Clipped from: https://www.thehindubusinessline.com/economy/ibbi-gives-marketing-push-to-corporate-insolvencies/article65903367.ece Stipulates framing of marketing strategy for asset sales in resolution of companies with assets above ₹100 crore; also allows part sale of assets
As loan growth hits 9-year high, deposit rates set to rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/as-loan-growth-hits-9-year-high-deposit-rates-set-to-rise/article65903826.ece With liquidity shrinking, banks will need to mop-up deposits by hiking rates The Nifty Bank index touched an all-time high 41,209 points last
Tax Query: How can I claim capital loss from DHFL shares/NCDs? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-how-can-i-claim-capital-loss-from-dhfl-sharesncds/article65895696.ece Capital gains/loss comes into the picture only when a capital asset is transferred Can I claim capital loss with regard to DHFL shares?
Did Byju’s bite off more than it could chew? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/companies/did-byju-s-bite-off-more-than-it-can-chew-122091600095_1.html Education technology company Byju’s FY21 revenues came in flat, and its losses have widened about 20 times. While it may survive this crisis,
Voltas slips 8%, hits lowest level since January 2021 on demand concerns | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/voltas-slips-8-hits-lowest-level-since-january-2021-on-demand-concerns-122091600704_1.html The management expects demand in Q2FY23 to be subdued for cooling products due to low seasonal demand Shares of Voltas hit a 52-week low of
MSME federation FISME cautions businesses against alleged unethical practices by Axis Bank | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-federation-fisme-cautions-businesses-against-alleged-unethical-practices-by-axis-bank/2665632/?utm_source=sme_landing_page&utm_medium=article_listing_widget&utm_campaign=Tags Credit and Finance for MSMEs: According to FISME, Axis Bank may levy fake claims in the name of ‘non-compliance charges’ against its MSME
Paytm’s total merchant base goes up 8 million in 14 months | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/paytms-total-merchant-base-goes-up-8-million-in-14-monthsnbsp/2671513/ “Every quarter we are deploying an additional one million such devices in India,” he claimed. Paytm is facilitating monthly peer-to-merchants transactions worth over
5 ways fintechs can help MSMEs solve their creditworthiness issues | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-5-ways-fintechs-can-help-msmes-solve-their-creditworthiness-issues/2671341/ Credit and finance for MSMEs: While there was an expected dip in credit demand during the roughest years of the pandemic, the MSME
Key GST related issues MSMEs must convey to govt for resolution | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-key-gst-related-issues-msmes-must-convey-to-govt-for-resolution/2671304/?utm_source=most_read_widget&utm_medium=endofarticlelinks&utm_campaign=Engagement Ease of Doing Business for MSMEs: Since GST is a destination-based tax, it is suggested to consider postponement of the taxation on stock
Inflation easing but stay cautious: Finance ministry report | The Financial Express
Clipped from: https://www.financialexpress.com/economy/inflation-easing-but-stay-cautious-finance-ministry-report/2672145/ Says soaring consumer sentiment, rising employment to sustain growth. While retail inflation dropped from 7.79% in April to 7% in August, wholesale price
Is a line of credit right for your business recession plan? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/is-a-line-of-credit-right-for-your-business-recession-plan/articleshow/94236658.cms Synopsis One option to consider is to apply for a business line of credit — even if you don’t need it right now.
PM Modi launches National Logistics Policy (NLP), strengthen India’s supply chain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/pm-modi-launches-national-logistics-policy-nlp-strengthen-indias-supply-chain/articleshow/94269540.cms Synopsis One of its key objectives would be to make Indian logistics competitive in terms of global standards. Some key thrusts include, IDS
zeptos: I was laughed out of investor meetings, they said 10-min delivery won’t work: Zepto’s Aadit Palicha – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/i-was-laughed-out-of-investor-meetings-they-said-10-min-delivery-wont-work-zeptos-aadit-palicha/primearticleshow/94136245.cms Synopsis“We sensed that the market was tanking. I was very clear that 60 days later it was not going to be available,” says
Russia Sanctions Impact: How sanctions are hurting the West more than Russia, and why it is good news for India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/energy/how-sanctions-are-hurting-the-west-more-than-russia-and-why-it-is-good-news-for-india/primearticleshow/94159791.cms SynopsisRussia is frequently halting gas supplies to the EU through Nord Stream 1. As EU reels from skyrocketing energy prices, Russia’s gas revenues
Accenture | TCS: Accenture is mining USD14 billion in interactive gold. Now TCS, Infosys, et al. are digging, too.
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/accenture-is-mining-usd14-billion-in-interactive-gold-now-tcs-infosys-et-al-are-digging-too-/primearticleshow/94130046.cms SynopsisAdvertising and IT are entirely different businesses. In 2009, Accenture decided to bring them together, buying a slew of creative agencies. Other Indian
fed: The Fed in Wonderland: Quantitative easing, tightening are much like Alice’s Eat Me, Drink Me game – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/the-fed-in-wonderland-quantitative-easing-tightening-are-much-like-alices-eat-me-drink-me-game/primearticleshow/94082716.cms SynopsisAfter keeping interest rates low for years, the US Federal Reserve has taken to quantitative tightening. From September 1, the Fed started to
After demerger of pharma business, up to 37% upside seen in Piramal Enterprises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/after-demerger-of-pharma-business-up-to-37-upside-seen-in-piramal-enterprises/articleshow/94267010.cms Synopsis The management will now be looking to scale up its loan book, which will entail a consolidation in the wholesale book and
Ease of doing business: ‘Small company’ limits relaxed further – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/ease-of-doing-business-small-company-limits-relaxed-further/articleshow/94256665.cms Synopsis Small companies are not required to include cash flow statements in their financial reports, need hold only two board meetings a year
income tax compounding: Income Tax department relaxes norms for compounding of offence – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/income-tax-department-relaxes-norms-for-compounding-of-offence/articleshow/94273116.cms Synopsis Issuing the revised guidelines for Compounding of offences under the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) said: “The
China exports: Chinese economy’s export pillar shows cracks from global slowdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/chinese-economys-export-pillar-shows-cracks-from-global-slowdown/articleshow/94236918.cms Synopsis Alarm bells sounded for China’s $18 trillion economy when trade data last week showed export growth well short of expectations and slowing
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