25th February 2K20
Economic Times
Ø DoT seeks Rs 7,608 crore from GAIL in dues for FY18
Ø CCI orders detailed probe against Make My Trip, OYO
Ø Govt extends time till Mar 6 for queries on AI sale
Ø Bharti Infratel extends Indus merger deadline to Apr 24
Ø India gets rare oil cheap as virus grips China
Ø Fitch assigns 'BBB-' rating to REC notes
Ø Telecom industry revenue rises 9% in Q3
Business Standard
Ø India, US in discussion for a 'fantastic' trade agreement, says Trump
Ø ITC, Godfrey Phillips India bet on flavours to burn illicit trade
Ø Adani group joins race to buy Air India, plans to submit EoI by next month
Ø Tech Mahindra to acquire US-based Zen3 Infosolutions for Rs 460 cr
Ø Govt asks telcos to submit supporting documents on AGR self-assessment
Business Line
Ø TCS, DLF seek govt nod to set up SEZs
Ø CAG, govt officials hold talks to improve audit quality
Ø Australia willing to consider bilateral FTA with India on the lines of RCEP
Ø Indian Hotels Company achieves 50% of vision 2022 in 40% of allocated timex`
Ø NTPC’s 74.5% stake-buy in THDC India gets nod of competition panel
Mint
Ø RBI not as surprised as others on slowing GDP growth: Shaktikanta Das
Ø ExxonMobil inks cooperation pact with IndianOil and Chart Industries
Ø Aditya Birla Capital gets ₹1,000 cr foreign investment from Jomei
Ø Sebi reviews margin framework for cash, derivatives segments
Ø SoftBank leads $165 million capital boost for liquid biopsy firm Karius
Financial Express
Ø GAIL to invest Rs 1.05 lakh crore to create infrastructure for gas-based economy
Ø Government reallocates 6.5 lakh tonnes of unused sugar export quota
Ø Air India sale: Govt extends time till March 6 for bidders to pose queries
Deccan Chronicle
Ø Reserve Bank of India devises new plan for fin inclusion
Ø US likely to be India’s top trading partner for 2nd year
Ø China, India in talks over delay in granting permission to IAF flight: China
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Revised CARO 2020 Notified today with particular clause of Qualified Reporting by Auditors with Specific comments...
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👉 CBDT has notified Rule 114AAA u/s 139A(2) for notifying date to make PAN inoperative if the same is not linked to Aadhar of the PAN holder up to 31.3.2020, except those who are not eligible to obtain Aadhar number and those who are exempted to link u/s 139AA(3).
👉 Invitation for Public Comments on the Draft Competition (Amendment) Bill, 2020. Last Date for Comments is March 06, 2020
http://feedapp.mca.gov.in/
👉 Advertisement for filling up post of PS in SFIO on deputation basis.Pdf(56 kB)
http://www.mca.gov.in/Ministry/pdf/SFIO_24022020.pdf
👉 Advertisement of filling up post of Deputy Director Investigation in SFIO on deputation basis. Pdf(1.2 MB)
http://www.mca.gov.in/Ministry/pdf/DDSFIO_24022020.pdf
👉 Final Bank Branch Auditors Panel for the Year 2019-20 has been hosted on MEF ICAI Website.
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👉 RCom CoC to vote on resolution plan today - RCom was referred to the NCLT in May last year after an offer from Reliance Jio to buy its assets did not find favour with the creditors
The Committee of Creditors (CoC), tasked with finding buyers for the Anil Ambani-promoted Reliance Communications (RCom) and its two companies, will vote on a resolution plan today
the Resolution Professional (RP) will submit the final plan to the Mumbai Bench of the National Company Law Tribunal (NCLT) on March 5, 2020, sources close to development had told BusinessLine.
The consortium of 38 lenders is hoping to recover a substantial portion of the secured debt worth ₹33,000 crore from the process.
👉 Insolvency regulator moots rule change to replace Authorised Representative -
Plans are also afoot to provide for simultaneous voting on two or more qualifying resolution plans
A class of creditors may soon be allowed to seek an alternate ‘Authorised Representative’ (AR) to represent their claims and deal with their grievances if they are not satisfied with the performance of their present AR.
The Insolvency and Bankruptcy Board of India (IBBI) proposes to amend the Corporate Insolvency Resolution Process (CIRP) to enable the creditors in a class to replace an AR with 66 per cent of voting power of the class, similar to the replacement of a Resolution Professional (RP) in a CIRP. The insolvency regulator has sought public comments on this through a discussion paper.
Currently, there is no explicit provision for the replacement of an AR once he/she is appointed by the Adjudicating Authority.
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👉🏻CAG holds meeting with Ministries to seek suggestions on Auditing
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👉🏻CAG holds meeting with Ministries to seek suggestions on Auditing
(This would help in understanding their concerns and would also supplement the risk-assessment exercise being undertaken by the CAG in the course of finalising the annual plan of audit activities)
👇🏻 👇🏻 👇🏻
http://bit.ly/38URevC
👉🏻Insolvency and Bankruptcy Code amendment | Effects of IBC Amendments on Home Buyers
(Amendment in Insolvency and Bankruptcy Code And Its effect on Home Buyers explained by CA.Charu Gupta)
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http://bit.ly/2TaaxKA
👉🏻Seminar on ICAI MOU with CPA Australia & CPA Canada at Jalandhar
(Jalandhar Branch of NIRC of ICAI is organising 3 CPE hrs Seminar on ICAI MoU with CPA Australia, CPA Canada, VISA Process, PR System, PNP and Code of Ethics on 26.02.2020 from 5 PM Onwars by CA. Vivek Khurana)
👇🏻 👇🏻 👇🏻
http://bit.ly/2SMpCD7
👉🏻EOI for Concurrent Audit for ABS and Investment at HPSCB
(EOI for Concurrent Auditor for ABS Investment and PASS sections at Himachal Pradesh State Co-operative Bank Limited)
👇🏻 👇🏻 👇🏻
http://bit.ly/3c7i0Tx
👉🏻Final Bank Branch Auditors Panel for the Year 2019-20 has been hosted on MEF ICAI Website. Plz check
[25/02, 8:25 pm] +91 97171 56303: New (Toll-free) number of GST Portal Help Desk: 1800-103-4786 from 26th Feb 2020.
The existing no. 0120-4888999 will be discontinued.
Thanks foe reading