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News digest: NPA disclosure rules, anti-profiteering clause, and more

From RIL's plan to reduce debts to SEBI's revised proposal on NPA disclosure, BS brings you up to date with the latest news

BS Web Team 

Budget 2018 News digest

Capital expenditure done, Reliance Industries now eyes debt reduction

In June 2011, at 37th annual general meeting (AGM), Chairman and Managing Director had told shareholders that RIL would be a “debt-free” company.

Ten months later, RIL was virtually debt-free on a net-cash basis at the consolidated level, after considering its cash and bank balances as well as investments. Read more

NPA disclosure rules: Sebi keen on implementing a revised proposal

The has approached the and the to look into its proposal mandating listed companies to make public disclosures within a day of loan defaults. Read more

Jittery over govt's anti-profiteering drive under GST, firms may move court

Anxious over the government's anti-profiteering drive under the goods and services tax regime, companies in the segments of and information technology (IT) software are planning to petition the high courts in Delhi and Mumbai, seeking more clarity on the clause.Read more

Budget 2018: Agriculture sector to get top priority, says Arun Jaitley

Ahead of the Union Budget, Finance Minister Arun Jaitley on Sunday said the agriculture sector was the top priority for the government because the country’s economic growth is not “justifiable and equitable” unless the benefits are “clear and evident” in the farm sector. Read more

JSW to bid in partnership with a global PE player for today

will make a bid on Monday in partnership with a global private equity (PE) player for debt-laden

The bid deadline for Binani is Monday.

managing director Parth Jindal said the PE entity would have a majority in the proposed entity. Read more

First Published: Mon, January 15 2018. 04:44 IST