Clipped from: https://www.thehindubusinessline.com/companies/can-a-govt-bailout-package-keep-voda-idea-afloat/article35751574.ece?homepage=true If Voda can’t sustain itself as a going concern, the only option is for it to go under the IBC With both promoters,
Author: Anil R Tikotekar
Irrational exuberance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/unbridled-speculation-in-primary-equity-issuances-can-erode-capital-market-credibility/article35750577.ece?homepage=true Unbridled speculation in primary equity issuances can erode capital market credibility The exuberant sentiment in the secondary market has now extended to the
Experts welcome govt’s move to bury retro tax, but with riders | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/experts-welcome-govt-s-move-to-scrap-retrospective-tax-121080501275_1.html They, however, say are not sure if the lack of interest and costs payable by govt will satisfy all litigants Photo: PIB India
Why govt’s Rs 20,000 cr Subordinate Debt scheme for MSMEs failed to find many takers? IBA chief explains – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-why-govts-rs-20000-cr-subordinate-debt-scheme-for-msmes-failed-to-find-many-takers-iba-chief-explains/2305145/ Credit and Finance for MSMEs: Under CGSSD, the promoter was required to bring in 10 per cent of the subordinate debt amount as
PLI scheme for Atmanirbhar Bharat: An elusive Philosopher’s Stone! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-scheme-for-atmanirbhar-bharat-an-elusive-philosophers-stone/article35716071.ece For a self-reliant India, one needs generic policies that will enhance overall competitiveness. One needs to adopt modern chemistry The process of converting
E-Way bill not required for transportation of used personal vehicle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/e-way-bill-not-required-for-transportation-of-used-personal-vehicle/article35719496.ece Limits for intra-State movement will vary from State to State Kerala High Court has upheld that E-way bill is not required for transportation
Amended LLP Bill will help start-ups, CAs: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/amended-llp-bill-will-help-start-ups-cas-fm/article35727361.ece Bill to improve ease of doing business The Rajya Sabha on Wednesday passed the Limited Liability Partnership (Amendment) Bill with a brief debate
Curbing bank frauds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/curbing-bank-frauds/article35730492.ece Bank staff must not overlook systems and guidelines Ratnakar Bank and Bank of Maharashtra had sanctioned home loans of ₹2.50 crore and ₹1.30
Tax Query: Treatment of ‘bullock rent’ income – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-treatment-of-bullock-rent-income/article35514560.ece I got retired from a PSU in May 2020. My earnings for FY2020-21 comprise regular salary for April 2020 and May 2020, retirement
Demystifying restore benefit in health insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/demystifying-restore-benefit-in-health-insurance/article35653437.ece Many insurers offer to restore your original sum insured, but the process varies Since the outbreak of Corona virus many people have filed
IBC: Urgently need a professional ‘Code of Conduct’ for committee of creditors, says Parliamentary Panel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/ibc-urgently-need-a-professional-code-of-conduct-for-committee-of-creditors-says-parliamentary-panel/article35720695.ece Panel also highlights that the CoCs currently have ‘significant discretion’ in accepting late and unsolicited resolution plans The Standing Committee on Finance headed
New vs old tax regime: Compute liability before making the switch | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/new-vs-old-tax-regime-compute-liability-before-making-the-switch-121080301966_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Non-investors in tax-saving instruments may opt for the new regime Taxpayers having income from business or profession also have to opt-in for the
Banks use ARCs for ever-greening: Parliamentary Committee on Finance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-use-arcs-for-ever-greening-parliamentary-committee-on-finance-121080401179_1.html Calls for encouraging banks to bring down their leverage, says present “grim situation” should not be used as an alibi for bank privatisation
Respect regulations | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/respect-regulations-121080401927_1.html Govt’s U-turn on minimum public float of PSUs is surprising The benchmark stock market indices hit all-time highs this week and the sustained buoyancy is
DICGC to authenticate deposit claims of failed bank in 30 days | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dicgc-to-authenticate-deposit-claims-of-failed-bank-in-30-days-121080401713_1.html Once a stressed bank is put on moratorium, DICGC will be liable to pay depositors an insured amount of Rs 5 lakh The
Beyond rates: Five things to watch out for in RBI’s monetary policy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/beyond-rates-five-things-to-watch-out-for-in-rbi-s-monetary-policy-121080500120_1.html The monetary policy committee’s commentary on inflation, growth and bonds is of much interest to the market. RBI Governor Shaktikanta Das’s policy statement
Making the IBC more effective – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/making-the-ibc-more-effective/2304475/ The latest amendment, which makes the insolvency professional more accountable on avoidance transactions, was much-needed, but addresses the issue only partially It is
Competition Commission of India clears PNB Housing Finance deal with Carlyle – The Financial Express
Clipped from: https://www.financialexpress.com/industry/competition-commission-of-india-clears-pnb-housing-finance-deal-with-carlyle/2304305/ PNBHF, however, has said it would await SAT judgment on the matter. The appellate tribunal has already heard both the sides but is
IBC is good, tweaks can make it better – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/ibc-is-good-tweaks-can-make-it-better/2304487/ The conflict between the sanctity of the insolvency resolution process and maximising value must be sorted out The Mumbai NCLT bench, for instance,
Piramal resolution for DHFL: 63 Moons moves Supreme Court against NCLT order – The Financial Express
Clipped from: https://www.financialexpress.com/industry/piramal-resolution-for-dhfl-63-moons-moves-supreme-court-against-nclt-order/2304490/ 63 Moons, which holds non-convertible debentures (NCDs) worth over Rs 200 crore issued by DHFL, has challenged the NCLAT’s judgment on the grounds