clipped from: https://www.business-standard.com/article/companies/dhfl-resolution-lenders-weigh-options-after-nclt-s-surprise-call-121052100019_1.html Tribunal gave direction to have a look at offer by Kapil Wadhawan After the bankruptcy tribunal’s surprise order on Dewan Housing Finance (DHFL),
Month: May 2021
Committee of creditors rejects NBCC resolution plan for Jaypee Infratech | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/committee-of-creditors-rejects-nbcc-resolution-plan-for-jaypee-infratech-121052100040_1.html Lenders to vote on Suraksha plan from Monday Both NBCC and Suraksha ARC had bid for JIL’s assets, which owns a huge land
Ahead of jobs miss, some Fed officials edged towards ‘taper’ debate | Business Standard News
Clipped from: https://www.business-standard.com/article/international/some-fed-officials-edged-toward-policy-debate-in-april-minutes-show-121052000022_1.html US stocks dropped further into negative territory after the release of the minutes, while the US 10-year Treasury yield rose to a session
Dec quarter saw rise in home loan delinquencies: CRIF High Mark – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/dec-quarter-saw-rise-in-home-loan-delinquencies-crif-high-mark/2255946/ While housing finance companies (HFCs) faced 7.84% delinquencies, public sector banks saw 6.3% loans under stress during Q3FY21. CRIF High Mark, however, mentioned
Allow banks wider recast of loans – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/allow-banks-wider-recast-of-loans/2255982/ The second wave has hit small businesses hard; permit recast of loans of upto Rs 50 crore, while classiying the accounts as NPAs
Banks likely to transfer about 80 large NPA accounts to NARCL – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/banks-likely-to-transfer-about-80-large-npa-accounts-to-narcl/2255777/ NARCL will pay up to 15 per cent of the agreed value for the loans in cash and the remaining 85 per cent
Eateries launch own ordering websites – The Financial Express
Clipped from: https://www.financialexpress.com/industry/eateries-launch-own-ordering-websites/2255988/ “We used Instagram to market the brands. The marketing costs are justified given that we are building the brands for the long term,”
Power to the people! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/auto-focus/power-to-the-people/article34608315.ece Image for representational purpose only – Scharfsinn86 Image for representational purpose only – Scharfsinn86× Here is all you need to know about the
FAITH urges Centre to review and rationalise GST on tourism value chain – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/policy/faith-urges-centre-to-review-and-rationalise-gst-on-tourism-value-chain/article34606072.ece Say hospitality players must be allowed to get a refund of unutilised GST credit lying with State governments The Federation of Associations in
Released liquidity may help banks to subscribe to G-Secs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/released-liquidity-may-help-banks-to-subscribe-to-g-secs-aggregating-32000-cr-at-fridays-auction/article34607405.ece Market participants offered to sell seven G-Secs aggregating ₹1,21,696 crore Liquidity released on account of purchase of Government Securities (G-Secs/GS) aggregating ₹35,000 crore
Covid ‘infects’ leather exporters’ biz – NEWS – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/article34610861.ece Skeletal staff andshortage of sea containers emerge major concerns Leather exporters have enough orders on hand, but skeletal staff strength and shortage of
FM asks CCI to provide regulatory stimulus for India Inc’s revival – NEWS – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/article34610868.ece Addresses a virtual event to mark CCI’s 12th Annual Day Finance Minister Nirmala Sitharaman on Thursday asked the Competition Commission of India (CCI)
Warehousing industry needs a makeover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/warehousing-industry-needs-a-makeover/article34608162.ece?homepage=true To stem the wastage of harvested crop, warehouses need to scale up capacity, modernise and be manned by skilled personnel Foodgrains production in
Creeping threat – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/creeping-threat/article34607953.ece?homepage=true The surge in global commodity prices poses a challenge in managing inflation At a time when the demand contraction caused by the second
Safeguard infra projects from cost overruns – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/safeguard-infra-projects-from-cost-overruns/article34607926.ece?homepage=true Spikes in steel and cement prices can derail projects. Policies that promote the use of alternative inputs will help lower costs Several steps
Salaried taxpayers can now file returns for AY22 by Sept 30 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/salaried-taxpayers-can-now-file-returns-for-ay22-by-sept-30/article34607821.ece?homepage=true Corporates will get one more month to file returns Salaried income taxpayers will get two more months to file income-tax returns for AY22
We expect a massive disruption in supply-chain: Bosch India chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/we-expect-a-massive-disruption-in-supply-chain-bosch-india-chief/article34608200.ece ‘Nobody knows what impact the second wave of Covid will have on the industry’ India’s leading auto parts manufacturer Bosch posted a sharp
Should you go for rooftop solar power? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/should-you-go-for-rooftop-solar-power/article34569311.ece Your return on investment is based on various factors such as cost, subsidy and electricity price India has the world’s cheapest solar power,
Investors face losses amid outages in crypto bourses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/investors-face-loses-amid-outages-in-crypto-bourses/article34607768.ece Crash in price led to heavy transactions on the platforms Indian crypto investors were left in the lurch amid crashing prices, as domestic
Depositors’ body wants banks to take a cue from Govt and not cut deposit rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/depositors-body-wants-banks-to-take-a-cue-from-govt-and-not-cut-deposit-rates/article34605190.ece Cautions that a negative real interest rate may hamper growth in the long run The All India Bank Depositors’ Association (AIBDA) has requested
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