Clipped from: https://www.thehindubusinessline.com/news/national/mca-allows-more-time-gap-between-two-board-meetings/article34473303.ece Gap may extend to 180 days against 120 days allowed earlier Resurgence of Covid-19 cases during the ongoing second wave has prompted the
Day: May 4, 2021
Airtel Bank offers 6% interest rate for deposits over ₹1 lakh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/airtel-bank-offers-6-interest-rate-for-deposits-over-1-lakh/article34470974.ece Airtel Payments Bank has over 55 million engaged users across its operations Airtel Payments Bank on Monday said that its customers will get
May look at raising capital on economic recovery, credit offtake: Yes Bank chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/may-look-at-raising-capital-on-economic-recovery-credit-offtake-yes-bank-chief/article34470172.ece “Citi’s business offers a good potential, not only credit card but wealth and retail also.” Optimistic about economic prospects despite the second wave
All you wanted to know about Employees’ Deposit Linked Insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34473901.ece This life insurance scheme covers all active members of the employees’ provident fund. The Employees’ Provident Fund Organisation (EPFO) recently hiked the death
PLI scheme for solar PV modules, BCD a positive for domestic OEMs: ICRA – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/pli-scheme-for-solar-pv-modules-bcd-a-positive-for-domestic-oems-icra/article34471778.ece To support 21 GW modules from over 5 years The Ministry of New & Renewable Energy guidelines for the Production-Linked Incentive (PLI) scheme
Food Processing Ministry floats EoI for PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/food-processing-ministry-floats-eoi-for-pli-scheme/article34472819.ece Selected applicants will get sales-based sops after fulfilling fresh investment target The Ministry of Food Processing has floated an expression of interest (EoI)
Income Tax Dept sets threshold for significant economic presence – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/income-tax-dept-sets-threshold-for-significant-economic-presence/article34473809.ece Rules prescribing thresholds for SEP provisions would have limited impact, say experts The Income Tax Department on Monday notified a threshold for Significant
‘Submit affidavit clarifying position on slots to Jet Airways’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/submit-affidavit-clarifying-position-on-slots-to-jet-airways/article34473883.ece Mumbai bench of NCLT writes to DGCA and the Aviation Ministry The Mumbai bench of NCLT has asked the Directorate General of Civil
Two-wheeler makers report double-digit decline in sales in April on MoM basis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/two-wheeler-makers-report-double-digit-decline-in-sales-in-april-on-mom-basis/article34473960.ece Honda, Bajaj Auto post record export sales Just like passenger vehicle manufacturers, major two-wheeler companies in the country, including Hero MotoCorp, Honda Scooter
Deadlines under Companies Act relaxed, late fee waived for various filings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/deadlines-under-cos-act-relaxed-late-fee-waived-for-various-filings/articleshow/82376629.cmsSynopsis The relaxation of charge-related timelines shall apply in cases where the creation or modification of the charge falls between April 1 and May
Number of open job positions saw sharp fall in April – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/number-of-open-job-positions-sawsharp-fall-in-april/articleshow/82378741.cmsSynopsis Open positions at the end of April dropped 31% from March to touch the lowest level in 2021, according to data from official
Rupee: Forwards premium on Rupee-Dollar soars up to 360 bps – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/forwards-premium-on-soars-up-to-360-bps/articleshow/82378740.cms Synopsis–The cost of covering unhedged currency risks in the derivative markets surged on Monday, potentially affecting companies with large import bills, with the
Real estate projects to feel the pinch as steel, cement prices rise | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/real-estate-projects-to-feel-the-pinch-as-steel-cement-prices-rise-121050400003_1.html Road transport & highways ministry charges a 10x toll rate for major bridges, structures Photo: Bloomberg An increase in prices of raw materials
Pessimism on the rise: Consumer sentiment weakens in April amid Covid surge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/pessimism-on-the-rise-121050300935_1.html Consumer sentiments have been battered particularly badly during the last three weeks The raging second wave of Covid-19 has had an adverse impact
E-way bills likely to fall to five-month low amid Covid-19 lockdown | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/e-way-bills-likely-to-fall-to-five-month-low-amid-covid-19-lockdown-121050400036_1.html Likely to decline to 55-58 million in April In April e-way bill generation may decline to 55-58 million, which is the lowest since
‘Saw 5-fold growth in account opening by women last year’: Ravi Kumar, co-founder and CEO, Upstox | INTERVIEW – The Financial Express
Clipped from: https://www.financialexpress.com/market/saw-5-fold-growth-in-account-opening-by-women-last-year-ravi-kumar-co-founder-and-ceo-upstox-interview/2245385/ The fast-spreading second wave of Covid-19 in India along with vaccine supply issues have caused volatility in the markets for a while now,
Let us pray: RBI needs to pull out all the stops to prevent another sharp drop in the rupee – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/let-us-pray-rbi-needs-to-pull-out-all-the-stops-to-prevent-another-sharp-drop-in-the-rupee/2245323/ The rupee, on the surface, appears to be playing its own game. Since the start of 2020, it has taken two major hits,
China wants to cut steel production volume; abolishes export rebates – The Financial Express
Clipped from: https://www.financialexpress.com/industry/china-wants-to-cut-steel-production-volume-abolishes-export-rebates/2245381/ The Chinese Ministry of Finance and the State Administration of Taxation (customs tariff commission) announced a total abolition of export rebates (13% on
Govt invites EoI latest by June 17 for Rs 11k-cr food processing PLI scheme – The Financial Express
Clipped from: https://www.financialexpress.com/economy/govt-invites-eoi-latest-by-june-17-for-rs-11k-cr-food-processing-pli-scheme/2245365/ Issuing detailed operational scheme guidelines for its Production Linked Incentive (PLI) scheme, the food processing industries ministry Monday invited an expression of interest
Income Tax Dept sets threshold for significant economic presence – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/income-tax-dept-sets-threshold-for-significant-economic-presence/article34473809.ece?homepage=true Appeal to Commissioner can be filed within the time provided or May 31 Appeal to Commissioner can be filed within the time provided
aniltikotekar4sme.com 