Startups and their early-stage lifelines — angel networks — will now have to walk a thin line to be on the right side of law.
Author: Anil R Tikotekar
RBI awaiting government notification for coming out with P2P lending norms, says official – The Financial Express–14.09.2017
The Reserve Bank is waiting for a gazette notification from the government on getting the peer-to-peer lenders under its regulatory ambit before coming out with
Maharashtra property market: Big setback for 50,000 homebuyers, errant builders making situation worse – The Financial Express–14.09.2017
Buyers of more than 50,000 apartments in Maharashtra will now have to wait even longer for their homes with errant builders having managed to get
India set to be a digital superpower; how cashless payments will pave the way – The Financial Express–14.09.2017
By- Bipin Preet Singh In the recent Mann Ki Baat, a lot of us heard Prime Minister Narendra Modi saying that “The Jan-Dhan revolution is a
Crop insurance flaws | Business Standard Editorials–14.09.2017
Prime Minister Narendra Modi has done well to respond to criticism over his government’s flagship farm insurance scheme, the Pradhan Mantri Fasal Bima Yojana (PMFBY),
GST woes: Exporters allege no duty drawback refund from states | Business Standard News–14.09.2017
State governments have effectively stopped paying tax refunds under the duty drawback scheme (DDS), compounding their liquidity issues, say exporters. Since the Goods and Services
GST: Govt sets up panel to receive profiteering complaints | Business Standard News–14.09.2017
A four-member standing committee, comprising tax officials of the Centre and states, has been set up to receive complaints of undue profiteering by any entity
Fintech – old wine in a new bottle | Business Standard Column–Mr. Rajwade–14.09.2017
In the last few months, fintech has been attracting a lot of attention; the valuations of some of the companies seem astronomically high. (Recently, a
Credit offtake to remain muted for now: HDFC Securities chief | Business Line–14.09.2017
It will take some more time for credit offtake to pick up, Dhiraj Relli, MD & CEO, HDFC Securities, said. While the retail credit portfolio
Tax experts under income-tax lens for valuation of startups – The Economic Times–13.09.2017
Indian tax authorities have begun questioning consultants and accountants on the methodology of their enterprise-value estimates after challenging the valuations of startups. Since August, the
Lessons from failure: 5 things that make or break startups – The Economic Times–13.09.2017
Startups are on the rise in the country. But the start-up formula is not easy to master. So read on to find out an expert’s
Niti Aayog CEO Amitabh Kant for 10-fold rise in advances and deposit caps for OTP-based accounts – The Financial Express–13.01.2017
Niti Aayog chief executive Amitabh Kant today said the Reserve Bank should go for a ten-fold increase in the deposit and advances caps on accounts
Pulses prices collapse: Here is what really caused this outcome to pass – The Financial Express–13.09.2017
An increase of around 12%, on average, in the minimum support price (MSP) of five pulses in agricultural year 2016-17 should normally have boosted both
Why SC order on Jaypee Infrastructure is a win-win for all, including flatbuyers – The Financial Express–13.09.2017
The Supreme Court’s decision to persist with insolvency proceedings against Jaypee Infratech while also asking the insolvency resolution professional (IRP) to ensure the concerns of
Income-tax department calls big corporate entities to pay advance taxes | Business Standard News–13.09.2017
The income-tax (I-T) department is “coaxing” top corporate entities to make the 45 per cent of the total advance tax payment by September 15, the
Caught in a cleft [ Public Sector Banks ]| Business Standard Editorials–13.09.2017
Reserve Bank of India Deputy Governor Viral Acharya said last week that the financial health of India’s public sector banks (PSBs) was so poor that
A longer pause? | Business Standard Editorials–13.09.2017
In stark contrast to talk of deflation in the economy, India’s retail inflation, measured by the Consumer Price Index (CPI), grew by 3.36 per cent
PSU bank merger should follow balance sheet clean-up: Raghuram Rajan | Business Standard News–13.09.2017
Mergers of PSU banks should be done only after balancesheets are cleaned up and these are nursed back to health with adequate capitalisation, said former
GSTR1 nosedives as businesses get filing breather | Business Standard News–13.09.2017
The pace of filing goods and services tax (GST) returns under sales, or GSTR1, nosedived on Saturday evening, when the Council in the meeting in
Exporters in serious financial crisis due to GST refunds delay | Business Standard News–13.09.2017
Exporters are under very serious financial problems due to draining up of funds and liquidity crisis as GST refunds were not coming to them as