Clipped from: https://www.thehindubusinessline.com/companies/bigbasket-eyes-expansion-into-450-towns-by-end-march/article66330433.ece Seeing decent demand from tier-2 cities, says co-founder Vipul Parekh Vipul Parekh, Co-Founder, Chief Finance Officer and Chief Marketing Officer, BigBasket Over a third of BigBasket’s revenue
Month: January 2023
‘Today’s banks are seen as tech companies with banking licence’ – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/money-and-banking/todays-banks-are-seen-as-tech-companies-with-banking-licence/article66329282.ece How and why Karnataka Bank prioritises digital tech, data for growth Mahabaleshwara MS, MD and CEO, Karnataka Bank The 98-year-old Karnataka Bank Ltd
Google challenges CCI order before NCLAT – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/info-tech/google-challenges-cci-order-before-nclat/article66329790.ece Google has accused D-G of CCI of copy-pasting conclusions from decisions of foreign authorities without any application of mind Google has challenged CCI
Multiple factors caused roadblocks to rooftop solar growth: Union Minister RK Singh – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/economy/multiple-factors-caused-roadblocks-to-rooftop-solar-growth-r-k-singh/article66259276.ece While ground-mounted solar capacity is inching closer to its target, the rooftop category is staring at a huge shortfall as it has achieved
Will Digital Currency replace the physical rupee? | The Financial Express***
Clipped from: https://www.financialexpress.com/money/will-digital-currency-replace-the-physical-rupee/2930771/ One of the key benefits of the e-Rupee is that if it is accepted widely by the public, it can also help solve
Pharma industry need to go beyond conventional generics to boost exports: Pharmexcil D-G – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pharma-industry-need-to-go-beyond-conventional-generics-to-boost-up-exports-further/article66326674.ece In an interview with businessline, R Uday Bhaskar, Director, General, Pharmaceuticals Export Promotion Council (Pharmexcil), shares his thoughts Pharmexcil Director General Ravi Uday Bhaskar |
After ending on a positive note, pharma industry aims for a new high in 2023 – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/economy/after-ending-on-a-positive-note-pharma-industry-aims-for-a-new-high-in-2023/article66326667.ece | Photo Credit: RAGHUNATHAN SR Must focus on innovative products, finding ways to tackle pricing pressure, exploration of new markets Carving a niche for
TDS credit cannot be denied to Assessee for Non-Compliance by Deductor***
Clipped from: https://taxguru.in/income-tax/tds-credit-denied-assessee-non-compliance-deductor.html Bulldog Media & Entertainment Pvt. Ltd. Vs CIT (Appeals) (ITAT Mumbai) We observed that assessee has disclosed the total figure of income in
Income Tax addition based on mere doubt and suspicion not sustainable***
Clipped from: https://taxguru.in/income-tax/income-tax-addition-based-doubt-suspicion-sustainable.html Narender Kumar Vs ITO (ITAT Delhi) Undisputedly, in course of assessment proceeding, the assessee had explained the source of cash deposits in the
Acknowledging a debt through an entry in the balance sheet – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/business-laws/acknowledging-a-debt-through-an-entry-in-the-balance-sheet/article66326708.ece Limitation Act is applicable to insolvency code, but more clarity is needed Corporate debtors need to be aware of the implication of every
China economic activity worsens in Dec 2022 as Covid spreads – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/china-economic-activity-worsens-in-dec-2022-as-covid-spreads/article66329102.ece Manufacturing PMI gauges measuring output, new orders and employment all contracted in Dec at a faster pace than the month before People wait
Why you should buy the NBCC stock – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/why-you-should-buy-the-nbcc-stock/article66316779.ece The Navratna PSU, currently trading at ₹38.80 per share, can shine as pace of delivery picks up on its large order book Many
Economic stress tests | Business Standard Editorials***
Clipped from: https://www.business-standard.com/article/opinion/external-sector-remains-a-source-of-risk-123010100677_1.html External sector remains a source of risk Some of the numbers reported in the Reserve Bank of India’s (RBI’s) Financial Stability Report (FSR)
Kochhargate: A litmus test for CBI | Business Standard Column*
Clipped from: https://www.business-standard.com/article/opinion/kochhargate-a-litmus-test-for-cbi-123010100231_1.html The country’s premier investigative agency’s record in probing complex financial misdeeds is not exactly immaculate Last week, a special court remanded former MD
Expect bold changes in the year 2023 | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/expect-bold-changes-in-the-year-2023-123010100490_1.html India is making rapid strides in the area of digital banking, meeting the expectations of a digitally agile customer base in the information
UPI processes record 7.82 bn transactions in December, ends 2022 on a high | Business Standard News***
lipped from: https://www.business-standard.com/article/finance/upi-processes-record-7-82-bn-transactions-in-december-ends-2022-on-a-high-123010100141_1.html In the calendar year 2022, UPI processed over 74 billion transactions, worth Rs 125.94 trillion, NPCI data showed India’s flagship payment platform, the Unified
Is it time for state-run banks to end industry-wide wage pacts? | Business Standard News***
Clipped from: https://www.business-standard.com/article/finance/is-it-time-for-state-run-banks-to-end-industry-wide-wage-pacts-123010100550_1.html While there is still a large talent pool in state-run banks, the reality is that it may not walk in as in the
Outbound travel picks up, India remains top source for several countries | Business Standard News*
Clipped from: https://www.business-standard.com/article/economy-policy/outbound-travel-picks-up-india-remains-top-source-for-several-countries-123010100106_1.html Travel from India increased significantly after resumption of direct flights in March, Turkiye Tourism Board said, with destination weddings contributing to arrivals While
Corporate tax collection to GDP ratio exceeds 3% after two years in FY’22 | Business Standard News*
Clipped from: https://www.business-standard.com/article/economy-policy/corporate-tax-collection-to-gdp-ratio-exceeds-3-after-two-years-in-fy-22-123010100074_1.html However, the corporate tax collection is yet to surpass its five-year high of 3.51 per cent of GDP recorded in 2018-19 Corporate tax
PM’s vision for 2023 is mobile phone exports of Rs 1 trn: R Chandrasekhar | Business Standard News***
Clipped from: https://www.business-standard.com/article/economy-policy/pm-s-vision-for-2023-is-mobile-phone-exports-of-rs-1-trn-r-chandrasekhar-123010100351_1.html PM Modi’s vision for 2023 is to have mobile phone exports with the segment featuring in the top 10 export category from India,