Clipped from: https://www.business-standard.com/article/finance/only-nine-large-firms-debt-worth-rs-59-000-crore-restructured-by-banks-121071201386_1.html Kamath panel approved all the nine proposals of banks Apart from Future group companies, some of the other company’ debt recast proposal that
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
RBI may tweak rules to reduce ARCs’ cash outgo when buying stressed assets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-tweak-rules-to-reduce-arcs-cash-outgo-when-buying-stressed-assets/article35287042.ece?homepage=true The lowering of the ‘skin in the game’ requirement will encourage ARCs to step up purchase of bad loans – Getty Images/iStockphoto The
WhatsApp and the wait for Data Protection Bill – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/whatsapp-and-the-wait-for-data-protection-bill/article35266846.ece?homepage=true Any business is entitled to follow the letter of the law – it is up to the governments to bring the letter of
As part of super app plan, Tata group may acquire a payment firm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/as-part-of-super-app-plan-tata-group-may-acquire-a-payment-firm/article35284829.ece?homepage=true Company seeks access to digital financial services market The next major acquisition by the Tata Group is likely to be in the fintech
Banks to invoke sureties given by promoters of 17 defaulting cos – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-to-invoke-sureties-given-by-promoters-of-17-defaulting-cos/article35287233.ece?homepage=true In May, the SC upheld the amendment to the Insolvency and Bankruptcy Code that allowed lenders to invoke the personal guarantees of promoters
Over 24K responses filed under e-proceedings, 40K ITRs filed daily on new portal: CBDT – The Hindu
Clipped from: https://www.thehindu.com/business/over-24k-responses-filed-under-e-proceedings-40k-itrs-filed-daily-on-new-portal-cbdt/article35274817.ece It said presently, about 8-10 lakh people are logging into the new portal every day. As many as 24,781 responses have been received
Your car sale doesn’t end with just handing over the keys, RC – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/your-car-sale-doesnt-end-with-just-handing-over-the-keys-rc/article35258453.ece A vehicle and its insurance papers should reflect the same name and address. If not, you could be held liable for any accident
Don’t let go of your no-claim bonus – The Hindu
Clipped from: https://www.thehindu.com/business/dont-let-go-of-your-no-claim-bonus/article35258469.ece When you sell your car, the NCB stays with you as it is attached to you, and not the vehicle. When you transfer
GST officers bust network of 23 firms for over bogus ITC claims – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/gst-officers-bust-network-of-23-firms-involved-in-fake-itc-claims-of-rs-550-cr-301032-2021-07-11 The 23 firms were floated in order to generate goods-less invoices with the intent to pass on fraudulent ITC without paying actual GST
A tightrope walk for RBI | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/a-tightrope-walk-for-rbi-1006507.htmlThe Reserve Bank of India. Credit: AFP File Photo A great deal of literature in economics is devoted to determining the relative importance of
Sudeep Mahajan writes: Judges are arbiters, not lawmakers
Clipped from: https://indianexpress.com/article/opinion/columns/coronavirus-second-wave-delhi-high-court-oxygen-election-commission-7399907/ Sudeep Mahajan writes: Judiciary must not encroach on functions of executive and legislature The Supreme Court of India (File Photo) In the wake
New minister of cooperation must make it easier for cooperatives to do business, from registration to winding up.
Clipped from: https://indianexpress.com/article/opinion/editorials/cooperatives-registration-psus-private-enterprises-ease-of-doing-business-7399886/ New minister of cooperation must make it easier for cooperatives to do business, from registration to winding up. Not for nothing, the Narendra
Courts, protect media: IT rules attack media’s core freedom. Judges should see legal challenges to rules in that light
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/courts-protect-media-it-rules-attack-medias-core-freedom-judges-should-see-legal-challenges-to-rules-in-that-light/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Trade unions, industries paint a grim picture of employment scenario – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/trade-unions-industries-paint-a-grim-picture-of-employment-scenario/article35253747.ece?homepage=true Trade union seeks urgent measures to alleviate pain of joblessness, drastic fall in income Trade unions and industrial associations painted a grim picture
Patanjali’s argument in cowdung case fails to ‘moo’ AAR – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/patanjalis-argument-in-cowdung-case-fails-to-moo-aar/article35256317.ece?homepage=true GST of 5 per cent would apply on the company’s ‘Gomaya Samidha’ product, rules the authority Holy Cow! Talk of taxing issues. Is
Accounting Standard for share-based payments for certain corporates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/coming-soon-accounting-standard-for-share-based-payments-for-certain-corporates/article35265318.ece?homepage=true It will be part of the set of ‘Accounting Standards’ and not part of Ind AS Small corporates with annual turnover less than
Restructured loans of non-bank financials to double by March: ICRA | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/restructured-loans-of-non-bank-financials-to-double-by-march-icra-121071200011_1.html The pandemic and the curbs imposed to contain its spread have affected the cash flow of borrowers and prolonged the recovery process, according
WhatsApp’s tactical retreat | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/whatsapp-s-tactical-retreat-121071100887_1.html Govt must move fast on personal data protection law Facebook subsidiary WhatsApp has informed the Delhi High Court that it will not enforce its updated privacy
Samsung gives PLI scheme for IT hardware and telecom equipment a wide berth | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/samsung-gives-pli-scheme-for-it-hardware-and-telecom-equipment-a-wide-berth-121071200022_1.html It has bet big on Vietnam as its key global manufacturing hub for exports This decision has raised questions on whether the South
Banker’s Trust: Has crony capitalism hijacked bad loan resolution? | Business Standard Column
clipped from: https://www.business-standard.com/article/opinion/bad-loan-resolution-is-crony-capitalism-at-play-121071100737_1.html If bankers move fast and preserve the enterprise value of defaulting companies, recovery rate will improve even as the new insolvency law, much
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