Clipped from: https://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/scrap-dealer-two-others-held-for-rs-58-crore-gst-credit-fraud/article34049427.ece The arrested persons issued fake invoices to the extent of Rs. 423.2 crore The Chennai Outer Commissionerate has arrested a scrap dealer from
Essar Power MP: Adani Power makes Rs 2,600-crore offer for Essar Power MP under IBC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/adani-power-makes-2600-cr-offer-for-essar-power-mp-under-ibc/articleshow/81384207.cmsSynopsis A lender group is negotiating with Adani to sweeten the terms of the deal. The group wants at least Rs 400 crore more,
Large Indian lenders seek time on standing instructions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-seek-time-on-standing-instructions/articleshow/81381522.cms Synopsis–Banks have also requested RBI to exclude transactions against pre-existing standing instructions and those with international merchants from the new conditions for e-mandates
Ideal Indian woman, work outside home–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/ideal-indian-woman-work-outside-home/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Brave women’s rights activists and giggly teenagers will
No work-life balance: Pandemic burdens women more than men with personal & professional responsibilities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/no-work-life-balance-pandemic-burdens-women-more-than-men-with-personal-professional-responsibilities/articleshow/81466458.cmsSynopsis Work-life balance turned more challenging for women during the pandemic. MUMBAI: A majority of women found it much more challenging to manage both professional work from home and personal responsibilities at
Working women want to return to office, now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/wfh-stories-working-women-want-to-return-to-office-now/articleshow/81440800.cmsSynopsis While work from home (WFH) has its own benefits, the stress of multi-tasking—switching identities every 15 minutes from a professional to a mother
Joe Biden, Democrats prevail as Senate OKs $1.9 trillion COVID-19 relief bill – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/joe-biden-democrats-prevail-as-senate-oks-1-9-trillion-covid-19-relief-bill/articleshow/81372444.cmsSynopsis After laboring all night on a mountain of amendments – nearly all from Republicans and rejected – bleary-eyed senators approved the sprawling package
tax settlement scheme: Companies opt for tax settlement scheme, face probe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/companies-opt-for-tax-settlement-scheme-face-probe/articleshow/81384578.cms SynopsisSabka Vishwas (Legacy Dispute Resolution) Scheme, or SVLDR, was introduced to clear the backlog of erstwhile indirect tax disputes for companies to get
Tata seeks CCI nod to buy majority stake in BigBasket – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/tata-proposes-to-take-majority-stake-in-bigbasket/articleshow/81470103.cmsSynopsis In the filing with the Competition Commission of India, Tata Digital Ltd, a wholly owned unit of Tata Sons, proposed to buy 64.3%
India’s IIP contracts to 1.6% in Jan; retail inflation rises to 5.03% in Feb – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/double-whammy-indias-industry-output-contracts-to-1-6-jan-retail-inflation-rises-to-5-03-in-feb/articleshow/81467922.cmsSynopsis The National Statistical Office (NSO) in the Ministry of Statistics and Programme Implementation (MoSPI) released the Quick Estimates of Index of Industrial Production
Basic customs duty on imported solar cells, modules positive for domestic OEMs: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/basic-customs-duty-on-imported-solar-cells-modules-positive-for-domestic-oems-icra/article34053324.ece But may result in increase in solar tariffs The Government move to impose a basic customs duty (BCD) of 25 per cent on
The ‘right way’ towards a $5-trillion economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-right-way-towards-a-5-trillion-economy/article34046388.ece With focus on capex and R&D, Budget 2021 has given a push to the domestic market, which holds the key to India’s growth
Auto dealers may see pre-Covid levels of revenue, profitability in FY22: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/auto-dealers-may-see-pre-covid-levels-of-revenue-profitability-in-fy22-crisil/article34044340.ece Recovery in new vehicle sales, and ancillary revenues will also help restore operating profitability Automobile dealers in the country may see their revenue
Bank privatisation as an experiment | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/bank-privatisation-as-an-experiment-121031101402_1.html The government must test the efficacy of privatising two banks first before going the whole hog Say this for the proposed move to
Marriott hotels to add 7 seven new properties in India as visitors check in | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/marriott-hotels-to-add-7-seven-new-properties-in-india-as-visitors-check-in-121031101342_1.html Group is operating at 50 per cent plus room occupancy, says senior executive as industry bets on domestic leisure travelers Two properties will
Customs duty on imported solar cells likely to hike power bill by 20% | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/customs-duty-on-imported-solar-cells-likely-to-hike-power-bill-by-20-121031101415_1.html There is a 14.5-per cent safeguard duty on imported solar gears from China and Malaysia. SEZ manufacturing units are considered on a par
NITI Aayog submits first list of about 12 PSUs for privatisation | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/niti-aayog-submits-first-list-of-about-12-psus-for-privatisation-121031200061_1.html Banks, insurers part of the list as process kicks off In her Budget Speech, Finance Minister Nirmala Sitharaman had announced privatising two public
Tata Motors sees volumes rising 30% in CV segment in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tata-motors-sees-volumes-rising-30-in-cv-segment-in-fy22/article34046709.ece Girish Wagh, President, Commercial Vehicle Business Unit, Tata Motors – The Hindu Girish Wagh, President, Commercial Vehicle Business Unit, Tata Motors – The
Through the looking glass: India’s $550 billion stimulus – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/through-the-looking-glass-indias-550-billion-stimulus/2210832/ Relaxation in fiscal deficit targets creates enhanced fiscal space; this offers an opportunity to build India The central government has indicated in the
A higher operative inflation target may hurt growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/a-higher-operative-inflation-target-may-hurt-growth/articleshow/81450628.cmsSynopsis The recent firming up of food prices, cooking gas and rising petrol prices are expected to push CPI-consumer price index (CPI) inflation up