Clipped from: https://www.financialexpress.com/opinion/delay-thy-name-is-ibc-insolvency-framework-is-fast-losing-credibility-needs-a-booster-dose/2516903/ The recovery ratio for creditors has hit a record low of just 10.2% of admitted claims in January-March 2022. This is the second
Day: May 10, 2022
Asian Paints Q4 Results: Firm posts profit of Rs 850 crore; misses estimates – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/asian-paints-q4-results-firm-posts-profit-of-rs-850-cr-misses-estimates/articleshow/91464131.cms Synopsis The profit is lower due to an exceptional loss of Rs 115.70 crore towards Sri Lanka business and expected delay in receivable
*****Rupee vs dollar: Why the rupee is likely to depreciate even more in coming days – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/why-the-rupee-is-likely-to-depreciate-even-more-in-coming-days/articleshow/91459170.cms SECTIONS Why the rupee is likely to depreciate even more in coming days By Tamanna Inamdar ,Last Updated: May 10, 2022, 10:35 AM
MNCs rush to tax experts as SC backs I-T dept on reassessment notices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/mncs-rush-to-tax-experts-as-sc-backs-i-t-dept-on-reassessment-notices/articleshow/91452007.cms Synopsis The apex court on May 4 ruled that thousands of show-cause notices issued by the income-tax department under an old provision (Section