Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/india-and-pfizer-hit-impasse-over-vaccine-indemnity-demand-sources/articleshow/82831325.cmsSynopsis India has not given any manufacturer of a COVID-19 vaccine indemnity against the costs of compensation for any severe side effects, which is
Category: Legal
Unnecessary deviation | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/unnecessary-deviation-121052001438_1.html DHFL should not go back to its erstwhile promoter The National Company Law Tribunal’s (NCLT’s) direction to the lenders of Dewan Housing Finance
DHFL resolution: Lenders weigh options after NCLT’s surprise call | Business Standard News
clipped from: https://www.business-standard.com/article/companies/dhfl-resolution-lenders-weigh-options-after-nclt-s-surprise-call-121052100019_1.html Tribunal gave direction to have a look at offer by Kapil Wadhawan After the bankruptcy tribunal’s surprise order on Dewan Housing Finance (DHFL),
Committee of creditors rejects NBCC resolution plan for Jaypee Infratech | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/committee-of-creditors-rejects-nbcc-resolution-plan-for-jaypee-infratech-121052100040_1.html Lenders to vote on Suraksha plan from Monday Both NBCC and Suraksha ARC had bid for JIL’s assets, which owns a huge land
Banks likely to transfer about 80 large NPA accounts to NARCL – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/banks-likely-to-transfer-about-80-large-npa-accounts-to-narcl/2255777/ NARCL will pay up to 15 per cent of the agreed value for the loans in cash and the remaining 85 per cent
Investors face losses amid outages in crypto bourses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/investors-face-loses-amid-outages-in-crypto-bourses/article34607768.ece Crash in price led to heavy transactions on the platforms Indian crypto investors were left in the lurch amid crashing prices, as domestic
RBI makes mobile wallet interoperability mandatory from FY23 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/rbi-makes-mobile-wallet-interoperability-mandatory-from-fy23/articleshow/82777061.cmsSynopsis Additionally, mobile wallets such as Paytm, PhonePe and Mobikwik can now be used for cash withdrawals up to Rs 2,000. The wallet limit
Now, Mitsui arm challenges Rs 2,400 crore retro tax order – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/now-mitsui-arm-challenges-2400-crore-retro-tax-order/articleshow/82759812.cmsSynopsis The government is facing a fresh international challenge to the policy of retrospective tax amendments adopted by it. Now, Earlyguard, a British subsidiary
Insured, but still paying 40% of Covid treatment costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/insured-but-still-paying-40-of-covid-treatment-costs/articleshow/82785513.cms Synopsis–That’s because insurers are not aligning payouts to realities of Covid treatment. Fine prints of most health policies exclude coverage of expenses on
Data Storage: Storage made smart & simple – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/data-storage-storage-made-smart-simple/2255181/ Cloud storage-as-a-service is the new approach to mass capacity data storage and management Grace Liu Portrait By Grace Liu Businesses today need a
Shed vaccine IPR intransigence: EU must realise waivers crucial for the fight against Covid-19 – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/shed-vaccine-ipr-intransigence-eu-must-realise-waivers-crucial-for-the-fight-against-covid-19/2255197/ It is hard to fathom why patent-sharing should seem a better option while the objective is low-cost and wide vaccine access. Opponents of
Rework social security code for informal workers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rework-social-security-code-for-informal-workers/article34599616.ece It needs to be simplified, avoiding multiple authorities and allowing for seamless integration of existing State-run schemes The Code on Social Security 2020
Buyback ‘fraud’: SEBI imposes fine of ₹5.25 crore on Cairn India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/buyback-fraud-sebi-imposes-fine-of-525-crore-on-cairn-india/article34599479.ece?homepage=true P Elango, 2 others charged ₹15 lakh each; firm lured investors with ‘misleading announcement’ Cairn India, the leading oil and gas player that
India warns ‘action’ if WhatsApp does not roll back privacy policy – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/india-directs-whatsapp-to-take-back-its-new-privacy-policy/article34594452.ece?homepage=true Gives company seven days to respond The Ministry of Electronics and Information Technology (MeitY) reiterated that WhatsApp must fully withdraw and not merely
NCLT asks DHFL lenders to consider Wadhawan’s offer – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/nclt-asks-dhfl-lenders-to-consider-wadhawans-offer/article34600044.ece?homepage=true Bankers say since PCHFL’s resolution plan has been approved by majority of the lenders, it is unlikely that their decision will change. The
CBI, ED turn to tech-driven investigations to nail offenders amid Covid-19 | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/cbi-ed-turn-to-tech-driven-investigations-to-nail-offenders-amid-covid-19-121051801480_1.html The Income Tax Department is going full throttle on data analytics to issue notices in time-bound cases Central Bureau of Investigation headquarter The
CBIC issues framework for importing raw materials for job work under amended IGCR Rules – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/cbic-issues-framework-for-importing-raw-materials-for-job-work-under-amended-igcr-rules/article34588658.ece Amendments not to include precious metals The Central Board of Indirect Taxes and Custom (CBIC) has formalised the system for importing raw material,
Income Tax: ICAI issues exposure draft of revised Accounting Standard – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/income-taxes-icai-issues-exposure-draft-of-revised-accounting-standard/article34586805.ece?homepage=true The CA Institute has come up with an exposure draft for a revised accounting standard on income taxes, to be applicable on entities
Data breaches entail huge costs for firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/data-breaches-entail-huge-costs-for-firms/article34589484.ece?homepage=true Reputational loss, more than financial, can cause greater damage. Firms must not compromise on stepping up cyber-security As technology progresses, much of our
Amid pandemic, home-care services for the elderly see a surge in demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/home-care-services-for-the-elderly-see-surge-in-demand/article34588689.ece?homepage=true ‘There is a significant growth in demand compared to first wave’ At-home care providers of the elderly are witnessing a surge in demand
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