Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/cbi-fir-against-naresh-goyal-likely-for-allegedly-defrauding-banks/articleshow/90991296.cms Synopsis Jet Airways was acquired by the Kalrock-Jalan consortium in bankruptcy proceedings. The new owners plan to restart the carrier this year. The
Day: April 22, 2022
*Financial irregularities are easy to uncover if diligent auditors are put on the job and held accountable – Sequoia Capital: The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-financial-irregularities-are-easy-to-uncover-if-diligent-auditors-are-put-on-the-job-and-held-accountable/articleshow/90965473.cms Synopsis Financial irregularities are easy to uncover if diligent auditors are put on the job and held accountable, and if the directors on
*Walmart invites Indian sellers to sell on Walmart Marketplace, reach over 120 million US consumers | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-walmart-invites-indian-sellers-to-sell-on-walmart-marketplace-reach-over-120-million-us-consumers/2499137/ Trade, import and export for MSMEs: Walmart said it sees particular potential for India-made products in highly searched categories like furniture, bedding, home
*Need dedicated policy framework for MSMEs’ e-commerce exports in upcoming foreign trade policy: FISME | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-need-dedicated-policy-framework-for-msmes-e-commerce-exports-in-upcoming-foreign-trade-policy-fisme/2499448/ Trade, import and export for MSMEs: FISME also suggested several short to mid-term measures to address operational inefficiencies faced by MSMEs when exporting through the
*EMI bounce rates inch up in March as inflation pinches, moratoria end | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/emi-bounce-rates-inch-up-in-march-as-inflation-pinches-moratoria-end/2499796/ In value terms, the bounce rate stood at 22.8%, up 36 bps from February 2022. Also, delinquencies from some retail accounts restructured under
*RBI’s hawkish stance on liquidity | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-hawkish-stance-on-liquidity/2499613/ With inflation rising, a slower monetary policy tightening by RBI could accelerate de-anchoring of inflation expectations. RBI might “bite the bullet” by hiking
*Tax Talk: Four key income tax changes from FY22-23 | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-four-key-income-tax-changes-from-fy22-23/2499628/ Taxpayers can now file an updated ITR within two years of the assessment year by paying additional tax Currently, we are in the
*A CAG Callout: High time for UIDAI to be held accountable | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-cag-callout-high-time-for-uidai-to-be-held-accountable/2499562/ With factors including inaccountability, lack of data, and laxity towards process compliance, The CAG Audit highlights gaping holes in the UIDAI’s functioning The