The committee of creditors (CoC) for Bhushan Power and Steel are in the process of deciding whether to go for a second round of bidding
Author: Anil R Tikotekar
RBI: RBI note on data localisation raises hackles in the US – The Economic Times–01.05.2018
Leading Indo-US business advocacy groups have raised concerns with authorities over the Reserve Bank of India’s directive asking payment companies to store data locally. While
Is buying travel insurance online a good idea? – The Economic Times–01.05.2018
Travel Insurance is an important part of any travel. Insurance providers like ICICI Lombard, Tata Aig, and Bajaj Allianz, offer a multitude of benefits under
India’s engineering exports hit an all time high of $76 billion – The Economic Times–01.05.2018
India’s engineering exports have reached an an all-time high of $ 76 billion during 2017-18 , growing by near 17 per cent year on year thanks to
Beware wilful defaulters! Now PSBs start forensic audit of ‘potential’ NPA accounts – The Financial Express–01.05.2018
With an aim to identify possible non performing assets (NPAs), public sector banks have started carrying out audits on accounts which have loans of above
Insolvency process: Adhunik Metaliks RP likely to seek more time — The Financial Express–01.05.2018
For Adhunik Metaliks, there are only two resolution applicants — UK-based Liberty House and Maharashtra Seamless of the DP Jindal Group. In an attempt to
India receives $69 bn remittances in 2017; retains top slot – Business Line–01.05.2018
India has retained its position as the top remittances receiving country with its diaspora sending about USD 69 billion back home in 2017, the World
GST: Taxing times – Circular No.42–Business Line–01.05.2018
Circular 42 has created more doubts Having absorbed the erstwhile Central Excise, Service Tax and VAT laws into its fold, the GST laws had to
How Aadhaar can work: Activists opposing private sector use throw out the baby with the bathwater–Times of India–01.05.2018
Well-meaning activists opposing private Aadhaar use are trying to throw the baby out with the bathwater. Inflammatory articles notwithstanding, there are genuine concerns with privacy
IBBI must thwart bankruptcy getting stymied–Economic Times–01.05.2018
The rules set to implement the Insolvency and Bankruptcy Code would appear to be in conflict with the public policy goal of securing the highest
The myth of 15 million jobs | The Indian Express–01.05.2018
Surjit Bhalla has invented an estimate that 15 million jobs were created in 2017 (‘Robust job growth, not fake news,’ IE, April 28). This is
NCLAT to hear NuMetal, ArcelorMittal petition in Essar Steel case on May 17 | business news | Hindustan Times–01.05.2018
The National Company Law Appellate Tribunal (NCLAT) on Friday agreed to hear cross petitions filed by Essar Steel bidders NuMetal Ltd and ArcelorMittal India Ltd
‘India to lose if oil prices climb more’ – BUSINESS – The Hindu–30.04.2018
India, along with other emerging economies like Turkey and the Philippines, will be a loser if the recent oil price rise continues, according to a
RERA: 1 year of RERA: Not much has changed for the homebuyer – The Economic Times–30.04.2018
Most states only have an interim regulator while only 3 states Maharashtra, Madhya Pradesh and Punjab have established a permanent one so far. On May
Demonetisation, cash crunch wreck banks, economy: Experts, activists – The Financial Express–30.04.2018
Nearly a 100 major groups and several prominent experts have attacked the NDA government for the manner in which the banks and economy are being
RERA: Only three states have permanent regulator – The Financial Express–30.04.2018
Only 14 states have functional web portals, and just 20 have notified the rules. However, all the seven Union Territories have notified them. While the
Easing the burden: No filing of returns in new GST model – The Financial Express–30.04.2018
The system could allow the buyer to lock the invoice after which seller can’t edit/delete it, making it a confirmed liability of the seller. In
Resolving individual insolvency cases a distant dream | Business Standard Column–30.04.2018
The erstwhile regulatory system for liquidation or resolution or reconstruction of sick companies operated under fragmented laws. The Insolvency and Bankruptcy Code can be regarded as a
The subversion of Aadhaar | Business Standard Column–30.04.2018
Let us get one thing out of the way: Aadhaar, or the Unique ID, as originally conceptualised, would have vastly increased the ability of the
From third-party rights to arbitration, here are the key court orders | Business Standard News–30.04.2018
Interim relief for tea garden workers The Supreme Court has asked four state governments to pay interim relief to tea estate workers, some of whom denied wages