CA Vinit Vyankatesh Deo, Chairman, Posiview Group gives 5 reasons why another Tax & Spending based stimulus to boost demand may be in pipeline. Demand for Demand generation not met A Stimulus has 3 objectives viz. first Liquidity in the system to keep it functioning, second measures to boost demand and protect existing industriesContinue reading
“Even as we work through the current crisis, we are focused on the future and are investing towards it,” Daniel Mazon, vice chairman and managing director for Indian subcontinent at Philips India, told ET. Read more at: https://economictimes.indiatimes.com/industry/cons-products/electronics/philips-to-invest-rs-300-crore-in-india-manufacturing-rd/articleshow/75695474.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
The partnership would enable free-of-cost testing for COVID-19 to a large number of people from disadvantaged and marginalised communities, using NCBS-TIFR and inStem’s high-capacity technical capabilities and skilled scientific personnel, an Azim Premji Foundation statement said. Read more at: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/azim-premji-foundation-ncbs-instem-ink-partnership-on-enhanced-testing-for-covid-19/articleshow/75803317.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Now, insolvency proceedings will not be initiated up to 1 year. Earlier, the MCA had extended it to six months. Read more at: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-provides-covid-19-relief-no-fresh-insolvency-proceeding-against-msmes-for-1-year/articleshow/75785351.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
The government will also notify a list of strategic sectors where presence of public sector enterprises (PSEs) is require Read more at: https://www.moneycontrol.com/news/business/govt-to-open-all-sectors-to-private-players-fm-sitharaman-5277761.html
Private companies, which list their non-convertible debentures on stock exchanges, will now not be regarded as listed companies Read more at: https://www.moneycontrol.com/news/business/cos-can-now-directly-list-their-securities-in-foreign-jurisdictions-fm-5277771.html
No fresh insolvency to be initiated for one year under IBC: Finance Minister Minimum threshold to initiative insolvency proceeding has been raised to Rs 1 crore from Rs 1 lakh to benefit MSMEs, she said adding that an Ordinance will be promulgated to bring this change in IBC. Read more at: https://realty.economictimes.indiatimes.com/news/regulatory/no-fresh-insolvency-to-be-initiated-for-one-year-under-ibc-finance-minister/75787259
Pune | Updated: April 6, 2018 8:13:04 am The e-toilet infrastructure would enable connectivity over GPRS network, which would ensure real time monitoring of the usage and health status of the toilets. Written by Ajay Jadhav The Pune Municipal Corporation (PMC) is going to have state-of-the-art e-toilets at 11 locations across Pune. Each e-toilet willContinue reading
TNN | Updated: Apr 8, 2018, 10:47 IST PUNE: The Maharashtra Metro Rail Corporation (MahaMetro) conducted a drone-based survey of the proposed Swargate-Katraj route on Saturday to help prepare a detailed project report. About six flights of the drone, which had a camera attached to it, were carried out on the 6km stretch. The entireContinue reading
TNN | Updated: Apr 8, 2018, 11:33 IST The facility will be introduced for Pune district and then replicated in the state from May 1, said state IGR Anil Kawade. State revenue minister Chandrakant Patil announced the facility on Saturday. While the department had been accepting registration and stamp duty charges through e-payment, offices underContinue reading
