Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/skill-mapping-reviving-msme-clusters-to-solve-reverse-migration-problem/articleshow/84367407.cms NEXT STORY It’s time to focus on ease of doing ‘small’ business Synopsis Systemic bottlenecks and red tape, lack of affordable credit, inefficient
Month: July 2021
Zomato a no-brainer for a long-term investor, but a challenge for short-term investors: Abhay Agarwal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/zomato-a-no-brainer-for-a-long-term-investor-but-could-be-a-challenge-for-short-term-investors-abhay-agarwal/articleshow/84374945.cmsSECTIONSZomato a no-brainer for a long-term investor, but a challenge for short-term investors: Abhay AgarwalLast Updated: Jul 13, 2021, 04:21 PM ISTSynopsis “If the
Indian Bank has enough resources to grow rapidly: Why it is stock pick of the week – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/indian-bank-has-enough-resources-to-grow-rapidly-why-it-is-stock-pick-of-the-week/articleshow/84290948.cms SynopsisDue to its strong deposit base and high capital adequacy ratio, Indian Bank has enough resources to grow rapidly and corner market share
PNB Housing Finance-Carlyle deal: PSBs told to tick all boxes before stake sale in units – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/pnb-housing-finance-carlyle-deal-psbs-told-to-tick-all-boxes-before-stake-sale-in-units/articleshow/84356047.cmsSynopsis This comes after the Punjab National Housing Finance-Carlyle deal controversy where the PNB board had to seek legal opinion after the deal came
PLI scheme: Samsung may apply for PLI scheme if government extends the deadline – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/samsung-may-apply-for-scheme-if-govt-extends-the-deadline/articleshow/84357346.cmsSynopsis The Centre had expressed its dissatisfaction multiple times to the top brass of the Korean giant before the Cabinet reshuffle for not applying
Realty stocks build up for an upmove after 10 years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/realty-stocks-build-up-for-an-upmove-after-10-years/articleshow/84357211.cmsSynopsis Analysts recommend companies with stronger balance sheets such as Godrej Properties, Prestige Estates and DLF among others Mumbai: Shares of property developers might
PNB Housing Finance-Carlyle deal: Sebi questions directors’ role – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/pnb-housing-fin-carlyle-deal-sebi-questions-directors-role/articleshow/84363004.cmsSynopsis Sebi asks why action should not be taken against them for non-compliance with guidelines Mumbai: The Securities and Exchange Board of India (Sebi) has questioned
A month into launch, glitches still mar new I-T portal; dept says engaged with developer – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/a-month-since-launch-glitches-continue-to-mar-i-t-portal-functioning/2287954/ The modification of master data of the taxpayer is having major issues and Form No. 3 (certificate of declaration) under Vivad se Vishwas
Unemployment rises as labour participation improves – The Financial Express
Clipped from: https://www.financialexpress.com/economy/unemployment-rises-as-labour-participation-improves/2288805/ According to data compiled by the Centre for Monitoring Indian Economy (CMIE), unemployment rate in urban area went up by 33 bps to
Disproportionate fall in urban male jobs | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/disproportionate-fall-in-urban-male-jobs-121071201305_1.html Arguably, urban male jobs are the better quality jobs and their disproportionate loss could imply a greater fall in income than witnessed so
Liquidity in the banking system rises as govt steps up spending | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/liquidity-in-the-banking-system-rises-as-govt-steps-up-spending-121071300041_1.html Net daily liquidity absorbed from banks on July 9 was Rs 4.6 trillion, data released on Monday showed The increase and decrease in
Duopoly concerns – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/duopoly-concerns/article35285906.ece Our telecom market is big enough for existing majors to thrive, making data accessible India’s telecom market is on the brink of becoming
How India can promote job creation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-india-can-promote-job-creation/article35286136.ece Entrepreneurship must get a lift by boosting human and physical resources, and reducing land and capital market distortions The pre-pandemic Indian economy was
Only nine large firms’ debt of Rs 59,000 crore recast by banks so far | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/only-nine-large-firms-debt-worth-rs-59-000-crore-restructured-by-banks-121071201386_1.html Kamath panel approved all the nine proposals of banks Apart from Future group companies, some of the other company’ debt recast proposal that
RBI may tweak rules to reduce ARCs’ cash outgo when buying stressed assets – The Hindu BusinessLine
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
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