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
Category: Industry
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
Energising solar module manufacture – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/energising-solar-module-manufacture/article34337665.ece?homepage=true The recently announced PLI scheme for this sector must be dovetailed with the host of other incentives, especially for MSMEs As part of
Sebi tells new PE and venture capital funds to keep it simple – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-tells-new-pe-and-venture-capital-funds-to-keep-it-simple/articleshow/82108095.cms SynopsisThe Securities & Exchange Board of India (Sebi) has asked several PE and VC applicants to “confirm whether any provision in the private
Privatisation push: Centre considers bringing PSBs under Companies Act | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/privatisation-push-centre-considers-bringing-psbs-under-companies-act-121041700027_1.html Changes are likely to be introduced in the Monsoon Session In the Union Budget 2021-22, Finance Minister Nirmala Sitharaman announced privatisation of two
E-commerce bound to grow, modern retail channels to bounce back in small format: HUL CMD Sanjiv Mehta – The Financial Express
Clipped from: https://www.financialexpress.com/industry/e-commerce-bound-to-grow-modern-retail-channels-to-bounce-back-in-small-format-hul-cmd-sanjiv-mehta/2234047/ The e-commerce sector would grow not only due to the sheer convenience it offers but also for the assortment it provides, Mehta said
Amazon tells Indian court – Reuters story is no reason to resume antitrust probe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/amazon-tells-indian-court-reuters-story-is-no-reason-to-resume-antitrust-probe/articleshow/82089332.cmsSynopsis The Reuters report showed the U.S. firm gave preferential treatment to a small group of sellers on its platform, sidestepping foreign investment rules
Global semiconductor shortage could last till first half of FY22, hurt automobile industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/global-semiconductor-shortage-could-last-till-first-half-of-fy22-hurt-automobile-industry/articleshow/82106822.cmsSynopsis While demand in the local market is expected to remain strong due to pent-up demand, consumer preference for personal mobility solutions and increased
Power sector revival requires structural changes: Brickwork ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/power-sector-revival-requires-structural-changes-brickwork-ratings/article34334308.ece?homepage=true Around 60 GW thermal power capacity under stress The revival of the country’s power sector requires meaningful structural changes, targeting an improvement in
Restrained by COVID-19: Auditors ask management to confirm certain sales, debt, physical verification of inventory – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/restrained-by-covid-auditors-ask-for-managements-assurance/articleshow/82090788.cms Synopsis–Auditors are raising questions around the authenticity of sales, inventory and debtors in the financials of several companies, say insiders. Auditors have to
Big hospitality players’ revenue may decline 65% in FY21: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/big-hospitality-players-revenue-may-decline-65-in-fy21-report/articleshow/82105188.cmsSynopsis The agency expects sentiments to improve in the seasonal peak of the second half of FY22, however, the situation is still evolving, with
It is time for SMEs to tech up – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/it-is-time-for-smes-to-tech-up/2234017/ How technology will help revive small businesses impacted by the pandemic Let’s look at access to lending capital. By Porush Singh As the
Tracking the economic impact of the second wave – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/tracking-the-economic-impact-of-the-second-wave/2233955/ Lockdowns have become more stringent, reducing mobility, but signals on non-mobility indicators are more mixed This suggests that the economy is currently tracking
Large sellers are the key for e-comm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/large-sellers-are-the-key-for-e-comm/article34328665.ece They source an array of goods from MSMEs. The notion that they hinder small sellers is misplaced The National E-Commerce Policy has been
What exactly is Atmanirbhar Bharat? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/what-exactly-is-atmanirbhar-bharat/article34328520.ece Unless Atmanirbharta is defined properly, the BJP government will fail to effectively implement its economic philosophy It is not protectionism. It is not
India Inc bracing for lockdown 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-inc-bracing-for-lockdown-20/article34329682.ece Larger companies ready with plans to face disruptions; smaller firms may bear the brunt Hundreds of companies across different sectors including manufacturing, textile,
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