https://www.thehindubusinessline.com/opinion/nuts-and-bolts-of-pli-in-manufacturing/article34296394.ece Production-linked incentive should promote core, high-tech value addition rather than mere assembling of imported parts–CLICK TO READ FURTHER
Category: Industry
Your Money: What EBITDA and EBIT tell about a firm’s performance – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-what-ebitda-ebit-tell-about-a-firms-performance/2230260/ We need to know the application of EBITDA & EBIT to arrive at a correct valuation of firms The operating revenue for TL
Sebi’s delay makes RIL order absurd | Business Standard Column
Sebi’s delay makes RIL order absurd | Business Standard Column https://www.business-standard.com/article/opinion/sebi-s-delay-makes-ril-order-absurd-121041100918_1.html In January 2000, the promoters of Reliance Industries Ltd (RIL), and other entities acting
What is Rights Entitlement of shares? How investors can benefit or lose money; all you need to know – The Financial Express
Clipped from: https://www.financialexpress.com/market/what-is-rights-entitlement-of-shares-how-investors-can-benefit-or-lose-money-all-you-need-to-know/2230662/ Rights Entitlements of shares, the relatively new entrant in the Indian stock market, recently made news when India’s largest brokerage firm Zerodha reported
Tata-Mistry case: SC verdict puts spotlight on duties of nominee directors | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-mistry-case-sc-verdict-puts-spotlight-on-duties-of-nominee-directors-121040901446_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The Supreme Court’s observations in the Tata-Mistry case has raised questions about the fiduciary duties of nominee directors In its observations, the court
IBC: Can pre-packaged insolvency resolution under IBC be helpful for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/can-pre-packaged-insolvency-resolution-under-ibc-be-helpful-for-msmes/articleshow/81981074.cmsSynopsis The Code emphasizes on reorganization and insolvency resolution of the Corporate Debtor, while maximizing the value of assets of the CD and promoting
How to deal with related party transactions in unlisted firms? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-to-deal-with-related-party-transactions-in-unlisted-firms/articleshow/82012942.cmsSynopsis For larger economic stability, one cannot undermine the importance of sound governance in unlisted public companies for two reasons. Alby JosephIn the words
How to improve the quality of audit in Indian companies – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/how-to-improve-the-quality-of-audit-in-indian-companies/articleshow/82020322.cms Synopsis–‘Audit’ is derived from the Latin word ‘audire’, or ‘to hear’. Recently, it is not the hearing ability but the smell test and
As lockdown bites, transporters brace for revenue loss of $2.4 billion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/roadways/as-lockdown-bites-transporters-brace-for-revenue-loss-of-2-4-billion/articleshow/81980398.cms Truck rentals, which were firming up on improving trade, are also set to fall 6-8% in April, said the Indian Foundation for Transport
MCA moves NCLT against former management of CG Power – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/mca-moves-nclt-against-former-mgmt-of-cg-power/articleshow/82009037.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In 2019, the board of CG Power & Industrial Solutions had to restate its earnings after finding suspected fraudulent transactions by its chairman
Govt proposes to relax rooftop solar norms – The Financial Express
Clipped from: https://www.financialexpress.com/industry/govt-proposes-to-relax-rooftop-solar-norms/2230310/ The union power ministry on Friday released a draft amendment to the Rights of Consumer rules, which it had laid down in December,
Related Party Transactions – Section 188 of Companies Act, 2013
Related Party Transactions – Section 188 of Companies Act, 2013 https://taxguru.in/company-law/related-party-transaction-sections-188-companies-act-2013.html 1st Stage (Preliminary test) 1. Is it a transactio…. Read More
‘Amazon has driven MSME exports worth $3 b, created a million jobs in India’ – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/amazon-has-driven-msme-exports-worth-3-b-created-a-million-jobs-in-india/article34274037.ece Company claims it has digitised 2.5 m enterprises Our Bureau Last year at the inaugural Smbhav Summit, Amazon had announced an investment of
Dialling self-reliance via PLI scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/dialling-self-reliance-via-pli-scheme/article34273860.ece Govt is rightly investing in telecom infrastructure, recognised as a key enabler for growth of the economy In November last year, the government
PLI scheme for textile almost ready: Irani – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-scheme-for-textile-almost-ready-irani/article34271939.ece National Textile Policy to strike balance between allocation and industry’s capacity to use resources The Textile Ministry is working towards reducing the industry’s
Amid semi-conductor shortage disruptions, second wave threat looms large on auto sector now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/auto-focus/amid-semi-conductor-shortage-disruptions-second-wave-threat-looms-large-on-auto-sector-now/article34278665.ece There is a concern that increasing cases might disturb mobility and consequently impact the demand for vehicles such as cars and two wheelers
China, US solar cos keen to set up units in India – PLI PULL: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/pli-pull-china-us-solar-cos-keen-to-set-up-units-in-india/articleshow/81979834.cms Synopsis–China-based LONGi Solar and Trina Solar, two of the world’s largest makers of solar wafers and modules, are in talks with Indian private
Govt to invite bids for solar PLI in two weeks – The Financial Express
As on date, the 3 giga-watt (GW) of cell manufacturing units and the 14 GW of domestic solar module makers have to import most of
Companies mandates to use software with audit trail of each transaction–tax guru
lipped from: https://taxguru.in/company-law/companies-mandates-use-software-audit-trail-each-transaction.html Companies (Accounts) Amendment Rules, 2021 MCA has vide its notification dated 24.03.2021 (Companies (Accounts) Amendment Rules, 2021) notifies that for the financial year commencing on
Using of Accounting Software having audit trail feature–tax guru
Clipped from: https://taxguru.in/company-law/accounting-software-audit-trail-feature.html The Ministry of Corporate Affairs, Government of India, issued notifications dated 24th March, 2021 to amend Companies (Accounts) Rules, 2014 to enhance the disclosures required to be made