Clipped from: https://www.business-standard.com/article/pti-stories/delhi-court-junks-interim-bail-plea-of-ex-fortis-healthcare-promoter-malvinder-singh-in-pmla-case-121050301380_1.html The accused had expressed apprehension that he may contract Covid-19 infection in the Tihar jail Malvinder Singh A court here has rejected the
Intel CEO says chip shortage will persist for ‘couple of years’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/intel-ceo-says-chip-shortage-will-persist-for-couple-of-years/articleshow/82364203.cmsSynopsis Demand for semiconductors was boosted in 2020 as consumers scooped up home gadgets during the pandemic. But meeting that increase has been hard,
SC asks Centre to inform about settlement of insurance claims of healthcare professionals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/sc-asks-centre-to-inform-about-settlement-of-insurance-claims-of-healthcare-professionals/articleshow/82373778.cmsSynopsis “While we are dealing with a terrible second wave of the COVID-19 pandemic, there must be an effective policy to ensure that the
Silence over labour reforms during state elections signals a deeper shift – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-silence-over-labour-reforms-during-state-elections-signals-a-deeper-shift/articleshow/82375994.cms Synopsis–In a scenario where access to oxygen cylinders, medicines, hospital beds is near impossible, none of the usual issues — GDP guesstimates, spiralling
India’s virus surge leaves another 7 million people jobless – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/indias-virus-surge-leaves-another-7-million-people-jobless/articleshow/82368881.cmsSynopsis State govts have been forced to extend curbs as the nation’s creaky health infrastructure can’t cope with the flood of virus cases, jeopardizing
IDBI Bank’s Q4 net profit soars to ₹512 crore – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/idbi-banks-q4-net-profit-soars-to-512-crore/article34471388.ece?homepage=true Sees robust 37.5 per cent increase in net interest income IDBI Bank’s standalone net profit soared almost four times in the fourth quarter
Apex Court: Cannot stop media from reporting judges’ oral observations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/apex-court-cannot-stop-media-from-reporting-judges-oral-observations/article34473345.ece “Unfolding of process of judicial thinking is equally of interest to the public” The ECI had complained to the Supreme Court about certain
Kotak Mahindra Bank’s consolidated net profit rises 36% in Q4FY21 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/kotak-mahindra-bank-s-consolidated-net-profit-rises-36-in-q4fy21-121050300721_1.html Private sector lender Kotak Mahindra Bank on Monday reported a consolidated net profit of Rs 2,589 crore in the March quarter of FY21, up 36
India Trade Deficit: Record growth in April exports, trade deficit swells to $15.24 billion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/india-april-trade-deficit-at-15-24-billion/articleshow/82351264.cmsSynopsis Major export commodities which have recorded positive growth in April include gems and jewellery, jute, carpet, handicrafts, leather, electronic goods, oil meals, cashew,
Vodafone Idea: Can raise $1 billion by June, Vodafone Idea tells lenders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/can-raise-1b-by-june-vodafone-idea-tells-lenders/articleshow/82360491.cmsSynopsis Separately, one of Vi’s domestic lenders, a large public-sector bank, recently extended a bank guarantee for about Rs 1,420 crore by another year,
Yes Bank not to sell bad loans to NARC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/yes-bank-not-to-sell-bad-loans-to-narc/articleshow/82360830.cmsSynopsis The bank, meanwhile, is pursuing its objective of owning a majority stake in an ARC and is waiting for the new set of
Why MSMEs need help again and why the govt’s earlier approach may not work? | Business Standard News
Clipped from: https://www.business-standard.com/article/opinion/second-wave-of-coronavirus-pandemic-what-rbi-can-do-to-help-121050300092_1.html Unless the Reserve Bank comes forward and helps banks to handhold the MSME borrowers, bad loans will swell in the September quarter Till
Second wave of coronavirus pandemic: What RBI can do to help | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/second-wave-of-coronavirus-pandemic-what-rbi-can-do-to-help-121050300092_1.html Unless the Reserve Bank comes forward and helps banks to handhold the MSME borrowers, bad loans will swell in the September quarter Till
Govt mulls more Covid relief measures for businesses amid second wave | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-mulls-more-covid-relief-measures-for-businesses-amid-second-wave-121050300037_1.html The Centre and the RBI are exploring options for businesses hit hard by the second wave The government and the Reserve Bank of India (RBI)
Jet Airways resolution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/flight-plan/jet-airways-left-with-no-slots-to-revive/article34464782.ece Resolution of slot re-allotment is needed for the revival of the beleaguered airlines and the future of other carriers The weather is still
The fate of PPAs under IBC decided – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-fate-of-ppas-under-ibc-decided/article34465722.ece The Supreme Court has ensured the continuance of power purchase agreements (PPA) between the power generators and the buyers In a finding that
ICAI to move RBI for tweaking of bank auditor appointment norms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/icai-to-move-rbi-for-tweaking-of-bank-auditor-appointment-norms/article34466122.ece Wants the cooling off period retained; suggests central bank setting minimum number of auditors The Reserve Bank of India’s new rules on statutory
90% women hesitate to ask for a raise at work: Harappa survey – The Financial Express
Clipped from: https://www.financialexpress.com/jobs/90-women-hesitate-to-ask-for-a-raise-at-work-harappa-survey/2243522/ 85% women professionals feel that at least once in their career they have been perceived as ‘bossy’ or ‘dominating’, when they were just
TReDS platform RXIL discounts receivables worth Rs 1,000 crore in a month – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/treds-platform-rxil-discounts-receivables-worth-rs-1000-crore-in-a-month/2228011/ Credit and Finance for MSMEs: From transactions worth Rs 69 crores in April 2020, RXIL reached a whopping Rs 1,105 crore in March
Pre-pack insolvency for MSMEs: How it differs from corporate insolvency resolution process; key features – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/pre-pack-insolvency-for-msmes-how-it-differs-from-corporate-insolvency-resolution-process-key-features/2244529/ Ease of Doing Business for MSMEs: The minimum default threshold of Rs 10 lakh, which has been prescribed for initiating the process, would
