A major scam hit the bank in the mid-1990s when M Gopalakrishnan, the then chairman and managing director, extended loans to undeserving politicians and corporations.
MSME: Chinese imports shut MSMEs down, lead to job losses: Parliamentary panel – The Economic Times
A parliamentary panel on Thursday asked the government to swiftly impose quality standards and check Chinese imports across several sectors – from toys and textiles to bulk
Across the Aisle: Debate, questions, but no answers | The Indian Express
On Friday, July 20, the government reluctantly agreed to a debate on a motion of no-confidence, the first such motion in the four years and
More reform, fewer taxes can curb black money | analysis | Hindustan Times
Illicit money may now be shifting from Switzerland to elsewhere rather than going down. Data on this is hard to come by since many banks
Motor Vehicles (Amendment) Bill: 17 things about the move that will change the way India drives – The Economic Times
The Bill is being opposed by various opposition parties for curtailing powers of state governments and favouring corporates. A vital Bill stuck in Parliament can have revolutionary
GST return forms: Draft GST return forms to be released by Monday. Here’s what to expect
Taxpayer shall be also given user friendly IT interface and offline IT tool to upload the invoices. The drafts of new forms for filing GST return will
RBI backs plan to have an ARC take over stressed power assets – The Hindu BusinessLine
The Reserve Bank of India has seconded the Rural Electrification Corporation’s proposal to form an Asset Reconstruction Company (ARC) to take over stressed assets in
Sajjan Jindal’s JSW Steel revises offer for Bhushan Power to Rs 180 billion | Business Standard News
In a dramatic twist, Sajjan Jindal’s JSW Steel has revised its offer for Bhushan Power & Steel to Rs 180 billion, prompting the committee of creditors (CoC) to invite
Sajjan Jindal’s JSW Steel revises offer for Bhushan Power to Rs 180 billion | Business Standard News
In a dramatic twist, Sajjan Jindal’s JSW Steel has revised its offer for Bhushan Power & Steel to Rs 180 billion, prompting the committee of creditors (CoC) to invite
Stressed assets: Govt wants IBC relief for a dozen power projects | Evernote Web
he Centre, in its submission to the Allahabad High Court, could seek regulatory relief for a dozen power projects with an overall debt exposure of around Rs
Abduction to blackmail: Professionals hired to resolve bad loans face risks | Business Standard News-R
Devendra Jain was abducted one muggy Mumbai afternoon last September, whisked away in a car by angry investors of an insolvent firm he was tasked
AAR of Maharashtra rules out GST refund for post-sales discounts | Business Standard News
In a setback to the common market practice of trade discounts, the Authority for Advance Rulings (AAR) of Maharashtra has ruled out a goods and services
Time to scrap the GST’s anti-profiteering authority – The Financial Express
At some point, the government has to start trusting markets to deliver, to ensure that in a competitive market-place, no firm is going to try
Income Tax return: Know who can opt for presumptive taxation scheme – The Financial Express
The deadline to file ITR for the financial year 2017-18 has been extended to August 31, 2018. It’s that time of the year when individual
Draft GST return forms ‘will be released for public comments by Monday’ – NEWS – The Hindu BusinessLine
The draft of the new simplified GST return form will be out early next week. The government proposes to seek stakeholders comments before finalising the
Tata Steel’s Bhushan Steel acquisition hits NCLAT hurdle, may get costlier | Business Standard News
Tata Steel’s acquisition of Bhushan Steel may hit a hurdle as the National Company Law Appellate Tribunal (NCLAT) will re-examine Tata Steel’s eligibility as a
NCLAT reserves order over Bhushan Steel, challenging sale to Tata Steel | Business Standard News
The National Company Law Appellate Tribunal today reserved its order over plea filed by former promoter of Bhushan Steel challenging the sale of the debt-ridden
RBI’s Public Credit Registry gives jitters to credit bureaus | Business Standard News
The country’s credit information industry will be transformed when the Reserve Bank of India’s Public Credit Registry (PCR) becomes operational. But the lack of clarity around the
RBI’s dilemma | Business Standard Editorials
When the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) discussed the bi-monthly review of the monetary stance in early June, there was a certain
GST Council approves setting up of appellate tribunal – The Economic Times
Industry has been awaiting creation of the appellate forum as the GST regime completes one year. A Goods and ServicesNSE 0.03 % Tax Appellate Tribunal (GSTAT) will
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