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IANS 11 September 2021
Coffee Day Enterprises has paid Rs 69 lakh to settle a case, pertaining to alleged disclosure norm violations, with the Securities and Exchange Board of India (SEBI).   Following issuance of a show cause notice, the company filed an application dated February 18 this year for...

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Vinita Deshmukh Vinita Deshmukh 11 September 2021
Such a parody! At one end, there is the special protection group (SPG), a paramilitary force whose sole objective is to provide proximate security to the prime minister (PM) of India. At the other, the PMO (prime minister's office), where visitors’ records need not be kept! This is revealed...

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Sponsored Post 11 September 2021
Home loan balance transfer is a feature that allows you to switch your lender. The question is why would you switch to a different lender, and how does a home loan balance transfer benefit you? The most obvious answer is, of course, to reduce your total interest outflow. A balance transfer...

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Sucheta Dalal Sucheta Dalal 11 September 2021
The more you look for change, the more hopeless it makes you feel. If two court orders, discussed in my previous column (Videocon and Supertech Orders: Blip in a Bleak Landscape or Harbinger of Change?) held out a ray of hope last week, we are back to staring at the abyss this...

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Moneylife Digital Team 11 September 2021
Guidelines                1. The Grader captures the first two of the three intrinsic factors that drive a stock: valuation, returns and growth. Since growth is volatile and difficult to capture through a metric, we have used only the first two factors. In place of growth, we have...

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IANS 11 September 2021
The Central Board of Direct Taxes (CBDT) has extended deadlines for several compliances, including the filing of Income Tax returns for the Assessment Year (AY) 2021-22.   The due date of furnishing of returns of income for the assessment year 2021-22, has been extended to December...

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Quaid Najmi (IANS) 11 September 2021
In another embarrassment for Union MSME Minister Narayan Rane, the Pune police's Crime Branch has issued 'Lookout Circulars' against his wife and legislator son in alleged loan default cases of over Rs 65 crore.   The LOCs have been authorised by three parties, including the Union...

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IANS 11 September 2021
The Supreme Court on Thursday stayed the National Consumer Dispute Redressal Commission (NCDRC) decision upholding state consumer forum order, which directed HDFC Bank to pay for Rs 30 lakh to a customer, who claimed fraudulent withdrawals from his account.   HDFC Bank counsel...

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IANS 11 September 2021
Over 1,800 home buyers of Amrapali housing projects in Noida, including former Indian cricket captain Mahendra Singh Dhoni, have been asked by the Supreme Court-appointed receiver to fill their data on his website and begin clearing their respective dues within 15 days.   As per...

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Moneylife Digital Team 11 September 2021
In 2020, Divi’s Laboratories (Divi’s) became the second most valuable listed pharmaceuticals company—the first being Sun Pharmaceutical Industries Ltd. How did Divi’s manage to reach this position on a business model which works on high volumes and low production costs and is seen at the...

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Moneylife Digital Team 09 September 2021
Proxy advisory firm Institutional Investor Advisory Services (IiAS) has asked shareholders of Zee Entertainment, not to re-appoint independent directors, Ashok Kurien and Manish Chokhani, on the company's board.   Raising concerns of corporate governance, IiAS highlighted that Ashok...

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Moneylife Digital Team 09 September 2021
We had mentioned in previous week’s closing report that Nifty, Sensex were headed higher. The major indices rallied this week but ended with minor gains. The trend of the major indices in the week is given in the table:     On Monday, the indices opened higher and closed with...

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Moneylife Digital Team/ IANS 09 September 2021
American automotive major Ford Motor Company on Thursday announced it has decided stop manufacturing at its two Indian plants, owned by its subsidiary Ford India Private Ltd, due to losses.   In a statement, Ford India said it would expand its city-based Ford Business Solutions team...

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Moneylife Digital Team 09 September 2021
Onions, a staple in most Indian households, are likely to make consumers cry again, with erratic monsoon leading to an eventual delay in harvest. Delay in arrival of the Kharif crop and shorter shelf life of the buffer stock because of Cyclone Tauktae are likely to fuel a rise in prices, says...

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Moneylife Digital Team 09 September 2021
On several occasions, questions have been raised in various fora about the action of the committee of creditors (CoC) being detrimental to objectives of the Insolvency and Bankruptcy Code (IBC). Due to this, there is an urgent need to devise an appropriate mechanism to effectively guide the...

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Moneylife Digital Team 09 September 2021
The Supreme Court (SC) on Thursday stayed all proceedings before the Delhi High Court (HC) on Amazon’s petition seeking enforcement emergency award passed by Singapore International Arbitration Centre (SIAC), which restrained Future Retail Ltd (FRL) from going ahead with its Rs24,731 crore...

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Moneylife Digital Team 09 September 2021
Just as fast-moving consumer goods (FMCG) created enormous value for investors, the market thinks that now fast-moving electrical goods (FMEG) will do the same. FMEG comprise household electrical and lighting products. One of the leading FMEG companies is Crompton Greaves Consumer Electricals...

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Clinton Fernandes 09 September 2021
Kotak Mahindra Asset Management Company (Kotak AMC), the asset manager to Kotak Mutual Fund, has launched an open-ended equity-oriented multi-cap scheme. The Kotak Multicap Fund will invest minimum 25% of its portfolio in large-, mid- and small-cap stocks.   This will be the second...

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Walter Vieira Walter Vieira 09 September 2021
In the days gone by, companies died slowly. It took a long time. It also took a long time to establish companies, especially those that would create a global impact. Thus, you have companies that have been around for a hundred years. There is a company in Japan, which is a thousand years...

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Moneylife Digital Team 09 September 2021
The Banks Board Bureau ((BBB), an autonomous body of the Indian government, has recommended Atul Kumar Goel for the position of managing director (MD) and chief executive officer (CEO) of Punjab National Bank (PNB). Ajay Kumar Srivastava is the candidate on the reserve list for these posts,...

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