Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-these-ministries-get-maximum-delayed-payment-complaints-by-msmes-amount-involved-crosses-rs-350-crore/2295000/ Credit and Finance for MSMEs: MSEFCs are essentially dispute settlement units established by state governments in their respective geographies to address delayed payments
Category: ART
On banks and RTI: SC hearing issue again. More financial disclosures will balance privacy & transparency
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/on-banks-and-rti-sc-hearing-issue-again-more-financial-disclosures-will-balance-privacy-transparency/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Insolvency and Bankruptcy Code is broken. It needs to be fixed, immediately – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/insolvency-and-bankruptcy-code-is-broke-it-needs-to-be-fixed-immediately/articleshow/84595207.cmsSynopsis While 4,540 insolvency cases have been admitted for Corporate Insolvency Resolution Process (Cirp), significant recovery has materialised only in a handful of cases,
zomato IPO: View: Why I didn’t invest in the Zomato IPO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-i-didnt-invest-in-the-zomato-ipo/articleshow/84531384.cmsSynopsis Zomato IPO was priced at 26 times its annual revenue, Uber’s 8 times and Just Eat’s 10 times, possibly making the former the
Sustainable agriculture: Why it is more imp now than ever – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/sustainable-agriculture-why-it-is-more-imp-now-than-ever-301754-2021-07-19 Modern agri-tech firms can be instrumental in empowering farmers, promote sustainable agricultural practices, reduce crop wastages, deepen domestic and international market linkages along
Gratuity nomination: Who you can, cannot nominate and how to do it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/gratuity-nomination-who-you-can-cannot-nominate-and-how-to-do-it/articleshow/84543891.cmsSynopsis Here is a look at what the law states about, who can be nominated in case of gratuity, how the nomination must be
U GRO Capital launches Pratham, a MSME co-lending program with Bank of Baroda – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/u-gro-capital-launches-pratham-a-msme-co-lending-program-with-bank-of-baroda/articleshow/84605750.cmsSynopsis A wide range of MSMEs including the recently added wholesale & retail traders under priority sector can avail credit via this program. U GRO
An open letter to new IT and telecom minister Ashwini Vaishnaw – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/a-letter-to-ashwini-vaishnaw/articleshow/84561625.cmsSynopsis Finally, coming to telecom, the two major issues are the entire adjusted gross revenue (AGR) mess. So that we are not reduced to
On banks and RTI: SC hearing issue again. More financial disclosures will balance privacy & transparency
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/on-banks-and-rti-sc-hearing-issue-again-more-financial-disclosures-will-balance-privacy-transparency/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Little room for big fiscal expansion: Finance Secretary TV Somanathan – The Financial Express
Clipped from: https://www.financialexpress.com/economy/little-room-for-big-fiscal-expansion-finance-secretary-tv-somanathan/2294503/ According to the official, even if some more relief measures are unveiled in the wake of the third Covid wave, the deficit could
Hope fades for PSBs | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/hope-fades-for-psbs-121072001639_1.html Govt cannot keep infusing capital perpetually Public sector banks (PSBs) are reported to have written off about Rs 8 trillion worth of loans
LIC Housing Finance approaches SAT on issue of preference shares to LIC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/lic-housing-finance-approaches-sat-on-issue-of-preference-shares-to-lic/article35432237.ece Exchanges had sought clarification on pricing LIC Housing Finance has approached the Securities Appellate Tribunal over the company’s preferential allotment of shares to
Co-operative societies: Supreme Court quashes part of 97th amendment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/sc-quashes-part-of-97th-amendment/article35432274.ece Move a major boost to federalism In a major boost to federalism, the Supreme Court, on Tuesday, struck down parts of a Constitutional
Collateral margin: Bourses told to keep client-wise record to check fund misuse – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/collateral-margin-bourses-told-to-keep-client-wise-record-to-check-fund-misuse/article35429447.ece?homepage=true Individuals can now see their collateral in dedicated portal Two decades after margin collection by brokers for derivatives trading came into play, SEBI
Baby steps forward in divestment process – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/baby-steps-forward-in-divestment-process/article35429328.ece?homepage=true Air pocket Air India’s humungous debt is stalling its disinvestment – REUTERS Air pocket Air India’s humungous debt is stalling its disinvestment –
Card games – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/faced-with-non-compliance-with-its-regulations-the-rbi-had-little-choice-but-to-crack-down-on-mastercard/article35429435.ece?homepage=true The central bank has taken a dim view of Mastercard’s non-compliance – REUTERS The central bank has taken a dim view of Mastercard’s
Senior citizens, parents can get over Rs 10,000 for maintenance! Bill on Modi Govt’s agenda – 5 Key points – The Financial Express
Clipped from: https://www.financialexpress.com/money/senior-citizens-parents-can-get-over-rs-10000-for-maintenance-bill-on-modi-govts-agenda-5-key-points/2293142/ Monsoon Session 2021: The Union Government is likely to take up to The Maintenance & Welfare of Parents & Senior Citizens (Amendment) Bill,
Your Queries (Income Tax): Report mutual fund dividends as ‘income from other sources’ in ITR – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-report-mutual-fund-dividends-as-income-from-other-sources-in-itr/2293614/ Income from dividends is classified as income from ‘Other Sources’, accordingly, for AY 2021-22, the same may be reported in ‘Schedule OS’, under
Sebi’s new non-financial disclosure norms to help investors gauge firms’ biz sustainability – The Financial Express
Clipped from: https://www.financialexpress.com/market/sebis-new-non-financial-disclosure-norms-to-help-investors-gauge-firms-biz-sustainability/2293670/ The ministry of corporate affairs’ (MCA) aim is to make BRSR reporting format a single source for all non-financial disclosures. Besides, it seeks
Making independent directors truly independent – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/making-independent-directors-truly-independently/2293710/ A ratings-based algorithm that recommends potential independent directors to companies can help The problem is that, very often, there is incentive to control
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