Clipped from: https://www.thehindubusinessline.com/companies/two-years-since-it-stopped-flying-jet-airways-awaits-nclt-clearance/article34349309.ece “I am hoping we won’t see a third anniversary of Jet’s grounding within the next three to four months,” says Ashish Chhawcharria, the
Amtek Auto resolution takes new twist – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/amtek-auto-resolution-takes-new-twist/article34352747.ece NCLAT has dismissed the petition and has imposed a penalty of ₹1 lakh on DVI NCLAT has dismissed the petition and has imposed
Individual CAs/firms cannot retain two consecutive audit rotation cycles – The Hindu BusinessLine–*****
lipped from: https://www.thehindubusinessline.com/companies/individual-casfirms-cannot-retain-two-consecutive-audit-rotation-cycles/article34352425.ece?homepage=true A proprietary CA firm or an individual chartered accountant will no longer find it easy to retain the audit mandate in a company
Lenders, govt staring at ₹96,389-cr haircut post NCLAT ruling on spectrum sale by IBC firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/nclat-ruling-on-spectrum-lenders-government-stare-at-96389-cr-npa/article34349792.ece?homepage=true Earlier, NCLAT ruled that telecom companies under insolvency proceedings can sell spectrum only after clearing of Government dues. The lenders to telecom companies
Need to prepare for greater economic uncertainty due to COVID-19 second wave: NITI Aayog VC
Clipped from: https://www.businesstoday.in/current/economy-politics/need-to-prepare-for-greater-economic-uncertainty-due-to-covid-19-second-wave-niti-aayog-vc/story/436940.html While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Mr
Centre identifies 9,732 compliances to be tweaked or erased, states too likely to scrap archaic laws – The Economic Times–*****
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/by-i-day-bottlenecks-may-clear-to-ease-biz-compliances/articleshow/82121706.cmsSynopsis The deadline is critical as India is set to celebrate its 75th Independence Day this year with a likely focus on “ease of
NBFCs seek extension of MSME restructuring scheme till March 2022 – The Economic Times–*****
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/nbfcs-seek-extension-of-msme-restructuring-scheme-till-march-2022/articleshow/82128505.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a recent letter written to RBI Governor Shaktikanta Das, FIDC, an industry body of NBFCs, said due to the severe second wave
Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy case – The Financial Express
Clipped from: https://www.financialexpress.com/economy/flavoured-milk-taxable-at-12-under-gst-aar-rules-in-amul-dairy-case/2235440/ Earlier the Karnataka AAR, in an application of Karnataka Cooperative Milk Producers Federation, had ruled that flavoured milk is taxable at 5 per
Start-up funding touches new high in 2021 – The Financial Express–*****
Clipped from: https://www.financialexpress.com/industry/sme/start-up-funding-touches-new-high-in-2021/2235563/ Besides large venture capital funds like Prosus Ventures, Tiger Global and SoftBank that have made big bets on a bunch of local start-ups,
Export hubs urge migrant workers not to leave – The Financial Express–*****
Clipped from: https://www.financialexpress.com/economy/export-hubs-urge-migrant-workers-not-to-leave/2235571/ Large-scale migration following a pan-India lockdown in March last year had not just wrought havoc on the workers themselves but also crippled the
How to secure your banking transactions from cyber frauds – The Financial Express–*****
Clipped from: https://www.financialexpress.com/money/how-to-secure-your-banking-transactions-from-cyber-frauds/2235437/ The growing volume of online transactions and the absence of stringent cybersecurity systems give fraudsters the space to commit malicious acts. The Indian
How to renew your lapsed life, health and motor insurance policies – The Financial Express–*****
Clipped from: https://www.financialexpress.com/money/insurance/how-to-renew-your-lapsed-life-health-and-motor-insurance-policy/2235392/ If any of your insurance policies has lapsed due to unavoidable circumstances, there are ways how you can review or renew your lapsed
Your Money: What profit before and after tax tells about a firm – The Financial Express
lipped from: https://www.financialexpress.com/money/your-money-what-profit-before-and-after-tax-tells-about-a-firm/2234683/ PBT & PAT are the line items of interest for equity investors to assess the attractiveness of the stocks Total revenue is the
Managing suppressed G-Sec yields – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/managing-suppressed-g-sec-yields/2235727/ RBI must juggle its multiple hats well to manage positive and negative pay-offs dexterously This is a good time for RBI to relook
Salaried jobs lost: 10 million & counting – The Financial Express
Clipped from: https://www.financialexpress.com/economy/salaried-jobs-lost-10-million-counting/2235600/ Vyas estimates that overall there has been a 20% loss of household income saying it’s unlikely there would have been any improvement in
‘Any disruption in MSMEs’ sales amid second Covid wave to be detrimental to their survival this time’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-any-disruption-in-msmes-sales-amid-second-covid-wave-to-be-detrimental-to-their-survival-this-time/2235443/ Ease of Doing Business for MSMEs: E-commerce platforms had matched and surpassed their pre-COVID sales as far back as August last year. To
Zoho’s Sridhar Vembu gives growth mantra to SMBs; suggests entrepreneurs to focus on rural India – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-zohos-sridhar-vembu-gives-growth-mantra-to-smbs-suggests-entrepreneurs-to-focus-on-rural-india/2235624/ Ease of Doing Business for MSMEs: For India to achieve its $5-trillion economy goal by 2025, it is imperative for entrepreneurs to look
Cheque bouncing up in April during second wave of Covid-19: HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cheque-bouncing-up-in-april-during-second-wave-of-covid-19-hdfc-bank-121041800413_1.html Ehile cheque returns in April have risen slightly, it this does not necessarily point to a trend, say bank officials Photo: Shutterstock The
Reliance Communication headed for liquidation after NCLAT judgment | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reliance-communication-headed-for-liquidation-after-nclat-judgment-121041800877_1.html Debt resolution only after clearance of govt dues, says tribunal Anil Ambani, chairman of Reliance Communications. Anil Ambani-promoted Reliance Communications (RCom), which is now bankrupt,
GST evasion by winning bidders: Rly purchases since July ’17 face enquiry | Business Standard News
Clipped from: https://www.business-standard.com/article/indian-railways/gst-evasion-by-winning-bidders-rly-purchases-since-july-17-face-enquiry-121041900026_1.html DGGI decision relates to misclassification of supplies This follows requests by two government departments, the CBIC and the DPIIT, to the Railways for
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