Clipped from: https://www.business-standard.com/article/economy-policy/fidc-urges-govt-to-address-issues-of-msme-borrowers-nbfcs-121062000295_1.html The Finance Industry Development Council (FIDC) has urged the Ministry of Micro, Small & Medium Enterprises (MSME) to address issues faced by MSME
Day: June 21, 2021
Will co-lending in new avatar fly? It may, but not in a way it was imagined | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/will-co-lending-in-new-avatar-fly-it-may-but-not-in-a-way-it-was-imagined-121062000818_1.html One problem that is yet to be fully resolved is how to marry the low-cost funds of banks with the lower operational costs
Relief for MSME promoters under debt scheme likely | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/covid-19-crisis-relief-for-msme-promoters-under-debt-scheme-likely-121062000979_1.html The government had, in May last year, announced a slew of measures to help MSMEs tide through the Covid-19 crisis. The response to
There is a silent kirana revolution happening in India: Marico MD & CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/there-is-a-silent-kirana-revolution-happening-in-india-marico-md-ceo-121062000875_1.html In an interview with Viveat Susan Pinto, Saugata Gupta responds to questions regarding competitive intensity in honey, overall consumer confidence and the way
Explain logic in one-time settlement of Siva Industries: NCLT to lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/explain-rationale-in-one-time-settlement-of-siva-industries-nclt-121062000302_1.html PSU banks to get 26% of dues after third party guarantor payments The National Company Law Tribunal (NCLT), Chennai, has asked lenders to
RBI showers its blessings on local audit firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-showers-its-blessings-on-local-audit-firms/article34877448.ece New audit norms have given firms the much-needed push, but it will take them some more time to grow big to a global
Over 20 semiconductor cos submit EOIs for PLI Scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/over-20-semiconductor-cos-submit-eois-for-pli-scheme/article34869112.ece The government will be open to negotiating new incentives Over 20 semiconductor manufacturing and designing companies in high-end, displayand specialty fabrication have submitted
From Plate to Plough: How sustainable are our agricultural exports? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/from-plate-to-plough-how-sustainable-are-our-agricultural-exports/2275079/ High time that policymakers revisit the entire gamut of rice and sugar systems, from MSP/FRP to production and procurement, ensuring ‘more crop per
Level playing field to be made for Samsung & Apple vendors – The Financial Express
Clipped from: https://www.financialexpress.com/industry/level-playing-field-to-be-made-for-samsung-apple-vendors/2275239/ Official sources said that the base year for over which the investment and incremental sales target would be calculated would remain same for
Coronavirus | Massive distribution of ex gratia will strain finances, says Centre – The Hindu
Clipped from: https://www.thehindu.com/news/national/covid-19-is-not-a-one-time-disaster-like-earthquake-or-flood-centre-says-in-sc/article34863497.ece?homepage=true COVID-19 pandemic not a one-time disaster, broader approach needed, the government tells Supreme Court. The COVID-19 pandemic is not a “one-time disaster”, like an earthquake
With the lifting of lockdown restrictions, bicycle sales set to grow by 20 per cent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/with-the-lifting-of-lockdown-restrictions-bicycle-sales-set-to-grow-by-20-per-cent/article34865219.ece?homepage=true Sales likely to touch 1.45 crore units in FY22: CRISIL Bicycle sales, which has seen a significant contraction in sales in the first
Why is food inflation still haunting us? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-is-food-inflation-still-haunting-us/article34871097.ece?homepage=true Elevated food prices pose a dilemma for both monetary and trade policies. Tariffs may be a better option than quotas CPI inflation has
Bringing the economy back on track – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/bringing-the-economy-back-on-track/article34870492.ece?homepage=true The focus must be on preventing further Covid waves and providing support to economic activity The hope and optimism on display at the
Explain reasons for accepting OTS by Siva Industries: NCLT – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/explain-reasons-for-accepting-ots-by-siva-industries-nclt/article34871860.ece?homepage=true Lenders will get only 6.5% of the total debt of ₹4,863 crore NCLT has asked lenders of Siva Industries to clarify the rationale
SEBI halts PNB Housing Fin’s ₹4,000-cr deal with Carlyle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-halts-rs-4000-crore-carlyle-pnbhf-deal/article34863869.ece?homepage=true Move is ultra vires of Articles of Association; PNBHF insists due process followed The Securities and Exchange Board of India has asked PNB
FTA hesitancy | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fta-hesitancy-121062000946_1.html Govt and industry must be open to free trade pacts NITI Aayog Chief Executive Officer Amitabh Kant recently told an industry grouping that Indian
A new structure of financial regulation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-new-structure-of-financial-regulation-121062000966_1.html One of the most egregious recent cases of misconduct is the behaviour of credit-rating agencies. Last week, HDFC Bank had to put out
The RBI as outlier on inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-rbi-as-outlier-on-inflation-121062000950_1.html As the threat of inflation returns, the Fed and others adjust their messages – why not the RBI? There’s something of a debate
A new era for microfinance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-new-era-for-microfinance-121062000871_1.html Over the past few years, some banks have been fishing in the same pond, exploiting the regulatory loopholes. That’s lazy banking. Now, all
Emerging Paradigms of Corporate Social Responsibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/emerging-paradigms-of-corporate-social-responsibility/2275040/ CSR’s definition has been provided which includes negative list i.e. list of items prohibited to be considered for spending towards CSR. Dr. Devesh