Clipped from: https://www.taxscan.in/dggi-issues-summons-against-16-insurance-companies-for-alleged-fraudulent-gst-itc-claims/257473/ The Directorate General of GST Intelligence (DGGI) has launched an investigation into over 16 insurance companies for fraudulent Input Tax Credit (ITC) claims. The department
Day: February 27, 2023
👍IBC resolutions on the road to nowhere – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/corporate-file/ibc-resolutions-on-the-road-to-nowhere/article66553204.ece Investor appetite for stressed assets is waning as delays and litigation mar recovery plans The prolonged delay in the resolution process has already
👍👍👍👍👍SEBI scores high on IOSCO’s review – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/independence-of-sebi/article66555984.ece Despite these good marks, the stock market regulator has some way to go SEBI has largely worked well to protect investors’ interests but
👍👍👍👍👍L’affaire Adani and the colonial mindset in our approach to governance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/l-affaire-adani-and-the-colonial-mindset-in-our-approach-to-governance-123022700517_1.html All regulatory institutions should be made constitutional authorities, suggests T C A Srinivasa Raghavan In a very precise and accurate article in these
👍👍👍👍👍Adani-owned ports may use their pricing power | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/adani-owned-ports-may-use-their-pricing-power-123022600987_1.html The Adani group of companies is under pressure since Hindenburg Research, a small firm in the United States, levelled certain allegations In the
👍👍👍👍👍Lessons from a year of war | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/lessons-from-a-year-of-war-123022600915_1.html Nine errors from Moscow, and one thing Kyiv got right It has been a year since Russian tanks, airplanes and paratroopers crossed the
👍👍👍👍👍ARC industry will need to reinvent itself | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/arc-industry-will-need-to-reinvent-itself-123022600632_1.html The RBI unveiled new regulations in October 2022, which enhanced governance standards and permitted ARCs to act as resolution applicants under the IBC’s
👍👍👍👍👍Generative AI like ChatGPT will be a co-worker, will not replace jobs: TCS | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/generative-ai-like-chatgpt-will-be-a-co-worker-will-not-replace-jobs-tcs-123022600481_1.html?code=NTM4OTU9MTIzMDIyNjAwNDgx Tata Consultancy Services (TCS) feels generative artificial intelligence platforms like ChatGPT will create an “AI co-worker” and not replace jobs Tata Consultancy Services
👍👍👍Bank capital needs may rise 15-20% based on draft RBI market risk norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bank-capital-needs-may-rise-15-20-based-on-draft-rbi-market-risk-norms-123022600316_1.html?code=NTM4OTU9MTIzMDIyNjAwMzE2 On February 17, the RBI released draft guidelines on minimum capital requirements for market risk based on Basel III standards The Reserve Bank
👍Over 31,179 fake customer care numbers duping Indian consumers: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/over-31-179-fake-customer-care-numbers-duping-indian-consumers-report-123022401039_1.html?code=NTM4OTU9MTIzMDIyNDAxMDM5 About 44% of the fake numbers are from outside India; 80% of those from India were found to be valid and still operational
👍Google employee says layoffs were not performance-based – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-employee-says-layoffs-were-not-performance-based/article66555953.ece Google recently fired around 450 employees in India A Google India employee Animesh Swain has said in a LinkedIn post that the company’s
👍👍👍👍👍The real story behind real interest rate | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-real-story-behind-real-interest-rate-123022600521_1.html?code=NTM4OTU9MTIzMDIyNjAwNTIx While the debate will continue about the benchmark rate to calculate real interest rate, both for the lenders and the savers, shouldn’t all
👍👍👍👍👍India’s economic growth appears to be very fragile: RBI MPC member Varma | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-economic-growth-appears-to-be-very-fragile-rbi-mpc-member-varma-123022600210_1.html?code=NTM4OTU9MTIzMDIyNjAwMjEw India’s economic growth appears to be ‘very fragile’ and it may fall short of what the country needs to meet the aspirations of
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