Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/view-why-indian-cos-should-put-their-reputations-at-stake/articleshow/81115693.cms Synopsis–By documenting and publicising the narratives around their legacies, companies are indirectly committing themselves to guard their reputation and heritage from getting tampered.
Category: Legal
Supreme Court says banks must inform locker holders in writing before breaking them open – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/supreme-court-says-banks-must-inform-locker-holders-in-writing-before-breaking-them-open/articleshow/81112955.cmsSynopsis Breaking open a locker without following the legal procedure would be construed as gross negligence on the part of the bank, a top
Banks under Directions: Govt, RBI working on allowing depositors withdraw up to ₹5 lakh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-under-directions-govt-rbi-working-on-allowing-depositors-withdraw-up-to-5-lakh/article33868465.ece At present, when a bank is placed under Directions, deposit withdrawals are capped and it ranges from ₹1,000 to ₹1 lakh of the
SC asks Centre to file affidavit on technical glitches in GSTN – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/sc-asks-centre-to-file-affidavit-on-technical-glitches-in-gstn/article33872233.ece?homepage=true A key contention of the tax-payers was that the relevant GST returns could not be filed due to tech glitches on the portal
Allegations of dodging laws have malicious intent: Amazon India chief | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/allegations-of-dodging-laws-have-malicious-intent-amazon-india-chief-121021801010_1.html Amit Agarwal tells the employees that the company remains committed to its pledge to digitise 10 mn MSMEs, enable $10 bn in exports
Limited liability partnerships to disclose ‘beneficial ownership’ | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/limited-liability-partnerships-to-disclose-beneficial-ownership-121021900066_1.html The rules for disqualification of directors for non-filing of annual returns for any three consecutive years will also be made applicable to LLPs
KCR’s dream to end land disputes remains unfulfilled–deccan chronicle
Clipped from: https://www.deccanchronicle.com/nation/politics/170221/kcrs-dream-to-end-land-disputes-remains-unfulfilled.html KCR ordered a massive land records purification drive in 2017, across Telangana, saying that existing records were rectified last in 1936, during the Nizam’s
Microsoft brings Kids Mode on Edge with safe browsing experience | Deccan Herald
Clipped from: https://www.deccanherald.com/specials/microsoft-brings-kids-mode-on-edge-with-safe-browsing-experience-952650.htmlMicrosoft brings Kids Mode to Edge with safe browsing feature. Credit: Microsoft Lately, Microsoft, in a bid to improve user experience, has been on
Why Facebook has blocked Australians from accessing news | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/explained-why-facebook-has-blocked-australians-from-accessing-news-952568.html Facebook on Thursday announced the ban because of proposed laws in the country to make digital giants pay for journalism An illustration image
‘Outdated info, no non-compliance’: Amazon trashes claims of dodging Indian rules–business today
Clipped from: https://www.businesstoday.in/current/corporate/outdated-info-no-non-compliance-amazon-trashes-claims-of-dodging-indian-rules/story/431608.html The retail giant said that it has always complied with the law of the land and remains committed to supporting manufacturers and small
‘Sensitive, not for disclosure’: 35 out of 4 lakh sellers on Amazon sold two-thirds of total goods–business today
Clipped from: https://www.businesstoday.in/current/corporate/sensitive-not-for-disclosure-35-out-of-4-lakh-sellers-on-amazon-sold-two-thirds-of-total-goods/story/431616.html This goes against Amazon’s public message that it works to uplift small businesses in India. This also corroborates allegations by small retailers that
Labour codes need to be drafted keeping in mind realities of informal sector workers–ILEENA ROY, RANJANA DAS WRITES: –indian express
Clipped from: https://indianexpress.com/article/opinion/columns/nirmala-sitharaman-union-budget-labour-codes-law-7193088/ These vulnerabilities of the informal sector became even more prominent as the entire country went into a state of suspension due to the
Google to give Rs 109 crore to support SMBs in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/google-to-give-rs-109-crore-to-support-smbs-in-india/articleshow/81084841.cmsSynopsis When the pandemic hit last year, Google announced a $200 million investment fund as part of its more than $800 million commitment to
India’s Enforcement Directorate to examine findings in report on Amazon: Source – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/indias-enforcement-directorate-to-examine-findings-in-report-on-amazon-source/articleshow/81093604.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Reuters story was based on internal Amazon documents dated between 2012 and 2019. It provided an inside look at the cat-and-mouse game
LLP compliance set to get stricter as MCA applies sections of Companies Act to LLP Act – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/llp-compliance-set-to-get-stricter-as-mca-applies-sections-of-companies-act-to-llp-act/articleshow/81093228.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A total of eight sections relating to the register of significant beneficial owners, disqualifications of directors, conduct of inquiries and inspections and non-cognizable
View: Shouldn’t India’s news media be self-reliant, too? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/media/entertainment/media/view-shouldnt-indias-news-media-be-self-reliant-too/articleshow/81096650.cmsSynopsis In India, tech giants are in the same comfort zone as always. Proof of that is India doesn’t figure in any of the
DHFL Piramal takeover: RBI’s DHFL approval takes Piramal one step closer to expand reach to grow retail book – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbis-dhfl-approval-takes-piramal-one-step-closer-to-expand-reach-to-grow-retail-book/articleshow/81092982.cmsSynopsis A quick approval from the RBI is likely a precursor for a NCLT approval even as the resolution plan, the first for a
RBI tightens payments security norms for banks, digital payment operators – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-tightens-payments-security-norms-for-banks-digital-payment-operators/articleshow/81094347.cmsSynopsis “The Master Direction provides necessary guidelines…to set up a robust governance structure and implement common minimum standards of security controls for digital payment
CAIT demands ban on Amazon’s e-commerce operations in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/cait-demands-ban-on-amazons-e-commerce-operations-in-india/articleshow/81094552.cmsSynopsis Traders’ body CAIT on Thursday urged the government to impose a ban on Amazon’s e-commerce portal and its operations in India, accusing the
Rating of audit companies may get more tangible to check frauds | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/rating-of-audit-companies-may-get-more-tangible-to-check-frauds-121021701447_1.html The Centre for Audit Quality has already prepared an approach paper for the audit quality maturity model Audit companies may soon be scored on parameters
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