Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/directors-competencies-a-tall-order-for-india-inc/articleshow/85202226.cmsSynopsis There has to be a change in mindset while cos are determining who their IDs should be. SEBI’s order included an elaborate and
Category: Industry
The LLP ecosystem has been revitalised – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-llp-ecosystem-has-been-revitalised/article35821492.ece The decriminalisation of minor defaults and addition of new concepts should incentivise limited liability partnerships Rabindranath Tagore in his immortal poem Gitanjali had written: “Where
Not able to comply with peak margin rules: Brokers tell SEBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/not-able-to-comply-with-peak-margin-rules-brokers-tell-sebi/article35823153.ece Many components of margin levied or to be increased are excessive, bear low correlation to risk and, can damage the growth of the
SAT’s split verdict leaves PNB-Carlyle deal in limbo; case may go to apex court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sats-split-verdict-leaves-pnb-carlyle-deal-in-limbo-case-may-go-to-apex-court/article35823562.ece One judge said SEBI was right to ask for valuation of PNB HFC, other said no need The ₹4,000-crore deal involving PNB Housing
The foreign stimulus | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-foreign-stimulus-121080901997_1.html With foreign money pouring into the start-up universe, the economy may finally get the stimulus that the government was unable to provide The
Tata group is looking to enter semiconductor manufacturing: Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-group-is-looking-to-enter-semiconductor-manufacturing-chandrasekaran-121081000066_1.html Tata group chairman’s remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their
Build an indigenous semiconductor base – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/build-an-indigenous-semiconductor-base/articleshow/85188103.cmsSynopsis Today, America and China are locked in a battle over microelectronics. The US wants to slow down, if not choke off, China’s access
Supreme Court says antitrust probe of Amazon, Walmart’s Flipkart should continue – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/supreme-court-says-antitrust-probe-of-amazon-walmarts-flipkart-should-continue/articleshow/85174131.cmsSynopsis The Competition Commission of India (CCI) ordered the investigation against the companies last year for allegedly promoting select sellers on their e-commerce platforms
A fair deal for minority shareholders | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/a-fair-deal-for-minority-shareholders-1017671.html The ‘independence’ of independent directors is questionable as they are unlikely stand up for minority interests against the promoter Representative Image. Credit: iStockPhoto
All about control – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/all-about-control/article35802622.ece SEBI has overlooked key issues in shifting compliance onus from “promoter” to “controlling shareholder” The Securities Exchange Board of India (SEBI) has approved
Banks stare at higher provisioning as Voda-Idea singes books – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-stare-at-higher-provisioning-as-voda-idea-singes-books/article35803722.ece?homepage=true Banks may go for pre-emptive provisioning in the next couple of quarters to insulate their balance sheet from the possible impact of troubles
Investors plan to drag SEBI to SAT – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/investors-plan-to-drag-sebi-to-sat/article35804000.ece?homepage=true Allege violations by the fund were impossible without the knowledge of SEBI officials Investors of Franklin Templeton Mutual Fund (FTMF) will drag the
Sebi amends rules to empower independent directors – The Financial Express
lipped from: https://www.financialexpress.com/market/sebi-amends-rules-to-empower-independent-directors/2306651/ The regulator has modified the composition of nomination and remuneration committee to include two-third independent directors in the panel against the earlier of
Sebi board clears new norms for share-based employee benefits, other proposals – The Hindu
Clipped from: https://www.thehindu.com/business/markets/sebi-board-clears-new-norms-for-share-based-employee-benefits-other-proposals/article35768555.ece Markets watchdog Sebi on Friday cleared a slew of proposals, including new regulations for share-based employee benefits and sweat equity, as well as
Sidbi: SIDBI launches Swavalamban Challenge Fund to promote entrepreneurship – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/sidbi-launches-swavalamban-challenge-fund-to-promote-entrepreneurship/articleshow/85093495.cmsSynopsis A challenge fund is a fund support mechanism to allocate funds for specific purposes using competition among organisations. Small Industries Development Bank of
Capital markets reforms: Sebi ushers in next generation reforms in capital markets, promoter definition – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-ushers-in-next-generation-reforms-in-capital-markets-promoter-definition/articleshow/85126699.cmsSynopsis The Sebi board has rolled out two very significant changes – first, the reduction in lock-in periods for minimum promoters’ contribution and for
MCA eases the path for foreign firms raising money in Gift-City – The Hindu BusinessLine
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
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 defers deadline to meet financial parameters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-defers-deadline-to-meet-financial-parameters/article35768691.ece?homepage=true Move will offer ‘significant’ relief to corporate borrowers, say experts With the second wave of the Covid-19 pandemic creating a fresh set of
Reserve Bank of India gives corporate borrowers 6 more months to meet debt recast guidelines – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/reserve-bank-of-india-gives-corporate-borrowers-6-more-months-to-meet-debt-recast-guidelines/2306130/ Vivek Iyer, partner and national leader-financial services risk advisory, Grant Thornton Bharat, said, “We need to be patient and study how the coming