Clipped from: https://www.thehindubusinessline.com/opinion/banking-sector-wobbly-even-after-reforms/article34163090.ece Some of the key suggestions made by the Narasimham Committee three decades back are yet to be implemented Finance Minister Nirmala Sitharaman has
Author: Anil R Tikotekar
Is Ease of Doing Business ranking over-rated? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/is-ease-of-doing-business-ranking-over-rated/article34162842.ece A top rank without infrastructure, connectivity, skilled manpower and lower cost of production is of no use to the investor In recent years,
Fair deal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fair-deal/article34162880.ece The Centre would do well to raise the tax-free PF contribution limit to ₹5 lakh for all employees One of the trickier public
Selling eatables eligible for ITC under GST regime – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/selling-eatables-eligible-for-itc-under-gst-regime/article34163181.ece However, credit can’t be availed if eatables are sold and served, rules AAR Selling sweets and eatables is one thing and providing facility
SEBI eases listing norms to help start-ups attract big investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sebi-eases-norms-to-encourage-listing-of-start-ups/article34161073.ece?homepage=true Revamps open-offer provisions, tweaks rules to make de-listing more transparent SEBI on Thursday announced a slew of measures including making it easier for
ही कोंडी आता फोडा — महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/editorial-on-redevelopment-of-buildings-in-mumbai-city-and-bombay-high-court/articleshow/81698349.cms मुंबई उच्च न्यायालयाने गेल्या काही दिवसांत दोन महत्त्वाचे निकाल दिले आहेत. एका निकालाने इमारतीचा पुनर्विकास अडकवून ठेवणाऱ्या एका रहिवाशाची जागा पोलिसांच्या मदतीने ताब्यात
Welcome back, IBC | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/welcome-back-ibc-121032501441_1.html Govt should now focus on strengthening the NCLT The government has done well not to extend the Insolvency and Bankruptcy Code (IBC) suspension, which ended
Now Snapdeal’s SME sellers can get faster payments under new fast-track option for goods sold – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-now-snapdeals-sme-sellers-can-get-faster-payments-under-new-fast-track-option-for-goods-sold/2220507/ Credit and Finance for MSMEs: The payment receipt time will be slashed by 76 per cent and will enable sellers to redeploy the
Taxation process and its soft targets – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/taxation-process-and-its-soft-targets/2220504/ For India to move from tax terrorism to tax transparency, the government needs to look at taxation and punitive actions from a business
Lending based on GST data improves MSMEs’ access to credit: Vayana Network – The Financial Express
lipped from: https://www.financialexpress.com/economy/lending-based-on-gst-data-improves-msmes-access-to-credit-vayana-network/2220474/ Vayana has till date enabled $6 billion in trade finance for 300 supply chains in 25 different industries and processed 1.7 million transactions.
“Be humble and honest above all else,” HDFC Bank boss pens a letter to employees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/keep-customers-at-the-forefront-says-hdfc-bank-chief-sashidhar-jagdishan-to-staff/articleshow/81681036.cms Synopsis–During a significant digital outage in November last year, Jagdishan had quickly stepped in to assuage customer fears and apologised for not living
Tata Digital’s acquisitions and investment limit set at Rs 12,000 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/tata-digitals-acquisitions-and-investment-limit-set-at-rs-12000-crore/articleshow/81681172.cms Synopsis–Tata Digital is waiting for the Competition Commission of India’s approval for its deal to acquire a 64.3% stake in e-grocer BigBasket. The
Reliance Retail tells govt e-commerce players bypassing foreign investment norms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/reliance-retail-tells-govt-e-commerce-players-bypassing-foreign-investment-norms/articleshow/81692788.cmsSynopsis At the meeting, Reliance Retail’s representatives said the Indian e-commerce policy does not allow foreign capital in the inventory-based model and foreign investment
Companies need to disclose cryptocurrency holdings, benami properties and audit trail from April 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/companies-need-to-disclose-cryptocurrency-holdings-benami-properties-and-audit-trail-from-april-1/articleshow/81689358.cmsSynopsis In a plethora of changes to the disclosure rules under the Companies Act on Wednesday, the ministry of corporate affairs (MCA) significantly enhanced
Byju’s in talks with B Capital, others to raise $500-600 million, valuation may top $14B – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/byjus-in-talks-with-b-capital-others-to-raise-500-600-million-valuation-may-top-14b/articleshow/81689883.cmsSynopsis The primary capital infusion is largely to fund Byju’s acquisition of Aakash Educational Services which is being pegged at $700-800 million in size.
Vikas Malu hires top lawyers to stop Indian government from taxing his global income – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/vikas-malu-hires-top-lawyers-to-stop-indian-government-from-taxing-his-global-income/articleshow/81693413.cmsSynopsis Represented by Harish Salve, Abhishek Singhvi, and Nalin Talwar, the UAE-based businessman belonging to the Kuber group, moved the Supreme Court on Wednesday,
CBI raids 100 locations in bank frauds over Rs 3,700 crore–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cbi-raids-100-locations-in-bank-frauds-over-rs-3700-crore/story/434907.html CBI said that various incriminating documents and other material and digital evidences were recovered during the searches The Central Bureau of Investigation (CBI)
LIC policyholders can deposit maturity claim documents anywhere in India–business today
Clipped from: https://www.businesstoday.in/money/insurance/lic-policyholders-can-deposit-maturity-claim-documents-anywhere-in-india/story/434321.html LIC policyholders can deposit maturity claims documents at any of its 113 divisional officials, 2,048 branches, 1,526 satellite offices, and 74 customer zones,
Dmart stock gains as Maharashtra lockdowns build pressure on firm: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/dmart-stock-gains-as-maharashtra-lockdowns-build-pressure-on-firm-analysts-121032201120_1.html As much as 72 per cent of the company’s stores reached their full strength almost in December, signaling a recovery The near-term trigger
ArcelorMittal makes the cut, emerges as sole bidder for Uttam Galva Steels | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/arcelormittal-makes-the-cut-emerges-as-sole-bidder-for-uttam-galva-steels-121032201133_1.html Six other firms, including four steelmakers, had submitted an expression of interest (EOI) for the debt-laden firm ArcelorMittal had entered into a co-promotion