Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/kalyan-jewellers-raises-352-crore-from-anchor-investors/article34080063.ece ₹1,175-crore IPO opens today Kalyan Jewellers India Ltd has raised ₹351.89 crore from 15 anchor investors, ahead of its proposed initial public offering (IPO),
Author: Anil R Tikotekar
PAC for lowering interest rates of loans to MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pac-for-lowering-interest-rates-of-loans-to-msmes/article34077136.ece The Public Accounts Committee (PAC) has asked the Department of Financial Services and commercial banks to charge “uniform and lowest possible” rates of
Union Cabinet clears setting up of Development Finance Institution: Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/union-cabinet-clears-setting-up-of-a-development-finance-institution-fm/articleshow/81530183.cmsSynopsis Union Cabinet has cleared the setting up of a Development Finance Institution (DFI), in acknowledgement of the realization that both development and financial
‘Not all banks will be privatised,’ says Nirmala Sitharaman–business today
Sitharaman said the decision to privatise banks is a well-thought-out one. She said that the government wants the bank to get more equity and to
Social distancing at 3 feet is equally effective as 6 feet if masks are worn: Study–business today
Clipped from: https://www.businesstoday.in/latest/trends/social-distancing-at-3-feet-is-equally-effective-as-6-feet-if-masks-are-worn-study/story/434014.html A recent study has suggested that while wearing a mask, a distance of 3 feet from others is as effective against the coronavirus
S Gopalakrishnan: Benefits of data rules must reach citizens, not just companies: S Gopalakrishnan
Clipped from: https://economictimes.indiatimes.com/tech/internet/benefits-of-data-rules-must-reach-citizens-not-just-companies-s-gopalakrishnan/articleshow/71142724.cmsSynopsis Infosys cofounder Kris Gopalakrishnan said worries over data sharing and privacy will subside once the boundaries around data are clearly drawn by the
Indian TV makers await PLI scheme, say important for global competition–business today
The government of India has already been taking steps to encourage television manufacturing in India. In July last year, the cabinet imposed restrictions by changing
Steelmakers to pare debt worth Rs 35,000 crore by FY22, says CRISIL
A surge in global commodity prices in the last 8 months has seen profitability of domestic steel industry hit record highs leading to reduction in
Despite higher education, women participation in labour market remains low: CMIE–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/despite-higher-education-women-participation-in-labour-market-remains-low-cmie/story/434085.html Either Indian women are not willing to go out to work or they are not allowed to go out to work or people
न्यायव्यवस्थेची ‘समांतर’ गोची —महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/article/retired-judge-rajan-kochar-article-on-judiciary-and-method-of-judgment/articleshow/81522134.cms न्यायालयांच्या तांत्रिक व अतिजाचक जाळ्यातून मुक्त ठेवून, न्यायदान त्वरित व्हावे, या हेतूने राबविण्यासाठी समांतर न्यायदानाची पद्धत योग्य मार्गाने स्थापन केली खरी; पण ही
SC right to protect IBC | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/sc-right-to-protect-ibc-121031601299_1.html Back door for promoters to retain control closed The Supreme Court, in deciding a case dealing with the promoters of Gujarat NRE Coke,
PhonePe cements position as leading UPI app, WhatsApp falls behind | Business Standard News
lipped from: https://www.business-standard.com/article/companies/phonepe-cements-position-as-leading-payments-app-whatsapp-falls-behind-121031600523_1.html UPI, India’s flagship payments platform, recorded 2.29 billion transactions worth Rs 4.25 trillion in February. PhonePe processed the most transactions in the last three
CEAT Tyres aims to make deeper inroads into smaller towns and cities | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ceat-tyres-to-make-deeper-inroads-into-smaller-towns-and-cities-121031600779_1.html To double Ceat Shoppes to 600 in 2 years as demand for personal vehicles gains traction CEAT Tyres CEAT Tyres is looking to double
Ola to set up cell manufacturing plant for powering Lithium-ion battery | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ola-electric-plans-to-set-up-li-ion-battery-plant-invest-rs-2-400-crore-121031700076_1.html Ola will initially source the cells for the Li-ion battery used in its soon-to-be-launched e-scooters from South Korea The batteries are going to
DFI employees may get shield against ‘ill-informed’ probe, prosecution | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dfi-employees-may-get-shield-against-ill-informed-probe-prosecution-121031700072_1.html The government expects the DFI to finance a large percentage of the Rs 115-trillion spending needed for the National Infrastructure Pipeline A government
Draft e-commerce policy could add to compliance burden of stakeholders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/draft-e-commerce-policy-could-add-to-compliance-burden-of-stakeholders/article34085913.ece Under pressure from national trade lobbies, the Government’s latest amendments to the draft national e-Commerce Policy is expected to add to the compliance
Steel firms may find it tough to export next fiscal as domestic demand increases – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-firms-may-find-it-tough-to-export-next-fiscal-as-domestic-demand-increases/article34081337.ece With the economy returning to normal slowly, steel consumption topped 10 million tonnes in Dec and Jan Indian steel companies will face problems
How to make good assets with a ‘Bad Bank’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-good-assets-with-a-bad-bank/article34084967.ece For faster recovery of bad loans, ARCs need to be made more competitive by boosting their capital base through consolidation While the economy
IBBI tightens reporting framework to monitor delays – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/ibbi-tightens-reporting-framework-to-monitor-delays/article34084867.ece IBBI has been taking steps to ensure that CIRPs get completed within deadlines IBBI has been taking steps to ensure that CIRPs get
Govt notifies vehicle recall policy, to be effective April 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/govt-notifies-vehicle-recall-policy-to-be-effective-april-1/article34084954.ece Can impose fine ranging from ₹10 lakh to ₹100 lakh The Road Transport and Highways Ministry has notified on March 12 the vehicle