The Jasper Infotech board has rejected an initial offer, estimated at $800-900 million, for its troubled online marketplace Snapdeal, from rival ecommerce company Flipkart, according
Category: May Look At Leisurely
Proprietary firms to come under bankruptcy code–Business Standard–05.07.2017
After making the insolvency process easier for companies, the focus is now turning to proprietary firms. The NITI Aayog will have a meeting, in this
Cash is back–Business Standard–05.07.2017
A day after launching the goods and services tax regime, Prime Minister Narendra Modi reasserted his government’s commitment to curbing black income and tax evasion.
GDP growth not as encouraging as it seems, says Rahul Bajaj–Financial Express–05.07.2017
Rahul Bajaj said in its latest advance estimate, the Central Statistical Organisation has pegged India’s real GDP growth for last financial year at 7.1 per
The art of doing business under GST–Business Line–05.07.2017
The art of doing business under GST Even though the process looks complex at the outset, online GST filings help small firms immensely in saving
‘Digital India’, a double-edged sword–Business Line–05.07.2017
It has not really worked as a promising option for the socio-economically disadvantaged In summer 2015, Prime Minister Narendra Modi delivered the inaugural speech for
US rolls out its Global Entry programme for expedited clearance of low-risk Indian travellers–Financial Express–04.07.2017
The US has started rolling out for India its Global Entry programme which allows for expedited clearance of pre-approved, low-risk travellers. Indian Ambassador to the
RBI flags concern over rising cyber attacks–Business Line–04.07.2017
Calls for caution at all levels, stresses on increasing awareness While migration to digital payments bodes well for the country, both in terms of cutting
The pros and cons of RBI rate cut
What is required is change of growth strategy, from foreign finance-led to exports & domestic growth Outside the Monetary Policy Committee (MPC) of the Reserve
Flipkart seeks tips from users to make inroads into smaller towns
Flipkart is reaching out to customers from smaller towns to help figure how to grow its business beyond the large metros. The country’s largest e-commerce
Slow and unsteady–Business Standard–04.07.2017
On May 1, a new piece of legislation governing the real estate sector came into force. The Real Estate (Regulation and Development) Act, 2016, was
Regulatory deficit shouldn’t halt sale; don’t penalise real estate for missing Rera–Economic Times–04.07.2017
The Centre has debarred real estate developers from marketing ongoing projects that are yet to be registered with the real estate regulatory authority (Rera) in
Worried over RERA provision, banks seek additional collateral from builders
Lenders such as ICICI BankBSE -0.05 %, State Bank of IndiaBSE 0.40 % and Yes Bank are seeking additional collateral on loans disbursed to real
Effect of GST is going to be far deeper than the tax itself: Rakesh Jhunjhunwala – The Economic Times–04.07.2017
What will GST implementation do for the perception of India? Let us not be burdened with India’s perception, let us be burdened with the reality.
Collapse of credit poses growth risk–Business Standard–03.07.2017
Collapse of credit poses growth risk Inflation targeting and Basel III norms have squeezed bank lending. Both, government and firms have reduced borrowing A major
Alarming rise in banking frauds, warns RBI–Business Standard–03.07.2017
The Reserve Bank of India’s (RBI) financial stability report (FSR) has warned that frauds in the banking system were rising alarmingly. And banks could be
Some curb on capital account convertibility justifiable, says Former RBI Governor YV Reddy–Financial Express–03.07.2017
Former RBI Governor Y V Reddy has said as the head of the central bank, he had resisted the full capital account convertibility of rupee
Cash is still king as circulation nears pre-demonetisation level: Report–Business Standard–03.07.2017
Financial regulators seem to have acknowledged that in India, cash is king. A little over seven months after demonetisation, as on June 16, the currency
GST seen to give consumers’ buying power a shot in the arm: Experts–Economic Times–03.07.2017
The Goods and Services Tax launch will enhance buying power of consumers as over 80 per cent of the goods fall below the 18 per
Ransomware attacks and cyber security: Standing e-gilant at the gates–Economic Times–03.07.2017
By Siddharth Vishwanath A new wave of the Petya ransomware variation has been affecting a significant number of organisations across a wide range of industries
