Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/run-a-business-there-are-26134-ways-you-can-go-to-jail/articleshow/86602132.cms SynopsisBusinesses, irrespective of their size, have to deal with complex laws, arbitrary compliances and too much discretionary powers of the bureaucracy. As a
Category: Industry
SEBI tightens norms for related-party transactions – BusinessToday
lipped from: https://www.businesstoday.in/markets/top-story/story/sebi-tightens-norms-for-related-party-transactions-307888-2021-09-28 Move aimed at safeguarding interests of minority shareholders; prior shareholder approval must in certain situations The board of the regulatory body, which met
Highway of the future spoilt for choice – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/highway-of-the-future-spoilt-for-choice/article36719071.ece While pushing electric vehicles, the government is also keeping all other alternative fuel options open The future is electric. That’s the given wisdom
Auditors’ auditor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/nfra-is-a-systemically-important-regulator-it-needs-an-independent-professional-as-its-head/article36719148.ece NFRA is a systemically important regulator. It needs an independent professional as its head The National Financial Reporting Authority (NFRA) will be headless
Include turnover, debt in Ind AS norms: NFRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/include-turnover-debt-in-ind-as-norms-nfra/article36722180.ece?homepage=true The National Financial Reporting Authority wants the criteria for mandatory applicability of Indian Accounting Standards (Ind AS) changed and expanded to cover aspects
To check freak trades, NSE does away with stop loss-market order in options – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/to-check-freak-trades-nse-does-away-with-stop-loss-market-order-in-options/article36722887.ece?homepage=true This facility will, however, continue for futures In a move that could partially address concerns over frequent freak trades, the National Stock Exchange
Sebi to tweak fit and proper criteria; approves launch of silver ETFs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-to-tweak-fit-and-proper-criteria-approves-launch-of-silver-etfs-121092801456_1.html Markets regulator Sebi has decided to tweak the criteria for determining ‘Fit and Proper Person’ and given its approval for the launch of
Sebi relaxes superior voting rights criteria, amends delisting rules – The Financial Express
Clipped from: https://www.financialexpress.com/market/new-norms-sebi-relaxes-superior-voting-rights-criteria-amends-delisting-rules/2339887/ The existing provisions required that an SR shareholder should not be part of a promoter group with a net worth more than Rs
PLI scheme for textiles sector: Only mfg firms registered in India to be eligible for sops – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-scheme-for-textiles-sector-only-mfg-firms-registered-in-india-to-be-eligible-for-sops/article36707327.ece?homepage=true Only one company of a group will be allowed to be registered for PLI for Textiles Only manufacturing companies registered in India will
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
NCLT allows Future Group to hold EGMs to sell businesses to Reliance | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nclt-allows-future-group-to-hold-egms-to-sell-businesses-to-reliance-121092800934_1.html The deal would consolidate Mukesh Ambani’s position in the Indian retail industry, which is witnessing huge investments by multinational players like Amazon and
Sebi board clears frameworks for gold, social stock exchanges | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-board-approves-framework-for-gold-exchange-121092801007_1.html The instruments representing gold will be called Electronic Gold Receipts (EGRs) and will be notified as securities; Sebi board also approves proposal to
22,000 compliances reduced, 103 offences decriminalised: Government – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/22000-compliances-reduced-103-offences-decriminalised-government/articleshow/86586972.cmsSynopsis With the aim to simplify, decriminalize & remove redundant laws, India has undertaken a massive exercise to reduce burdensome compliances. India has reduced more
Despite govt’s relief package, questions remain over Voda Idea’s survival | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/despite-govt-s-relief-package-questions-remain-over-voda-idea-s-survival-121092601052_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 As of now, there’s no clarity on whether the government stake would be limited to 26 per cent or if it could go
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
CCI fines United Breweries Rs 750 cr for indulging in cartelisation – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/cci-fines-united-breweries-rs-750-cr-for-indulging-in-cartelisation-307565-2021-09-24 While UBL and CIPl have been fined Rs 750 crore and Rs 120 crore respectively, penalty has been waived off for AB InBev
Jio, Airtel gain subscribers in July, Voda Idea loses 14.3 lakh users: Trai data – BusinessToday
Clipped from: https://www.businesstoday.in/industry/telecom/story/jio-airtel-gain-subscribers-in-july-voda-idea-loses-143-lakh-users-trai-data-307459-2021-09-23 Reliance Jio’s market share in terms of wireless subscribers was the highest at 37.34 per cent in July, followed by Bharti Airtel at
China’s Evergrande Group bondholders in limbo over debt resolution | Business Standard News
Clipped from: https://www.business-standard.com/article/international/china-s-evergrande-group-bondholders-in-limbo-over-debt-resolution-121092400163_1.html The company has run short of cash to fund its $305 billion in debts and markets are worried that a collapse could pose
Government should consider the introduction of an automobile Dealers’ Protection Act – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-government-should-consider-the-introduction-of-an-automobile-dealers-protection-act/articleshow/86463703.cmsSynopsis The Indian automobile industry is a ₹8.2 lakh crore industry, and its turnover constitutes 6.4% of overall GDP, 20% of industrial GDP and
Accounting regulator raps ‘EY arm’s’ audit of IL&FS firm – The Hindu
Clipped from: https://www.thehindu.com/business/accounting-regulator-raps-ey-arms-audit-of-ilfs-firm/article36638737.ece ‘Understatement of losses runs up to more than ₹2,000 crore’ The National Financial Reporting Authority (NFRA) has rapped ‘EY group firm’ SRBC &
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