Page 7 - Assets

Finance Bill: Asset distribution to partners will attract capital gains tax

Various courts and tax authorities have ruled both in favour and against imposition of capital gains in such cases.

Street signs: HNI IPO bets on thin ice, lapse in rights entitlement & more

At a fund house level, more than 10 per cent of assets can be invested in perpetual bonds of a single issuer

MCA21 Version 3.0: Govt's automated system to keep an eye on firms

The centre will issue warning if it detects suspicious practices

Seizing Indian assets won't be easy for Cairn Energy, say experts

Experts say enforcement of the award will face a passive hurdle in Article V of the NY Convention

Dipam readies ground for monetisation of assets, seeks list from ministries

Seeks list of potential assets from ministries, govt departments, PSUs

Retail engine revs up but YES Bank has hands full on asset quality

Its deposit base as of December 31, 2020 (Q3) had risen to Rs 1.46 trillion, up 8 per cent sequentially, though below a year ago's Rs 1.65 trillion

Plan to monetise 100 public sector assets, drawing Rs 2.5 trillion: PM

Says government has no business to be in business; 'Our mantra is monetise and modernise'

Loans with dues in excess of 90 days show spike in Dec 2020: ICRA

The delinquencies, which were 0.6-0.7 per cent level in February, shot up to 3.4-3.6 per cent in case of SME and MFI segment by December

Month-on-month revenue since October better than FY20: L&T IDPL's Pathak

The good news is that since October 2020, revenues for FY2021 month-on-month are much better compared to FY2020, said CEO Pathak

India considers new panel to quicken privatisation of state-run firms

An external panel will help accelerate the asset sale process and bypass red tape, according to the people.

Unlocking public assets

Govt's plan to monetise assets has rewards and risks

Institutional investments record a sharp rebound in 2020, shows data

While more than half of the Rs 36,500-crore investment materialised in the last quarter, limited number deals indicate a narrow-based recovery so far.

Outsource asset allocation to a fund

Raising equity allocation when the market is down and reducing it when it is soaring is difficult. Let dynamic asset allocation funds do it for you

Prestige Estates to sell assets worth Rs 11,000 cr to Blackstone, cut debt

Indian company plans to build twice the amount of commercial property space it is selling to the global fund manager.

NCLT approves sale of IL&FS' education assets to Falafal Technology

IIDMCC is the wholly-owned subsidiary of ITNL International Pte Limited (IIPL), which in turn is a wholly-owned subsidiary of IL&FS Transportation Networks Ltd

Investors might face high taxation, volatility in multi-asset play

Positioned as a one-stop solution for investors, funds may not live up to the tag as higher taxation can affect returns

Covid-19 may turn extra Rs 1.67 trn debt into delinquent assets: Ind-Ra

This is over and above Rs 2.54 trillion anticipated prior to onset of pandemic, taking the overall quantum to Rs 4.21 trillion, or 6.63% of total debt

Pushing the pedal on asset recycling

Incentivise states to deliver on the infrastructure agenda

Want to make small alterations to your will? You could do so via Codicil

However, if you wish to make major changes, writing a new Will altogether would be a better idea

Macquarie targets $675-mn bet on green, tech assets to ramp up investment

The fund's anchor investors are Belgian private investment firm Verlinvest SA, a New York headquartered single-family office, a global fund of funds and a Middle East single-family office