Clipped from: https://www.thehindubusinessline.com/economy/policy/mca-eases-the-path-for-foreign-firms-raising-money-in-gift-city/article35788940.ece In a move that is expected to open the floodgates, they are now allowed to raise capital without filing a prospectus with the
Category: ART
Start-ups based on new definition can now bid for consultancy, other services of govt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/start-ups-based-on-new-definition-can-now-bid-for-consultancy-other-services-of-govt/article35758436.ece Entity up to 10 years of existence, turnover up to ₹100 crore can be called a ‘start-up’ The Finance Ministry has incorporated a
RBI Monetary Policy: Key takeaways of Governor Shaktikanta Das’s speech, Video Gallery – Business Standard
lipped from: https://www.business-standard.com/multimedia/video-gallery/general/rbi-monetary-policy-key-takeaways-of-governor-shaktikanta-das-s-speech-129401.htm Kanishka Gupta Last Updated at August 6, 2021 14:01 ISThttps://www.youtube.com/embed/eXZ6rCmTuKw RBI Monetary Policy: Key takeaways of Governor Shaktikanta Das’s speech This is the seventh
MPC status quo has a different subtext – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-rbi-expects-inflation-to-ease-in-the-third-quarter/article35772764.ece?homepage=true The RBI expects inflation to ease in the third quarter – AFP The RBI needs to take strong steps to deal with excess
These new platforms re-juvenate women-run enterprises – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/variety/these-new-platforms-re-juvenate-women-run-enterprises/article35774066.ece?homepage=true The longer-term plan is to organise mentoring sessions and help upskill entrepreneurs in areas of technology and finance A new term — “Shecession”
SEBI cuts pre-IPO lock-in for non-promoters to six months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-cuts-pre-ipo-lock-in-for-non-promoters-to-six-months/article35774541.ece?homepage=true Moves away from ‘promoters’ to ‘controlling shareholders’ idea As the nature of corporate ownership changes, with private equity players and institutional investors increasingly
FD premature withdrawal process: A single account holder can withdraw a joint bank FD prematurely; here’s how it works, and should you go for it? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/a-single-account-holder-can-withdraw-a-joint-bank-fd-prematurely-heres-how-it-works-and-should-you-go-for-it/articleshow/84967768.cmsSynopsis There could be a situation in the current pandemic where one of the holders is hospitalised and the other needs to draw the
A collapse of Voda Idea will hurt IDFC First Bank, YES Bank most – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/a-collapse-of-voda-idea-will-hurt-idfc-first-bank-yes-bank-most/articleshow/85065328.cmsSynopsis Vodafone Idea is unlikely to be able to service its gross debt of over Rs 1.8 lakh crore. The telecom operator owes at
Judge-population ratio stood at 21.03 judges per million people in 2020: Law minister – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/judge-population-ratio-stood-at-21-03-judges-per-million-people-in-2020-law-minister/articleshow/85072861.cmsSynopsis “Using the above criterion, the judge-population ratio works out to be 21.03 judges per million population for the year 2020,” the minister noted.
Inflation: What’s causing structurally high inflation in India? ANZ Bank’s Sanjay Mathur explains – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/whats-causing-structurally-high-inflation-in-india-anz-banks-sanjay-mathur-explains/articleshow/85060019.cmsSynopsis “The May CPI reading of 6.30% year-on-year was quite telling. Whichever way you dissect it — look at core or the super-core, there
A bold move to bury the retro tax ghost – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-view/et-view-a-bold-move-to-bury-the-retro-tax-ghost/articleshow/85073317.cmsSynopsis The Bill, introduced in the Lok Sabha, nullifies the tax demand on the indirect transfer of Indian assets on transactions prior to 28
The haircut that never was: Need to factor in whether a loan account had become an NPA while assessing haircut from its resolution under IBC – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-haircut-that-never-was-need-to-factor-in-whether-a-loan-account-had-become-an-npa-while-assessing-haircut-from-its-resolution-under-ibc/2305310/ A delay in initiating the insolvency process also means that creditors, because of their unhappy experience, are more inclined to take back their
Retrospective tax goes, not soon enough – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/retrospective-tax-goes-not-soon-enough/2305304/ Odd that the govt took this long to see sense on the matter, but this is the first step towards a less-litigious tax
Avoid arbitrary regulation | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/avoid-arbitrary-regulation-121080501757_1.html RBI’s micro-management of corporate lending must end The Reserve Bank (RBI) of India has mismanaged its attempt to control and reduce the number
Good sense, finally | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/good-sense-finally-121080501755_1.html Govt wasted nine years in trying to defend the indefensible retro tax The government has introduced the Taxation Laws (Amendment) Bill, 2021, which seeks to
Lenders to debt-laden Vodafone Idea look at swapping debt for equity | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lenders-to-debt-laden-vodafone-idea-look-at-swapping-debt-for-equity-121080600052_1.html Over the years, Vodafone PLC has invested $30 billion in Vodafone India and has written off the entire investment Shares of Vodafone Idea
Move to do away with infamous retro tax will boost investment sentiments | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/move-to-do-away-with-infamous-retro-tax-will-boost-investment-sentiments-121080501695_1.html The Bill now introduced in the Parliament proposes to provide that no tax demand shall be raised on indirect transfers effected prior to
Can a govt bailout package keep Voda-Idea afloat? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/can-a-govt-bailout-package-keep-voda-idea-afloat/article35751574.ece?homepage=true If Voda can’t sustain itself as a going concern, the only option is for it to go under the IBC With both promoters,
Irrational exuberance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/unbridled-speculation-in-primary-equity-issuances-can-erode-capital-market-credibility/article35750577.ece?homepage=true Unbridled speculation in primary equity issuances can erode capital market credibility The exuberant sentiment in the secondary market has now extended to the
Experts welcome govt’s move to bury retro tax, but with riders | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/experts-welcome-govt-s-move-to-scrap-retrospective-tax-121080501275_1.html They, however, say are not sure if the lack of interest and costs payable by govt will satisfy all litigants Photo: PIB India