity-now-on-cross-border-taxation/article34408118.ece This apart, the amendments in the Budget give a fillip to foreign institutions to invest in India In the backdrop of the Covid-19
63Moons moves NCLT against Piramal ascribing ₹1 value to DHFL’s ‘recoverable’ assets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/63moons-moves-nclt-against-piramal-ascribing-1-value-to-dhfls-recoverable-assets/article34407627.ece 63Moons Technologies has dragged Piramal Capital and Housing Finance to the National Company Law Tribunal (NCLT) for ascribing ‘₹1’ value to the assets
How LTCG tax is calculated when the actual acquisition cost is not available – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-ltcg-tax-is-calculated-when-the-actual-acquisition-cost-is-not-available/article34403428.ece In respect to some of the equity investments in listed companies made by me, both through primary and secondary markets, I am planning
How to select the right insurance cover for your vehicle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-select-the-right-insurance-cover-for-your-vehicle/article34402660.ece Select a policy that insures your vehicle in all situations According to the Motor Vehicles Act 1988, it is mandatory for all vehicles
IBC mechanism ready to take up cases after a year-long hiatus | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/statsguru-ibc-mechanism-ready-to-take-up-cases-after-a-year-long-hiatus-121032800774_1.html As many as 1,942 cases are currently going on under the Code (as of September 2020) A summary analysis of about 280 resolutions