Clipped from: https://www.deccanherald.com/business/business-news/can-you-buy-a-tesla-with-bitcoin-this-is-how-the-payments-might-work-949320.html Although bitcoin has become more of a household name in recent years, it is still mostly used as an investment product rather than
Category: Legal
CCI launches probe against steel companies over alleged price cartelisation
Clipped from: https://www.businesstoday.in/current/economy-politics/cci-launches-probe-against-steel-companies-over-alleged-price-cartelisation/story/430747.html There has been a sharp rise in steel prices since June and there have been complaints from various quarters against this. JSW Steel,
Why Amazon is feuding with its partner Future Group and billionaire Mukesh Ambani – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/explained-why-amazon-is-feuding-with-its-partner-future-group-and-billionaire-mukesh-ambani/articleshow/80768973.cmsSynopsis Jeff Bezos-led e-tailer accuses Future and its founder Kishore Biyani of flouting an interim order in October from a Singapore arbitration court that
After three months, WhatsApp Pay not in full play – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/after-three-months-whatsapp-pay-not-in-full-play/articleshow/80756294.cmsSynopsis WhatsApp’s payments platform is far behind rivals on transaction front, the company says slow start part of ‘strategy’ What’s up with WhatsApp, specifically
Government to include 4-day work week, ESIC facilities in final rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-to-include-4-days-work-per-week-esic-facilities-in-the-final-rules/articleshow/80751809.cmsSynopsis Currently, employers have to take consent of the government to reduce the number of work days in a week which has been fixed
What is a National Bad Bank and how it will work? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/what-is-a-national-bad-bank-and-how-it-will-work/articleshow/80757961.cms SynopsisBankers estimate the new ARC will require a capital of at least Rs 15,000 crore as that could enable it to buy bad
Top 100 wilful defaulters owe lenders Rs 84,632 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/top-100-wilful-defaulters-owe-lenders-rs-84632-crore/articleshow/80753675.cmsSynopsis While banks wrote off nearly three-fourth of it to clean their balance sheet and get tax benefits, the default borrowers continue to appear
Service complaints by bank customers rise 57 pc to over 3 lakh: RBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/service-complaints-by-bank-customers-rise-57-pc-to-over-3-lakh-rbi-report/articleshow/80754191.cmsSynopsis The number of complaints pertaining to ‘Direct Sales Agent (DSA) and recovery agents’ increased from 629 complaints in 2018-19 to 1,406 this year,
Fines, jail term for breach of UK’s new COVID-19 travel rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/fines-jail-term-for-breach-of-uks-new-covid-19-travel-rules/articleshow/80771907.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a statement to the House of Commons, Health Secretary Matt Hancock unveiled the new rules to come into force from next Monday,
Can’t delay farm reforms anymore, says PM Narendra Modi – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/cant-delay-farm-reforms-anymore-says-pm-narendra-modi/2190726/ Urging the farmer unions to end their two-and-a-half-month-long agitation, the PM said “we will find a solution together…all the doors are open for
The Insolvency and Bankruptcy Code allows the market to make the most efficient choice–MS SAHOO WRITES: –indian express
Clipped from: https://indianexpress.com/article/opinion/columns/insolvency-and-bankruptcy-code-corporate-debt-resolution-process-7178980/ Liquidation or rescue is an outcome of the market forces; the law is only an enabler giving choices and nudging a company towards
The curious case of rising bank frauds | Deccan Herald
RBI must create a new route map for banking supervision that is accountable to both the State and the taxpayer When the then RBI Governor
Social media malware campaign from 2016 resurfaces, warns Kaspersky to Indian users – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media-malware-campaign-from-2016-resurfaces-warns-kaspersky-to-indian-users/article33781431.ece A social media malware campaign from 2016 resurfaced in India in 2021, according to cybersecurity firm Kaspersky. “The gang is known to utilize
SC has made noteworthy pronouncements on the Insolvency Code – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/sc-has-made-noteworthy-pronouncements-on-the-insolvency-code/article33775414.ece These go to strengthen the Code, which an important measure, meant to prevent insolvency by reviving ailing businesses. The Code however, is not
Faceless ITAT – a premature experiment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/faceless-itat-a-premature-experiment/article33775171.ece Virtual assessment, which seeks to eliminate human interface, is welcome, provided the principles of fairness and equity are not eroded Virtual assessments and
Future-Reliance deal: Delhi HC stays single-bench status quo order–business today
Clipped from: https://www.businesstoday.in/current/corporate/future-vs-amazon-delhi-hc-stays-status-quo-order-on-future–reliance-deal/story/430644.html The Delhi High Court passed the interim direction on Future Retail’s appeal challenging the February 2 order of the single judge, who had
Now, farmers, it is your turn–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/now-farmers-it-is-your-turn/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Little is to be gained by prolonging the
Cover for gig workers: Amazon, others pledge Rs 500 crore to proposed social security fund – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cover-for-gig-workers-amazon-others-pledge-rs-500-crore-to-proposed-social-security-fund/articleshow/80743698.cmsSynopsis The labour ministry has finalised the scheme for gig workers under the Employees’ State Insurance Corporation, which will be announced alongside the rollout
Over 21,250 cases pending before NCLT at end of December 2020 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/over-21250-cases-pending-before-nclt-at-end-of-december-2020/articleshow/80754041.cmsSynopsis In a written reply to Lok Sabha, Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday said that during the lockdown, adequate measures
Easy access to power distribution business proposed – The Financial Express
Clipped from: https://www.financialexpress.com/economy/new-bill-easy-access-to-power-distribution-business-proposed/2190073/ The amendment proposes that incumbent discoms will have to share their existing power purchase arrangement with all discoms entering their supply areas. A
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