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
Bad Banks: Not by sovereign guarantee–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/bad-banks-not-by-sovereign-guarantee/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. A sovereign guarantee for the security receipts issued
Cost to cover default risks goes up for banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/cost-to-cover-default-risks-goes-up-for-banks/articleshow/82295319.cmsSynopsis Credit Default Swaps (CDS), an insurance against default, tied to ICICI Bank and State Bank of India are now at elevated levels that
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
Upholding the ‘right of refusal’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/upholding-the-right-of-refusal/article34239257.ece A general understanding of the ‘Right of first refusal’ and the power of the Board to refuse registration of transfer could be gained
RBI’s renewed challenges | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-renewed-challenges-121042701330_1.html The second wave could increase risk for the banking system The Indian economy has been recovering well in recent months but a sudden
Banks with assets of more than Rs 15,000 crore must hire two auditors | Business Standard News
lipped from: https://www.business-standard.com/article/finance/commercial-banks-ucbs-to-have-a-minimum-of-two-firms-for-statutory-audit-121042700399_1.html Any bank with a balance sheet of less than Rs 15,000 crore can have one statutory auditor. However, in all cases, concurrent auditors
MSMEs urge FM Nirmala Sitharaman to review NPA classification norms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/msmes-urge-fm-nirmala-sitharaman-to-review-npa-classification-norms-121042701411_1.html In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has
SC extends limitation period for filing of cases/appeals till further orders : The Tribune India
lipped from: https://www.tribuneindia.com/news/nation/sc-extends-limitation-period-for-filing-of-cases-appeals-till-further-orders-244912 Satya Prakash Tribune News Service New Delhi, April 27 As second wave of COVID-19 hits India, the Supreme Court on Tuesday extended the
Permission does not a bond market make–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/permission-does-not-a-bond-market-make/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Insurance regulator, Irdai, has given its go-ahead for
