Clipped from: https://www.thehindubusinessline.com/money-and-banking/pli-scheme-mobile-phone-makers-findit-difficult-to-meet-the-target-for-2022-too/article34303544.ece?homepage=true They face supply chain disruptions amid the global shortage in semiconductors Owing to pandemic-related challenges and supply chain disruptions amid the global shortage
Category: Industry-Company-Company Act related news
Crisis looming in handloom sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/crisis-looming-in-handloom-sector/article34304248.ece?homepage=true If the industry does not leverage technology and digital platforms, the fortunes of the weavers would only worsen Handlooms in India have a
Franklin seeks to settle probe; SEBI not seen accepting offer – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/franklin-seeks-to-settle-probe-sebi-not-seen-accepting-offer/article34304892.ece?homepage=true Franklin Templeton Mutual Fund (FTMF) has offered to pay a fine and ‘settle’ its ongoing investigations with market regulator SEBI, sources told BusinessLine. SEBI
Board rules for fair play | Business Standard Column
Corporate India may not be too thrilled, but Sebi’s proposals on independent directors are good for India’s governance credentials The Securities and Exchange Board of
MCA eyes revamp of compliance regime – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-eyes-revamp-of-compliance-regime/articleshow/82037786.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A senior government official told ET that the new system with these features would be rolled out from October. It will significantly bring
Nuts and bolts of PLI in manufacturing – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/nuts-and-bolts-of-pli-in-manufacturing/article34296394.ece Production-linked incentive should promote core, high-tech value addition rather than mere assembling of imported parts–CLICK TO READ FURTHER
Your Money: What EBITDA and EBIT tell about a firm’s performance – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-what-ebitda-ebit-tell-about-a-firms-performance/2230260/ We need to know the application of EBITDA & EBIT to arrive at a correct valuation of firms The operating revenue for TL
Sebi’s delay makes RIL order absurd | Business Standard Column
Sebi’s delay makes RIL order absurd | Business Standard Column https://www.business-standard.com/article/opinion/sebi-s-delay-makes-ril-order-absurd-121041100918_1.html In January 2000, the promoters of Reliance Industries Ltd (RIL), and other entities acting
What is Rights Entitlement of shares? How investors can benefit or lose money; all you need to know – The Financial Express
Clipped from: https://www.financialexpress.com/market/what-is-rights-entitlement-of-shares-how-investors-can-benefit-or-lose-money-all-you-need-to-know/2230662/ Rights Entitlements of shares, the relatively new entrant in the Indian stock market, recently made news when India’s largest brokerage firm Zerodha reported
Tata-Mistry case: SC verdict puts spotlight on duties of nominee directors | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-mistry-case-sc-verdict-puts-spotlight-on-duties-of-nominee-directors-121040901446_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The Supreme Court’s observations in the Tata-Mistry case has raised questions about the fiduciary duties of nominee directors In its observations, the court
IBC: Can pre-packaged insolvency resolution under IBC be helpful for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/can-pre-packaged-insolvency-resolution-under-ibc-be-helpful-for-msmes/articleshow/81981074.cmsSynopsis The Code emphasizes on reorganization and insolvency resolution of the Corporate Debtor, while maximizing the value of assets of the CD and promoting
How to deal with related party transactions in unlisted firms? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-to-deal-with-related-party-transactions-in-unlisted-firms/articleshow/82012942.cmsSynopsis For larger economic stability, one cannot undermine the importance of sound governance in unlisted public companies for two reasons. Alby JosephIn the words
How to improve the quality of audit in Indian companies – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/how-to-improve-the-quality-of-audit-in-indian-companies/articleshow/82020322.cms Synopsis–‘Audit’ is derived from the Latin word ‘audire’, or ‘to hear’. Recently, it is not the hearing ability but the smell test and
As lockdown bites, transporters brace for revenue loss of $2.4 billion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/roadways/as-lockdown-bites-transporters-brace-for-revenue-loss-of-2-4-billion/articleshow/81980398.cms Truck rentals, which were firming up on improving trade, are also set to fall 6-8% in April, said the Indian Foundation for Transport
MCA moves NCLT against former management of CG Power – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/mca-moves-nclt-against-former-mgmt-of-cg-power/articleshow/82009037.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In 2019, the board of CG Power & Industrial Solutions had to restate its earnings after finding suspected fraudulent transactions by its chairman
Govt proposes to relax rooftop solar norms – The Financial Express
Clipped from: https://www.financialexpress.com/industry/govt-proposes-to-relax-rooftop-solar-norms/2230310/ The union power ministry on Friday released a draft amendment to the Rights of Consumer rules, which it had laid down in December,
Related Party Transactions – Section 188 of Companies Act, 2013
Related Party Transactions – Section 188 of Companies Act, 2013 https://taxguru.in/company-law/related-party-transaction-sections-188-companies-act-2013.html 1st Stage (Preliminary test) 1. Is it a transactio…. Read More
‘Amazon has driven MSME exports worth $3 b, created a million jobs in India’ – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/amazon-has-driven-msme-exports-worth-3-b-created-a-million-jobs-in-india/article34274037.ece Company claims it has digitised 2.5 m enterprises Our Bureau Last year at the inaugural Smbhav Summit, Amazon had announced an investment of
Dialling self-reliance via PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/dialling-self-reliance-via-pli-scheme/article34273860.ece Govt is rightly investing in telecom infrastructure, recognised as a key enabler for growth of the economy In November last year, the government
PLI scheme for textile almost ready: Irani – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-scheme-for-textile-almost-ready-irani/article34271939.ece National Textile Policy to strike balance between allocation and industry’s capacity to use resources The Textile Ministry is working towards reducing the industry’s
