Clipped from: https://www.financialexpress.com/opinion/sebis-u-turn-on-splitting-cmd-role-beats-logic/2436163/ 46% of India’s top 500 listed firms refused to comply with the regulatory mandate even after two years “If the two roles are
Month: February 2022
Reduce untenable tax litigation – income tax-The Financial Express
Clipped from: https://www.financialexpress.com/opinion/tax-travails-reduce-untenable-tax-litigation/2436200/ The income tax department should target to complete all pending appeals within the next one year and release the inappropriately collected taxes to
SEBI’s enforcement proceedings need a statute of limitations – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/sebis-enforcement-proceedings-need-a-statute-of-limitations/2435080/ This will require detailed empirical studies, consultation with all stakeholders and a review of limitation periods prescribed in other jurisdictions. While introducing statutory
Unlocking India’s solar potential: Phased restrictions on solar inputs will allow redressal of land, labour & capital constraints – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/unlocking-indias-solar-potential-phased-restrictions-on-solar-inputs-will-allow-redressal-of-land-labour-capital-constraints/2435052/ Budget FY23 has extended support to the solar energy sector on enhancing domestic production capacity, with an additional allocation of Rs 19,500 crore
Investor losses in Paytm, Nykaa, PB & Zomato mount to Rs 1.3L cr since Day 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/investor-losses-in-paytm-nykaa-pb-zomato-mount-to-rs-1-3l-cr-since-day-1/articleshow/89636423.cms Synopsis Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39
A queen and a yogi: The chaotic unravelling of Chitra Ramkrishna – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/a-queen-and-a-yogi-the-chaotic-unravelling-of-chitra-ramkrishna/articleshow/89638400.cms SynopsisNarain was appointed vice-chairman in non-executive category on the NSE’s board from April 2013 and remained so till June 2017. Over the last
FPI selling: Look where FPIs are investing as they continue to dump Indian equities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/look-where-fpis-are-investing-as-they-continue-to-dump-indian-equities/articleshow/89639256.cms SynopsisThe outflow owes to changing investment strategy of FPIs amid soaring commodity prices as at over $94 per barrel, crude oil trades at
Income Tax Act: Got a junket as business reward? Get ready to pay tax on it – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/got-a-junket-as-business-reward-get-ready-to-pay-tax/articleshow/89628597.cms SynopsisThe government has added a new section to the Income Tax Act, namely Section 194R, which aims to bring such sops under the
Will all these rate hikes cause a recession? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/will-all-these-rate-hikes-cause-a-recession-1082430.html There’s little dispute that higher interest rates are coming, or that they are warranted European Central Bank President Christine Lagarde warned rushing could
RBI’s gamble on bank balance-sheets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/rbis-gamble-on-bank-balance-sheets/article65054128.ece Raising policy rates to curb inflation and using unconventional policy to rein the yield curve would have been a better option In the
Prepare for a possible market turbulence: FM tells SEBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/prepare-for-a-possible-market-turbulence-fm-tells-sebi/article65054114.ece Sitharaman stressed the need for regulatorto initiate next-generation reforms Finance Minister Nirmala Sitharaman on Tuesday asked market regulator SEBI to be prepared for
Paper industry pins hopes on policy initiatives to boost agroforestry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/paper-industry-pins-hopes-on-policy-initiatives-to-boost-agroforestry/article65054155.ece AS Mehta, President, IPMA | Photo Credit: hp Availability of additional 25 lakh hectares for agroforestry will ensure raw material security for wood-based
In major relief to India Inc, SEBI makes separation of CMD post ‘voluntary’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/in-major-relief-to-india-inc-sebi-makes-separation-of-cmd-post-voluntary/article65054058.ece Bowing to industry pressure, the SEBI Board on Tuesday decided to change its earlier mandate of top 500 listed companies separating the post
The cost of possible war | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-cost-of-possible-war-122021501648_1.html Oil races to prices not seen since 2014 The markets globally have been volatile, driven by a rapid flow of information from the
New prudential norms: NBFCs get some leeway on bad loans classification | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-prudential-norms-nbfcs-get-some-leeway-on-bad-loans-classification-122021501451_1.html The Reserve Bank allowed some relaxation in the stricter prudential norms announced for all lenders, including shadow banks The Reserve Bank on Tuesday
NBFCs get extra 6-months to keep system ready to implement NPA norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nbfcs-get-extra-6-months-to-keep-system-ready-to-implement-npa-norms-122021600060_1.html In November 2021, RBI had given time till March 31, 2022 to implement the rule Imaging: Ajay Mohanty The Reserve Bank of India
Supreme Court asks Future Retail to move Delhi HC on NCLT proceedings | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/supreme-court-asks-future-retail-to-move-delhi-hc-on-nclt-proceedings-122021600013_1.html The Supreme Court has granted Future Retail the option to seek from the Delhi High Court permission to continue proceedings at the National Company Law Tribunal (NCLT) on its
Corporate performance: India Inc’s profit rises 27% in third quarter | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/corporate-performance-india-inc-s-profit-rises-27-in-third-quarter-122021600016_1.html Analysts see a further downside in earnings in the forthcoming quarters The companies in the cyclical sectors –BFSI, oil and gas, and metals
Sebi makes separation of Chairman, MD posts voluntary for India Inc | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-makes-separation-of-chairman-md-posts-voluntary-for-india-inc-122021501442_1.html Reprieve will benefit more than 150 companies, including Reliance Industries, Hindustan Unilever, Bajaj Finserv and Adani Ports Securities and Exchange Board of India
Introduce another slab to tax the super-rich, says C Rangarajan | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/introduce-another-slab-to-tax-the-super-rich-says-c-rangarajan-122020900014_1.html In a Q&A with ex-governor of RBI and Former chairman of Prime Minister’s Economic Advisory Council C Rangarajan says that the Budget 2022-23