Clipped from: https://www.thehindubusinessline.com/economy/accounting-software-mca-defers-mandatory-audit-trail-norm-by-1-year/article34221295.ece In a big breather for small and medium sized companies, the Corporate Affairs Ministry (MCA) has deferred by one year the implementation of
Category: Industry
Price recovery in residential real estate at least two years away: UBS – The Financial Express
Clipped from: https://www.financialexpress.com/industry/price-recovery-in-residential-real-estate-at-least-two-years-away-ubs/2225127/ Property pricing cycle recovery in Pune and Navi Mumbai should be faster than India’s top-seven cities in terms of housing revenue, followed by
Jana Small Finance Bank files DRHP to raise Rs 700 crore via fresh share issue – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/jana-small-finance-bank-files-drhp-to-raise-rs-700-crore-via-fresh-share-issue/2225230/ Its capital adequacy ratio stood at 19.3%, with the tier-I ratio at 13.1%, in FY20. The bank’s net interest margin (NIM) stood at
What gross profit margin tells about a firm – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-what-gross-profit-margin-tells-about-a-firm/2225092/ Higher the gross profit margin, better the firm’s efficiency in managing its production expenses Let us look at the computation of gross profit
Interview: Vikas Bagaria, founder, Pee Safe – The Financial Express
Clipped from: https://www.financialexpress.com/brandwagon/interview-vikas-bagaria-founder-pee-safe/2225238/About 40-45% of our annual turnover is set aside for marketing alone, says Bagaria Pee Safe, which started out as a brand of toilet
APOLLO TYRES–We made significant progress in bolstering our balance sheet: Onkar Kanwar | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/we-made-significant-progress-in-bolstering-our-balance-sheet-onkar-kanwar-121040100268_1.html The strategy going forward is really to sweat our assets and get our utilisation levels to reach 90-95% in all our plants, said
Will independent directors speak up? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-independent-directors-speak-up/article34216865.ece SEBI’s recent proposals have minority investor interests at heart, but regulations only scratch the surface In his 2019 letter to shareholders, famed investor
MCA defers mandatory audit trail norm by 1 year – ACCOUNTING SOFTWARE: The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/accounting-software-mca-defers-mandatory-audit-trail-norm-by-1-year/article34221295.ece?homepage=true In a big breather for small and medium-sized companies, the Corporate Affairs Ministry (MCA) has deferred by one year, the implementation of its
Base-effect drives March auto sales to new ‘highs’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/base-effect-drives-march-auto-sales-to-new-highs/article34217323.ece?homepage=true Automobile companies posted exponential growth in their year-on-year wholesale numbers in March mainly because of the low base effect due to Covid-related disruptions
SEBI must ensure effective management, good governance are valued in board composition – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/view-sebi-must-ensure-effective-management-good-governance-are-valued-in-board-composition/articleshow/81854476.cms Synopsis–Over the past decade, IDs have grown in stature and voice. Most well-run listed companies have IDs who add genuine value to the
Vodafone Idea lost 2.3 mn users, didn’t add 1.7 mn, shows revised TRAI data–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/sectors/telecom/vodafone-idea-lost-23-mn-users-not-add-17-mn-users-shows-revised-trai-data/story/435459.html As per the revised figures, Vodafone Idea lost 2.3 million users in the month of January while Bharti Airtel gained 5.9 million, followed
Will independent directors speak up? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-independent-directors-speak-up/article34216865.ece?homepage=true SEBI’s recent proposals have minority investor interests at heart, but regulations only scratch the surface In his 2019 letter to shareholders, famed investor
Big Story | Four ways to assess a company’s corporate governance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/four-ways-to-assess-a-companys-corporate-governance/article34176811.ece?homepage=true Assessing these parameters is as important as evaluating the financials, earnings potential and valuation of a company With subscriptions to most of the
PLI deadline: Device makers likely to knock on PMO door for extension | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-deadline-device-makers-likely-to-knock-on-pmo-door-for-extension-121040100018_1.html The scheme was the first among the 10 new PLI schemes across various sectors which was announced last September The move comes close
Setting precedents – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tata-mistry-case-flags-critical-issues-on-corporate-governance-and-minority-rights-in-private-companies/article34208189.ece The Tata-Mistry ruling flags critical issues in governance, minority rights in private companies Post the Supreme Court (SC) verdict in the Tata-Mistry case
Can’t let PLI scheme go bust, nurture it – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rational-expectations-cant-let-pli-scheme-go-bust-nurture-it/2224379/ This includes carrying over FY21’s PLI due to force majeure, allowing Chinese players in & ensuring WTO compatibility Since such localisation targets are
PLI scheme for IT hardware: Deadline to file application extended to April 30 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-scheme-for-it-hardware-deadline-to-file-application-extended-to-april-30/2224259/ The scheme aims at providing incentive of 4% to 1% on net incremental sales over base year (2019-20) to the selected companies. “The
Cabinet approves Rs 10,900 crore PLI scheme for food processing industry–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-approves-rs-10900-crore-pli-scheme-for-food-processing-industry/story/435351.html The PLI scheme will incentivise manufacturing of four major food product segments — ready to cook/eat foods, processed fruits and vegetables, marine products
Piramal Pharma acquires peptide drug maker Hemmo for Rs 775 crore–business today
lipped from: https://www.businesstoday.in/current/corporate/piramal-pharma-acquires-peptide-drug-maker-hemmo-for-rs-775-crore/story/435362.html Hemmo is one of the few pure-play synthetic peptide API manufacturers in the global marketplace. It has R&D capabilities and a world-class GMP
Cabinet approves Rs 10,900 crore PLI scheme for food processing industry–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-approves-rs-10900-crore-pli-scheme-for-food-processing-industry/story/435351.html The PLI scheme will incentivise manufacturing of four major food product segments — ready to cook/eat foods, processed fruits and vegetables, marine products