Wednesday, 20 January 2021

20 January 2021 News and Updates

20th january 2k21

ø  sbi, icici bank, hdfc bank remain systemically important banks: rbi
ø  india's oil imports at near 3 year high in december
ø  india seen contributing 15% of global growth by fy26
ø  china's oppo says making huge r&d investments in india
ø  nearly two-thirds of auto industry loan requirements met by private, foreign lenders: report
ø  tata motors receives 98 patents in 2020
ø  telcos to soon filter out unregistered smses
ø  nbfcs, fintech companies urge fm sitharaman to enhance lending facilities
ø  rbi to crack whip on recovery agents, calls for restricting messaging apps
ø  sebi extends relaxations for compliance with rights issues till march 31
ø  india accounts for 14% of global app installations: inmobi report
ø  bill gates-led fund raises another $1 billion to invest in clean tech
ø  vedanta resources settles copper mine pollution claim in zambia
ø  alembic pharma q3 standalone net up 19% at ₹277 crore
ø  privatisation force bpcl to halt work on ₹11,130-crore polyol plant in kochi
ø  ceat q3 profit grows 27% to ₹132 crore on strong demand in replacement market
ø  aai approves spicejet proposal to reduce dues by march 31
ø  dunzo raises $40 mn in funding from google, lightbox and others
ø  welspun one logistics parks launches first aif of ₹500 cr
ø  tata communications q3 net profit jumps 428%
ø  adani group signs concession agreements with aai for developing 3 airports
ø  irfc ipo subscribed 1.22 times on day 2
ø  goldman sachs q4 profits surge to $4.4 bn, topping estimates
ø  govt to exit its holding in vsnl this fiscal, sell 26.12% stake
ø  general motors teams up with microsoft on cruise self-driving vehicle
ø  india must remain an integral part of global economy: niti aayog ceo amitabh kant
ø  jan dhan accounts cross 41 crore: finance ministry
ø  ntpc group records its highest-ever power generation on jan 18
ø  bank of maharashtra q3 net up 14% to rs 154 cr
ø  csb bank q3 net up 88%, provisions also soar
ø  centre issues letter of comfort to bharat biotech for 45 lakh doses of covaxin
ø  cochin airport commissions floating solar power plants
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legal-knowledge capsule

✒ supreme court uphold section 3,4 & 10 of ibc amendment act 2020.

✒ supreme court has reiterated that the prescription of a higher educational qualification as a qualification for promotion cannot be held as violate of article 14 and 16 of the constitution of india, 1949.

✒ delhi high court has issued notice to the central government in a writ petition filed seeking regulation and control of digital lending platforms to file a reply by 19th february, 2021.

✒ madras high court held that petition u/s 482 crpc seeking quashing of a domestic violence complaint is not maintainable .



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👉🏻sc upholds ibc amendments mandating minimum threshold for insolvency process against developers

(supreme court upheld amendments to the insolvency and bankruptcy code (ibc) that introduced a minimum threshold of 100 home buyers or 10% of the total allottees of a project)

👇🏻 👇🏻 👇🏻

http://bit.ly/3buozed

👉🏻rule 86b under gst - restrictions on use of amount available in electronic credit ledger

(misconceptions vs reality about rule 86b under gst, facts about 1% payment of tax liability in cash in gst under rule 86b)

👇🏻 👇🏻 👇🏻

https://bit.ly/2xvtq1t


👉🏻2 structured cpe hours vcm on do's and don't for cas under revised code of ethics and disciplinary mechanism

(by chandigarh branch of nirc of icai on 23.01.2021, saturday, 03:00 pm - 05:00 pm by ca. vivek khurana)

👇🏻 👇🏻 👇🏻

http://bit.ly/3buoqxl  

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