Taken in isolation, the unanimous decision of the Monetary Policy Committee (MPC) to increase the benchmark repo rate by 25 basis points 1 the first
Category: Merits back reference
SBI Chairman Rajnish Kumar interview: ‘Days of over leveraging, thin equity are behind us; NPAs will also start to come down soon’ | The Indian Express–08.06.2018
With banks empowered after the Insolvency and Bankruptcy Code (IBC), there’s consciousness about “the need to pay on time” and the “days of over leveraging”
Relief for MSMEs under IBC, promoter can bid for his enterprise – The Economic Times–07.06.2018
The development provides major relief to MSMEs facing insolvency proceedings. The Government on Wednesday provided major relief to MSMEs facing insolvency proceeding under the Insolvency & Bankruptcy Code Ordinance,
Insolvency: Binani Cement submits UltraTech plan for NCLT approval | Business Standard News–02.06.2018
After the resolution professional (RP) of Binani Cement submitted the resolution plan of UltraTech Cement’s Rs 79.60 billion offer for approval from the Kolkata bench of the
Relief for power sector as Allahabad High Court halts RBI’s NPA order – Business Line–02.06.2018
In a major relief, the Allahabad High Court on Thursday put on hold action against the power sector under the RBI’s stressed assets framework. By
Fuel price reduction — Govt in a bind: Niti Aayog says find fiscal space, ONGC has questions | The Indian Express–02.06.2018
AS GLOBAL oil prices continue to surge, the government’s key policy advisor is of the view that states have to take the lead in cutting
‘Costly crude, weak rupee can pose an immediate threat to growth’ – Business Line–01.06.2018
At 7.7 per cent, the GDP growth number for January-March quarter of FY18 beats all expectations but the economy still faces headwinds. BusinessLine caught up with Sunil
E-way Bill: Intra -state E-way Bill: 7 things to keep in mind from June 3–Economic Times–31.05.2018
By Tejas Goenka On April 1, 2018, the e-way bill system for the inter-state movement of goods was rolled-out across the nation. In parallel, it was decided
NCLAT asks Tata Steel if it would pay Bhushan Steel’s GST, income tax dues | Business Standard News–31.05.2018
The company law appellate tribunal on Wednesday asked Tata Steel if it will clear the statutory dues like income tax and GST of Bhushan Steel, a company it
Petrol under GST? – Business Line–31.05.2018
The time is not propitious Ever since the rollout of GST on July 1, 2017, there have been talks about bringing petroleum products under the
1 year of RBI’s ‘Dirty Dozen’: How Modi’s IBC crusade on massive NPA began and created history! – The Financial Express–30.05.2018
Modi’s IBC crusade: Last June, the Reserve Bank of India (RBI) released a list of 12 companies constituting 25% of India’s total NPAs (Non-Performing Assets)under thename ‘Dirty
Bond rush – Business Line–30.05.2018
Retail NCD offers are picking up, but investors don’t seem to fully appreciate risks Retail bond offers are showing renewed buoyancy after muted activity for
Insolvency and Bankruptcy Code: Stakeholders of Tecpro, Educomp accuse promoters of flouting IBC rules – The Economic Times–29.05.2018
In two separate cases, stakeholders have complained of promoters abusing the Insolvency and Bankruptcy Code (IBC) to regain control of their lost assets even as government is
GST: Sale of ‘going concern’ exempt from GST: AAR – The Economic Times–29.05.2018
The Karnataka bench of the AAR gave its ruling based on an application filed by Rajashri Foods Pvt Ltd which wanted to sell one of its units along with
Evaluating the IBC – The Financial Express–29.05.2018
While the conclusion of the sale of Bhushan Steel to Tata Steel via the Insolvency and Bankruptcy Code (IBC) process is confirmation that the insolvency process is
Bad loans: Are we celebrating the outliers? | Business Standard Column–29.05.2018
To the loud, self-congratulatory tweets of policymakers and politicians, supported by the media (which is quick to declare a few data points as a major
Insolvency and Bankruptcy Code: How inordinate delays can ruin the purpose of bankruptcy code – The Economic Times–28.05.2018
By Amitabh Kant In the Essar Steel matter before it, the National Company Law Appellate Tribunal (NCLAT) has stalled the resolution process, directing all concerned entities to abstain
GST to be levied on goods stored in customs warehouse only on final clearance: CBIC – The Financial Express–28.05.2018
The circular said that integrated tax shall be levied and collected at the time of final clearance of the warehoused goods for home consumption, which
Binani Insolvency: Dalmia moves SC again on UltraTech’s eligibility to bid | Business Standard News–28.05.2018
Just ahead of the scheduled meeting of the Committee of Creditors (CoC) of Binani Cement, which is undergoing bankruptcy proceedings, the Dalmia Bharat Cement-led consortium has moved Supreme Court for the
After 11 months of inception, SEZ Rules yet not aligned with GST laws | Business Standard News–28.05.2018
It is almost 11 months since the Goods and Services Tax (GST) came into being. Yet, the necessary consequential changes have not been made in the Special Economic
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