Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/heres-a-guide-to-change-your-number-in-whatsapp-without-losing-chats/article38002827.ece This option is available both in iOS and Android Meta owned messaging platform WhatsApp allows its users to change numbers without losing chats.
Day: December 22, 2021
IT raids on 4 ARCs: Banks may become wary about selling NPAs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/it-raids-on-4-arcs-banks-may-become-wary-about-selling-npas/article38003717.ece Bankers fear old cases of NPA sale to ARCs being opened up Bankers may baulk at selling bad loans to asset reconstruction companies
Zomato, Swiggy stare at GST complexities from January 1 – The Financial Express
lipped from: https://www.financialexpress.com/economy/zomato-swiggy-stare-at-gst-complexities-from-january-1/2383694/ According to this circular, invoicing of the above service has been made the responsibility of ECOs. In September 2021 it was announced that
Put in place foolproof IT system, control mechanism to check assessment errors: CAG to CBDT – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/put-in-place-foolproof-it-system-control-mechanism-to-check-assessment-errors-cag-to-cbdt/2385945/ Comptroller and Auditor General of India (CAG), in a report tabled in Parliament, audited 356 high value cases pertaining to Corporation Tax with
Did Religare, IL&FS, and Essar promoters carry out circuitous transactions through Srei Group firms? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/did-religare-ilfs-and-essar-promoters-carry-out-circuitous-transactions-through-srei-group-firms/primearticleshow/87869116.cms From Left, Shivinder Singh, Malvinder Singh, erstwhile promoters of Religare group; Hemant Kanoria, former chairman, Srei Infrastructure Finance; Ravi Ruia, Vice chairman, Essar
Negligible revenues, insufficient collateral yet Srei Group lenders gave crores to obscure firms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/negligible-revenues-insufficient-collateral-yet-srei-group-lenders-gave-crores-to-obscure-firms/primearticleshow/88285684.cms SynopsisAmid insolvency proceedings, Srei Group-owned lenders’ decisions, taken as recent as two years back, could bring more trouble for the group. Documents filed
Bank NPA analysis: NPA situation is turning favourable for banks; will it sustain? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/npa-situation-is-turning-favourable-for-banks-will-it-sustain/articleshow/88391607.cms SynopsisA study shows the gross NPAs of almost all private and PSU banks have stabilised in the September ’21 quarter as the post-second
IBC: Time is right for stressed asset investors to play a more meaningful role – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/ibc-time-is-right-for-stressed-asset-investors-to-play-a-more-meaningful-role/articleshow/88405503.cmsSynopsis The Insolvency and Bankruptcy Code was enacted in 2o16 but its yet to gain popularity. The stressed asset market in India is estimated
Recovery chances look slim for Rs 20,000 crore of micro loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/recovery-chances-look-slim-for-rs-20000-crore-of-micro-loans/articleshow/88415574.cmsSynopsis Microfinance lenders including banks and small finance banks may find it difficult to recover about Rs 20,000 crore worth of loans, which will
FII selling makes rupee Asia’s worst-performing emerging market currency – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/fii-selling-makes-rupee-asias-worst-performing-emerging-market-currency/articleshow/88407482.cmsSynopsis The currency declined 1.9% this quarter as global funds pulled $4.2 billion of capital out of the country’s stock market, the most among
Snapdeal files DRHP to raise funds through an initial public offering | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/snapdeal-files-drhp-to-raise-funds-through-an-initial-public-offering-121122100401_1.html The IPO comprises a fresh issue of equity shares worth up to Rs 1,250 crore and an offer-for-sale (OFS) of up to 30,769,600
India’s rooftop solar addition triples to 1.3 GW in Jan-Sep 2021: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-rooftop-solar-addition-triples-to-1-3-gw-in-jan-sep-2021-report-121122100662_1.html Gujarat is the leading state for cumulative rooftop solar installations India’s rooftop solar capacity addition tripled to 1.3 GW during January-September 2021 as
Reliance General Insurance gets IRDAI approval to test 9 products | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reliance-general-insurance-gets-irdai-approval-to-test-9-products-121122100829_1.html Reliance General Insurance Company will soon roll out nine sandbox products to cater to the fast transforming customer requirement in the insurance sector.
‘No recommendation by GST Council to bring petroleum products under GST’ | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/no-recommendation-by-gst-council-to-bring-petroleum-products-under-gst-121122100763_1.html Excise duty on petroleum products is calibrated time to time for generating resources for infrastructure and other developmental items of expenditure: Minister of
Bill on CA, company secretaries referred to standing committee | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/bill-on-ca-company-secretaries-referred-to-standing-committee-121122100705_1.html Minister of State for Parliamentary Affairs Arjun Ram Meghwal moved the proposal for referring the Bill to the panel Chartered Accountant. Photo: Shutterstock
Insolvency proceedings in slow motion | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/insolvency-proceedings-in-slow-motion-121122101379_1.html Processes like pre-packaged insolvency resolution and mediation and conciliation, which are not adjudication-intensive, may be encouraged A corporate insolvency resolution process is like
Managing the spending bulge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/managing-the-spending-bulge-121122101371_1.html Is the post-Covid rise in govt expenditure sustainable? Governments respond to a crisis in different ways. If the crisis impacts the economy and
Indian cybersecurity industry logged $9.85 bn as revenue in 2021: Study | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/indian-cybersecurity-industry-logged-9-85-bn-as-revenue-in-2021-study-121122101107_1.html Industry was ‘at the forefront’ in supporting government, says senior civil servant. The Indian cybersecurity industry has witnessed significant growth in the last two years,
IT raid on chit fund group finds Rs 250-crore illicit cash transaction | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/it-raid-on-chit-fund-group-finds-rs-250-crore-illicit-cash-transaction-121122101222_1.html The searches were carried out on December 16, and 30 premises of the unidentified group, also engaged in real estate and finance business
The limits of unicorns | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-limits-of-unicorns-121122101358_1.html Start-ups cannot be a growth engine for the Indian economy This may have been the second year of the global pandemic, but for
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