Clipped from: https://www.financialexpress.com/india-news/bank-fraud-shakti-bhog-cmd-kewal-krishan-kumar-arrested-in-money-laundering-case/2284305/ A forensic audit done by the bankers pointed out that the company, in its account books of financial year 2015-16, showed that its
Month: July 2021
Compensation payable for not complying with court order | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/compensation-payable-for-not-complying-with-court-order-121070400687_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The National Commission held that flouting of the High Court’s directions constituted a deficiency in service for which Bhupati could seek remedy under
95% Jet staff must consent to Kalrock-Jalan proposal or lose benefits | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/95-jet-staff-must-consent-to-kalrock-jalan-proposal-or-lose-benefits-121070501191_1.html Voting on the consortium’s offer for employees and workmen began on Monday and will go on till August 4 The National Company Law
How good is Sebi at recovering money? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bs-number-wise-how-good-is-sebi-at-recovering-money-121070500151_1.html The value of notices Sebi has sent out since getting recovery powers in 2013 is more than twice Mumbai’s annual municipal budget The
IT Dept gives more time for manual filing of 15CA/CB forms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/it-dept-gives-more-time-for-manual-filing-of-15cacb-forms/article35157313.ece Date extended till July 15 The Income Tax Department on Monday extended permission for submitting form 15CA/15CB manually with authorised dealer for the
Tea industry fumes as imports surge sharply – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/tea-imports-up-by-139-during-jan-march-irks-industry/article35151587.ece?homepage=true Shipments – mainly from Nepal, Kenya, Vietnam – up 139% in January-March The tea industry is worried over rising imports of the beverage
A blueprint for making PSBs Atmanirbhar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-blueprint-for-making-psbs-atmanirbhar/article35154199.ece?homepage=true Here are some unconventional measures the government can adopt instead of the fiscally unsustainable bank recapitalisation The dictionary meaning of self-reliance (Atmanirbhar) is
RBI to introduce new 10-year G-Sec – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-introduce-new-10-year-g-sec/article35157336.ece?homepage=true The Reserve Bank of India has decided to introduce a new 10-year Government Security (G-Sec), which will become the benchmark paper, through which
Net loss: The Hindu Editorial on Internet access to schools – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/net-loss-the-hindu-editorial-on-internet-access-to-schools/article35108596.ece The Centre must help provide Internet links to all schools as an essential service The digital divide in India’s school education system, reflected
Mixed bag: on Indian merchandise exports – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/mixed-bag-on-indian-merchandise-exports/article35137859.ece Restoring health of every constituent sector is a must for long-term growth in exports India’s merchandise exports reached an all-time quarterly high of $95
Independent directors, company boards ensure checks and balance. Who gets on to them is critical to corporate governance
Clipped from: https://indianexpress.com/article/opinion/editorials/pnb-housing-finance-securities-and-exchange-board-of-india-independent-directors-7388929/ Independent directors, company boards ensure checks and balance. Who gets on to them is critical to corporate governance Unfortunately, such concerns over the
‘At least 20-25% of MSMEs in Karnataka have shut’ | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/at-least-20-25-of-msmes-in-karnataka-have-shut-1005353.htmlK B Arasappa The second wave of Covid-19 dealt a deadly blow to the micro, small and medium-scale industries as they face myriad crises
Centre must lower import tariffs and reduce excise duty on diesel instead of reinstituting trade controls
Clipped from: https://indianexpress.com/article/opinion/editorials/pandemic-economic-contraction-international-food-prices-inflation-7388932/ Centre must lower import tariffs and reduce excise duty on diesel instead of reinstituting trade controls India’s annual consumer food inflation in May,
MSME Associations worry over Gadkari’s move to include retailers and traders in MSME sector – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-associations-worry-over-gadkaris-move-to-include-retailers-and-traders-in-msme-sector/2284292/ Ease of Doing business for MSMEs: MSME associations have expressed their concern about the expansion of MSME definition fearing dilution of the sector
Government should bring provisions under IBC for priority settlement of MSME vendors’ dues, says expert – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-government-should-bring-provisions-under-ibc-for-priority-settlement-of-msme-vendors-dues-says-expert/2284430/ Ease of Doing Business for MSMEs: The government in April this year had introduced an ordinance for a pre-packaged insolvency resolution process for
New greater role for independent directors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/new-greater-role-for-independent-directors/articleshow/84121698.cmsSynopsis It is welcome that Sebi has thoroughly revised its stipulations for independent directors (ID) so as to boost oversight and corporate governance across
Poorer Indian women lost more jobs, ate less amid the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/poorer-indian-women-lost-more-jobs-ate-less-amid-the-pandemic/articleshow/84137515.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The report found about a tenth of the women surveyed saying they ate less or had run out of food while 16% had
‘Shocking”: SC issues notice to Centre on cases registered under scrapped law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/shocking-sc-issues-notice-to-centre-on-cases-filed-under-scrapped-law/articleshow/84135951.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Appearing for petitioner NGO People’s Union for Civil Liberties, senior advocate Sanjay Parikh said that before Sec 66A was struck down, there were
Rs 82,000 cr lying in unclaimed bank a/cs, life insurance, mutual funds, PF: How to get your money back | How to get unclaimed deposit with bank
Clipped from: https://economictimes.indiatimes.com/wealth/invest/rs-82000-cr-lying-in-unclaimed-bank-a/cs-life-insurance-mutual-funds-pf-how-to-get-your-money-back/articleshow/84089095.cmsSynopsis ET Wealth estimates that more than Rs 82,000 crore of investor wealth is lying unclaimed in forgotten and lost investments. There are unclaimed
Bankruptcy: For a 90% haircut, try India’s bankruptcy salon – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/stocks/news/for-a-90-haircut-try-indias-bankruptcy-salon/articleshow/84130490.cmsSynopsis According to an analysis by REDD Intelligence, of the 4,300-plus stressed debtors that have been taken through the 2016 corporate insolvency law, 48%
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