Clipped from: https://www.business-standard.com/article/opinion/prevent-nris-pan-from-being-declared-inactive-122022000907_1.html The I-T Department hasn’t made provision for allowing those ineligible for Aadhaar to mark their PANs, so the latter can be kept active
Category: ART
ABG Shipyard’s Rs 23k-cr fraud: Auditor failed to red-flag fund diversion | Business Standard News
lipped from: https://www.business-standard.com/article/companies/abg-shipyard-s-rs-23k-cr-fraud-auditor-failed-to-red-flag-fund-diversion-122022100030_1.html Audit firm partner junked Indian citizenship; paid Rs 27.5 lakh to settle Sebi probe The auditor of ABG Shipyard, which is being probed by the
lic ipo: How LIC policyholders can get discounted IPO shares: 29 FAQs answered by LIC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/how-lic-policyholders-can-get-discounted-ipo-shares-29-faqs-answered-by-lic/articleshow/89658962.cms Synopsis According to the DRHP, up to 10 percent will be reserved for eligible LIC policyholders under the Policyholder Reservation Portion. Here is
ABG Shipyard Case Updates | ABG Shipyard allegedly used 38 overseas firms to divert funds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/abg-shipyard-allegedly-used-38-overseas-firms-to-divert-funds/articleshow/89649530.cms Synopsis Both the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) have booked ABG Shipyard and its directors on charges of criminal
Paytm Shares | Zomato Shares | nykaa shares: Investor losses in Paytm, Nykaa, PB & Zomato mount to Rs 1.3L cr since Day 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/investor-losses-in-paytm-nykaa-pb-zomato-mount-to-rs-1-3l-cr-since-day-1/articleshow/89636423.cms Synopsis Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39
Large NSE shareholders sell stake amid IPO delay, total holding down by 10% | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/large-nse-shareholders-sell-stake-amid-ipo-delay-total-holding-down-by-10-122021801044_1.html Citigroup, Goldman Sachs and Norwest Venture sold their entire stake in FY22, exchange data shows; others have pruned holdings Institutional shareholders blame the
Race for IPO quota: LIC policyholders rush to link PAN with policies | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/race-for-ipo-quota-lic-policyholders-rush-to-link-pan-with-policies-122021801383_1.html Photo: Bloomberg The Life Insurance Corporation (LIC) of India has started seeing a jump in policyholders linking their permanent account numbers (PANs) to LIC policies, signalling a
Biden is ‘convinced’ Putin has decided to further invade Ukraine | Business Standard News
Clipped from: https://www.business-standard.com/article/international/biden-is-convinced-putin-has-decided-to-further-invade-ukraine-122021900076_1.html After weeks of saying the US wasn’t sure if Putin had made the final decision to launch a widespread invasion, Biden said that
SC judge highlights need to provide the poor with efficient access to financial services – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-editorial-feature/sc-judge-highlights-need-to-provide-the-poor-with-efficient-access-to-financial-services/article65063930.ece Says move will also contribute to improvement of resource allocation, development of financial markets and system Justice S Abdul Nazeer, Judge of Supreme
NSE, Edelweiss, CDSL in the dock as FIR filed in Hyderabad – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/nse-edelweiss-cdsl-in-the-dock-as-fir-filed-in-hyderabad/article65063883.ece Delayed action caused heavy loss, say complainants NSE’s current management is now in the dock over a first information report (FIR) filed by
LIC’s ‘weak’ debt portfolio stands at Rs. 2.67-lakh crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/lics-weak-debt-portfolio-stands-at-rs-267-lakh-crore/article65063881.ece Insurer’s share of dud loans highest among peers and most banks At 7.74 per cent gross non-performing assets (NPA) in FY21, India’s largest
Dhani app loan fraud: Customers question lapses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/dhani-app-loan-fraud-customers-question-lapses/article65063889.ece Identity theft Earlier this week, users reported that their PAN data were used fraudulently to open accounts and avail loans cnythzl | Photo
IPO: LIC brass on overdrive to attract marquee investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/ipo-lic-brass-on-overdrive-to-attract-marquee-investors/article65063870.ece LIC’s mega IPO can raise as much as 25 per cent of the total capital raised in India last year | Photo Credit:
Investor losses in Paytm, Nykaa, PB & Zomato mount to Rs 1.3L cr since Day 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/investor-losses-in-paytm-nykaa-pb-zomato-mount-to-rs-1-3l-cr-since-day-1/articleshow/89636423.cms Synopsis Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39
A queen and a yogi: The chaotic unravelling of Chitra Ramkrishna – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/a-queen-and-a-yogi-the-chaotic-unravelling-of-chitra-ramkrishna/articleshow/89638400.cms SynopsisNarain was appointed vice-chairman in non-executive category on the NSE’s board from April 2013 and remained so till June 2017. Over the last
FPI selling: Look where FPIs are investing as they continue to dump Indian equities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/look-where-fpis-are-investing-as-they-continue-to-dump-indian-equities/articleshow/89639256.cms SynopsisThe outflow owes to changing investment strategy of FPIs amid soaring commodity prices as at over $94 per barrel, crude oil trades at
The cost of possible war | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-cost-of-possible-war-122021501648_1.html Oil races to prices not seen since 2014 The markets globally have been volatile, driven by a rapid flow of information from the
Sebi makes separation of Chairman, MD posts voluntary for India Inc | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-makes-separation-of-chairman-md-posts-voluntary-for-india-inc-122021501442_1.html Reprieve will benefit more than 150 companies, including Reliance Industries, Hindustan Unilever, Bajaj Finserv and Adani Ports Securities and Exchange Board of India
LIC policyholders must update PAN details by Feb 28 to participate in IPO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lic-policyholders-must-update-pan-details-by-feb-28-to-participate-in-ipo-122021501387_1.html The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in
No-nonsense industrialist | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-nonsense-industrialist-122021300929_1.html Rahul Bajaj was a rare India Inc voice One of the wry jokes about India Inc was its penchant for double-speak, fulsomely praising
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