Nationalisation has served its purpose. It’s time to move ahead, keeping majority ownership of the government in a few banks to serve people After taking
Author: Anil R Tikotekar
LIC kicks off work on IPO allotment to policyholders | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/coming-soon-lic-kicks-off-work-on-ipo-allotment-to-policyholders-121071800919_1.html The government is moving fast with the IPO, which is said to be India’s largest. LIC has about 290 million policyholders The Life
Barbeque Nation, LIC Housing Finance face heat on independent valuation | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/barbeque-nation-lic-housing-finance-face-heat-on-independent-valuation-121071900017_1.html While the companies are saying they are following Sebi guidelines, the regulator is asking them to follow their own guidelines. Illustration: Ajay Mohanty
Central banking conundrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/central-banking-conundrum-121071800807_1.html RBI should not continue to ignore inflation risks US Federal Reserve Chairman Jerome Powell has told lawmakers that inflation has been higher and a bit more
IBA to soon move application to RBI for setting up Rs 6,000-cr bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/iba-to-soon-move-application-to-rbi-for-setting-up-rs-6000-cr-bad-bank/articleshow/84519198.cmsSynopsis With registration of the company, the process for putting an initial capital of Rs 100 crore is on as per the guidelines, the
zomato IPO: Swaminomics: Why Zomato IPO is reason for cheer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/swaminomics-why-zomato-ipo-is-reason-for-cheer/articleshow/84516277.cmsSynopsis Indians celebrating 30 years of economic reform must cheer this remarkable outcome. It denotes a new class of businesses with no great inherited
Record prices inject life into steel industry; India set to boost capacity – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/commodities/news/record-prices-inject-life-into-long-suffering-steel-industry-india-set-to-boost-capacity/articleshow/84518290.cmsSynopsis Other nations could fill the gap created by China’s restrictive measures. India is set to boost capacity, with top producer JSW Group saying
Live streaming will demystify justice delivery system, Supreme Court keen on it, says CJI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/live-streaming-will-demystify-justice-delivery-system-supreme-court-keen-on-it-says-cji/articleshow/84506765.cmsSynopsis He was speaking after inaugurating the live streaming facility – which makes it possible to watch court proceedings online – at the Gujarat
10 things you must do before buying an IPO, but nobody tells you about them – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/10-things-you-must-do-before-buying-an-ipo-but-nobody-tells-you-about-them/articleshow/84495747.cmsSynopsis With a large number of IPOs lined up for the coming months, Calendar 2021 is believed to be a record year for investing
When is the right time to draft a property will? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/when-is-the-right-time-to-draft-a-property-will/articleshow/84495715.cmsSynopsis A property Will is a legal document and legal instrument. The property owner executes this document so that he can plan his succession.
Stock selling tips: Planning on selling stocks, equity mutual funds? Ask yourself these 8 questions before exiting – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/planning-on-selling-stocks-equity-mutual-funds-ask-yourself-these-8-questions-before-exiting/articleshow/84290781.cms SynopsisIf you find that any of the eight conditions is being met, you can safely exit. Our intention is not to change your
tata group: All method, no madness: how Chandra’s deal team is snapping up startups for Tata Group – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/all-method-no-madness-how-chandras-deal-team-is-snapping-up-startups-for-tata-group/primearticleshow/84357874.cms SynopsisTata Group, led by N Chandrasekaran, shows no sign of a late entrant’s desperation as it opts for the inorganic route to build
SME: Buyer interest in SME space has gone up post-Covid: Vishal Devanath, founder, SMERGERS – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/buyer-interest-in-indian-sme-space-has-gone-up-post-covid-vishal-devanath-founder-smergers/articleshow/84469189.cmsSynopsis The buyer to seller ratio has gone up beyond 3x post Covid. It was less than 2x before the pandemic. This indicates it
MSME: Easing market entry, only a first step towards MSME entrepreneurship simulation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/easing-market-entry-only-a-first-step-towards-msme-entrepreneurship-simulation/articleshow/84494109.cmsSynopsis While the ease in the registration process is welcomed by both MSME’s and first-generation entrepreneurs, they are also expecting more relaxation in the
MF industry has potential to grow exponentially, says Deepak Parekh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/mf-industry-has-potential-to-grow-exponentially-says-deepak-parekh/articleshow/84483328.cmsSynopsis He further said that global agencies admire India’s mutual fund regulatory framework and consider the industry among the top in terms of global
Ball in RBI’s court: HDFC Bank on ban on issue of new credit cards | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/complied-with-85-of-rbi-s-asks-on-technology-says-hdfc-bank-s-md-121071700838_1.html HDFC Bank was asked to pay a fine of Rs 10 crore earlier this year by the RBI HDFC Bank HDFC Bank has complied
RBI must sacrifice inflation aim to aid growth: Ex-Guv Rangarajan | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-must-sacrifice-inflation-aim-to-aid-growth-ex-guv-rangarajan-121071600096_1.html India will miss its fiscal deficit target of 6.8% of GDP by at least 1 percentage point, he said C Rangarajan, former RBI
GST bonanza for old gold jewellery buyers; now pay tax only on difference between purchasing, selling price – The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-bonanza-for-old-gold-jewellery-buyers-now-pay-tax-only-on-difference-between-purchasing-selling-price/2292257/ When any product is purchased, it is loaded with GST. When a business entity resells the same product after refurbishing, tax is again
Phishing scammers increasingly targeting users through messenger apps: Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/phishing-scammers-increasingly-targeting-users-through-messenger-apps-report/article35377937.ece WhatsApp Telegram and Viber are the most prominent targets Phishing scammers are increasingly leveraging messenger apps to target users according to anonymised data,
Tax Query: Will unlinked NRI PAN cards become inoperative? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-will-unlinked-nri-pan-cards-become-inoperative/article35385654.ece The Central Board of Direct Taxes has announced that all unlinked PAN cards by June 30, 2021 will be declared as “inoperative”. Does