Clipped from: https://www.business-standard.com/article/economy-policy/low-premiums-make-firms-wary-of-covid-19-pandemic-covers-say-experts-121051200034_1.html Since their launch in July last year, these covers have generated strong sales, which started slowing towards the end of FY21 Some insurers
Developers likely to face tough time in office leasing, says study | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/developers-likely-to-face-tough-time-in-office-leasing-says-study-121051101508_1.html About 90 million square feet of lease renewals coming up this year, says a report by Anarock Developers agree that there will be
Sebi plans to ease post-IPO lock-in for promoters, amend key definition | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-plans-to-ease-post-ipo-lock-in-for-promoters-amend-key-definition-121051101115_1.html Regulator mulls replacing concept of ‘promoter’ with ‘person in control’ The regulator has said the definition of “promoter” is wide-ranging and needs to
Govt likely to drop plan to decriminalise cheque bounce offences | Business Standard News
lipped from: https://www.business-standard.com/article/finance/govt-likely-to-drop-plan-to-decriminalise-cheque-bounce-offences-121051200037_1.html It would seek directions from a Supreme Court panel formed to expedite the pendency of cheque bounce cases before taking a final call
Mutual Funds: You can withdraw money from ELSS after lock-in period and reinvest it – The Financial Express
lipped from: https://www.financialexpress.com/money/mutual-funds/your-queries-mutual-funds-you-can-withdraw-money-from-elss-after-lock-in-period-and-reinvest-it/2250103/ I have been investing in ELSS for the past five years. As the lock-in is for three years, can I withdraw my first
‘Pre pack resolution process has some serious pitfalls’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/pre-pack-resolution-process-has-some-serious-pitfalls/article34533196.ece?homepage=true Financial institutions may forfeit the ‘golden hours’ available for putting the entity back on track, says Bijoy Pulipra The Pre Pack Insolvency Resolution
Disruption of essential supplies: Move policy from obtuse to sensible – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/move-policy-from-obtuse-to-sensible/articleshow/82555281.cmsSynopsis Policy must address both kinds of problems. Any deemed sign of shortage leads to hoarding and realised shortage. This must be averted. COVID-19
bad debt–SBI’s Padma Nair to be NARC’s first CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/sbis-padma-nair-to-be-narcs-first-ceo/articleshow/82551131.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The NARC will aggregate the bad loans and transfer them to a step-down asset management company (AMC) which will manage the assets
Microfiance sector seeks RBI’s additional support to combat COVID-19 second wave – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/microfiance-sector-seeks-rbis-additional-support-to-combat-covid-19-second-wave/articleshow/82550827.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “RBI timely intervention for the sector and its recent announcement of special long-term repo operations (SLTRO) of Rs 10,000 crore for Small Finance
NCLT admits insolvency petition against textile company Sintex Industries – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/nclt-admits-insolvency-petition-against-textile-company-sintex-industries/articleshow/82549700.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Sintex is the largest debtor taken to the NCLT since the one year moratorium on filing fresh cases ended in March. Lenders tried
Jaypee Infra insolvency: NBCC, Suraksha submit revised bids – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/jaypee-infra-insolvency-nbcc-suraksha-submit-revised-bids/articleshow/82551233.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis New Delhi, May 11 () State-owned NBCC and Suraksha group, which are in the race to acquire Jaypee Infratech under the insolvency resolution
Care Ratings revises downward GDP forecast to 9.2% for FY22 – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/indicators/care-ratings-revises-downward-gdp-forecast-to-9-2-for-fy22/articleshow/82554245.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis This is the fourth revision by the rating agency in its GDP growth forecast for FY2021-22 since March this year. On March 24
Sebi makes dividend distribution policy must for top 1,000 listed cos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-makes-dividend-distribution-policy-must-for-top-1000-listed-cos/articleshow/82550334.cmsSynopsis The regulator has also put in place a framework in relation to applicability, constitution and role of the Risk Management Committee (RMC) and
Exporters raise high input costs, pending export refunds with Piyush Goyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exporters-raise-high-input-costs-pending-export-refunds-with-piyush-goyal/articleshow/82550693.cmsSynopsis At a meeting with export promotion councils, issues related to high input costs due to rising prices of steel and plastics, release of
India opened up prematurely, Dr Fauci on COVID-19 crisis – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/india/india-opened-up-prematurely-dr-fauci-on-covid-19-crisis/articleshow/82556685.cmsSynopsis India has been severely affected by the unprecedented second wave of the coronavirus and hospitals in several states are reeling under the shortage
Moody’s cuts India’s growth forecast to 9.3 pc, risks of longer-term economic recovery scarring – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/moodys-slashes-india-growth-forecast-to-9-3-pc/articleshow/82549351.cmsSynopsis India is experiencing a severe second wave of coronavirus infections which will slow the near-term economic recovery and could weigh on longer-term growth
India might see ‘serious livelihood crisis’, says economist Jean Dreze – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/india-might-see-serious-livelihood-crisis-says-economist-jean-dreze/articleshow/82547631.cmsSynopsis The eminent economist said the situation today is not very different from what it was around this time last year as far as
Time to slash stamp duty – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-slash-stamp-duty/article34528970.ece The Damani property deal must lead to a rethink In one of the biggest property deals, DMart founder Radhakishan Damani and his brother,
E-pharmacy is what the doctor ordered – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/e-pharmacy-is-what-the-doctor-ordered/article34528944.ece More competition E-pharmacies give the option of cheaper prices to consumers – iStockphoto More competition E-pharmacies give the option of cheaper prices to
Rupee appreciates on expectations of weak dollar, global risk sentiment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rupee-appreciates-on-expectations-of-weak-dollar/article34529424.ece Gained 154 paise over the last month The rupee could see an appreciating bias on expectations of a weak dollar and global risk
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