Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-wants-rights-issue-refunds-to-be-fast-tracked/article34395414.ece Extends relaxation in procedures till September-end The Securities and Exchange Board of India (SEBI) has issued guidelines to fast-track refund for un-allotted and
Category: Industry
digital economy: Backbone of digital economy, the global chip shortage is a clear warning for India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/security-tech/technology/backbone-of-digital-economy-the-global-chip-shortage-is-a-clear-warning-for-india/articleshow/82191540.cms Synopsis–India has negligible manufacturing presence in the most vital cog of the digital world. From your gaming console to your cars. From your
Indiabulls Housing Finance to change its avatar, become originator of loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indiabulls-housing-finance-to-change-its-avatar-become-originator-of-loans/articleshow/82199995.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Managing director Gagan Banga said the company has taken a conscious decision to no longer expand its balance sheet but instead earn income
HDFC-Indiabulls Housing co-lending partnership: Is it a prelude to something bigger? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/hdfc-ibhfl-co-lending-partnership-is-it-a-prelude-to-something-bigger/article34382588.ece?homepage=true It is to be noted that there are no specific RBI guidelines governing co-lending by two NBFCs Is the co-lending partnership between Housing
Shree Cement promoters under scanner for ‘acquiring shares at steep discount’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/shree-cement-promoters-under-scanner-for-acquiring-shares-at-steep-discount/article34387032.ece?homepage=true Promoters cornered shares in related party deal without seeking minority shareholders nod, says InGovern Promoters of Shree Cement have come under the scanner
‘Zoho is helping restore the talent where it belongs– villages’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/zoho-is-helping-restore-the-talent-where-it-belongs-villages/article34383325.ece?homepage=true “Concentration of jobs in cities has taken away talented youth from the villages,” says Sridhar Vembu, CEO and Co-founder, Zoho Corp Setting up
Rights issue: New guidelines put in place on refund of un-allotted, partially allotted applications – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/rights-issue-new-guidelines-put-in-place-on-refund-of-un-allotted-partially-allotted-applications/article34386575.ece The refund for un-allotted/partial allotted application has to be completed on or before T+1 day Markets regulator Sebi on Thursday came out with
E-commerce is a great ally for MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/e-commerce-is-a-great-ally-for-msmes/2237735/ How B2B e-commerce is easing GST compliance for MSMEs It is here that e-commerce platforms can help MSMEs ease their GST compliance issues.
Health Insurance: From applying to receiving policy document, entirely online – The Financial Express
Clipped from: https://www.financialexpress.com/money/health-insurance-from-applying-to-receiving-policy-document-entirely-online/2237440/ Make sure that the policy documents that have been sent digitally, contains all the schedules, terms and conditions, benefits, etc. that are otherwise
Green Vehicle Rating: India’s first two-wheeler ratings based on environmental performance – The Financial Express..
Clipped from: https://www.financialexpress.com/auto/bike-news/green-vehicle-rating-indias-first-two-wheeler-ratings-based-on-environmental-performance/2237265/ The GVR website allows a buyer a model to model comparison of the vehicle, the Real Cost of Ownership, damage cost, emissions levels
Commercial vehicles can be scrapped even before 15 years: Road Ministry’s draft – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/commercial-vehicles-can-be-scrapped-even-before-15-years-road-ministrys-draft/article34349212.ece This will be determined based on automated testing of the vehicle Automated testing of a vehicle and its results will define whether a
Hotels across segments to take over 2 years to recover from pandemic: Study | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hotels-across-segments-to-take-over-2-years-to-recover-from-pandemic-study-121041800585_1.html Consulting firm Hotelivate expects daily rates and occupancy to remain depressed Photo: Shutterstock The operational performance of hotels in India across the categories including luxury,
Rising Covid-19 cases may delay the recovery in new leasing activity: ICRA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/rising-covid-19-cases-may-delay-the-recovery-in-new-leasing-activity-icra/articleshow/82145079.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The share of employees continuing to work-from-home may remain elevated in the near term, owing to the health risks. Without immediate visibility on
local medtech manufacturing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/pulse/a-scheme-to-boost-local-medtech-manufacturing/article34350307.ece The scheme to boost local medtech manufacturing is timely, especially given the raging pandemic. But regulatory clarity is vital ‘Make in India for
Rethinking the role, liability of independent directors – The Hindu BusinessLine–*****
Clipped from: https://www.thehindubusinessline.com/business-laws/rethinking-the-role-liability-of-independent-directors/article34352816.ece Neutrality and professional repute can give a board a new paradigm of thinking through an ‘independent director’. The Board of Directors is in
Fixing mis-selling – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fixing-mis-selling/article34351308.ece SEBI’s YES Bank order raises the issue of why so few cases of financial mis-selling attract action Retail investors buying into risky products
Individual CAs/firms cannot retain two consecutive audit rotation cycles – The Hindu BusinessLine–*****
lipped from: https://www.thehindubusinessline.com/companies/individual-casfirms-cannot-retain-two-consecutive-audit-rotation-cycles/article34352425.ece?homepage=true A proprietary CA firm or an individual chartered accountant will no longer find it easy to retain the audit mandate in a company
Pandemic takes the glitz out of luxury hotels as business traveling is crippled – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/pandemic-takes-the-glitz-out-of-luxury-hotels-as-business-traveling-is-crippled/articleshow/82125011.cms Synopsis–New projects around the country will reduce the dependence on big city hotels to about 59% by FY25-26. Five years ago, the number
DPIIT notifies PLI scheme for ACs, LED lights; mere assembly of finished goods not to be incentivised – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/dpiit-notifies-pli-scheme-for-acs-led-lights-mere-assembly-of-finished-goods-not-to-be-incentivised/articleshow/82114195.cmsSynopsis Earlier this month, the government approved a production linked incentive (PLI) scheme for white goods – Air Conditioners (ACs) and LED Lights –
SEBI issues notice to Fortis Healthcare subsidiary over diversion of funds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-issues-notice-to-fortis-healthcare-subsidiary-over-diversion-of-funds/article34337811.ece?homepage=true Former promoters Singh brothers allegedly siphoned-off ₹500 crore Leading hospital chain Fortis Healthcare (FHL) disclosed on Friday that its subsidiary, Escorts Heart Institute
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