Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-these-ministries-get-maximum-delayed-payment-complaints-by-msmes-amount-involved-crosses-rs-350-crore/2295000/ Credit and Finance for MSMEs: MSEFCs are essentially dispute settlement units established by state governments in their respective geographies to address delayed payments
Day: July 21, 2021
On banks and RTI: SC hearing issue again. More financial disclosures will balance privacy & transparency
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/on-banks-and-rti-sc-hearing-issue-again-more-financial-disclosures-will-balance-privacy-transparency/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Insolvency and Bankruptcy Code is broken. It needs to be fixed, immediately – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/insolvency-and-bankruptcy-code-is-broke-it-needs-to-be-fixed-immediately/articleshow/84595207.cmsSynopsis While 4,540 insolvency cases have been admitted for Corporate Insolvency Resolution Process (Cirp), significant recovery has materialised only in a handful of cases,
zomato IPO: View: Why I didn’t invest in the Zomato IPO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-i-didnt-invest-in-the-zomato-ipo/articleshow/84531384.cmsSynopsis Zomato IPO was priced at 26 times its annual revenue, Uber’s 8 times and Just Eat’s 10 times, possibly making the former the
Sustainable agriculture: Why it is more imp now than ever – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/sustainable-agriculture-why-it-is-more-imp-now-than-ever-301754-2021-07-19 Modern agri-tech firms can be instrumental in empowering farmers, promote sustainable agricultural practices, reduce crop wastages, deepen domestic and international market linkages along
Gratuity nomination: Who you can, cannot nominate and how to do it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/gratuity-nomination-who-you-can-cannot-nominate-and-how-to-do-it/articleshow/84543891.cmsSynopsis Here is a look at what the law states about, who can be nominated in case of gratuity, how the nomination must be
U GRO Capital launches Pratham, a MSME co-lending program with Bank of Baroda – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/u-gro-capital-launches-pratham-a-msme-co-lending-program-with-bank-of-baroda/articleshow/84605750.cmsSynopsis A wide range of MSMEs including the recently added wholesale & retail traders under priority sector can avail credit via this program. U GRO
MSME loans risky even as banks transmitted rate cuts the most – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/msme-loans-risky-even-as-banks-transmitted-rate-cuts-the-most/articleshow/84551997.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis “Despite the restructuring, however, stress in the MSME portfolio of PSBs remains high” noted RBI’s latest financial stability report (FSR). ” Given the
An open letter to new IT and telecom minister Ashwini Vaishnaw – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/a-letter-to-ashwini-vaishnaw/articleshow/84561625.cmsSynopsis Finally, coming to telecom, the two major issues are the entire adjusted gross revenue (AGR) mess. So that we are not reduced to
Surprised that Q1 results weren’t too bad? Just look at operational expenses
Clipped from: https://www.deccanchronicle.com/business/market/240820/navigating-safely-in-turbulent-times.html Representational image (PTI) Mumbai: Most Sensex companies’ first-quarter employee benefits expenses saw only minor change compared to the fourth quarter of FY19-20 just before the
On banks and RTI: SC hearing issue again. More financial disclosures will balance privacy & transparency
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/on-banks-and-rti-sc-hearing-issue-again-more-financial-disclosures-will-balance-privacy-transparency/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
The right resolution | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/nclt-resolution-videocon-insolvency-7414247/ NCLT order in Videocon case underscores imperative to maintain sanctity of IBC process On June 8, the NCLT had approved the resolution plan
MSE credit growth slips for second straight month in May; share in gross bank credit further dips to 9.48% – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-mse-credit-growth-slips-for-second-straight-month-in-may-share-in-gross-bank-credit-further-dips-to-9-48/2293259/ Credit and Finance for MSMEs: The YoY growth in credit deployment to medium enterprises had remained strong at 64.7 per cent – Rs
Little room for big fiscal expansion: Finance Secretary TV Somanathan – The Financial Express
Clipped from: https://www.financialexpress.com/economy/little-room-for-big-fiscal-expansion-finance-secretary-tv-somanathan/2294503/ According to the official, even if some more relief measures are unveiled in the wake of the third Covid wave, the deficit could
RIL-Future deal: Singapore EA award needs to be executed, Amazon tells SC | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ril-future-deal-singapore-ea-award-needs-to-be-executed-amazon-tells-sc-121072001331_1.html Singapore’s Emergency Arbitrator (EA) award is valid and needs to be executed, Amazon on Tuesday told the Supreme Court Photo: Bloomberg Singapore’s Emergency
Hope fades for PSBs | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/hope-fades-for-psbs-121072001639_1.html Govt cannot keep infusing capital perpetually Public sector banks (PSBs) are reported to have written off about Rs 8 trillion worth of loans
‘CA, CS coaching institutes not eligible for GST exemption’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/private-coaching-institutes-for-ca-cs-etc-not-educational-institution-says-kerala-aaar/article35422895.ece Kerala AAAR says they are not educational institutions Kerala’s Appellate Authority for Advance Ruling (AAAR) has upheld that an institute imparting coaching to
India SME Forum says draft e-commerce rules will cause disruption – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/india-sme-forum-says-draft-e-commerce-rules-will-cause-disruption/article35424382.ece The amendments will also have an impact on extended support levied by e-commerce platforms – istock.com/marchmeena29 The amendments will also have an impact
LIC Housing Finance approaches SAT on issue of preference shares to LIC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/lic-housing-finance-approaches-sat-on-issue-of-preference-shares-to-lic/article35432237.ece Exchanges had sought clarification on pricing LIC Housing Finance has approached the Securities Appellate Tribunal over the company’s preferential allotment of shares to
Co-operative societies: Supreme Court quashes part of 97th amendment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/sc-quashes-part-of-97th-amendment/article35432274.ece Move a major boost to federalism In a major boost to federalism, the Supreme Court, on Tuesday, struck down parts of a Constitutional
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