With more than Rs 10,000 crore of their lending at risk, lenders of Jet Airways have reportedly failed to reach a consensus over providing a
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.
After GST changes in realty sector, surge in demand seems unlikely – The Financial Express
By Gokul Kishore To implement the GST Council’s recent decisions on the realty sector, the Central Board of Indirect Taxes & Customs (CBIC) has issued six
GST filing rules clarified; audit report format available for Rs 2 crore-plus businesses – The Financial Express
Businesses with an annual turnover of more than Rs 2 crore can now start filing GST audit reports for the financial year 2017-18 as the
New Sebi strictures on subsidiaries make accountants even more accountable | Business Standard News
The Securities and Exchange Board of India’s (Sebi’s) new rule pertaining to reviewing the account of unlisted subsidiaries of listed entity could go a long
Revised Form 16 seeks more disclosures from taxpayers – The Hindu BusinessLine
The Income Tax department has revised Form-16 by adding various details, including income from house property and remuneration received from other employers, thereby making it
Raghuram Rajan: Protectionism doesn’t really help preserve jobs: Raghuram Rajan–Economic Times
Rajan stressed that the reality is that trade while typically beneficial overall, has a distributional impact creating winners and losers. Protectionism does not really help preserve jobs and
IL&FS financial services: IL&FS: Auditor regulator NFRA probing role of EY, KPMG and Deloitte
The newly formed regulator for auditors is probing the role of three of the big four auditors in the alleged financial irregularity in Infrastructure Leasing
High growth achieved by India not possible without job creation: Amitabh Kant – The Economic Times
Kant’s statement comes against the backdrop of a report by Azim Premji University suggesting that employment opportunities declined and 5 million men lost their jobs
Aye Finance: Aye Finance launches its not for profit company for advancement of micro enterprises–Economic Times
After successfully enabling the financial inclusion of over 1,00,000 micro enterprises, Aye Finance is launching its not for profit Company FAME (Foundation for Advancement of Micro Enterprises), under which
banks: Banks’ recoveries from IBC cases falling – The Economic Times
Banks’ recoveries from bankruptcy cases are on the decline as demand for sick companies under the Insolvency and Bankruptcy Code has waned. However, fears of losing their companies have
Kotak Mahindra Bank moves NCLT against BILT unit – The Economic Times
Kotak Mahindra BankNSE 0.91 % has approached the dedicated bankruptcy court against Ballarpur IndustriesNSE 1.89 % Ltd subsidiary – BILT Graphic Paper Products – for default of Rs 218 crore.
IBC: IBBI working to provide accountable and competent valuers: MS Sahoo – The Economic Times
Bankruptcy Regulator chairperson MS Sahoo said that the Insolvency and Bankruptcy Board of India (IBBI) is working to provide an accountable and competent valuation professionals. The ministry of
The Insolvency and Bankruptcy Code: Financial, operational creditors recover nearly half of total claims in 88 insolvency cases – The Economic Times
Nearly half of their total admitted claims worth over Rs 1.42 lakh crore have been recovered by financial and operational creditors from as many as 88 debt-ridden companies under
NCLT stays order to withdraw Sterling SEZ’s insolvency resolution process – The Economic Times
The group owes about Rs 15,000 crore to its financial and operational creditors. The dedicated bankruptcy court has stayed its earlier order to allow the
Jack Ma has it right on work, we ignore him at our peril – The Financial Express
Jack Ma, founder of Alibaba Alibaba co-founder Jack Ma has come in for a lot of flak with his 9-9-6 statement—9 to 9 every day,
Curtains down for Jet Airways, resumption of services now depends on resolution process – The Financial Express
Failing to get an emergency funding of Rs 400 crore from the lenders, cash-strapped Jet Airways suspended its total operations temporarily from Wednesday night. The
Cases under old companies act: Promoter too can seek revival during liquidation, says NCLAT – The Financial Express
Cases under old companies act: Promoter too can seek revival during liquidation, says NCLAT The National Company Law Appellate Tribunal (NCLAT) has held that the
Why Ericsson may be asked to return Rs 580 crore to RCom; all that happened so far, and what’s next – The Financial Express
The NCLAT is expected to hear RCom’s application for vacating the stay on 30 April 2019. Anil Ambani’s Reliance Communications, which recently had to pay
How to boost exports: Suggestion to Modi govt as full fiscal trade deficit hits record high – The Financial Express
Although exports performed well despite major challenges such as protectionism, global slowdown, constraints on the domestic front, more is needed to further boost exports as
RBI’s stand on IL&FS exposure spells trouble for banks, NBFCs | Business Standard News
In an explanation to the ongoing dispute on whether or not loan exposures to stressed infrastructure major IL&FS are to be classified as non-performing assets (NPA), the
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