Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/supreme-court-allows-personal-bankruptcy-cases-on-tycoons/articleshow/82823031.cmsSynopsis The top court upheld the legal validity of the country’s law that allowed lenders to drag them into bankruptcy court. The two-judge panel
Day: May 22, 2021
NCLAT allows hotels’ body to intervene in insolvency of OYO unit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/nclat-allows-hotels-body-to-intervene-in-insolvency-of-oyo-unit/articleshow/82720247.cmsSynopsis FHRAI said it had filed an application on behalf of its member hotels in India, who were operational creditors and were “suffering hugely”
RBI not in favour of fresh insolvency freeze – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-not-in-favour-of-fresh-insolvency-freeze/articleshow/82699508.cmsSynopsis During initial discussions with the government, RBI has indicated a freeze will not help anyone in the long run as it will only
Why nominee is not your legal heir – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/why-nominee-is-not-your-legal-heir/articleshow/77653188.cms Synopsis–Regrettably, the words ‘nominee’ and ‘heir’ are commonly understood to be synonymous. However, from a legal standpoint the two concepts are entirely different.
Things should start normalising for Tata Motors H2 onwards: CFO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/things-should-start-normalising-for-tata-motors-h2-onwards-cfo/articleshow/82828552.cmsSECTIONSThings should start normalising for Tata Motors H2 onwards: CFOLast Updated: May 21, 2021, 04:33 PM ISTSynopsis “Looking at volume alone in commercial vehicles
Digital trust is our prime focus for Indian SMEs: PayPal – The Economic Times
clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/digital-trust-is-our-prime-focus-for-indian-smes-paypals-guru-bhat/articleshow/82792588.cmsSynopsis PayPal has come up with various initiatives to help Covid-battered MSMEs, including providing collateral-free loans up to Rs 1 crore. As the country
Great commodities boom of 2021 hits pause amid wider selloff – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/great-commodities-boom-of-2021-hits-pause-amid-wider-selloff/articleshow/82820586.cmsSynopsis A rebound in the world’s largest economies as the vaccination against Covid-19 rolls out is stoking demand for metals, food and energy when
Why your business urgently needs a succession plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/hr-leadership/leadership/covid-impact-why-your-business-urgently-needs-a-succession-plan/articleshow/82790331.cmsSynopsis Given the uncertainties we face; it is wise to plan for a time when you may not be around to lead your business.
Delhi HC: No IGST levy on oxygen concentrators imported for personal use – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/delhi-hc-holds-as-unconstitutional-imposition-of-igst-on-imported-oxygen-concentrators-for-personal-use/articleshow/82829692.cmsSynopsis The Delhi High Court has ruled that the government cannot levy integrated goods and service tax (IGST) on oxygen concentrators that are imported
RBI’s higher payout to help govt tide over revenue losses from lockdowns: Analysts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/rbis-higher-payout-to-help-govt-tide-over-revenue-losses-from-lockdowns-analysts/articleshow/82832506.cmsSynopsis After the RBI surprised the Centre with a record Rs 99,122 crore in surplus transfer for FY21, analysts said this will help the
How infection starts, death rate, treatment, medicine & other key things to know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/et-explains/black-fungus-how-infection-starts-death-rate-treatment-medicine-other-key-things-to-know/articleshow/82796816.cmsSynopsis Black fungus, or mucormycosis, is a complication caused by a fungal infection. This is a relatively rare but potentially fatal condition. The incidence
What really caused the bloodbath in Bitcoin, Ethereum, Dogecoin? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/what-really-caused-the-bloodbath-in-bitcoin-ethereum-dogecoin/articleshow/82790638.cmsSynopsis The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of
Bond sales nosedive as Covid 2.0 cripples India Inc’s capex plans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/bond-sales-nosedive-as-covid-2-0-cripples-india-incs-capex-plans/articleshow/82836828.cms SynopsisCompanies have cumulatively sold Rs 36,720 crore worth of bonds in FY22, JM Financial data showed. That compares with about Rs 1.65 lakh
pfizer vaccine: India and Pfizer hit impasse over vaccine indemnity demand: Sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/india-and-pfizer-hit-impasse-over-vaccine-indemnity-demand-sources/articleshow/82831325.cmsSynopsis India has not given any manufacturer of a COVID-19 vaccine indemnity against the costs of compensation for any severe side effects, which is
‘Faster than the virus’: India’s financial hub gears up for a third COVID-19 wave – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/faster-than-the-virus-indias-financial-hub-gears-up-for-a-third-covid-19-wave/articleshow/82828203.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Mumbai is building four mammoth centres across the city with units for children infected with COVID-19 and it is working closely with a