Clipped from: https://www.businesstoday.in/current/economy-politics/govt-to-resume-fresh-insolvency-proceedings-under-bankruptcy-law-from-march-25/story/434783.html The government is unlikely to extend the suspension further as a return to normalcy is needed, and Finance Minister Nirmala Sitharaman is considering
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.
DHFL directors availed thousands of crores through fake loan accounts under PMAY: CBI–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/dhfl-directors-availed-thousands-of-crores-through-fake-loan-accounts-under-pmjay-cbi/story/434782.html The CBI has registered a case against crisis-hit Dewan Housing Finance Limited (DHFL) promoters Kapil and Dheeraj Wadhawan, who are already in jail
MSME funding: How FinTechs can help address credit gap for small businesses–business today
Clipped from: https://www.businesstoday.in/opinion/columns/msme-funding-how-fintechs-can-help-address-credit-gap-for-small-businesses/story/432894.html A symbiotic relationship between banks and digital NBFCs can lead the way towards a win-win situation for all The introduction of the Co-Lending
Soumya Kanti Ghosh writes: Bad bank will help in recovering value from stressed assets and allow banks to increase lending–indian express
Clipped from: https://indianexpress.com/article/opinion/columns/npa-bad-loan-covid-pandemic-indian-banks-7240423/ It will help in recovering value from stressed assets and allow banks to increase lending. RBI Governor Shaktikanta Das. (File) If we remember
Notice-pay received from outgoing employee is subject to GST, holds AAR – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/notice-pay-received-from-outgoing-employee-is-subject-to-gst-holds-aar/articleshow/80281821.cms MUMBAI: Contracts with employees provide for furnishing a notice period, which typically ranges between one to three months.Many companies permit an employee to
IBC — back to the future – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/ibc-back-to-the-future/article34153104.ece?homepage=true Insolvency activity could get more hectic than before the pandemic on account of the Covid-induced financial stress To mitigate the impact of the
How bad bank model of ARC, AMC would work to manage NPAs–business today
Clipped from: https://www.businesstoday.in/opinion/columns/how-bad-bank-model-of-arc-amc-would-work-to-manage-npas/story/433303.html The proposed two-tier ARC, AMC framework, ostensibly created with public structure and private sector in mind for the respective entities, may create more
Petrol, diesel under GST? Not possible for next 8-10 years, says Sushil Modi–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/petrol-diesel-under-gst-not-possible-for-next-8-10-years-says-sushil-modi/story/434768.html Speaking in Rajya Sabha while participating in a discussion on the Finance Bill 2021, Modi told the lower house of Parliament that the
Any creditor of firm in liquidation can seek transfer of winding up plea from HC to NCLT: SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/any-creditor-of-firm-in-liquidation-can-seek-transfer-of-winding-up-plea-from-hc-to-nclt-sc/articleshow/79307771.cmsSynopsis A bench headed by Chief Justice S A Bobde and justices A S Bopanna and V Ramasubramanian was faced with two legal questions
Supreme Court chooses right–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/supreme-court-chooses-right/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court’s refusal either to extend RBI’s
Policybazaar to team up with Paytm, Ola and IndusInd Bank for NUE bid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/policybazaar-to-team-up-with-paytm-ola-and-indusind-bank-for-nue-bid/articleshow/81657479.cmsSynopsis PolicyBazaar and others have set up an entity called Foster Payment Network which will front the NUE bid under Reserve Bank of India’s
loan moratorium : No compound or penal interest be charged from borrowers during moratorium period, directs SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/cant-allow-extension-of-loan-moratorium-period-says-sc-waiver-of-interest-not-possible/articleshow/81644517.cmsSynopsis The bench refused to further extend the moratorium period beyond Aug 31, 2020, or the deadline for resolution of stressed assets beyond Dec
Success of PLI scheme depends on how well Apple’s India plans shape up | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/success-of-pli-scheme-depends-on-how-well-apple-s-india-plans-shape-up-121032301454_1.html India is to be Apple’s second significant global hub The crucial issue is the government’s restrictions on Chinese foreign direct investment, which could
IBC activity likely to see gradual rise after resumption, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ibc-activity-likely-to-see-gradual-rise-after-resumption-say-experts-121032301580_1.html The CIRP, which was suspended in light of the Covid-related stress, covers a one-year period ending March 24, 2021 Experts are of the
NCLAT closes insolvency proceedings against Jyoti Ltd after settlement with financial creditors – The Financial Express
Clipped from: https://www.financialexpress.com/industry/nclat-closes-insolvency-proceedings-against-jyoti-ltd-after-settlement-with-financial-creditors/2218639/ The National Company Law Appellate Tribunal (NCLAT) has shut the insolvency proceedings initiated against motor and generator manufacturing company Jyoti Ltd after settlement
Telemedicine: Taking healthcare to the masses – The Financial Express
Clipped from: https://www.financialexpress.com/lifestyle/health/telemedicine-taking-healthcare-to-the-masses/2218771/ Apollo Telehealth records a 19-fold jump in teleconsultations since the eruption of Covid-19 As months have gone by, satisfied with the online experience
Property taxation: Both untapped and unrealised – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/property-taxation-both-untapped-and-unrealised/2218867/ Property tax collection as a proportion of GDP is 1.1% in the OECD, but only 0.2% in India At the same time, state
RBI to consider proposal to merge twoor more Urban Cooperative Banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-consider-proposal-to-merge-twoor-more-urban-cooperative-banks/article34143711.ece The Reserve Bank of India (RBI), on Tuesday, said it will consider proposals for merger and amalgamation of two or more Urban Cooperative
Digital lenders on fund raising spree – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/digital-lenders-on-fund-raising-spree/article34139555.ece Analysts believe sector set to grow further Concerns about the sector notwithstanding, the digital lending segment is seeing a boom with increased demand
Will the new DFI boost infra funding? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-the-new-dfi-boost-infra-funding/article34142830.ece Its success will hinge on, among others, the cost of raising funds, returns for investors and efficient project appraisal The creation of a
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