Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/govt-considers-picking-up-token-stake-in-voda-idea/articleshow/86216417.cmsSynopsis The government is open to picking up a token stake in Vodafone Idea by converting a part of the dues the company owes
Month: September 2021
All is not well with India’s bankruptcy law. Here’s how it can be fixed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/all-is-not-well-with-indias-bankruptcy-law-heres-how-it-can-be-fixed/articleshow/86210713.cmsSynopsis The problems range from voluntary bankruptcy not working as it should to unaccountable and unethical resolution professionals (RPs) and the absence of a
ratan tata: Tata Sons mulling leadership makeover of $106 billion empire, may create space for CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-sons-mulling-leadership-makeover-of-106-billion-empire-may-create-space-for-ceo/articleshow/86194855.cmsSynopsis The current chairman of Tata Sons, Natarajan Chandrasekaran, is being considered for extension after his term ends in February, while heads of various
Embedded Finance: Making loans available to new-to-credit rural customers – The Financial Express
Clipped from: https://www.financialexpress.com/money/embedded-finance-making-loans-available-to-new-to-credit-rural-customers/2330006/ Rural credit seekers continue to reel under the high interest rates and unfair practices despite the increase in access to technology. As not
Consistent increase in household savings, deposits essential for India’s economic growth – The Financial Express
Clipped from: https://www.financialexpress.com/economy/consistent-increase-in-household-savings-deposits-essential-for-indias-economic-growth/2329999/ For an emerging economy like India consistently augmenting household financial savings is a sine qua non for its medium-term growth story to fructify.
Liquidation as a going concern is an effort to maximise value & save firms under insolvency | INTERVIEW – The Financial Express
Clipped from: https://www.financialexpress.com/industry/liquidation-as-a-going-concern-an-effort-to-maximise-value-and-save-firms-under-insolvency-interview/2329836/ In an effort to maximise the value of a company undergoing insolvency proceedings, the bankruptcy court has allowed for liquidation of the company
SMBs eye offering contactless services permanently, more look to shift operations online – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-covid-impact-smbs-eye-offering-contactless-services-permanently-more-look-to-shift-operations-online/2330064/ Technology for MSMEs: Since the beginning of the pandemic, 59 per cent of SMBs respondents in India have expanded ways customers can reach
Small businesses expect easier credit access, better opportunities with post-Covid govt measures: Survey – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-small-businesses-expect-easier-credit-access-better-opportunities-with-post-covid-govt-measures-survey/2329936/ Ease of Doing Business for MSMEs: A substantial majority of the merchants believed that the government’s move in July this year to include
Loans – You need to submit proof of renovation for top-up home loan – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-you-need-to-submit-proof-of-renovation-for-top-up-home-loan/2329495/ Even if the loan is transferred to a new service provider, the construction period will remain the same as eight years, being more
The wrong answer to the right question – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-wrong-answer-to-the-right-question/2329524/ The dangers the proposed VPN ban can fight are real, but such a solution enfeebles individual liberty and privacy As stated by MeitY,
Enforced bumper-to-bumper cover won’t work logistically or economically: HC | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/enforced-bumper-to-bumper-cover-won-t-work-logistically-or-economically-hc-121091400921_1.html Withdraws its previous order, entrusts lawmakers to examine need for amendment in law on wide coverage of vehicles so as to protect victims
Cyber-ready? India’s 2.1 mn police personnel had 13,000 laptops in 2019 | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/cyber-ready-india-s-2-1-mn-police-personnel-had-13-000-laptops-in-2019-121091400418_1.html Kerala was the only state with 23 computers per 100 police officers: the rest of the states had fewer than 20 computers. According
Sebi plans to overhaul consent settlement rules, reduce timeline by a third | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-plans-to-overhaul-consent-settlement-rules-reduce-timeline-by-a-third-121091401222_1.html At present, a settlement application can be filed in 60 days of receipt of show-cause; another 120 days given to noticee paying 25%
GST Council to weigh bringing fuel under indirect tax regime: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-council-to-weigh-bringing-fuel-under-indirect-tax-regime-report-121091400631_1.html Any change to the GST system would require approval by three-fourths of the panel, which includes representatives from all states and territories The
From Ford Motor to Harley-Davidson, why US automakers stalled in India | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/from-ford-motor-to-harley-davidson-why-us-automakers-stalled-in-india-121091301507_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Failure to read the market and taxes favouring small cars made some of the most storied names in the global automobile industry fail
Madras High Court withdraws order on bumper-to-bumper insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/madras-high-court-withdraws-order-on-bumper-to-bumper-insurance/article36455059.ece The Madras High Court has withdrawn its order on bumper-to-bumper insurance following submissions made by counsels of Insurance Regulatory and Development Authority of
Aided by robust performance across sectors, August exports up 45.76% to $33.28 bn – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/aided-by-robust-performance-across-sectors-exports-in-august-up-4576-to-3328-bn/article36454615.ece?homepage=true Robust performance across sectors such as engineering goods, petroleum products, gems & jewellery, marine products, electronics and textiles helped India’s total goods exports
Freak trade: Futures of RIL, TCS, Airtel, HDFC twins open 10% higher on NSE – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/futures-of-ril-tcs-airtel-hdfc-twins-open-10-higher-on-nse/article36447004.ece?homepage=true Baffled traders vent their frustration through social media Traders at the National Stock Exchange were in for a rude shock on Tuesday as
IBC — five years young – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/ibc-five-years-young/article36437578.ece?homepage=true IBC came in as a breath of fresh air but it needs to keep evolving to be effective and useful When the Insolvency
A boost for textile sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-boost-for-textile-sector/article36438578.ece?homepage=true The PLI scheme will help build competitiveness The Indian textile and apparel sector, with $37 billion exports and $85 billion domestic consumption, is
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