Clipped from: https://www.business-standard.com/article/companies/nclat-dismisses-devas-multimedia-s-plea-against-its-winding-up-121090801504_1.html NCLAT on Wednesday dismissed a petition filed by Devas Multimedia challenging an order of the NCLT to wind up the company The National
Author: Anil R Tikotekar
Produce more coal or no supply from CIL: Govt warns captive mine owners | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/produce-more-coal-or-no-supply-from-cil-govt-warns-captive-mine-owners-121090801093_1.html Mine owned by private companies falling short on their production, observes ministry; warning comes in wake of country’s thermal power units facing coal
3/4th of liquidated companies were in BIFR or defunct: IBBI data | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/3-4th-of-liquidated-companies-were-in-bifr-or-defunct-ibbi-data-121090801530_1.html Of the 396 corporate debtors rescued through resolution plans, 127 were in either BIFR or defunct, according to IBBI Illustration In the three
Decoded: How VPN secures our virtual lives & why a ban is unlikely | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/decoded-how-vpn-secures-our-virtual-lives-why-a-ban-is-unlikely-121090801473_1.html Would banning VPN impact WFH? Yes, since it has enabled remote working for many sensitive industries The use of VPNs did not remain
Politics vs governance | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/politics-vs-governance-121090801471_1.html RBI’s supervision of co-op banks gets a body blow The Madhya Pradesh High Court’s decision to stay the Reserve Bank of India’s (RBI’s)
I-T portal glitch: FM’s reprimand of Infy reflects contractual weaknesses | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/the-income-tax-portal-infosys-fiasco-whose-glitch-is-it-anyway-121090801400_1.html As former finance secretary Sumit Bose pointed out, govt often does not set clear milestones. The penalties, too, are often most difficult to
Concerns loom as regulator bites the bullet on T+1 settlement cycle | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/concerns-loom-as-regulator-bites-the-bullet-on-t-1-settlement-cycle-121090900037_1.html Smooth implementation will require coordinated efforts from rival market infrastructure institutions Two different settlement cycles on different exchanges for the same scrip can
Central banks must stop pussyfooting on climate | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/central-banks-must-stop-pussyfooting-on-climate-121090801482_1.html Ignoring climate risks will complicate macroeconomic management, just as overlooking financial risks eventually led to the global financial crisis After a drop in
After Google Pay, Amazon debuts as platform for taking deposits | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/after-google-pay-amazon-debuts-as-platform-for-taking-deposits-121090900040_1.html RBI has been wary of allowing tech giants in the banking space Tapping into any kind of distribution channel is not illegal and
RBI tweaks norms to ensure the security of card data – Here is what experts say – The Financial Express
Clipped from: https://www.financialexpress.com/money/rbi-tweaks-norms-to-ensure-the-security-of-card-data-here-is-what-experts-say/2326455/ Experts say it is crucial, that the ecosystem of multiple payments instruments in the country, along with bigger adoption of digital payment methods
On telecom, think big and act bold – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/on-telecom-think-big-and-act-bold/articleshow/86047358.cmsSynopsis Telcos should pay taxes on their profits as normal companies do, apart from bearing a small levy to pay for regulation. The government’s
NBFCs should also lend to lower rated corporates: Principal economic advisor Sanjeev Sanyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/nbfcs-should-also-lend-lower-rated-corporates-principal-economic-advisor-sanjeev-sanyal/articleshow/86040782.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Sanjeev Sanyal highlighted a need facilitate more funds flow to the lower corporates as most lending is to the top-rated borrowers. A recent
Tata Digital | TCS: Tata Digital could be the TCS of the future, says Rajesh Gopinathan
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/et-exclusive-tata-digital-could-be-the-tcs-of-the-future-says-rajesh-gopinathan/articleshow/85964871.cmsSynopsis Tata Consultancy Services is focusing on growth and transformation to expand revenue from existing clients by offering them more services, says chief executive
textile exporters in Surat: Textile exporters in Surat in a bind over Afghan crisis; Rs 4,000 crore stuck in pending dues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/textile-exporters-in-surat-in-a-bind-over-afghan-crisis-nearly-rs-4000-crore-stuck-in-pending-dues/articleshow/85965039.cmsSynopsis Afghanistan used to buy silk for turbans, textiles and readymade garments such as scarves, dresses and kaftans from India. The Federation of Indian
Homebuyers’ body urges Housing Ministry to act against realty projects’ timelines extension – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/homebuyers-body-fpce-urges-housing-ministry-to-act-against-realty-projects-rera-timelines-extension/articleshow/85949359.cmsSynopsis It has urged the ministry to direct these states to withdraw their notifications granting such extensions provided to developers arbitrarily without any relief
Govt’s criticism of Infosys, Tata worries businesses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/govts-criticism-of-infosys-tata-worries-businesses/articleshow/86033616.cmsSynopsis Just last month, the finance ministry “summoned” Infosys’ CEO over the tech issues and in an unusual step took to Twitter to announce
PLI scheme: Cabinet approves Rs 10,683 cr PLI scheme for textile sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cabinet-approves-rs-10683-cr-pli-scheme-for-textile-sector/articleshow/86033142.cmsSynopsis The scheme, part of 13 identified sectors, some of which have already been approved by the Union Cabinet, is expected to boost manufacturing
Income tax portal’s tech issues being progressively addressed; 1.19 crore ITRs filed: CBDT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/income-tax-portals-tech-issues-being-progressively-addressed-1-19-crore-itrs-filed-cbdt/articleshow/86040786.cmsSynopsis Two facilities ( Aadhaar- PAN linking and e-PANs) are being availed of by over 0.50 lakh taxpayers on a daily basis in September
PLI scheme: Voltas, Blue Star among AC biggies planning to invest ₹3,000 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fmcg/pli-scheme-ac-majors-set-to-invest-3000-cr/articleshow/86023660.cmsSynopsis Voltas, Blue Star, Dixon, China’s GMCC, Amber Enterprises, Panasonic, Lloyd and Hindalco are set to apply for the government’s production-linked incentive (PLI) scheme
ITR penalty: Penalty for missing ITR filing deadline has been cut to half – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/tax/penalty-for-missing-itr-filing-deadline-has-been-cut-to-half/articleshow/85973433.cms For the financial year 2020-21, the deadline to file income tax return (ITR) is September 30, 2021 (it was extended from the usual deadline of