Clipped from: https://www.business-standard.com/article/current-affairs/walmart-s-flipkart-tells-court-it-offers-lower-fee-if-sellers-cut-prices-121062200046_1.html Flipkart and Amazon are in a court battle against the CCI bid to restart an investigation into their business practices, after a judge
Day: June 22, 2021
Caution on inflation | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/caution-on-inflation-121062101601_1.html RBI’s primary mandate should remain inflation targeting The Reserve Bank of India (RBI) last week released the minutes of the meeting of the Monetary Policy Committee (MPC),
GST: A turning point? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/gst-a-turning-point-121062101630_1.html The recent upsurge in revenues offers the prospect of the country breaking out of the long-stagnant tax-to-GDP ratio For the last 25 years,
PMC Bank gets some cooperative support, but revival to take time | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/pmc-bank-gets-some-cooperative-support-but-revival-to-take-time-121062101539_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The takeover of this bankrupt urban cooperative bank by the Centrum-BharatPe combine marks the first instance of NBFCs, high-net worth individuals and fintechs
FinMin allows small HFCs to take recourse to SARFAESI law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/finmin-allows-small-hfcs-to-take-recourse-to-sarfaesi-law/article34892235.ece Move is expected to be a shot in the arm for thousands of small HFCs The Finance Ministry has now allowed all housing
PMC Bank’s rescue plan did have its own dilemma – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/pmc-banks-rescue-plan-did-have-its-own-dilemma/article34888551.ece CFSL made the cut as it was the only player with experience in financial services space Centrum or nothing. This was probably the
DHFL lenders begin voting on proposals to redistribute funds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/dhfl-lenders-begin-voting-on-proposals-to-redistribute-funds/article34893917.ece ‘Majority of FD holders opposed to proposal’ Lenders to Dewan Housing Finance Corporation have begun voting on new proposals for redistribution of funds
All you need to know about bulk deals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-need-to-know-about/article34892037.ece On June 18, CA Rover Holdings, a subsidiary of Carlyle Group, offloaded a 5.1 per cent equity stake in SBI Cards and Payment
The many ways of improving audit quality – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-many-ways-of-improving-audit-quality/article34892499.ece Regulators and auditors must be on the same page to protect the interests of investors. Boards too must be held to account Where
Prices of daily essentials spike by up to 40% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/prices-of-daily-essentials-spike-by-up-to-40/article34892010.ece Hike leads to 5% increase in average monthly household spend, says report Prices of daily essentials and groceries in India have risen by
No tax on cash deposits made by housewives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/no-tax-on-cash-deposits-made-by-housewives/article34891763.ece Tribunal exempts women who deposited less than ₹2.50 lakh during the notes recall period A housewife now may not face any problem from
Shareholders hurt in financial bailouts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/shareholders-hurt-in-financial-bailouts/article34892280.ece Committee of Creditors decides resolution process. DHFL, LVB cases have been unfair to shareholders One of the most contentious resolutions under the Insolvency
Stranded staff in India look to CBDT, SC for tax relief – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-stranded-staff-in-india-look-to-cbdt-sc-for-tax-relief/2275747/ As per Income-Tax Act, based on number of days of stay and other conditions, such stranded employees could qualify as ‘non-resident’ or ‘not
Can you prepay your dead brother’s loan from your funds? – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-4/2275748/ In a personal loan, sometimes banks call for the guarantor to pay the loan outstanding if the borrower is deceased. The payment of
Inflation outlook turns more uncertain – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inflation-outlook-turns-more-uncertain/2275778/ Producer price jump a past replay, with demand making a critical difference It is like believing the cobra has been defanged; it can
Cooperative banks need a single regulator – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/cooperative-banks-need-a-single-regulator/2275780/ PMC episode and the role of state govts underscores the need for this, need to amend relevant laws The Vishwanathan committee will soon
jet airways: Bankruptcy court approves Kalrock-Jalan’s resolution plan for revival of Jet Airways – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/bankruptcy-court-approves-kalrock-jalans-resolution-plan-for-revival-of-jet-airways/articleshow/83741240.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Mumbai bench of the National Company Law Tribunal presided by judicial members – Janab Mohammed Ajmal and V Nallasenapathy while allowing the
itr: Banks to check if you have filed ITR when income crosses TDS limit from July 1, levy 2X TDS if not – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/banks-to-check-if-you-have-filed-itr-when-income-crosses-tds-limit-from-july-1-levy-2x-tds-if-not/articleshow/83739110.cmsSynopsis The objective of this newly inserted provision in the Income-tax Act, 1961 is to ensure that income tax return filing compliance is fulfilled
Govt mulling measures to bolster governance & HR practices in public sector banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-mulling-measures-to-bolster-governance-hr-practices-in-public-sector-banks/articleshow/83735541.cmsSynopsis Some of the key proposals include longer tenure for executive directors, hiring of specialists in areas such as NPA management and fast track
Jobless rate up again – The Financial Express
Clipped from: https://www.financialexpress.com/economy/jobless-rate-up-again/2275769/ CMIE’s MD and CEO Mahesh Vyas, in an article earlier in the month, had said the spike in unemployment rate implied that a
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