Clipped from: https://economictimes.indiatimes.com The country eventually came to suffer the worst of both worlds, Bajaj told Rahul Gandhi. The lockdown that India put in place around
Author: Anil R Tikotekar
Double whammy for service companies: Required to pay GST on defaults, bad debts – The Economic Times
Clipped from: https://economictimes.indiatimes.com Services companies have been dealt a twin blow: Unpaid bills, & GST liabilities on incidents on non-payment. MUMBAI: As customer defaults mount due to the Covid-19
View: Time for an Urban Employment Guarantee Programme – The Economic Times
Clipped from: https://economictimes.indiatimes.com Lockdown has largely impacted urban India. Rural India, especially agriculture, is in reasonable shape. India’s much-awaited Covid19 stimulus is out – all 20
Second migrant crisis may be coming – The Economic Times
Clipped from: https://economictimes.indiatimes.com Villages now struggle to cope with returnees who have no income and no immediate chance of employment. With the crisis of migrants unable to return
SC advises middle path over paying 100% salary during lockdown | Deccan Herald
Clipped from: https://www.deccanherald.com/ A view of the SC The Supreme Court on Thursday suggested for finding a middle ground to protect the interest of crores of
SC extends order of no coercive action against employers for non-payment of full wages – The Economic Times
Clipped from: https://economictimes.indiatimes.com In the proceedings conducted through video conferencing, the top court said there was a concern that workmen should not be left without pay,
Suspension of IBC can affect resolution efforts and shift focus to recovery | Business Standard News
Clipped from: https://www.business-standard.com On Wednesday, the Union Cabinet gave approval to the suspension of the IBC for Covid-19-related stress It was decided to hold in abeyance
Nod for Ordinance to amend Insolvency Code – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Insolvency proceedings to be suspended for Covid-related debt up to a year The Cabinet on Wednesday approved the promulgation of an ordinance to
Four shortlisted for placing financial bids for Jet Airways – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Jet Airways’ Resolution Professional has short-listed four companies for placing a financial bid for acquiring Jet Airways. While nearly seven entities had submitted
‘FY21 to witness significantly lower realisations under IBC’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Outbreak of Covid-19 pandemic and suspension of new proceedings key reasons Financial creditors could realise about ₹60,000 to ₹70,000 crore in FY21 through the Insolvency
Overseas listing is for the big boys – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Smaller companies may not be able to garner resources for a foreign IPO There is a buzz doing the rounds of late that
IBBI slaps Rs 34.22 lakh penalty on an Insolvency Professional – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Penalty levied for moratorium violation by allowing transfer of assets of a corporate debtor during CIRP Insolvency regulator IBBI’s Disciplinary Committee(DC) has slapped
Our Bureau – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The key input is available in abundance in India While Prime Minister Narendra Modi has been quite ‘vocal for being local’, the struggling
More players may enter contract farming – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com A farmer waiting to sell bananas in Daranggiri market in Assam. Pre-determined price in contract farming will help reduce farmers’ risks – THE
Piyush Goyal asks property developers to cut prices to survive downturn | Business Standard News
Clipped from: https://www.business-standard.com Unless you reduce your rates, you will be stuck with your inventory, Goyal said to developers. Goyal added that if developers feel that
Going back to basics: Make labour laws simple, protect workers’ rights | Business Standard News
Clipped from: https://www.business-standard.com/ It’s not just the inability to downsize that constrains it but opaque hiring practices and the illogic of size-based legal thresholds that encourage
RBI repo cuts not effective any longer? They seem to have lost their sting | Business Standard News
Clipped from: https://www.business-standard.com In 12 months, bond yields are down 100 bps, against 200-bps cut in repo In the past 12 months, the RBI has cut
Dismantling of labour laws will take away workers’ protection, says Ex-CEA | Business Standard News
Clipped from: https://www.business-standard.com India’s January-March GDP growth sank to 3.1 per cent, a low not seen in at least 17 years Subramanian agreed with most
Perils of ‘self-reliance’ | Business Standard Editorials
Clipped from: https://www.business-standard.com Protectionism will hurt India’s economy and its people When Prime Minister Narendra Modi introduced the concept of “aatmanirbharta” or self-reliance to the nation
Cabinet gives nod to fund for reviving NPA accounts in MSMEs; to provide this much credit guarantee – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: The government will provide Rs 4,000 crore support to the CGTMSE, which will give partial credit guarantee support