IBBI mandates fortnightly standing experiences from liquidators on delayed liquidation processes

Insolvency regulator IBBI has now made it obligatory for liquidators to current fortnightly progress or standing experiences that might spell out the explanations for not finishing the liquidation course of throughout the stipulated interval of 90 days or 270 days. It has for this amended its present rules on voluntary liquidations.  “If the liquidator fails … Read more

Inventory and Share Market Information, Economic system and Finance Information, Sensex, Nifty, International Market, NSE, BSE Stay IPO Information

This Jain couple selected Mulund in Mumbai for his or her youngsters’ faculty | The Tenant On this episode of “The Tenant” we meet a pair residing in a compact 2BHK condo of 580 sq. ft. Uncover their intelligent space-saving ideas, the enchantment of Mulund’s Jain group, and the condo’s handy location close to workplaces … Read more

Wonderla to take a position ₹40 crore in resort tasks to boost non-ticket income

Amusement park and resort chain Wonderla Holidays Ltd, plan to take a position an extra ₹40 crores in resort tasks to extend non-ticket revenues by the tip of the following monetary yr, stated Arun Chittilappilly, MD, Wonderla holidays. “We’re planning so as to add conference area, an journey park and one other 40 premium rooms … Read more

New India Assurance Q3 internet falls 4.5% y-o-y to ₹715 crore

The New India Assurance Firm Restricted (NIACL), a listed state-owned normal insurer, has reported 4.5 per cent decline in internet revenue for the quarter ended December 31, 2023, at ₹715 crore (₹749 crore). Within the September 2023 quarter, NIACL had recorded a internet lack of ₹200 crore.  Web premium earned for the quarter below evaluation … Read more

Web direct tax assortment surges 20%, reaches over 80% of revised estimates on higher compliance, PIT

Improved compliance and excessive development in Private Revenue Tax (PIT) propelled internet direct tax assortment to develop over 20 per cent throughout April 1 and February 20 of 2023-24, Revenue Tax Division reported on Sunday. Additionally learn: At ₹14.70-lakh crore, direct tax collections attain 81% of Funds Estimates for FY24 Aside from PIT, direct taxes … Read more

What are the rising applied sciences driving India’s fintech growth?

On this episode of the businessLine podcast, we delve into the dynamic world of India’s fintech business. Regardless of dealing with challenges just like the funding winter, fintech start-ups have skilled large progress, attracting important investments. To make clear this sector, businessLine’s Jyoti Banthia is joined by Ramanathan RV, Co-Founder, Hyperface, and Madhu Shalini Iyer, … Read more

Rupee rises 2 paise to 83.03 in opposition to US greenback in early commerce

The rupee appreciated 2 paise to 83.03 in opposition to the US greenback in early commerce on Wednesday supported by optimistic home equities. Furthermore, the weak point of the American forex within the abroad market additionally aided sentiments. On the interbank overseas change, the rupee opened at 83.03 in opposition to the greenback, registering a … Read more