lipped from: https://www.business-standard.com/article/finance/chaudhuri-arrest-case-alchemist-arc-accuses-loan-defaulters-of-complicity-121110101427_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Says former SBI chief’s arrest was based on protest petition filed by erstwhile directors of Hotel Gaudavan; non-bailable warrants were issued without any
Day: November 2, 2021
Auto finance to rebound only by next fiscal mid: Cholamandalam Investment | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/auto-finance-to-rebound-only-by-next-fiscal-mid-cholamandalam-investment-121110201614_1.html Sees demand rising but no big bang, says multiple issues affecting disbursement growth such as second Covid wave and chip shortage With longer
RBI issues revised Prompt Corrective Action framework for banks | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/rbi-issues-revised-prompt-corrective-action-framework-for-banks-121110201548_1.html Capital, asset quality and leverage will be the key areas for monitoring in the revised framework, the RBI said The revised PCA framework
SREI founders may offer resolution plan under CIRP if RBI and lenders allow | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/srei-founders-may-offer-resolution-plan-under-cirp-if-rbi-and-lenders-allow-121110201599_1.html Will refrain of apex bank and lenders resist such a move, says Hemant Kanoria The Kanorias, founders of SREI group, may look at
Tata Motors can make a fast u-turn on JLR orders, India rebound – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/tata-motors-can-make-a-fast-u-turn-on-jlr-orders-india-rebound/articleshow/87476127.cms SynopsisTata Motors hasn’t exactly met Street expectations in the second quarter, but a gradual improvement in chip shortage at its UK subsidiary in
e-commerce: Coping with cyber criminals during the festive season – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/security-tech/security/coping-with-cyber-criminals-during-the-festive-season/articleshow/87479392.cmsSynopsis The pandemic has led to increased acceptance of e-commerce platforms and digital payments, which has presented even more avenues to cyber criminals to
Former SBI chairman Pratip Chaudhuri’s arrest: Bankers shocked over ‘high-handed’ move – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/former-sbi-chairman-pratip-chaudhuris-arrest-bankers-shocked-shock-over-high-handed-move/articleshow/87476302.cmsSynopsis There was reportedly no notice or formal summons in a decade-old soured-loan case which has shaken the banking sector, stoking concerns the incident
$158 billion finance gap for India’s 15M women MSMEs, 66% don’t have bank account: IFC’s Qamar Saleem – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/158-billion-finance-gap-for-indias-15m-women-msmes-66-dont-have-bank-account-ifcs-qamar-saleem/2357938/ Credit and Finance for MSMEs: The finance gap is largest for the women-owned ‘very small enterprises’ (WVSE) segment in India, which according to
India needs a PLI for steel – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-needs-a-pli-for-steel/2361464/ Sino-Indian tensions telling on Indian iron-ore exports, PLI can catalyse domestic value addition The fortunes of the Indian producers in terms of exports
I-T dept rolls out new AIS for taxpayers – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/i-t-dept-rolls-out-new-ais-for-taxpayers/2361418/ “The derived information in TIS will be used for pre-filling of Return (pre-filling will be enabled in a phased manner),” the department said.
RIL partly paid shares to delist; sell your stock or make final payment by this date to avoid forfeiting value – The Financial Express
Clipped from: https://www.financialexpress.com/market/ril-partly-paid-shares-to-delist-sell-your-stock-or-make-final-payment-by-this-date-to-avoid-forfeiting-value/2361784/ Reliance Industries Ltd’s partly paid shares will delist from stock exchanges on 8 November, with the second and final call of Rs 628.50
The new I-T Annual Information Statement, and how it will affect taxpayers | The Indian Express
Clipped from: https://indianexpress.com/article/explained/income-tax-annual-information-statement-form-26a-7603834/ The Budget for 2020-21 had announced the revised Form 26AS, giving a more comprehensive profile of the taxpayer, going beyond just the details
Is the economic recovery V, K or W shaped? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-the-economic-recovery-v-k-or-w-shaped/article37238131.ece Given the complex nature of the post pandemic recovery, English alphabets may be inadequate in explaining it Economists are busy describing the shape
To ease lending, FinMin moves to boost bankers’ morale, growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/to-ease-lending-finmin-moves-to-boost-bankers-morale-growth/article37273674.ece Broad guidelines issued on staff accountability for NPAs up to ₹50 cr In a move aimed at lifting the morale of public sector
Courtroom – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/courtroom/article37269985.ece No ex-parte award In a recent judgment in Godrej Properties Ltd Vs Goldbricks Infrastructure Pvt Ltd, the High Court held that an ex-parte ad-interim
Economist Shankar Acharya’s eventful journey home and abroad – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/books/reviews/memoirs-biographies/an-economists-eventful-journeyat-home-and-abroad/article37269915.ece Shankar Acharya’s engaging book looks back on his eventful life with warmth Book details: Author: Shankar Acharya Publisher: HarperCollins Price: ₹599 Writing
RBI’s hard choice: Sustaining growth versus controlling inflation -Watch | The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/watch-rbis-hard-choice-sustaining-growth-versus-controlling-inflation/article37283240.ece A few weeks ago, the high prices of food commodities made headlines nationally. Additionally, fuel prices are also at near all-time highs. A
Insurance claim liable to be rejected if lapsed on account of non-payment of premium: SC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/insurance-claim-liable-to-be-rejected-if-lapsed-on-account-of-non-payment-of-premium-sc/article37284481.ece The top court was hearing an appeal filed by the LIC against NCDRC judgement that had set aside the order passed by the
IT Department rolls out new format for AIS – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/it-department-rolls-out-new-format-for-ais/article37287332.ece This will have additional info on interest, dividend, among others The Income Tax Department on Monday rolled out a new format for Annual
Danger lurks in every breath you take – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/pulse/every-breath-you-takedanger-lurks/article37269066.ece Carbon emissions and other pollutants that affect air quality have a major impact on the health of living beings At the COP26 in