Sandeep Singh

Articles By Sandeep Singh

Industry heads to seek relaxation of rules at meet with RBI Governor

Main demands include relaxation in February 12, 2018 circular on defaults, PCA framework and more credit flow to non-banks and small units.

Growing constraints on capacity could push the investment cycle next year

The rise in investments will, however, be driven by the government, which has been the primary driver of investments over the last couple of years at least.

First time in seven years, foreign portfolio investors turn net sellers

The FPIs also pulled out a net of Rs 49,229 crore from the Indian debt market during the year taking the aggregate net outflow from equity and debt to an all time high of Rs 82,552 crore.

New rules for e-commerce: how they affect marketplace players, buyers

What are the new rules, and what do they means for companies, vendors and customers?

Will hold firms liable if staff offer namaz in public: Noida police

According to a notice issued last week by police stations in Noida, including at the Sector 58 industrial hub, companies will be held liable if their employees are found violating the directive.

After Centre announces capital infusion in banks, it’s over to RBI

Corporation Bank, Oriental Bank of Commerce, Dena Bank and Bank of Maharashtra likely to come out of PCA.

HDFC Bank Treasurer Ashish Parthasarathy: ‘With inflation staying low, chances of a rate cut have certainly opened up’

He said that while low inflation has opened up the chance of a rate cut, it is unlikely before April 2019.

RBI governor Urjit Patel resigns: Concern in markets, all eyes on who succeeds him

Naushad Forbes, co-chairman, Forbes Marshall and former CII president, said, “It is unfortunate and it comes across as a consequence of his disagreement with the government."

The milky way: Can Unilever-Horlicks deal make health drink sector taller, stronger

As India’s largest consumer goods company picks up Horlicks, the biggest brand in the health food drinks sector, as part of a Rs 31,700 crore deal with GlaxoSmithKline, The Indian Express on whether Hindustan Unilever’s acquisition can help revive a flagging sector and make it “taller, stronger, sharper”

Nearly a dozen potential buyers line up for IL&FS renewable energy assets

The new IL&FS board under the chairmanship of Uday Kotak has been actively working out solutions to reduce its debt obligations amounting to over Rs 94,000 crore.

Explained: What is the Robert Vadra Bikaner-deal case

As first reported by The Indian Express, Robert Vadra’s Sky Light Hospitality Private Limited sold 69.55 hectares in two deals to Delhi-based Allegeny Finlease Pvt Ltd in January 2012 for Rs 5.15 crore — at Rs 7.41 lakh per hectare, seven times the purchase price of the same land two years ago.

Firm that gave loan to buy Vadra land at a premium got big relief from tax panel

ED asks Settlement Commission for details on Bhushan Power & Steel which gave Rs 5.62 crore to Allegeny

After MSME, Govt will flag real-estate sector stress to RBI

After red-flagging shrinking credit to MSMEs, the government is likely to underline — at the RBI’s Central Board meeting on December 14 — the stress in the real estate sector.

RBI data counters RBI claim: Credit to small firms shrinks

On October 30, at the meeting of the Financial Stability and Development Council chaired by Jaitley and attended by Urjit Patel among others, the central bank is learnt to have downplayed the issue of liquidity crunch.

RBI, govt near consensus on norm changes to boost MSME credit

Specific relaxation in RBI regulations likely to provide breathing space to firms

Amid cash squeeze, PMO calls meeting of banks

Over the last few weeks, several representatives from NBFCs and HFCs have met officials in the finance ministry raising concern over banks not extending credit to them.

CBI interim chief’s wife gave Rs 1.14 crore to firm, says Registrar of Companies

RoC records show that Rao’s wife, M Sandhya, borrowed Rs 25 lakh from AMPL in the financial year ending March 2011. They show that between financial years ending 2012 and 2014, Sandhya gave loans amounting to Rs 1.14 crore to AMPL in three tranches.

Shah Rukh Khan: Brand ambassadors need to trust a product before telling others to use it

In a conversation with The Indian Express, Shah Rukh Khan said that integrity is a key while endorsing a brand and the brand ambassador has to trust the product before telling others to use it.

NBFC liquidity under stress, govt plans early capital infusion

Sources familiar with the discussions said the Department of Financial Services (DFS) is working closely with top officials in the Finance Ministry to prepare the plan, which is likely to be presented at the level of the PMO.

Liquidity crunch to intensify: NBFCs face redemptions of up to Rs 1 lakh crore in November-March

Unlike banks, NBFCs do not have access to low-cost public deposits and have to heavily rely upon commercial paper and commercial debt markets.