Clipped from: https://www.thehindubusinessline.com/companies/msme/msmes-revenues-to-fall-by-a-fifth-crisil/article31835546.ece?homepage=true File photo – BUSINESS LINE File photo – BUSINESS LINE× Working capital woes for these firms likely to worsen, says rating agency Micro,
Author: Anil R Tikotekar
MSMEs bet big on PM Modi’s Champions portal as number of complaints resolved jumps 3X – The Financial Express
Clipped from: https://www.financialexpress.com/ SBI recently took Anil Ambani to the Mumbai bench of the National Company Law Tribunal (NCLT) for personal guarantee given on loans worth
No bar on invoking insolvency against personal guarantors: IBBI chairman – The Financial Express
Clipped from: https://www.financialexpress.com SBI recently took Anil Ambani to the Mumbai bench of the National Company Law Tribunal (NCLT) for personal guarantee given on loans worth
Microfinance firms poised for consolidation after Covid-19-induced lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ There are 96 MFIs with less than Rs 200 crore in loans outstanding that together have a total loan portfolio of about Rs
MSMEs face existential crisis, revenue to fall a fifth: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ For MSMEs, the fall in revenue will be steeper at 17-21%, while Ebitda margin will shrink 200-300 bps to 4-5%. MUMBAI: The 5%
Small, medium size realtors’ FY21 revenue growth may halve, report – The Economic Times
Clipped from: https://economictimes.indiatimes.com The 5% contraction in the Indian economy as expected by CRISIL this fiscal – wrought by the Covid-19 pandemic – will significantly hurt
GST compensation an imperative–economic times
Clipped from: https://economictimes.indiatimes.com The Centre must deliver on its promise to compensate the states for five years from 2017-18 for any shortfall in goods and services
MSMEs face existential crisis, revenue to fall a fifth: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com For MSMEs, the fall in revenue will be steeper at 17-21%, while Ebitda margin will shrink 200-300 bps to 4-5%. MUMBAI: The 5%
An auto-industry recovery appears far away. Vehicle-carrier companies are drastically scaling down. – ET Prime
Clipped from: https://prime.economictimes.indiatimes.com The fate of an entire industry is hanging by a thread. With losses and debt woes mounting, automobile-carrier companies, big and small, are
Lockdown is pushing up India’s poverty levels – The Hindu BusinessLine
Income and job losses mean millions are joining the ranks of the poor. Govt must provide a safety net for those on the brink The
NCLT allows Jet Airways to sell office in Bandra Kurla Complex – The Hindu BusinessLine
The NCLT has allowed Jet Airways to sell its premises in Bandra Kurla Complex (BKC) to settle Rs 360 crore dues of mortgage lender HDFC,
Employment generation a challenge but not unachievable: Nitin Gadkari – The Hindu BusinessLine
The Minister of Micro, Small and Medium Enterprises (MSME), Nitin Gadkari, has acknowledged that employment generation is a challenge, but with the right economic policies,
Covid-19 impact: 42% start-ups, small biz out of funds or in shutdown stage | Business Standard News
According to a survey by LocalCircles, only 16% of start-ups and SMEs have the cash to survive for more than three months. Since the start
Tips to protecting your home and hearth against natural calamities | Business Standard News
Clipped from: https://www.business-standard.com When buying a home insurance cover, opt for reinstatement value as the sum insured Mild tremors have hit the national capital region (NCR)
In poor health already, banks come under grip of Covid-19 pandemic | Business Standard News
Clipped from: https://www.business-standard.com/ Anaemic credit growth due to risk-averse borrowers; concerns over bad loan build-up resurface Due to the low credit offtake, banks are saddled with
Health insurance: Health policies to cover telemedicine costs – The Financial Express
Clipped from: https://www.financialexpress.com Irdai has also directed insurers not to bracket costs associated with pharmacy, consumables, diagnostics and implants In order to address mis-selling of indemnity-based
After MSMEs, let’s focus on large stressed sectors | Business Standard Column
Clipped from: https://www.business-standard.com The Rs 3-trillion booster dose may help bring MSMEs back on the rails but to whom will they supply goods? It’s time to
Labour reforms still a perennial hot potato in India – The Financial Express
Clipped from: https://www.financialexpress.com/ The Narendra Modi regime hasn’t made much headway either, although at the very beginning of Modi 1.0, it embarked on the reform path
IBC a game changer for financial institutions: Gopal Subramanium – The Economic Times
Clipped from: https://economictimes.indiatimes.com Subramanium was talking at a webinar titled- “COVID 19: Constitutional and Legal Conundrums”, which was organised by Bennett University’s School of Law on
Making sense of forex reserves–ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/ India’s foreign exchange reserves have crossed $500 billion. For some, this is a cause for national pride. For some others, it is a