Clipped from: https://www.thehindubusinessline.com/news/independent-directors-not-liable-for-the-acts-of-the-company-bombay-hc/article65654246.ece In two different orders, the Court observed that simply because a person is a director of a company does not make him liable
Category: ART
*War effect: India’s pharma exports to Russia down 24% in April–May period – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/war-effect-indias-pharma-exports-to-russia-down-24-in-aprilmay-period/article65653833.ece Russia is the fourth largest pharma export market for India Indian pharma exports to Russia have dropped 24 per cent due to the
*******RBI’s low dividend payout raises concerns – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/rbis-low-dividend-payout-raises-concerns/article65655432.ece It shows up poor risk management of forex reserves, such as relying on dollar sales in domestic forex market to book profit The
*****Cautious optimism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/inflation-may-be-moderating-and-growth-showing-resilience-but-cad-is-a-concern/article65655206.ece Inflation may be moderating and growth showing resilience, but CAD is a concern On both the growth and inflation fronts, the Indian economy
*HC grant Bail to CA in case of alleged negligence in stock audit & Fraud–TAXGURU.IN
Clipped from: https://taxguru.in/chartered-accountant/hc-grant-bail-ca-case-alleged-negligence-stock-audit-fraud.html Sunil Bhatia Vs Serious Fraud Investigation Office (Delhi High Court) Since the ex-promoters/directors and similarly situated chartered accountants have been granted bail, there
*Can a chartered accountant sign a Provisional Financial Statement?–TAXGURU.IN
Clipped from: https://taxguru.in/chartered-accountant/chartered-accountant-sign-provisional-financial-statement.html?utm_source=feedburner&utm_medium=email As per Clause (3) of part 1 of second schedule of ICAI Act 1949 -A chartered accountant in practice shall be deemed to
*Over 2 lakh retail investors exit LIC, but holding increases marginally – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/over-2-lakh-retail-investors-exit-lic-but-holding-increases-marginally/article65653812.ece As many as 4,000 NRIs entered the insurance major last quarter Over two lakh small investors have exited from Life Insurance Corporation of
*****Going on eighty: Rupee continues to test new lows against US dollar | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/going-on-eighty-rupee-continues-to-test-new-lows-against-us-dollar-122071700700_1.html It’s too early to say if the central bank’s recent measures will offer relief any time soon Photo: iStock. The Financial Stability Report (FSR,
*Strongest dollar in a generation upends global economy, devalues currencies | Business Standard News
Clipped from: https://www.business-standard.com/article/international/strongest-dollar-in-a-generation-upends-global-economy-devalues-currencies-122071700950_1.html The greenback is affecting everything from cost of an overseas vacation to profitability of MNCs US companies with large international operations are taking
The rise in the incidence of digital fraud | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-rise-in-the-incidence-of-digital-fraud-122071700674_1.html Over the years, there has been a significant change in the types of frauds affecting the banking industry Frauds in the banking sector have been
*****Grain of the matter | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/grain-of-the-matter-122071700925_1.html Govt’s grain stock reduction is a good development The sharp decrease in the government’s wheat inventories this year is neither unexpected nor a matter of
*******Trade in rupee: A little step forward but nothing more | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/trade-in-rupee-a-little-step-forward-but-nothing-more-122071701064_1.html Transactions in INR shift entire exchange rate risks to the foreign party. It is difficult to fathom why any foreign trader would agree
*******Population and prosperity: Govt must focus on women’s education and health to control population growth | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/population-and-prosperity-govt-must-focus-on-womens-education-and-health-to-control-population-growth/2596776/ Each country looks for the prosperity of its people and follows policies that suit it most for a speedier road to prosperity. But
Card payments: Card tokenisation makes online payments safer | The Financial Express
Clipped from: https://www.financialexpress.com/money/card-payments-card-tokenisation-makes-online-payments-safer/2595665/ The RBI had mandated that after December 31, 2021, entities other than card networks and card issuers cannot store data. Tokenisation will be
*Policy in pocket, eye on the rupee – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/policy-in-pocket-eye-on-the-rupee/articleshow/92941327.cms Synopsis India is losing some of its export competitiveness against emerging economies whose currencies are falling faster. The rupee is tracking trade fundamentals with RBI managing a
Charting the Global Economy: The risk of a euro-area recession is growing – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-the-risk-of-a-euro-area-recession-is-growing/articleshow/92931235.cms Synopsis Recession calls are growing in Europe amid record-high inflation and weakening investor confidence, though the planned reopening of a key Russian gas
*******Swiss top court quashes move to stall transfer of info to India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/swiss-top-court-quashes-move-to-stall-transfer-of-info-to-india/articleshow/92941112.cms Synopsis Court says Switzerland can share info on bank a/cs, trusts even if money’s not distributed. The Swiss Federal Supreme Court has ruled that even
*****Companies with overseas liabilities rush to cover currency risk – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/companies-with-overseas-liabilities-rush-to-cover-currency-risk/articleshow/92943366.cms Synopsis With the rupee breaching the psychological ₹80 versus the US dollar for the first time and the spot market USD-INR gauge heading
*Brookfield to buy 51% stake in Bharti Enterprises’ 4 commercial properties for ₹5,000 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/canadas-brookfield-to-buy-51-per-cent-stake-in-4-commercial-properties-of-bharti-enterprises-for-rs-5000-crore/article65280999.ece Worldmark Aerocity (Delhi), Worldmark 65, Airtel Center (Gurgaon) and Pavillion Mall (Ludhiana) have a total area of 3.3 million square feet New Delh,
*Mid-size IT firms forced to move where talent is – small towns – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/with-resistance-to-getting-back-to-office-smaller-it-firms-set-up-centres-closer-to-employees-home-town/article65650266.ece With many refusing to exit the WfH mode hastening the move; Ramco Systems and Access Healthcare are setting up centres at Madurai, while
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