lipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/promoters-go-for-asset-protection-trusts-fearing-default/articleshow/82298238.cms Synopsis–Many companies have seen profitability crash or even entire business models facing major disruption due to Covid pandemic driven demand slump. The fear
States need to come on board for success of PLIs: MAIT – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/states-need-to-come-on-board-for-success-of-plis-mait/articleshow/82270561.cmsSynopsis The Manufacturers’ Association of Information Technology (MAIT), whose members include Apple, Dell, Lenovo, Cisco and HP, said single-window clearance system in several states
COVID relief: Govt allows biz to verify monthly GST returns through EVC till May 31 – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/gst/covid-relief-govt-allows-biz-to-verify-monthly-gst-returns-through-evc-till-may-31/articleshow/82288164.cmsSynopsis In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said any registered person during the period from April 21, 2021,
ICICI bank: ICICI Bank launches contactless banking platform for merchants – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/icici-bank-launches-contactless-banking-platform-for-merchants/articleshow/82306780.cmsSynopsis It aims to empower over two crore retail merchants in the country with seamless banking services digitally. ICICI Bankon Thursday announced the launch
MSMEs: Can’t pay 28 days’ salary to Covid absentees: MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cant-pay-28-days-salary-to-covid-absentees-msmes/articleshow/82284855.cmsSynopsis In its order on April 26, the state government asked all industries to cover 28 days of salary for Covid-affected workers and to
Companies look to cover currency risk as rupee set to turn volatile – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/companies-look-to-cover-currency-risk-as-rupee-set-to-turn-volatile/articleshow/82315086.cms Synopsis”Companies with overseas borrowings are increasingly covering their positions as any sudden drop in the rupee’s value will raise their repayment liabilities amid
Net-shy Covid patients feel payment pain, major worry for many in small-town India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/net-shy-covid-patients-feel-payment-pain/articleshow/82301096.cms Synopsis–Families of these Covid-19 infected persons are asking friends and relatives who use netbanking to transfer money to the hospitals and clinics to
Acre ARC set to purchase Indiabulls assets – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/acre-arc-set-to-purchase-indiabulls-assets/articleshow/82310813.cmsSynopsis The deal is yet another attempt by the Sameer Gehlaut-led Indiabulls Group to shed capital-intensive assets as it moves to a new business
Health Ministry releases revised guidelines for home isolation of mild COVID-19 cases – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/health-ministry-releases-revised-guidelines-for-home-isolation-of-mild-covid-19-cases/articleshow/82309482.cmsSynopsis Elderly patients aged more than 60 years and those with co-morbid conditions such as hypertension, diabetes, heart disease, chronic lung or liver or
Jaypee Infratech insolvency: NBCC sweetens bid, to offer up to 1,903 acres land to lenders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/jaypee-infratech-insolvency-nbcc-sweetens-bid-to-offer-up-to-1903-acres-land-to-lenders/articleshow/82315910.cmsSynopsis Earlier this month, NBCC and Mumbai-based Suraksha group submitted their fresh bids to acquire Jaypee Infratech through the insolvency process, as per the
Niti Aayog: Private sector of India has to be key driver of growth: Niti Aayog VC Rajiv Kumar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/private-sector-has-to-be-key-driver-of-growth-niti-aayog-official/articleshow/82311122.cmsSynopsis Speaking at a webinar organised by Merchants’ Chamber of Commerce and Industry, Kumar said that the private sector also needs to create trust
Madras HC orders CBI probe into ‘artificial cement scarcity, price fixing’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/madras-hc-orders-cbi-probe-into-artificial-cement-scarcity-price-fixing/article34433265.ece?homepage=true Hearing the petition filed by the Class I Contractors Welfare Association on Wednesday, Justice Bhavani Subbarayan directed CBI counsel Srinivasan to ‘take notice,’
Chip shortages make manufacturers prioritise how to allocate resources | Business Standard News
Clipped from: https://www.business-standard.com/article/international/chip-shortages-make-manufacturers-prioritise-how-to-allocate-resources-121042801275_1.html Manufacturers are warning that production will continue to be affected because of the deepening chip crisis. It’s also shaken complacent companies to move
The perils of irrational exuberance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-perils-of-irrational-exuberance/article34432317.ece As Piketty observes, when the returns on wealth exceed GDP growth, the result is a massive rise in inequality One of the apparent
Critical condition – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/covid-wave-has-brought-out-the-need-for-better-regulation-of-private-health/article34432574.ece Covid wave has brought out the need for better regulation of private health Covid’s second surge has exposed the precarious state of India’s
Bombay HC directs Palghar Police to stay probe against Indiabulls Housing Finance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/bombay-hc-directs-palghar-police-to-stay-probe-against-indiabulls-housing-finance/articleshow/82297054.cmsSynopsis The mortgage lender had approached the court after a company shareholder approached the local police station in the Palghar District alleging siphoning of
MSME loans: NBFC lenders stare at significant dip in lending for at least three months amid Covid 2.0 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-loans-nbfc-lenders-stare-at-significant-dip-in-lending-for-at-least-three-months-amid-covid-2-0/2241981/ Credit and Finance for MSMEs: Recently industry association for NBFCs Finance Industry Development Council (FIDC) had written to RBI seeking another round of
Inflation looms large, but need accommodative RBI – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inflation-looms-large-but-need-accommodative-rbi/2242045/ Second surge has hit recovery, and the pain could linger for some time; despite discomfort, RBI must keep monetary policy easy This is
Retailers to FM Sitharaman: Give ECLGS benefits, 6-month moratorium, interest rate cut to fight Covid 2.0 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/retailers-to-fm-sitharaman-give-eclgs-benefits-6-month-moratorium-interest-rate-cut-to-fight-covid-2-0/2242034/ Credit and Finance for MSMEs: The expert Committee made under the chairmanship of K.V. Kamath had last year recommended financial ratios for 26
Atmanirbharta: Making a case for stainless steel – The Financial Express
lipped from: https://www.financialexpress.com/opinion/atmanirbharta-making-a-case-for-stainless-steel/2241314/ Increase the usage of stainless steel and ensure no dumping takes place It is a misnomer that the price of Indian companies’ stainless
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