Clipped from: https://economictimes.indiatimes.com/news/india/entities-like-facebook-have-to-remain-accountable-says-sc-upholds-delhi-assemblys-right-to-summon/articleshow/84240187.cmsSynopsis Entities like Facebook, which has around 270 million users in India, have to remain accountable to those who entrust them with such power,
Month: July 2021
Termination of telecom licence will kill RCom resolution, Deloitte tells bankruptcy court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/termination-of-telecom-licence-will-kill-rcom-resolution-deloitte-tells-bankruptcy-court/articleshow/84246107.cmsSynopsis Under the IBC proceedings, RCom’s committee of creditors in March 2020 had cleared a resolution plan that would see asset reconstruction firm UVARCL
Fall in outward remittances good news for India’s current account – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/fall-in-outward-remittances-good-news-for-indias-current-account/articleshow/84239666.cmsSynopsis This is the first time annual remittance outflows contracted since 2015 when the Reserve Bank of India (RBI) doubled the annual limit for
Smartphone makers ask Indian retailers to brace for supply shortage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/smartphone-makers-ask-indian-retailers-to-brace-for-supply-shortage/articleshow/84237993.cmsSynopsis The global chip and component shortage has intensified, affecting supplies of smartphones, laptops, smart televisions and internet-connected appliances in India once again after
Insolvency law’s aim is business rejig, not recovery: M S Sahoo, chairman, IBBI – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-laws-aim-is-business-rejig-not-recovery-m-s-sahoo-chairman-ibbi/articleshow/84137210.cmsSynopsis BC has only one objective, that is, reorganisation. It reorganises the affairs of a company to rescue it if its business is viable
Three valuable lessons India of 2021 can learn from 1991 economic reforms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/do-escape-from-old-ideas/articleshow/84214182.cmsSynopsis There has understandably been despair in the years since then that reforms have become hostage to the pressures of our boisterous democracy and
Did you know? Debit, credit cards come with accident insurance cover – The Hindu
Clipped from: https://www.thehindu.com/business/did-you-know-debit-credit-cards-come-with-accident-insurance-cover/article35207559.ece Not many customers are aware of this; experts suggest customers check with their banks about the kinds of insurance policies offered Debit and
Jaypee Infra insolvency Case: IRP Anuj Jain files Suraksha group’s resolution plan with NCLT
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/jaypee-infra-insolvency-irp-anuj-jain-files-suraksha-groups-resolution-plan-with-nclt/articleshow/84231983.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis On June 23, financial creditors of Jaypee Infratech Ltd (JIL) picked Mumbai-based Suraksha group over state-owned NBCC for taking over the insolvent firm,
Reliance Retail Future Deal: Future Retail-Reliance deal: SC to hear on July 20 Amazon plea against HC verdict – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/future-retail-reliance-deal-sc-to-hear-on-july-20-amazon-plea-against-hc-verdict/articleshow/84230549.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis On February 22, the top court had asked the National Company Law Tribunal (NCLT) not to pass the final order on the amalgamation.
How to know if your start-up will work – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-to-know-if-your-start-up-will-work/2286386/ WhiteHat Jr grew to 5000+ employees, while using almost no incremental funds. Karan Bajaj, author and technology entrepreneur. By Karan Bajaj We had
RBI to banks: Wholesalers, retailers allowed to migrate to new Udyam portal, file fresh registrations – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-rbi-to-banks-wholesalers-retailers-allowed-to-migrate-to-new-udyam-portal-file-fresh-registrations/2286381/ Ease of Doing Business for MSMEs: Udyam Registration, launched in July last year, is a self-declaration paperless and free-of-cost portal platform for new
The good and the bad of global corporate tax proposal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/the-good-and-the-bad-of-global-corporate-tax-proposal/article35172388.ece?homepage=true On July 1, India, along with 130 other countries which are signatories to the OECD’s BEPS (Base Erosion and Profit Shifting) framework, agreed
The current ‘inflation’ is a mystery. FinMin, RBI must tread carefully | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-current-inflation-is-a-mystery-finmin-rbi-must-tread-carefully-121070500103_1.html At a time of declining incomes, people don’t have money. So they do not buy. If they don’t buy, prices must fall, not
Oil on the boil | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/oil-on-the-boil-121070800017_1.html Domestic production of oil and gas has been lagging Disputes within the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ have led
Falling US bond yields may signal death knell for ‘reflation’ stock trade | Business Standard News
Clipped from: https://www.business-standard.com/article/international/falling-us-bond-yields-may-signal-death-knell-for-reflation-stock-trade-121070800404_1.html Stock investors are watching the dramatic moves in the Treasury market for clues on the fate of one of this year’s most successful
Cairn Energy secures French court order to seize 20 Indian govt properties – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/cairn-energy-secures-french-court-order-to-seize-20-indian-govt-properties/article35206769.ece?homepage=true Recovery is part of a $1.7-billion arbitration award over reversed retrospective tax demand Britain’s Cairn Energy Plc has secured a French court order
Government to take legal recourse once it gets asset freeze notice from Cairn Energy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/government-to-take-legal-recourse-once-it-gets-asset-freeze-order-by-cairn-energy/article35208688.ece?homepage=true Finance ministry says Government remains open for an amicable solution to the dispute within the country’s legal framework The Government on Thursday said
Time to pare taxes on petro-fuels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/time-to-pare-taxes-on-petro-fuels/articleshow/84214132.cmsSynopsis Taxes on petrol and diesel add up to two-thirds of retail prices, at an all-time high now and a threat to economic recovery.
India economic reforms: View: Real reforms are policy changes that make the economy run better with less political meddling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/not-another-anniversary/articleshow/84151949.cmsSynopsis M Singh I made reforms respectable. Since then, politicians love to claim they are reformers. Anything can now be called a reform, and
As business travel plunges, firms save thousands of crores in costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/as-business-travel-plunges-firms-save-thousands-of-crores-in-costs/articleshow/84154988.cms SynopsisAmong the large companies, TCS posted a decline of Rs 2,215 crore in its travel costs to Rs 1,081 crore in FY21. Reliance
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