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Union Cabinet clears policy on privatisation of PSUs

The Union Cabinet has paved the way for the much-awaited policy on the privatisation of public sector undertakings (PSUs). However, its details are…

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New CSR rules to come in effect from 1st April

One would be glad to know that the CSR Act completed five years on 1st April, 2019. The Act was conceived to convey accountability of the business…

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RBI proposes 4-layered framework for regulation of NBFCs

The Reserve Bank of India (RBI) has floated a discussion paper proposing a four-layered structure for the regulation of non-banking financial companies…

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Kerala govt. passes resolution against CAG’s audit report

The Kerala Government has passed a resolution against the Comptroller and Auditor General’s (CAG) audit report that had adverse remarks against the…

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Ministry of mines to allow letter of intent to be transferred to bidder through insolvency route

The Ministry of Mines is considering to allow transfer of letter of intent (LoI) handed out to a bidder even before prospecting or mining leases are…

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RBI imposes Rs 2 cr. fine on Standard Chartered Bank

The Reserve Bank of India (RBI) has imposed a penalty of Rs 2 crore on Standard Chartered Bank, India for delays in reporting of frauds. The fine has…

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MoU between Telangana & Gujarat to Support Women Entrepreneurs

WE HUB, the first state-led incubator of India to nurture and promote women entrepreneurship set up by Telangana Government, has notified a joint partnership…

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YES BANK launches YES MSME, a comprehensive proposition enabling easy access to funding, knowledge partnerships and digital solutions

Udaipur: On 19 January 2021, YES BANK has unveiled YES MSME, which is a proposition to strengthen more the Micro, Small and Medium Enterprises (MSMEs)…

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