Clipped from: https://www.thehindubusinessline.com The net loss of scam-hit Dewan Housing Finance Corporation Ltd (DHFL) widened in the fourth quarter of FY20 to ₹7,635 crore, against ₹2,223 crore in
After 70 per cent jump in FY20, liquidation cases under IBC set to surge amid Covid crisis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com While recent amendment bans insolvency on Covid defaults, 3,774 cases already admitted under IBC face a dim future With the Covid-19 pandemic causing
Mortgage norms: Tightened or relaxed? | Business Standard Column
Clipped from: https://www.business-standard.com From 50 per cent, a home finance firm’s exposure to retail loans will go down to 37.5 per cent. Instead of a floor
Developed land sold as plots will attract GST: AAR – The Financial Express
Clipped from: https://www.financialexpress.com The AAR has also concluded that sale of developed plots will be covered under the clause ‘construction of a complex intended for sale
Companies bargaining for rental discount, serving termination notices–The Economic Times
Clipped from: https://economictimes.indiatimes.com COVID-19: Companies bargaining for rental discount, serving termination notices Many firms are looking to cut down on their rental costs after implementing work
AIMTC says 65 per cent trucks sitting idle due to spiralling fuel prices, corruption – The Economic Times
Clipped from: https://economictimes.indiatimes.com Unbridled hike in fuel prices and rampant extortion at border check-posts in states have hit truckers hard, and if the government fails to
ITC cannot be availed on GST paid for hiring vehicles for employee transportation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ The AAR in its ruling said since the applicant failed to cite any law under which the service of providing transportation facility to
The discontents of decoupling | Business Standard Column
Clipped from: https://www.business-standard.com Economic delinking with China makes no sense for India; investment, growth and public welfare will suffer Two years ago, the United States accused
IBC: Government’s Covid-19 insolvency relief may be a double-edged sword – The Economic Times
Clipped from: https://economictimes.indiatimes.com The directives of the Central Government to tide over these trying times are laudable. However, many of these changes are myopic and will
Independent directors – The evolving company resource during a pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com Independent directors are appointed for their expertise in particular areas of corporate governance. Their tenure of five years on their company’s Board of
25% Indians willing to stop insurance premiums: Survey – The Economic Times
Clipped from: https://economictimes.indiatimes.com Almost a third of consumers in India are feeling overwhelmed or anxious about their financial future — the second highest among APAC markets
No threat yet to US dollar’s status as world’s reserve currency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The claims that China’s central bank-backed digital currency will replace the dollar are exaggerated and lack validity Ever since China started pilot project
Post-crisis, India should increase its integration with the global economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com In the absence of American leadership, India and other developing countries need to champion the cause of WTO and global trade. Readers of
Skill India hasn’t yielded much to boost MSME labour output: Economist – The Financial Express
Clipped from: https://www.financialexpress.com Sharing similar views, executive vice-president (Wadhwani Advantage) of Wadhwani Foundation Samir Sathe stressed the need to strengthen SMEs to meet growing demand and
ITR Filing: Know the changes in Form 26AS before filing your income tax return – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/itr-filing-know-the-changes-in-form-26as-before-filing-your-income-tax-return/1997949/ The new Form 26AS will provide the information available with the tax authorities like sale and purchase of property transactions amongst others. For
Amrapali case: ED to question JP Morgan officials including Chinese director – The Economic Times
Clipped from: https://economictimes.indiatimes.com The apex court said that the money would be used for completing the pending projects of the now defunct Amrapali Group. Officials probing
An auto-industry recovery appears far away. Vehicle-carrier companies are drastically scaling down. – ET Prime
Clipped from: https://prime.economictimes.indiatimes.comThe fate of an entire industry is hanging by a thread. With losses and debt woes mounting, automobile-carrier companies, big and small, are drastically
ICICI Lombard pares waiting period, adds home care facility in health plans | Business Standard News
Clipped from: https://www.business-standard.com Waiting period for bew customers reduced from 30 days to 15 days for covid-related claims with no hike in premium. Claims related to
Supreme Court seeks govt response on plea challenging IBC Act validity – The Financial Express
Clipped from: https://www.financialexpress.com The apex court also asked parties to maintain a status quo with regard to the pending applications filed by homebuyers with the NCLT
Supreme Court: Consider interest waiver during moratorium – The Financial Express
Clipped from: https://www.financialexpress.com Earlier, the RBI had also informed the SC that any “forced” interest waiver on loan moratorium will risk financial viability and hurt banks
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