Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-tweak-rules-to-reduce-arcs-cash-outgo-when-buying-stressed-assets/article35287042.ece?homepage=true The lowering of the ‘skin in the game’ requirement will encourage ARCs to step up purchase of bad loans – Getty Images/iStockphoto The
Day: July 13, 2021
WhatsApp and the wait for Data Protection Bill – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/whatsapp-and-the-wait-for-data-protection-bill/article35266846.ece?homepage=true Any business is entitled to follow the letter of the law – it is up to the governments to bring the letter of
As part of super app plan, Tata group may acquire a payment firm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/as-part-of-super-app-plan-tata-group-may-acquire-a-payment-firm/article35284829.ece?homepage=true Company seeks access to digital financial services market The next major acquisition by the Tata Group is likely to be in the fintech
Banks to invoke sureties given by promoters of 17 defaulting cos – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-to-invoke-sureties-given-by-promoters-of-17-defaulting-cos/article35287233.ece?homepage=true In May, the SC upheld the amendment to the Insolvency and Bankruptcy Code that allowed lenders to invoke the personal guarantees of promoters
Over 24K responses filed under e-proceedings, 40K ITRs filed daily on new portal: CBDT – The Hindu
Clipped from: https://www.thehindu.com/business/over-24k-responses-filed-under-e-proceedings-40k-itrs-filed-daily-on-new-portal-cbdt/article35274817.ece It said presently, about 8-10 lakh people are logging into the new portal every day. As many as 24,781 responses have been received
Your car sale doesn’t end with just handing over the keys, RC – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/your-car-sale-doesnt-end-with-just-handing-over-the-keys-rc/article35258453.ece A vehicle and its insurance papers should reflect the same name and address. If not, you could be held liable for any accident
Don’t let go of your no-claim bonus – The Hindu
Clipped from: https://www.thehindu.com/business/dont-let-go-of-your-no-claim-bonus/article35258469.ece When you sell your car, the NCB stays with you as it is attached to you, and not the vehicle. When you transfer