Clipped from: https://www.thehindubusinessline.com/news/explain-reasons-for-accepting-ots-by-siva-industries-nclt/article34871860.ece?homepage=true Lenders will get only 6.5% of the total debt of ₹4,863 crore NCLT has asked lenders of Siva Industries to clarify the rationale
Category: Legal
Writing a Will: How to write your Will? Step by Step process for Writing a Will in India
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-to-write-your-will/articleshow/83625458.cmsSynopsis Primarily, a Will states what and how the writer’s assets are to be distributed after discharging liabilities of the writer. A person who
Expert panel on fixation of minimum wages likely to submit recommendations at the earliest – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/expert-panel-on-fixation-of-minimum-wages-likely-to-submit-recommendations-at-the-earliest/articleshow/83663478.cmsSynopsis “The expert group will submit its recommendations to the government as early as possible,” it said on Saturday. The clarification by the government
Inside a ransomware attack: How dark webs of cybercriminals collaborate to pull one off | Deccan Herald
Clipped from: https://www.deccanherald.com/international/world-news-politics/inside-a-ransomware-attack-how-dark-webs-of-cybercriminals-collaborate-to-pull-one-off-999157.html What we find when we connect the dots is a professional industry far removed from the organised crime playbook Representative image. Credit: iStock
5 years of RERA: Have home buyers benefited from orders passed by state-wise authorities? – The Financial Express
Clipped from: https://www.financialexpress.com/money/5-years-of-rera-have-home-buyers-benefited-from-orders-passed-by-state-wise-authorities/2274425/ The delay in implementation of RERA by some states also means that the benefit of the law is not available to home buyers
Easier minimum public offer norms come into effect – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/easier-minimum-public-offer-norms-come-into-effect/article34861220.ece Move will help LIC IPO, push disinvestment The Finance Ministry has notified the relaxed minimum public offer norms for large companies planning to
Death without a will: Legal heirs of a woman if she dies without will – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/legal-heirs-of-a-woman-if-she-dies-without-will/articleshow/83456987.cmsSynopsis In most cases, a will ensures that the assets are transferred to the desired beneficiaries, which may not happen if a person dies
Jewellers welcome govt decision to implement hallmarking in phases – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/jewellers-welcome-govt-decision-to-implement-hallmarking-in-phases/articleshow/83625172.cmsSynopsis GJC has urged all jewellers to get themselves registered with the Bureau of Indian Standards (BIS). MUMBAI: The government’s decision of mandatory hallmarking of gold jewellery and
No intention to delay fixing minimum wages: Labour Ministry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/no-intention-to-delay-fixing-minimum-wages-labour-ministry/articleshow/83662893.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis Earlier this month, the ministry announced that the Centre has constituted an expert group under the chairmanship of renowned economist Ajit Mishra to
It’s a bank, PMC will be part of, it’s not takeover, says Centrum’s Jaspal Bindra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/its-a-bank-pmc-will-be-part-of-its-not-takeover-says-centrums-jaspal-bindra/articleshow/83657489.cmsSynopsis The RBI has granted Centrum 120 days to convert itself into a bank with fintech player BharatPe as an investor who will merge
Reading down UAPA may have pan-India ramifications: Supreme Court | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/reading-down-uapa-may-have-pan-india-ramifications-supreme-court-121061900020_1.html Refuses to stay HC order granting bail to three students in Delhi riots case While refusing to stay the high court verdicts granting
Cyber fraud helpline brings banks and police together: Here’s how it works | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cyber-fraud-helpline-brings-banks-and-police-together-here-s-how-it-works-121061801778_1.html The helpline and its reporting platform have been made operational by the Indian Cyber Crime Coordination Centre (14C) with support from the RBI,
Karnataka HC begins hearing appeals by Amazon, Flipkart on CCI investigation – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/karnataka-hc-begins-hearing-appeals-by-amazon-flipkart-on-cci-investigation/article34852462.ece A fresh round of legal battle begins A fresh round of legal battle began between the e-commerce majors Flipkart, Amazon and the Competition
Ray of hope for PMC depositors as Centrum roped in for revival | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/ray-of-hope-for-pmc-depositors-as-centrum-roped-in-for-revival-121061801528_1.html However, restrictions to continue for a while till Centrum gets the final approval PMC Bank sources said it will take another three months
RBI has given us 120 days to operationalise SFB: Centrum’s Jaspal Bindra | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/we-have-been-given-120-days-time-by-rbi-to-operationalize-the-bank-121061801711_1.html In an exclusive interview with Business Standard, Jaspal Bindra, executive chairman of Centrum group said it has committed Rs 1,800 cr capital to
Protecting IBC’s spirit: NCLT focus on confidentiality clause in Videocon Industries resolution welcome – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/protecting-ibcs-spirit-nclt-focus-on-confidentiality-clause-in-videocon-industries-resolution-welcome/2273504/ The VIL-Twin Star case draws attention to the fact that creditors, at times, are realising pitifully small amounts—in the Alok Industries case, where
After losing parents, will orphans lose medical cover as well? – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/health-insurance-after-losing-parents-will-orphans-lose-medical-cover-as-well/2273787/ Despite the fact that Covid-19 fatalities among children are low, the pandemic has played havoc in the lives of many little ones, with
Yes Bank news: YES Bank removes fraud tag on Avantha Holdings after forensic audit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-removes-fraud-tag-on-avantha-holdings-after-forensic-audit/articleshow/83625913.cmsSynopsis The bank had red-flagged the account to the Reserve Bank of India (RBI) after the Thapar group company defaulted on a loan that
GST rate reductions too little, too late | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/gst-rate-reductions-too-little-too-late-998650.html The demand for tax exemptions and reductions had been made from the beginning of the Covid pandemic over a year ago The demand
RBI allows Centrum to set up small finance bank; paves way for PMC Bank takeover–business today
Clipped from: https://www.businesstoday.in/sectors/banks/rbi-allows-centrum-to-set-up-small-finance-bank-paves-way-for-pmc-bank-takeover/story/441968.html RBI approval came after Centrum Financial Services, along with Bharat Pe, submitted an expression of interest to take over PMC Bank. PMC Bank
aniltikotekar4sme.com 