Clipped from: https://www.financialexpress.com/industry/independent-directors-indian-companies-slow-in-changing-board-composition-notes-iias/2251635/ The report has said that 14% (70 companies) were non-compliant with board composition norms. Out of these 70 companies, 55 companies were PSUs.
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.
The rise of cash a transient symptom – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/the-rise-of-cash-a-transient-symptom/articleshow/82612200.cmsSynopsis The huge increase in India’s cash in circulation during the pandemic is no cause for alarm. Central bank data shows that currency in
Bankruptcy: NCLT delays compounded by lack of new appointments – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bankruptcy-indias-struggling-lenders-need-to-brace-for-more-pain-ahead/articleshow/82605785.cms Synopsis–The government’s prepackaged resolutions for MSMEs is also likely to put further strain on the system. Bankers, lawyers, Insolvency and Bankruptcy Board of
Auto retailers’ lobby writes to FM, RBI governor to request loan moratorium – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/auto-retailers-lobby-writes-to-fm-rbi-governor-to-request-loan-moratorium/articleshow/82604831.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Retailers, or dealers, make an upfront payment to automakers while purchasing vehicles and this is usually funded through loans with a payment cycle
Hiring for Debt Recovery Tribunals put on fast track – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/hiring-for-drts-put-on-fast-track/articleshow/82612485.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A government official confirmed this and said it was looking to appoint around 27 administrators, both as registrars and deputy registrars, in Delhi,
zomato IPO: As countdown begins for Zomato IPO, a Rs 14,000 crore question looms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/as-countdown-begins-for-zomato-ipo-a-rs-14000-crore-question-looms/articleshow/82605292.cmsSynopsis In its draft red herring prospectus, Zomato proposes to utilise 75 per cent of the Rs 7,500 crore IPO proceeds for tapping organic
Own Bitcoin? You may be required to disclose it in I-T returns – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/make-individuals-disclose-bitcoin-assets-in-i-t-returns-crypto-players-tell-government/articleshow/82606463.cmsSynopsis Crypto players have requested the government to make specific provisions in the Income Tax Act that would lead to individual crypto holders of
Import dependence | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/import-dependence-121051201480_1.html India must attain self-sufficiency in edible oils Buoyed by the good performance of agriculture in the past few years and the India Meteorological
Rationalising regulation | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rationalising-regulation-121051201470_1.html Sebi’s proposals are in line with changing investor landscape The Securities and Exchange Board of India (Sebi) has released a discussion paper indicating
Covid-19 pandemic bares untapped home healthcare services in India | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-19-pandemic-bares-untapped-home-healthcare-services-in-india-121051201433_1.html The shortage is magnified in clinicians, nurses and doctors focused on general and internal medicine, said Vishal Bali Founder, Nightingale One of the
IDBI Bank to cap corporate exposure to Rs 500 crore: Here’re the details | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/idbi-bank-to-cap-corporate-exposure-to-rs-500-crore-here-re-the-details-121051300057_1.html The bank is also looking to grow its Rs 45,000 crore corporate book by about 10 per cent. Its capital adequacy stood at
Pandemic-impacted renewable energy projects can apply for extension again | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/pandemic-impacted-renewable-energy-projects-can-apply-for-extension-again-121051201191_1.html Frequent delays to hurt the 175 GW RE capacity target of next year This is the second time since last year that RE
‘INNergise’ to Mood Diet: Five-star hotels go all out to beat Covid blues | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/5-star-hotels-curate-special-menus-for-home-delivery-to-beat-pandemic-blues-121051201279_1.html Focus of home delivery menus is on foods that provide nutrition and improve mood without pinching customers’ pockets The move, they hope, would
Mumbai helps Vodafone Idea add 1.56 million subscribers after 20 months | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/mumbai-helps-vodafone-idea-add-1-56-million-subscribers-after-20-months-121051201571_1.html The company’s subscriber base in Mumbai went up from 8.9 million in January this year to 10.47 million in February Though Vodafone Idea Limited (VIL)
Opportunity for India Inc to take forward cover widens as rupee strengthens | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/opportunity-for-india-inc-to-take-forward-cover-widens-as-rupee-strengthens-121051200828_1.html Many mid-sized firms don’t take proper forward cover, exposing themselves to risk; others are going for it as they feel the rupee will
Import dependence | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/import-dependence-121051201480_1.html India must attain self-sufficiency in edible oils Buoyed by the good performance of agriculture in the past few years and the India Meteorological
Rationalising regulation | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rationalising-regulation-121051201470_1.html Sebi’s proposals are in line with changing investor landscape The Securities and Exchange Board of India (Sebi) has released a discussion paper indicating
G-SAP: Second tranche of bond buying worth Rs 35k cr on May 20, says RBI – The Financial Express
lipped from: https://www.financialexpress.com/economy/g-sap-second-tranche-of-bond-buying-worth-rs-35k-cr-on-may-20-says-rbi/2250843/ The first such auction of Rs 25,000 crore was held on April 15. After the Monetary Policy Committee meeting last month, RBI Governor
India Inc on debt trimming spree; Most Nifty 50 firms reduce promoters’ pledged shareholdings – The Financial Express
Clipped from: https://www.financialexpress.com/market/promoters-pledged-shareholding-falls-to-1-64-in-q4-value-of-pledged-shares-at-rs-1-6-lakh-cr/2250518/ With the decrease in promoter pledges, the value of promoter pledged holdings stood at Rs 1.6 lakh crore, about 0.81% of the total
SBI invites bids for selling NPAs worth Rs 217 crore – The Financial Express
Banks had put up NPAs worth Rs 5,140 crore for the sale to ARCs during the March quarter. Out of that, SBI had put bad
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