Page 45 - Ruchika Chitravanshi/workspace/business Standard Web/video

New global financing pact on table as FM Sitharaman leaves for Paris

Will attend summit on setting up a new global financing architecture to address climate change, biodiversity crisis

Areas like blockchain, algorithmic collusion new challenges: CCI's Kaur

As the CCI chairperson, with the CCI now having a full quorum, my top priority is to address the pending cases related to antitrust and anti-profiteering

Govt starts interministerial discussions on the upcoming IBC Amendment Bill

MCA is aiming to bring the bill in the monsoon session of the parliament if the discussions are concluded by then

MCA considering easing moratorium rules in IBC for certain sectors

Section 14 of the IBC declares a moratorium on proceedings, transfer or disposal of any of the assets of the company from the date of commencement of its insolvency

Leased petroleum assets under IBC to be exempt from moratorium: MCA

New rule aimed at ensuring national petro assets don't lie idle; petroleum ministry can repossess such assets such as oil wells and give them to another party

Countries must be aware of high fiscal cost of climate change: CEA

Nageswaran also said it may not be possible to attain all three goals of becoming net zero, achieving economic competitiveness, and attaining fiscal sustainability

India's GDP reaches $3.75 trillion-mark in 2023, says Finance Ministry

CEA says it's time to catch up with the pre-pandemic trend

Govt transfers Rs 1.18 trn as third instalment of tax devolution to states

The size of the instalment to the states is also a reflection on the Centre's revenues

Go First lenders discuss revival plan; appoints new resolution professional

Lenders however have opted for a new resolution professional as Lal was selected by the Go First management

IBBI proposes changes to voting on bids for bankrupt companies under IBC

IBBI has also proposed to increase the fee of the AR to be commensurate with the increased duties to double the current levels

Explained: Why IBC is less bankable for the resolution professionals

Increasingly, firms are now outsourcing many of these services and using the company employees instead of getting outsiders

Competition Commission of India lens on Big Tech as Apple probe nears end

The new Chairperson, Ravneet Kaur, along with other members, is expected to take up the matter in their meeting soon, along with several other pending cases against Big Tech companies

NITI Aayog meet: PM advises fiscal prudence, work towards 'Viksit Bharat'

The meeting was attended by the chief ministers and Lt governors representing 19 states and 6 UTs

IEPFA reaches out to top hundred firms to ease investor claims' process

One of the big challenges the authority currently faces is the lack of manpower which often slows down its grievance redressal mechanism

Govt mulls changes to MSME prepackaged scheme, more teeth for IBBI

Experts feel that the current voting limit of 66 per cent for initiating the prepack process is a very rigid condition, which has been a deterrent for MSMEs

Adani-Hindenburg: SC panel urges centralised database of unclaimed property

Database would aim to track rightful owners of such property and enable proven legal heirs to get full picture of investments and savings of the deceased and claim their money

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Jet Airways was much bigger when it shut down in 2019. It operated a fleet of 100-plus aircraft out of over 40 domestic and 24 international locations

IAS officer with varied experience: Ravneet Kaur, first woman chief of CCI

Appointment completes quorum at anti-trust regulator, enables it to tackle pending cases

CA, company secys fret over increased compliance burden under new PMLA

Transactions carried out by practising CAs, CSes, and CMAs on behalf of their clients under the scope of PMLA

Electrification of Fleet: NITI sets FY31 target for Ola, Uber in green push

Ride-hailing company Uber has committed to 100% of rides taking place in zero-emission vehicles, on public transit, or with micro-mobility by 2040