Clipped from: https://www.thehindubusinessline.com/economy/steel-prices-at-premium-as-china-quits-export-market/article65666979.ece With cheap Russian supplies coming in, the premium may not sustain After lying low for the last two months, domestic steel prices are
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Carmakers grapple with backlog of 6.5 lakh units as chip shortage hits production – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/auto/cars-uvs/carmakers-grapple-with-backlog-of-6-5-lakh-units-as-chip-shortage-hits-production/articleshow/93031989.cms Synopsis Carmakers grappling with a huge backlog of around 6.5 lakh units, with chip shortage continuing to crimp their manufacturing activities and leading
*Rupee at 80: How top Indian companies hedged themselves for dollar | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rupee-at-80-how-top-indian-companies-hedged-themselves-for-dollar-122071900335_1.html?code=NTM4OTU9MTIyMDcxOTAwMzM1 Reliance Industries, the Tata group, Bharti Airtel, Aditya Birla among conglomerates that took forward positions Photo: Bloomberg Reliance Industries, the Tata group, Bharti Airtel and Aditya
*Infy, Tech Mahindra et al. have dipped their toes in metaverse waters. Can they cash in on the mania? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/infy-tech-mahindra-et-al-have-dipped-their-toes-in-metaverse-waters-can-they-cash-in-on-the-mania/primearticleshow/92989378.cms SynopsisInfosys, Tech Mahindra have carved out special centres to cash in on the metaverse mania which promises to offer around 12% higher gross
*Amul posts group turnover of Rs 61,000 cr in FY22 on milk & ice-cream biz | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amul-posts-group-turnover-of-rs-61-000-cr-in-fy22-on-milk-ice-cream-biz-122071901369_1.html Post pandemic recovery results in addition of Rs 8,000 crore in annual turnover Rise in milk procurement has also led to Amul basing
‘Steel export duty, a big blow’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/steel-export-duty-a-big-blow/article65658231.ece Indian mills are losing valued clients to competing countries, says ArcelorMittal Nippon Steel India The imposition of export duty on Indian steel companies
Brief Summary of amendments in Companies Act 2013 WEF 1.04.2022-TAXGURU.IN
Clipped from: https://taxguru.in/company-law/brief-summary-amendments-companies-act-2013-wef-1-04-2022.html?utm_source=feedburner&utm_medium=email Brief Summary of MCA amendments of Companies Act 2013 effective from 1st April 2022 1. Companies (Management and Administration) Amendment Rules, 2022 Notification shall come into
Changes proposed in disclosure of ITC in Table 4 of GSTR-3B–TAXGURU.IN
Clipped from: https://taxguru.in/goods-and-service-tax/proposed-disclosure-itc-table-4-gstr-3b.html?utm_source=feedburner&utm_medium=email After the introduction of GSTR-2B and auto population of figures in GSTR-3B, there has been greater accountability on the taxpayer to ensure that
How to file ITR-2 online with salary income, capital gains for FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/how-to-file-itr-2-online-with-salary-income-capital-gains-for-fy22-122071501130_1.html Individual taxpayers not having business or professional income can use this form for Income Tax Returns Photo: Shutterstock Filing Income Tax Returns (ITRs) is both
ITR 2021-22: These high-value transactions must be declared in your return | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/itr-2021-22-these-high-value-transactions-must-be-declared-in-your-return-122071500205_1.html Such transactions attract special attention from the income tax (I-T) department and are mandatory to be furnished. If not, they may lead to
The rise in the incidence of digital fraud | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-rise-in-the-incidence-of-digital-fraud-122071700674_1.html Over the years, there has been a significant change in the types of frauds affecting the banking industry Frauds in the banking sector have been
Card payments: Card tokenisation makes online payments safer | The Financial Express
Clipped from: https://www.financialexpress.com/money/card-payments-card-tokenisation-makes-online-payments-safer/2595665/ The RBI had mandated that after December 31, 2021, entities other than card networks and card issuers cannot store data. Tokenisation will be
Charting the Global Economy: The risk of a euro-area recession is growing – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-the-risk-of-a-euro-area-recession-is-growing/articleshow/92931235.cms Synopsis Recession calls are growing in Europe amid record-high inflation and weakening investor confidence, though the planned reopening of a key Russian gas
ITR filing: 9-point checklist to help you file your income tax return within 30 mins – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-9-point-checklist-to-help-you-file-your-income-tax-return-within-30-mins/articleshow/92905428.cms Synopsis These nine steps will help you prepare your tax return and ensure a smooth filing. As the last date for filing tax returns approaches,
Digital lenders: Towards inclusion of MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/digital-lenders-towards-inclusion-of-msmes/article65651447.ece MSME focussed digital lenders have brought inclusion and formalisation of credit by providing widespread access to information India is now a country of
Is the ‘beneficial owner’ also a ‘related party’? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/is-the-beneficial-owner-also-a-related-party/article65639552.ece The Bombay High Court judgment in the case of World Crest Vs Yes Bank seems to put financial creditors at a disadvantage Close on the
*Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-turns-generous-with-dividend-payouts-122071700431_1.html Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal Illustration: Ajay Mohanty Hindustan Zinc (HZL), a subsidiary of Vedanta, announced
‘Account Aggregator framework is a boon to SMBs as lenders won’t be able to store, analyse, sell financial info’ | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-account-aggregator-framework-is-a-boon-to-smbs-as-lenders-wont-be-able-to-store-analyse-sell-financial-info/2584155/ Credit and Finance for MSMEs: With the AA framework in place, India’s financial ecosystem will see a complete transformation. It will do to
*HDFC Bank lost Rs 50k-cr corporate loans as competitors offered lower rates | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/hdfc-bank-lost-out-rs-50-000-cr-corporate-loans-after-interest-rate-hike-122071700233_1.html?code=NTM4OTU9MTIyMDcxNzAwMjMz Merger-related dispensations separately handled by RBI, says HDFC Bank CFO Srinivasan Vaidyanathan HDFC Bank, the country’s largest private-sector lender, lost to competition wholesale
*IT stocks outlook: IT stocks to stay under pressure in the near term: Morgan Stanley – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/it-stocks-to-stay-under-pressure-in-the-near-term-morgan-stanley/articleshow/92912122.cms Synopsis The IT index on the BSE ended down 0.2% at 27,122.90 after hitting a 52-week low during the session. These shares have
