07 November 2019 News and Updates
Ø Rs 25,000 crore realty booster to help affected homebuyers
Ø Sitharaman to chair FSDC meeting on Thursday
Ø Jolt to Adani as HC refuses relief in Mumbai Airport case
Ø RBI panel submits report on Core Investment Companies
Ø NFRA, RoC seek info on whistleblower complaints: Infy
Ø Moody’s warns of possible Yes Bank downgrade
Ø Complete insolvency process of Jaypee in 90 days: SC
Ø Exit from 51 PSUs can fetch Govt. 7 times disinvestment goal of Rs 1.05 trn
Ø Fitch raises India's FY20 fiscal deficit to 3.6% of GDP on sluggish growth
Ø PSU General Insurance companies seek capital infusion ahead of merger
Ø Lupin posts net loss of Rs. 127 cr, US market holds key to firm's rerating
Ø China regulator warns e-commerce platforms to stop monopolistic practices
Ø Tata Steel Q2 net rises 6% to ₹3,302 crore on tax write-back
Ø Four out of twenty coal mines awarded after bid
Ø Worst may be over for global economy amid signs of stabilisation
Ø Bajaj Electricals posts consolidated net loss of ₹32.54 crore in Q2
Ø Emami net up 17% at ₹96 crore in Q2
Ø Cairn Oil & Gas gets 10 year extension for Ravva Production Sharing Contract
Ø Cipla posts 25% rise in Q2 net profit aided by strong US, India operations
Ø Cap amount of retail and developer loans in 75:25 ratio: SBI chairman
Ø Adani Enterprises, DIAL among 4 bidders for ₹29,560 crore Jewar airport
Ø Lenders should be allowed to restructure real estate loans without NPA tag
Ø Saudi Aramco IPO: China considers up to $10 billion stake
Ø Coal Ministry not in favour of overseas acquisitions by ClL, says Pralhad Joshi
Ø India gained $755 million in additional exports to US due to US-China trade war: UNCTAD
Ø BSNL rolls out VRS scheme; expects 70,000-80,000 employees to avail it
Ø Reliance again puts off gas bid to November 15 on bidders request
Ø AstraZeneca to distribute Sun Pharma cancer medicines in China
Ø SpiceJet board to consider Q2 results on Nov 13
Ø Rupee settles 28 paise down at 70.97 against US dollar
Ø Steel consumption in India set for quantum jump: Pradhan
Ø SENSEX jumps 222 points to close at record high of 40,470
Ø Gold drops Rs. 301, silver too tumbles Rs. 906
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HC asks Tax Dept to permit GST assessees to file for transitional credit:
READ MORE- https://www.gststation.in/hc-asks-tax-dept-to-permit-gst-assessees-to-file-for-transitional-credit/
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👉Flipkart gets stay on insolvency proceedings initiated against it.
👉Mumbai bench of NCLT approves the scheme of amalgamation for the merger of Hindustan Unilever (HUL) and GlaxoSmithKline Consumer Healthcare.
👉Supreme Court directs completion of the corporate insolvency resolution process for Jaypee Infratech Ltd (JIL) within 90 days.
👉Lavasa Corporation’s Committee of Creditors (CoC) rejects bids of Haldiram and real estate builder Anirudh Kulkarni; seeks more time from NCLT.
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Himachal ready with scheme to settle dues of pre-GST era:
READ MORE-*https://www.gststation.in/himachal-ready-with-scheme-to-settle-dues-of-pre-gst-era/
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Shut down Flipkart, demands CAIT; says e-tailer caused massive GST, Income tax revenue loss to govt:
READ MORE- https://www.gststation.in/shut-down-flipkart-demands-cait-says-e-tailer-caused-massive-gst-income-tax-revenue-loss-to-govt/
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The Word "PAN" substituted by ["PAN" or "Aadhaar Number"] in Income Tax Forms.
Vide Notification No. 95/2019 dated November-07-2019 more than Hundreds of Forms, Statements, Audit Reports formats have been updated so as to give effect that wherever the word Permanent Account Number "(PAN)" has been mentioned, shall be Substituted by the Words, ["PAN" or "Aadhaar Number"].
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