Clipped from: https://economictimes.indiatimes.com/industry/transportation/roadways/as-lockdown-bites-transporters-brace-for-revenue-loss-of-2-4-billion/articleshow/81980398.cms Truck rentals, which were firming up on improving trade, are also set to fall 6-8% in April, said the Indian Foundation for Transport
Author: Anil R Tikotekar
No waiting period! Now have day 1 coverage for pre-existing diseases–business today
lipped from: https://www.businesstoday.in/money/insurance/no-waiting-period-now-have-day-1-coverage-for-pre-existing-diseases/story/431790.html The option to reduce waiting period existed earlier also in some health plans, but what has changed now is the affordability factor and
Health insurance with Rs 1 crore cover sees 35% growth amid Covid-19 fear–business today
Clipped from: https://www.businesstoday.in/money/insurance/health-insurance-with-rs-1-crore-cover-sees-35-growth-amid-covid-19-fear/story/436212.html Data available from Policybazaar shows the penetration of such policies has grown from 2 per cent to 35 per cent between 2019 and
SC order on NPA reclassification: Key metrics bank depositors should track now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/key-metrics-bank-depositors-should-track-now/article34231784.ece Banks will revert to old NPA reporting format, which may impact their financials Not only did the pandemic raise the business risks of
6 start-ups join unicorn club this week; 150 likely by 2025, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/6-start-ups-join-unicorn-club-this-week-150-likely-by-2025-say-experts-121041000075_1.html The pandemic is expected to accelerate big-ticket venture capital, private equity as well as consolidation related deals in unicorns and soonicorns in the
No backdate entries, recovery cases, more return filing, others help tax officers to up GST collection – The Financial Express
Clipped from: https://www.financialexpress.com/economy/revenue-mobilisation-no-backdate-entries-recovery-cases-more-return-filing-others-help-tax-officers-to-up-gst-collection/2230684/ Every taxpayer in India spends a good deal of time and money in undertaking tax compliance and procedures, still the fear of departmental
TDS on cumulative FDs: Your money loss is more than the tax deducted – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tds-on-cumulative-fds-your-money-loss-is-more-than-the-tax-deducted/articleshow/81926103.cmsSynopsis If TDS is deducted from the interest earned on a cumulative FD in a given financial year, the FD not only loses the
Policies that increase competition between banks can improve the lending standards of PSBs–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-policies-that-increase-competition-between-banks-can-improve-the-lending-standards-of-psbs/articleshow/81955959.cms Synopsis–IF PSBs can reduce bad loans, and offer better deals to their good clients out of fear of losing them to the private
MCA moves NCLT against former management of CG Power – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/mca-moves-nclt-against-former-mgmt-of-cg-power/articleshow/82009037.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In 2019, the board of CG Power & Industrial Solutions had to restate its earnings after finding suspected fraudulent transactions by its chairman
Termination Of Power Purchase Agreements Under IBC – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1049336/termination-of-power-purchase-agreements-under-ibc?type=popular Our viewpoint It is a well understood fact that a PPA is sine quo non for not only the functioning but the very existence of
What Is Pre-Pack Insolvency Or Bankruptcy? – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1023948/what-is-pre-pack-insolvency-or-bankruptcy?type=popular The Insolvency and Bankruptcy Code, 2016, has boosted the industry in terms of either reviving the company in question or faster liquidation of
Section 14 Of The Insolvency And Bankruptcy Code, 2016 Vis-à-vis Section 138 Of The Negotiable Instruments Act, 1881: What Prevails? – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1050172/section-14-of-the-insolvency-and-bankruptcy-code-2016-vis-vis-section-138-of-the-negotiable-instruments-act-1881-what-prevails?type=popular An order of moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 shall cover proceedings under Sections 138 and 141 of
Time Is The Essence Of The Corporate Insolvency Resolution Process: Supreme Court Of India. – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1050184/time-is-the-essence-of-the-corporate-insolvency-resolution-process-supreme-court-of-india?type=popular The Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 cannot be allowed to lapse into an indefinite delay defeating the
Operational Creditors In Insolvency: A Tale Of Disenfranchisement – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/971940/operational-creditors-in-insolvency-a-tale-of-disenfranchisement?type=popular The Insolvency and Bankruptcy Code, 2016 (hereinafter “IBC”) was hailed as a major reform in the insolvency landscape in India. The IBC was
Liquidation Process Under The Insolvency And Bankruptcy Code, 2016 – An Overview – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/987994/liquidation-process-under-the-insolvency-and-bankruptcy-code-2016–an-overview?type=popular&login=true Nearly all discussions and coverages on the Insolvency and Bankruptcy Code, 2016 (“Code“), highlight the process of Resolution of Corporate persons, which is
Supreme Court’s decision in Jaypee matter clarifies various aspects under IBC–mondaq.com
Clipped from: https://www.trilegal.com/index.php/publications/update/supreme-courts-decision-in-jaypee-matter-clarifies-various-aspects-under-ib?utm_source=Mondaq&utm_medium=syndication&utm_campaign=LinkedIn-integration In a landmark decision, the Supreme Court of India clarifies various facets of the Insolvency and Bankruptcy Code, 2016 while extending the corporate
The limits of “As-Is Where-Is” in SARFAESI auctions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-limits-of-as-is-where-is-in-sarfaesi-auctions/article34124619.ece The SARFAESI Act of 2002 empowers a secured creditor—usually, a bank—to sell the pledged immovable property and recover his dues. Such sales are
Picking the right banks for privatisation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/picking-the-right-banks-for-privatisation/article34284228.ece Market cap, PE ratio and capital adequacy are some factors that can be used to zero in on sell-off candidates As part of
PhonePe, Google Pay continue to be top UPI choices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/phonepe-google-pay-continue-to-be-top-upi-choices/article34271404.ece Data released by the National Payments Corporation of India revealed that PhonePe continued to lead the UPI payments space in March PhonePe and
Why more of India needs to Stand up – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/why-more-of-india-needs-to-stand-up/article34283854.ece While just four States account for 55% of the total start-ups, the rest of India has a lot of catching up to do