Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/new-greater-role-for-independent-directors/articleshow/84121698.cmsSynopsis It is welcome that Sebi has thoroughly revised its stipulations for independent directors (ID) so as to boost oversight and corporate governance across
Category: Industry
Losses to continue for few years but e-grocers playing for big profits – The Financial Express
Clipped from: https://www.financialexpress.com/industry/losses-to-continue-for-few-years-but-e-grocers-playing-for-big-profits/2283799/ Goldman Sachs expects grocery to be the biggest driver of incremental gowth, with a 44% contribution to incremental e-commerce gross merchandise value (GMV)
Tata Motors to remain sharply focused on high-growth segments of the market | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/tata-motors-to-remain-sharply-focused-on-high-growth-segments-of-the-market-121070400579_1.html Encouraged by turnaround in passenger vehicle business in terms of volumes, market share and brand recall, the firm is no longer in a
Plastic exports may jump 20-25 pc in FY22: PLEXCONCIL Chairman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/plastic-exports-may-jump-20-25-pc-in-fy22-plexconcil-chairman/article35130829.ece?homepage=true Says Government support needed The country’s plastic exports are expected to grow 20-25 per cent to USD 12 billion in the current fiscal
Unsold housing inventory dips to a 24-month low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/unsold-housing-inventory-dips-to-a-24-month-low/article35137469.ece RBI’s FSR attributes sales to pent-up demand, stamp duty cuts, interest rate drop In an indication that the worst may be over for
Financial Bites: How to use leverage ratios to sniff out company’s financial riskiness – The Financial Express
Clipped from: https://www.financialexpress.com/money/financial-bites-how-to-use-leverage-ratios-to-sniff-out-companys-financial-riskiness/2283324/ Leverage ratios such as debt to equity ratio, debt to asset ratio, interest coverage ratio, and debt service coverage ratio offers a deep
Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amazon-tata-say-indian-govt-e-commerce-rules-will-hit-businesses-report-121070300907_1.html Govt’s tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country’s online retailers Amazon.com
CBDT issues rules for taxing partnership companies in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cbdt-issues-rules-for-taxing-partnership-companies-in-india/articleshow/84091536.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Central Board of Direct Taxes (CBDT) has said that capital assets, money or stock in trade received by a partner in a
Will raise funds soon, says Vodafone-Idea’s Managing Director Ravinder Takkar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/will-raise-funds-soon-says-vodafone-ideas-managing-director-ravinder-takkar/articleshow/84084488.cmsSynopsis Vi has already paid Rs 7,854 crore to the Department of Telecommunications (DoT) and has to pay Rs 9,000 crore in March 2022,
Jet Airways resolution: Shares to remain listed, new owners propose FPO – The Financial Express
Clipped from: https://www.financialexpress.com/industry/jet-airways-resolution-shares-to-remain-listed-new-owners-propose-fpo/2282331/ The consortium will invest a maximum sum of Rs 600 crore in the equity of the airline which will give them 89.79% stake
Towards better governance | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/towards-better-governance-121070100029_1.html New norms for independent directors need strict monitoring The Securities and Exchange Board of India (Sebi) has made several important changes to regulations
Sebi’s new rules for independent directorship can help dilute promoters’ control over boards – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/sebis-new-rules-for-independent-directorship-can-help-dilute-promoters-control-over-boards/2281518/ The requirement of a special resolution for reappointment/ removal of an independent director dilutes promoters’ control Among the biggest instances of fraud have
HDFC: I do not see any major disruption in the housing finance sector: Keki Mistry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/i-do-not-see-any-major-disruption-in-the-housing-finance-sector-keki-mistry/articleshow/84014217.cmsSECTIONSI do not see any major disruption in the housing finance sector: Keki MistryLast Updated: Jul 01, 2021, 01:44 PM ISTSynopsis “I do not
Season of IPOs: After 5 in June, it’s 11 in July – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/season-of-ipos-after-5-in-june-its-11-in-july/articleshow/84005586.cms SynopsisThe parent company of Naukri.com owns about 18.5% of Zomato and will sell shares worth $100 million in the IPO. Mumbai: July is
foreign trade policy: With $200 billion in exports, this sector deserves a special focus in the upcoming Foreign Trade Policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/with-200-billion-in-exports-this-sector-deserves-a-special-focus-in-the-upcoming-foreign-trade-policy/articleshow/84008359.cms SynopsisIndia wants to do $1 trillion in exports by 2025 and the services sector can be a huge contributor to this target. But
Investors unwilling to invest in telco untill industry health improves: Voda Idea to DoT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/investors-unwilling-to-invest-in-telco-untill-industry-health-improves-voda-idea-to-dot/articleshow/84017742.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a letter to the Department of Telecommunications (DoT) dated June 25, the mobile phone company said that due to the adjusted gross
Auditor doubts Voda Idea’s ability to remain a ‘going concern’; analysts see 48% drop in stock – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/auditor-doubts-voda-ideas-ability-to-remain-a-going-concern-analysts-see-48-drop-in-stock/articleshow/84010793.cmsSynopsis The streak of losses made the auditor of the telecom operator raise concerns over the telco’s ability to remain a ‘going concern’. Analysts
Informants to get up to Rs 10 crore reward under Sebi’s prohibition of insider trading norms | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/informants-to-get-up-to-rs-10-crore-reward-under-sebis-prohibition-of-insider-trading-norms-1002907.html The changes are aimed at streamlining the process of reward payment and to enhance the quantum of reward under the informant mechanism The
SEBI moves to empower independent directors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-moves-to-empower-independent-directors/article35044704.ece?homepage=true Overhauls rules on appointment, removal of IDs In a bid to empower independent directors of listed companies, market regulator SEBI has overhauled rules
All you need to know about Meme stocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-need-to-know-about/article35023447.ece Meme stocks, what many believed was a pandemic-induced diversion, seems to be staying on as a trend. Beginning with AMC Entertainment, GameStop and