Clipped from: https://www.business-standard.com/article/companies/mca-expands-small-firm-definition-raises-turnover-and-borrowing-limits-121062400055_1.html This would enable a wider set of companies to avail of greater flexibility in the accounting standards, according to a notification issued on
Day: June 24, 2021
KM Birla won’t buy firms with global supply chains, cites protectionism | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/birla-group-won-t-acquire-firms-with-global-supply-chain-due-to-covid-curbs-121062300331_1.html Aditya Birla Group is spread across 36 countries; its chief has acquired more than 40 companies in the last 25 years. Indian billionaire
Consumer protection rules: Decoding the impact on e-commerce firms, buyers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/consumer-protection-rules-decoding-the-impact-on-e-commerce-firms-buyers-121062301907_1.html The proposed rules have created quite a stir among companies, with some anticipating a change in their business structure if these are implemented
The limits of central banking ‘toolkit’ | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-limits-of-central-banking-toolkit-121062301969_1.html The change in the Fed’s forecast and a possible shift in policy is perhaps a good time to review how central banks –
₹1 lakh penalty for incorrect client data submission is harsh, says ANMI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/1-lakh-penalty-for-incorrect-client-data-submission-is-harsh-says-anmi/article34933166.ece Association urges NSE to withdraw penalty as client statement are system driven The Association of National Exchanges Members of India has urged the
View: There are practical limitations in CMIE’s CPHS sampling, but no bias – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-there-are-practical-limitations-in-cmies-cphs-sampling-but-no-bias/articleshow/83788605.cmsSynopsis CPHS is a household survey of a nationally representative sample in the sense that it is selected through a process of multistage stratification
sebi: Sebi board to focus on independent directors next week, discuss appointment and removal rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-board-to-focus-on-independent-directors-next-week-discuss-appointment-and-removal-rules/articleshow/83797214.cms SynopsisThe Sebi board, which will meet on June 29, will also discuss a liberalised ownership framework to allow new entrants to set up
It’s time for RBI to turn its attention to inflation | The Indian Express
lipped from: https://indianexpress.com/article/opinion/columns/its-time-for-rbi-to-turn-its-attention-to-inflation-7372814/ So far, it has not responded to high inflation. But recent trends will persuade it to turn focus back on prices. Rising inflation
करावे कर-समाधान : भांडवली संपत्तीची व्याख्या आणि करआकारणी | लोकसत्ता
Clipped from: https://www.loksatta.com/arthvrutant-news/income-tax-on-capital-asset-capital-assets-definition-zws-70-2505565/ भांडवली नफा हा कोणत्या संपत्तीवर करपात्र आहे हे समजल्यानंतर यावरील करपात्रता त्याच्या धारण काळावर अवलंबून असते. प्रवीण देशपांडे व्यक्तीची करपात्रता ही त्याच्याकडील संपत्तीच्या
Forced rescue – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-and-the-centre-must-do-their-best-to-ensure-that-the-pmc-bank-resolution-works/article34935111.ece?homepage=true RBI and the Centre must do their best to ensure that the PMC Bank resolution works Afer 20 months of being left out
DHFL creditors vote against higher distribution of funds to small investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/dhfl-creditors-vote-against-higher-distribution-of-funds-to-small-investors/article34932244.ece?homepage=true NCLT had suggested 40% recovery to small investors similar to that of financial creditors The Committee of Creditors of Dewan Housing Finance Corporation
Long haul ahead | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/long-haul-ahead-121062301934_1.html Jet Airways revival will be a challenge for new owners The National Company Law Tribunal has cleared the revival plan for Jet Airways,
Suraksha group beats NBCC India in close race to buy Jaypee Infratech | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/suraksha-group-beats-nbcc-india-in-close-race-for-jaypee-infratech-121062301561_1.html It’s a photo finish with Suraksha getting 98.66% votes, while NBCC gets 98.54% All lenders, except ICICI Bank, voted in favour of both
Intermediaries must comply with new IT Rules – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/intermediaries-must-comply-with-new-it-rules/2277214/ WhatsApp and other controversies notwithstanding, the Indian market remains open only upon compliance The government views this stand as nothing but an afterthought,
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-sidbi-revamps-term-loan-scheme-liquid-for-covid-hit-msmes-enables-credit-up-to-20-of-highest-outstanding/2276441/ Credit and Finance for MSMEs: The scheme would involve zero contribution from the promoter of the enterprise apart from offering subsidized interest rate,
A prescription for GDP growth: Govt must spend, save economy from slipping again, forget deficit – The Financial Express
lipped from: https://www.financialexpress.com/economy/a-prescription-for-gdp-growth-govt-must-spend-save-economy-from-slipping-again-forget-deficit/2276869/ Government must scale up spending, boost consumption, and ignore the rise in fiscal deficit, for now, to revive the economy. Economists say increased
RBI’s accommodative stance has been justified – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-accommodative-stance-has-been-justified/2277210/ With inflation likely to stay elevated as the economy revives, RBI must ready itself to normalise monetary policy Also, since the private sector
Lessons from resolution of Jet Airways – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/lessons-from-resolution-of-jet-airways/articleshow/83790052.cmsSynopsis The company had received claims of nearly Rs 25,000 crore, of which the resolution professional admitted Rs 8,462 crore as legitimate claims. The
Mostly Welcome Microfinance Norms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/mostly-welcome-microfinance-norms/articleshow/83790207.cmsSynopsis The RBI paper now seeks to streamline and update microfinance regulation across all regulated entities, which makes perfect sense. The rates of interest
MCA raises threshold of small and medium companies in updated accounting standards rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-raises-threshold-of-small-and-medium-companies-in-updated-accounting-standards-rules/articleshow/83782962.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis According to the notification on Wednesday, SMCs have been defined as unlisted firms with a turnover not exceeding Rs 250 crore and with