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
Category: Industry
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
White goods, solar modules get Rs 10,738 crore worth of PLI push | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/white-goods-solar-modules-get-rs-10-738-crore-worth-of-pli-push-121040800121_1.html While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar
PLI scheme for air conditioners fails to excite local manufacturers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-for-air-conditioners-fails-to-excite-local-manufacturers-121040800105_1.html Lack of incentive for incremental assembly may delay investments Leading consumer durables manufacturers said it will help in growing the local AC manufacturing
Vehicle scrappage: Mahindra & Mahindra teams up with MMRPL – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/vehicle-scrappage-mahindra-mahindra-teams-up-with-mmrpl/article34261409.ece To offer customers an end-to-end solution Mahindra & Mahindra on Wednesday said it has signed an MoU with Mahindra MSTC Recycling Private Limited
Policybazaar plans Mumbai IPO filing next month – The Economic Times
lipped from: https://economictimes.indiatimes.com/tech/startups/policybazaar-plans-mumbai-ipo-filing-next-month/articleshow/81952106.cmsSynopsis The Policybazaar IPO, which could value the online insurance startup at over $3.5 billion, would involve new stocks and secondary shares from existing
Raining unicorns: E-pharmacy sector churns out first unicorn; PharmEasy hits milestone with 350M funding – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/raining-unicorns-e-pharmacy-sector-churns-out-first-unicorn-pharmeasy-hits-milestone-with-350m-funding/2228783/ PharmEasy is the seventh unicorn of 2021 after Infra.Market, Five Star Finance, Meesho, Digit Insurance, Innovaccer, and Cred hit the milestone earlier this
Realtors welcome RBI policy; urge apex bank to boost liquidity in housing sector – The Financial Express
Clipped from: https://www.financialexpress.com/money/realtors-welcome-rbi-policy-urge-apex-bank-to-boost-liquidity-in-housing-sector/2228800/ Samantak Das, Chief Economist and Head of Research & REIS, JLL India, said the resurgence of the pandemic and resultant concerns of its
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