CFOs, analysts say moratorium on interest is key to tide over crisis
The NSO has pegged the economic growth at 5 per cent for FY2019-20 in its second advance estimates released last week
Don't be afraid to approach the lender for loan restructuring
The survey comes months after official data showed that unemployment is at a four-decade high, the pace of economic growth slipping to a six-year low
Regulations on rights issue, portfolio managers revamped
Sebi would revise the norms for issuance of shares on right basis to existing shareholders
A special leave petition in the SC was filed on Monday and it is expected to be listed in the next few weeks
Officials have prepared SEL Manufacturing's assets list that includes a jet and a school
Amid concerns over banks citing 'client confidentiality' to resist sharing of information on delayed loan repayments and possible defaults by their borrowers, capital market regulator Sebi on Wednesday announced new norms to make it mandatory for companies to provide these details to credit rating agencies. Amid numerous cases of huge loan defaults by corporates, including in cases like Infrastructure Leasing & Financial Services Ltd (IL&FS), credit rating agencies have also come under the scanner for failing to flag potential credit risks of the securities and entities rated by them. However, the rating agencies have often sought to shift the blame to companies and lenders by claiming that they find it difficult to get information about delay in meeting bank obligations and payment failures which are considered early indicators of a default. Officials said there have been occasions when some entities have sought to take the benefit of certain regulatory gaps as banks are ...
A fashion show is an entertainment and therefore, the sponsors are liable to pay entertainment tax, the Karnataka high court ruled last week
You're at risk of making the same financial mistake as your parents