Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/sebis-delisting-norms-make-sense/articleshow/84654415.cmsSynopsis The proposed changes would allow an acquirer to launch an open offer and initiate delisting simultaneously by announcing a takeover price and a
Day: July 23, 2021
Centre begins review of legal issues in GST – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/centre-begins-review-of-legal-issues-in-gst/articleshow/84643844.cmsSynopsis The review is aimed at clearing the air on issues such as whether services provided by back offices of multinational companies in India
India-China trade: Engineering goods exports to China, Singapore & Malaysia fall sharply in June: EEPC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/engineering-goods-exports-to-china-singapore-malaysia-fall-sharply-in-june-eepc/articleshow/84668621.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Exports to China, world’s largest buyer of raw material, in value terms declined 33% to US$ 501.9 million in June, 2021 from US$
Semiconductor: Global chip shortage will easily drag into 2022: Stellantis CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/global-chip-shortage-will-easily-drag-into-2022-stellantis-ceo/articleshow/84667762.cmsSynopsis The global chip shortage comes as demand for cars has spiked during the global economy’s recovery from the coronavirus crisis, driving up prices
Why Tata Motors is stock pick of the week despite current underperformance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/why-tata-motors-is-stock-pick-of-the-week-despite-current-underperformance/articleshow/84496576.cms SynopsisTata Motors plans to bring down its net debt to near zero by 2023-24, from around Rs 41,000 crore now. Retail demand also
What is true value of Zomato shares? Aswath Damodaran pegs it at Rs 41 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/what-is-true-value-of-zomato-shares-aswath-damodaran-says-rs-41-apiece/articleshow/84668537.cmsSynopsis Valuation guru Aswath Damodaran believes the shares of the company are not worth more than Rs 41 a piece–a sharp discount of about
PIL seeks setting up of GST tribunal to cut backlog of cases – The Financial Express
Clipped from: https://www.financialexpress.com/economy/pil-seeks-setting-up-of-gst-tribunal-to-cut-backlog-of-cases/2295879/ “The constitution of National and other Benches of the appellate tribunal under Section 109 of the CGST Act, 2017 is an absolute necessity
Future Group taking contrary positions after deal, Amazon tells Supreme Court – The Financial Express
Clipped from: https://www.financialexpress.com/industry/future-group-taking-contrary-positions-after-deal-amazon-tells-supreme-court/2295864/ Future Group has been instrumental in deciding the key terms and conditions of the deal, which included a provision for an emergency arbitrator.
Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring ‘fraud’ | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/dubai-tycoon-slaps-8-bn-suit-on-bob-ey-in-new-york-for-ignoring-fraud-121072200836_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Founder of Dubai-based firm NMC Healthcare, B R Shetty, claims it sank because the two entities turned a blind eye to a series
ICICI Bank Q1 preview: Net profit may nearly double YoY on lower provisions | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/icici-bank-q1-preview-net-profit-may-nearly-double-yoy-on-lower-provisions-121072300153_1.html ICICI Bank Q1 preview: Analysts, across-the-board, remain bullish on the lender’s bottom line figure and expect the profit after tax (PAT) to grow
Inflationary situation in India is at a ‘very risky bend’: Kaushik Basu | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflationary-situation-in-india-is-at-a-very-risky-bend-kaushik-basu-121072201507_1.html India needs a much better curation of policy once again between the Reserve Bank of India and the finance ministry, says former CEA
Targeting taxpayers | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/targeting-taxpayers-121072201549_1.html Tax department should not issue notices indiscriminately The latest dispute between the Income-Tax Department and some assessees is a good example of the
Arrest, search, summons under GST law not to be affected by Supreme Court’s limitation order, says CBIC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/arrest-search-summons-under-gst-law-not-to-be-affected-by-supreme-courts-limitation-order-says-cbic/article35444786.ece In an effort to provide relief on account of pandemic, the government had extended time limit for various compliances under GST law The
Delhi HC orders CBI probe over mail from ‘DONOTREPLY@incometaxindiaefiling.gov.in’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/delhi-hc-orders-cbi-probe-over-mail-from-donotreplyincometaxindiaefilinggovin/article35413539.ece Assessment Officer denies sending mail from that ID The Delhi High Court ordered a CBI enquiry in a case where an e-mail was
More women have exited formal employment in India than men | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/covid-impact-more-women-have-exited-formal-employment-in-india-than-men-121072300350_1.html Of the more than half a million women who exited the formal workforce and did not join back, two-thirds were under 35 years
Govt considering options to counter tax-assessment litigations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-considering-options-to-counter-tax-assessment-litigations/article35441297.ece Delhi HC had stayed operation of I-T reassessment notices issued after March 31 The government is considering various options to counter tax-assessment litigations.
Cash-strapped Vodafone Idea gets nod for FDI up to Rs 15,000 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/cash-strapped-vodafone-idea-gets-nod-for-fdi-up-to-rs-15-000-crore-121072300010_1.html Fund-raise set to help cash-strapped telco cut debt and pay AGR dues Vodafone Idea shares ended the day 2.8 per cent higher at
Charitable trust running medical store required to register for GST, says Gujarat High Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/charitable-trust-running-medical-store-required-to-register-for-gst-says-gujarat-high-court/article35466064.ece The HC affirmed the ruling given by Gujarat’s Appellate Authority of Advance Ruling and Authority for Advance Ruling The Gujarat High Court held
Punting on bankruptcy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/punting-on-bankruptcy/article35347573.ece Improving disclosures on IBC stocks will curb insider trading and protect small investors Stocks of companies undergoing corporate insolvency resolution process (CIRP) have
Swing factor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebis-proposal-to-allow-debt-funds-to-use-swing-pricing-is-a-good-move-but-safeguards-are-needed/article35473315.ece Making AMCs run segregated portfolios for retail and institutional investors may be a better idea – REUTERS Making AMCs run segregated portfolios for
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