Clipped from: https://www.business-standard.com/article/economy-policy/govt-vehicles-older-than-15-years-to-be-scrapped-deregistered-govt-123011901335_1.html Prime Minister Narendra Modi launched the National Vehicle Scrappage Policy in 2021 and had said it will help phase out unfit and polluting
Day: January 19, 2023
*SC refuses to grant relief to Google; NCLAT to decide matter by March 31 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sc-refuses-to-grant-relief-to-google-nclat-to-decide-matter-by-march-31-123011901325_1.html Google has been given an additional week’s time to comply with the CCI order, which includes paying 10 per cent of the penalty
Fixed or floating rate? Choose floating-rate car loan if you plan to prepay | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/planning-to-pre-pay-your-car-loan-opt-for-floating-interest-rate-123011901268_1.html With interest rates peaking, you could benefit from a decline in them Car sales are surging, and so are car loans. According to Reserve
*Ril Q3 Results Preview: RIL Q3 Preview: Profit may slump 17% YoY, Jio Financial plans in focus – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/ril-q3-preview-earnings-seen-improving-qoq-jio-financial-plans-in-focus/articleshow/97122432.cms Synopsis Net profit is seen down 7-26% on a YoY basis, according to the estimates, while revenue growth is seen in the range
*SC collegium reiterates gay lawyer Saurabh Kirpal’s name for Delhi HC | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/sc-collegium-backs-openly-gay-saurabh-kirpal-says-he-can-be-delhi-hc-judge-123011900999_1.html The top judicial appointment body, led by Chief Justice of India DY Chandrachud, brushed aside the Centre’s objections Kirpal’s elevation as Delhi HC
🙏No more than tweaks | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/no-more-than-tweaks/2952815/ Some rationalisation is needed, but the net effect of tax changes in the Budget will have to be revenue neutral. The corporation taxation
*****All you need to know about Home Loan Foreclosure | The Financial Express
Clipped from: https://www.financialexpress.com/money/all-you-need-to-know-about-home-loan-foreclosure/2953443/ If you are planning to go for a home loan foreclosure, here is a quick guide that can help. Home loan borrowers heading
🙏🙏Digital Personal Data Protection Bill: What rights does it give individuals? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/digital-personal-data-protection-bill-what-rights-does-it-give-individuals/articleshow/96535688.cms Synopsis On November 18, 2022, the Ministry of Electronics and Information Technology proposed a new law, namely the Digital Personal Data Protection Bill
*HDFC planning to raise funds by issuing commercial papers maturing in 1 mth | Business Standard News
lipped from: https://www.business-standard.com/article/finance/hdfc-planning-to-raise-funds-by-issuing-commercial-papers-maturing-in-1-mth-122100600675_1.html India’s Housing Development Finance Corp plans to raise funds by issuing commercial papers maturing in one year, three merchant bankers said on Thursday
*Asian Paints December quarter net profit rises 6.4% to Rs 1,097 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/asian-paints-december-quarter-net-profit-rises-6-4-to-rs-1-097-crore-123011900656_1.html The company had posted a consolidated net profit of Rs 1,031.29 crore in the same period last fiscal, Asian Paints said in a
*Budget 2023 wish list: Insurers seek hike in tax deduction limit | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/budget-wish-list-insurers-ask-for-increase-in-tax-deduction-limit-123011801057_1.html Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for
🙏T+1 transition’s final leg litmus test for foreign investors’ heavyweights | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/t-1-settlement-heads-for-litmus-test-transition-to-enter-final-leg-soon-123011801047_1.html Industry experts are of the opinion that the success of the T+1 settlement cycle will hinge on institutional traders -both foreign as well
🙏The bicycle theory of the 2023 Budget | Business Standard Column
The writer is chief India and Indonesia economist at HSBC The bicycle theory of the 2023 Budget | Business Standard Column Clipped from: https://www.business-standard.com/article/opinion/the-bicycle-theory-of-the-2023-budget-123011801355_1.html Lowering the
🙏Margin of safety | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/margin-of-safety-123011801378_1.html ASBA must be properly tested for secondary markets The Securities and Exchange Board of India (Sebi) has released a consultation paper “Blocking of
*Quitting can be good for you | Business Standard News
Clipped from: https://www.business-standard.com/article/beyond-business/quitting-can-be-good-for-you-123011801373_1.html Human beings find it hard to quit, but life is too short to be wasted on endeavours not worth sticking to. Annie Duke’s
Paint industry could see further downsides on demand, competitive pressures | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paint-industry-could-see-further-downsides-on-demand-competitive-pressures-123011800980_1.html Q3 could see weak volumes; hurdle for incumbents is new entrants in the sector The paints sector has been an underperformer with most
IBC overhaul seeks to give adjudicating authority a power boost | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/govt-proposes-sweeping-changes-for-ibc-to-bring-more-tech-transparency-123011801276_1.html MCA proposes specialised framework for realty projects The ministry of corporate affairs (MCA) has proposed sweeping changes to the Insolvency and Bankruptcy Code to bring more technology,
*Layoff: Microsoft to reduce 10,000 jobs globally amid bleak global outlook | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/microsoft-to-reduce-10-000-jobs-globally-through-the-end-of-q3-fy23-123011801313_1.html The impact of the move on its Indian operations could not be ascertained Microsoft on Wednesday said it would reduce its workforce by 5
🙏In big overhaul, Centre proposes many changes to IBC framework
In big overhaul, Centre proposes many changes to IBC framework: https://www.thehindubusinessline.com/economy/major-overhaul-of-ibc-on-anvil-centre-proposes-over-two-dozen-changes/article66398254.ece
*Have issues with only 6 of 10 CCI directions: Google to SC
Have issues with only 6 of 10 CCI directions: Google to SC: https://www.thehindubusinessline.com/info-tech/android-case-google-softens-stance-focuses-now-on-six-offending-cci-directions/article66397278.ece
aniltikotekar4sme.com 