Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/pnbhf-sebi-case-sat-gives-split-verdict/articleshow/85195743.cms SynopsisThe Securities Appellate Tribunal on Monday gave a split verdict on PNB Housing Finance’s petition, which challenged the market regulator’s stay on the
Month: August 2021
India Inc. vs. RBI: Companies don’t want to reveal loan details to public – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-inc-vs-rbi-companies-dont-want-to-reveal-loan-details-to-public/articleshow/85209698.cmsSynopsis Credit-rating agencies have been mandated to list bank-wise term-loan data availed by borrowers. Companies and banks say it’s a breach of client confidentiality.
Flipkart case: Indemnity clause may shield Walmart – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/flipkart-case-indemnity-clause-may-shield-walmart/articleshow/85200598.cmsSynopsis Since the transactions under the scanner is for the period before Walmart took charge of the homegrown etailer, the indemnity clause is expected
Directors’ competencies: A tall order for India Inc – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/directors-competencies-a-tall-order-for-india-inc/articleshow/85202226.cmsSynopsis There has to be a change in mindset while cos are determining who their IDs should be. SEBI’s order included an elaborate and
RBI may have to change stance soon | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/rbi-may-have-to-change-stance-soon-1018081.htmlReserve Bank of India logo. Credit: PTI Photo It was expected that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI)
The LLP ecosystem has been revitalised – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-llp-ecosystem-has-been-revitalised/article35821492.ece The decriminalisation of minor defaults and addition of new concepts should incentivise limited liability partnerships Rabindranath Tagore in his immortal poem Gitanjali had written: “Where
The shaky foundation of the labour law reforms – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-shaky-foundation-of-the-labour-law-reforms/article35825652.ece It could be a long wait before employers and workers enjoy the so-called benefits extended by the labour codes The National Democratic Alliance government
All you wanted to know about e-RUPI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article35822311.ece The government on August 2 launched e-RUPI, a cashless and contactless instrument for digital payment. e-RUPI vouchers are expected to play a big
Supporting growth outweighs inflation unease – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/supporting-growth-outweighs-inflation-unease/article35822693.ece But as economic uncertainty reduces, producers may start hiking prices, pushing up non-food inflation In its August 2021 policy review, the Monetary Policy
Not able to comply with peak margin rules: Brokers tell SEBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/not-able-to-comply-with-peak-margin-rules-brokers-tell-sebi/article35823153.ece Many components of margin levied or to be increased are excessive, bear low correlation to risk and, can damage the growth of the
SAT’s split verdict leaves PNB-Carlyle deal in limbo; case may go to apex court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sats-split-verdict-leaves-pnb-carlyle-deal-in-limbo-case-may-go-to-apex-court/article35823562.ece One judge said SEBI was right to ask for valuation of PNB HFC, other said no need The ₹4,000-crore deal involving PNB Housing
Migration from factories to farms, a sign of distress | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/migration-from-factories-to-farms-121080901309_1.html The government’s Periodic Labour Force Survey (PLFS) report shows a sharp increase in employment in agriculture from 42.5% of the total employment in
Protection from police | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/protection-from-police-121080902085_1.html CJI’s remarks should expedite steps to stop custodial torture As India enters the 75th year of Independence next week, it’s unfortunate that doubts
The foreign stimulus | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-foreign-stimulus-121080901997_1.html With foreign money pouring into the start-up universe, the economy may finally get the stimulus that the government was unable to provide The
Tata group is looking to enter semiconductor manufacturing: Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-group-is-looking-to-enter-semiconductor-manufacturing-chandrasekaran-121081000066_1.html Tata group chairman’s remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their
SAT gives split verdict in Sebi-PNB Housing case; interim order to continue | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sat-gives-split-verdict-in-sebi-pnb-housing-case-interim-order-to-continue-121080901738_1.html Sebi’s main contention was that it had power to regulate transfer of securities under section 24 of the Companies Act The law does
RBI signals a turn towards normalisation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-signals-a-turn-towards-normalisation/2306810/ At a time when the Centre is reluctant to spend too much, and a third wave looks likely, affordable interest rates help The
RBI walks the extra mile for growth – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-walks-the-extra-mile-for-growth/2306825/ While the macro backdrop got further complicated in recent months, RBI’s contra-cyclical policy resolve appears strong Given a stronger global recovery, uptick in
Build an indigenous semiconductor base – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/build-an-indigenous-semiconductor-base/articleshow/85188103.cmsSynopsis Today, America and China are locked in a battle over microelectronics. The US wants to slow down, if not choke off, China’s access
INCOME TAX: Senior citizens can claim tax deduction on medical expenses up to Rs 50,000 – The Financial Express
lipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-senior-citizens-can-claim-tax-deduction-on-medical-expenses-up-to-rs-50000/2307454/ According to Section 80D of the Income Tax Act, senior citizens may avail a deduction of up to Rs 50,000 for payment of