MSME and Delayed payment
The Government of India enacted the Micro, Small and Medium Enterprises Development Act, 2006 (the Act) to ensure timely and smooth flow […]
Month: November 2018
Bankers hope to resolve these 4 power plants by December as SC resumes hearing on stressed assets
Bankers are hoping to resolve at least four troubled power plants by end-December, even as as the Supreme Court resumes the hearing […]
Banks move DRT to enforce personal guarantees provided by Dhoots for Videocon loans
A consortium of banks has applied to the debt recovery tribunal in Delhi seeking to enforce personal guarantees on the promoters of […]
NCLT defers Essar Steel hearing to December 10
The National Company Law Tribunal’s Ahmadabad chapter has deferred the Essar Steel hearings till the second week of December citing inadequate bench […]
NFRA to now regulate audit and auditors of vulnerable entities
With the objective of arresting the financial scams that the nation has witnessed of late the ministry of corporate affairs (MCA) has […]
GST collection: Couple of highs, but way short of Rs 12 trillion target
The collections from goods and services tax (GST) was projected to be Rs 12 trillion in the current financial year. In other […]
Arvind rolls out garment manufacturing hub in Gujarat
As part of its expansion strategy, Arvind Ltd, the $1.7 billion textile-to-retail conglomerate, on Tuesday announced the launch of its largest garment […]
Airtel, Vodafone Idea improve revenue in metros, Reliance Jio becomes stronger: Report
Telecom operators Airtel and Vodafone have shown some recovery in terms of revenue in metro cities during the September quarter, while Reliance […]
Japan’s NTT acquires 55% stake in 63moons’ subsidiary Atom for $9 mn
Tokyo-headquartered NTT Data, a leading IT services provider, has acquired 55.35 per cent stake in Atom Technologies, a subsidiary of 63moons technologies, […]
RERA flooded with complaints from Homebuyers
Chennai sources stated that within a year of its implementation, the Real Estate Regulatory Authority in several states is flooded with complaints […]