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
Category: ART
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
Why govt’s Rs 20,000 cr Subordinate Debt scheme for MSMEs failed to find many takers? IBA chief explains – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-why-govts-rs-20000-cr-subordinate-debt-scheme-for-msmes-failed-to-find-many-takers-iba-chief-explains/2305145/ Credit and Finance for MSMEs: Under CGSSD, the promoter was required to bring in 10 per cent of the subordinate debt amount as
PLI scheme for Atmanirbhar Bharat: An elusive Philosopher’s Stone! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-scheme-for-atmanirbhar-bharat-an-elusive-philosophers-stone/article35716071.ece For a self-reliant India, one needs generic policies that will enhance overall competitiveness. One needs to adopt modern chemistry The process of converting
Amended LLP Bill will help start-ups, CAs: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/amended-llp-bill-will-help-start-ups-cas-fm/article35727361.ece Bill to improve ease of doing business The Rajya Sabha on Wednesday passed the Limited Liability Partnership (Amendment) Bill with a brief debate
Curbing bank frauds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/curbing-bank-frauds/article35730492.ece Bank staff must not overlook systems and guidelines Ratnakar Bank and Bank of Maharashtra had sanctioned home loans of ₹2.50 crore and ₹1.30
New vs old tax regime: Compute liability before making the switch | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/new-vs-old-tax-regime-compute-liability-before-making-the-switch-121080301966_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Non-investors in tax-saving instruments may opt for the new regime Taxpayers having income from business or profession also have to opt-in for the
Banks use ARCs for ever-greening: Parliamentary Committee on Finance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-use-arcs-for-ever-greening-parliamentary-committee-on-finance-121080401179_1.html Calls for encouraging banks to bring down their leverage, says present “grim situation” should not be used as an alibi for bank privatisation
Respect regulations | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/respect-regulations-121080401927_1.html Govt’s U-turn on minimum public float of PSUs is surprising The benchmark stock market indices hit all-time highs this week and the sustained buoyancy is
DICGC to authenticate deposit claims of failed bank in 30 days | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dicgc-to-authenticate-deposit-claims-of-failed-bank-in-30-days-121080401713_1.html Once a stressed bank is put on moratorium, DICGC will be liable to pay depositors an insured amount of Rs 5 lakh The
Beyond rates: Five things to watch out for in RBI’s monetary policy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/beyond-rates-five-things-to-watch-out-for-in-rbi-s-monetary-policy-121080500120_1.html The monetary policy committee’s commentary on inflation, growth and bonds is of much interest to the market. RBI Governor Shaktikanta Das’s policy statement
Micromanagement of Banks Not Current – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/micromanagement-of-banks-not-current/articleshow/85047364.cmsSynopsis The Reserve Bank of India’s (RBI) move to defer the implementation of its rules on current account openings by banks to October 31
The Sensex joins the space race – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/the-sensex-joins-the-space-race/articleshow/85047381.cmsSynopsis Diversification — parachute small investors need It is tempting to infer the collective wisdom of the crowds milling around on the stock market predicting a
Decoding the factors behind the popularity of crypto among corporates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/decoding-the-factors-behind-the-popularity-of-crypto-among-corporates/articleshow/84973742.cms?utm_source=Desktop&utm_medium=HP_ETSpecials&utm_campaign=DPSynopsis Cryptocurrency and blockchain technologies were a relatively small and sophisticated niche of the tech industry – preserving the nerds. Companies didn’t have the
Inflation risks | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/inflation-risks-121080301969_1.html RBI should give a near-term road map for policy normalisation Most economists do not expect the Monetary Policy Committee (MPC) to change either the policy
India will be short of 3.5 million cybersecurity jobs by year-end | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-will-be-short-of-3-5-million-cybersecurity-jobs-by-year-end-121080301933_1.html According to a study by job portal Indeed, cybersecurity jobs saw a jump of 6 per cent in May 2020, just when Covid-19
Nexus could be banking’s next big thing, inspired by Indian payments system | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nexus-could-be-banking-s-next-big-thing-inspired-by-indian-payments-system-121080400133_1.html Nexus will be like a world wide web of payments, a set of rules any country can adopt. Nexus could make international wire