IBBI has also proposed to give more flexibility to creditors to come up with their claims after a company is admitted into bankruptcy proceedings.
https://www.livemint.com/companies/ibbi-seeks-changes-to-empower-investors-11686244602239.html
https://www.livemint.com/companies/ibbi-seeks-changes-to-empower-investors-11686244602239.html
mint
IBBI seeks changes to empower investors
IBBI said it will make changes to its regulations after examining public comments, for which it has given time till 27 June.
👍1
#Opinion | Innovation in policy and education is necessary to regulate a world clouded by uncertainty amid fast-evolving technology.
https://www.livemint.com/opinion/columns/governance-must-keep-pace-with-an-increasingly-unknown-future-11686247330616.html
https://www.livemint.com/opinion/columns/governance-must-keep-pace-with-an-increasingly-unknown-future-11686247330616.html
mint
Governance must keep pace with an increasingly unknown future
Innovation in policy and education is necessary to regulate a world clouded by uncertainty amid fast-evolving technology
Benchmark #Nifty50 index is slowly striving to reclaim its all-time closing high of 18,813 seen in December 2022.
On Thursday, the index closed just a percent away from that level. But valuations are getting steeper.
https://www.livemint.com/market/mark-to-market/as-nifty-eyes-new-highs-india-s-valuations-become-a-sore-point-11686243885705.html
On Thursday, the index closed just a percent away from that level. But valuations are getting steeper.
https://www.livemint.com/market/mark-to-market/as-nifty-eyes-new-highs-india-s-valuations-become-a-sore-point-11686243885705.html
mint
As Nifty eyes new highs, India’s valuations become a sore point
India’s equity valuations measured using the market capitalization to GDP (gross domestic product) ratio is above its long-term average. Also known as the Warren Buffett indicator the measure stood at 95% in FY23, showed an analysis by Motilal Oswal Financial…
#Opinion | With economic conditions in such a Goldilocks-like scenario, #RBI would do well to make the best of it and strengthen its institutional credibility. #RBIPolicy
Read here: https://www.livemint.com/opinion/online-views/rbi-has-done-well-not-to-waiver-from-inflation-11686243051858.html
Read here: https://www.livemint.com/opinion/online-views/rbi-has-done-well-not-to-waiver-from-inflation-11686243051858.html
The global aviation industry has been facing shortage of new aircraft, engine and other aircraft parts due to supply chain issues but it has also started impacting the availability of crew uniform at airlines now.
https://www.livemint.com/companies/news/supply-chain-issues-result-in-uniform-shortage-for-vistara-crew-11686322331940.html
https://www.livemint.com/companies/news/supply-chain-issues-result-in-uniform-shortage-for-vistara-crew-11686322331940.html
mint
Supply chain issues result in uniform shortage for Vistara crew
Vistara has made arrangements for the interim period for an alternative uniform which will be provided to its cabin crew in order to ensure continuity of business
State-run insurer Life Insurance Corp of India (#LIC) has hiked its stake by 2% in Steel Authority of India Ltd (SAIL) between October, 2021 and March 2023.
https://www.livemint.com/companies/news/lic-raises-stake-in-sail-by-2-11686324916114.html
https://www.livemint.com/companies/news/lic-raises-stake-in-sail-by-2-11686324916114.html
mint
LIC raises stake in SAIL by 2%
With the increase in stake from 6.68% to 8.68%, the value of LIC’s holding in SAIL is estimated at Rs. 2,974.5 crore
Besides forged documents, there is also a rise in cases of students taking up jobs and becoming untraceable.
https://www.livemint.com/education/news/foreign-study-hot-spots-turn-up-scrutiny-as-visa-abuses-surface-11686336786054.html
https://www.livemint.com/education/news/foreign-study-hot-spots-turn-up-scrutiny-as-visa-abuses-surface-11686336786054.html
mint
Foreign study hot spots turn up scrutiny as visa abuses surface
Forged documents tarnish the reputation of private universities, leading to increased scrutiny from governments and universities, consultants said
#RBI’s latest step is to let #RuPay issue foreign currency cards, so far available only to rival card networks. Experts have termed this as an attempt by the central bank to internationalize RuPay.
Read here: https://www.livemint.com/news/india/rbi-aims-to-bring-rupay-on-par-with-global-card-rivals-11686329599339.html
Read here: https://www.livemint.com/news/india/rbi-aims-to-bring-rupay-on-par-with-global-card-rivals-11686329599339.html
With #JioCinema forging content deals with #Warner, #HBO and #NBCUniversal, media and entertainment industry experts say the competition has turned intense for premium, English language content offerings in #India.
https://www.livemint.com/industry/media/ott-apps-vie-for-premium-english-content-viewers-11686329829999.html
https://www.livemint.com/industry/media/ott-apps-vie-for-premium-english-content-viewers-11686329829999.html
mint
OTT apps vie for premium English content viewers
While Disney, Netflix, Amazon Prime and Sony have the advantage of a global parent, others such as Jio have to bear an acquisition cost.
👍1
With #EVs currently representing only about 1% of all vehicles in the #US, according to the Energy Department, the scale of the challenges ahead is mind boggling.
https://www.livemint.com/auto-news/why-america-isn-t-ready-for-the-ev-takeover-11686373600775.html
https://www.livemint.com/auto-news/why-america-isn-t-ready-for-the-ev-takeover-11686373600775.html
mint
Why America Isn’t Ready for the EV Takeover
Software glitches, inaccurate range estimates and clunky charging options all limit adoption
#Netflix’s long-awaited crackdown on password-sharing in the #US delivered a windfall of new subscribers in its earliest days, according to new data, a sign that the move is bearing fruit despite being unpopular with many users.
https://www.livemint.com/companies/news/netflix-subscriptions-jump-as-u-s-password-sharing-crackdown-begins-11686375428343.html
https://www.livemint.com/companies/news/netflix-subscriptions-jump-as-u-s-password-sharing-crackdown-begins-11686375428343.html
mint
Netflix Subscriptions Jump as U.S. Password-Sharing Crackdown Begins
Shortly after change, company had highest rate of sign-ups since Antenna began tracking data in 2019
Indian indices settled almost flat for the second consecutive week amid mixed cues.
The beginning was subdued but buying in select heavyweights in the middle tried to change the tone.
https://www.livemint.com/market/stock-market-news/stock-market-triggers-us-fed-policy-iip-cpi-among-factors-that-may-drive-sensex-nifty-this-week-11686415667390.html
The beginning was subdued but buying in select heavyweights in the middle tried to change the tone.
https://www.livemint.com/market/stock-market-news/stock-market-triggers-us-fed-policy-iip-cpi-among-factors-that-may-drive-sensex-nifty-this-week-11686415667390.html
mint
Stock market triggers: US Fed policy, IIP, CPI, among factors that may drive Sensex, Nifty this week
Indian indices will be affected by US Fed policy, macroeconomic data like IIP data, CPI Inflation and WPI would affect it next week.
Foreign portfolio investors have remained net buyers in in Indian equities in June and in the year so far, while it pumped in over ₹43,000 crore in Indian equities in May.
https://www.livemint.com/market/stock-market-news/fpis-inflow-over-rs-9-700-crore-in-june-so-far-can-this-momentum-continue-11686395954272.html
https://www.livemint.com/market/stock-market-news/fpis-inflow-over-rs-9-700-crore-in-june-so-far-can-this-momentum-continue-11686395954272.html
mint
FPIs inflow over ₹9,700 crore in June so far, can this momentum continue?
FPIs inflow in Indian equities comes to ₹9,788 crore in June, while in May, FPIs invested ₹43,838 crore highest since November last year.
The approval for establishing the compound semiconductors and display fabs assembly and test units, under the Ministry of Electronics and IT's PLI scheme, will now be issued by the Cabinet.
https://www.livemint.com/economy/meity-tweaks-pli-scheme-for-semiconductor-making-approvals-to-require-cabinet-nod-11686415701523.html
https://www.livemint.com/economy/meity-tweaks-pli-scheme-for-semiconductor-making-approvals-to-require-cabinet-nod-11686415701523.html
mint
MeITY tweaks PLI scheme for semiconductor making, approvals to require Cabinet nod
Earlier, the MeITY Secretary was responsible for granting the approvals for applications valued up to ₹100 crore, while those exceeding this threshold were evaluated by the Union Minister for Electronics and IT.
“India keeps dominating the digital payment landscape! With innovative solutions and widespread adoption, we're leading the way towards a cashless economy," tweeted MyGovIndia.
Read here: https://www.livemint.com/news/india/india-tops-in-digital-payments-records-89-5-mn-transactions-says-mygovind-11686405179914.html
Read here: https://www.livemint.com/news/india/india-tops-in-digital-payments-records-89-5-mn-transactions-says-mygovind-11686405179914.html
A study finds that high-performing employees were more affected by #layoffs than low performers.
https://www.livemint.com/specials/when-employees-leave-a-company-others-often-follow-11686409674308.html
https://www.livemint.com/specials/when-employees-leave-a-company-others-often-follow-11686409674308.html
mint
When Employees Leave a Company, Others Often Follow
A study finds that high-performing employees were more affected by layoffs than low performers
#Socialmedia exposure—designed to maximize user engagement—can overstimulate reward centres in the brain &, when the stimulation becomes excessive, can trigger pathways comparable to addiction.
https://www.livemint.com/technology/the-case-for-banning-tiktok-snapchat-and-instagram-for-kids-under-16-11686372692836.html
https://www.livemint.com/technology/the-case-for-banning-tiktok-snapchat-and-instagram-for-kids-under-16-11686372692836.html
mint
The Case for Banning TikTok, Snapchat and Instagram for Kids Under 16
Doctors and policy makers say that 13 is too young for social media
👍1
Britain's former PM & the centre of "partygate' scandal, Conservative Party leader #BorisJohnson sprung a ‘surprise’ resignation on the Prime Minister #RishiSunak government.
Read here: https://www.livemint.com/politics/news/boris-johnson-resignation-triggers-immediate-by-election-what-this-means-for-pm-rishi-sunak-conservative-party-11686472831948.html
Read here: https://www.livemint.com/politics/news/boris-johnson-resignation-triggers-immediate-by-election-what-this-means-for-pm-rishi-sunak-conservative-party-11686472831948.html
#FederalReserve officials are ready to take a breather after more than a year of driving up interest rates, a move that’s likely to be accompanied by a strong signal that they’re prepared to keep hiking if needed.
https://www.livemint.com/economy/as-fed-signals-rate-pause-powell-will-have-to-placate-hawks-11686515602435.html
https://www.livemint.com/economy/as-fed-signals-rate-pause-powell-will-have-to-placate-hawks-11686515602435.html
mint
As Fed signals rate pause, Powell will have to placate hawks
Policymakers are expected to leave rates in a range of 5% to 5.25% at their June 13-14 meeting, allowing them to take stock of the outlook following recent strains in the banking sector
Following disappointing inflation readings from China, Indian #stockmarket extended its weakness for second straight session on Friday.
https://www.livemint.com/market/stock-market-news/buy-or-sell-anuj-gupta-of-iifl-securities-recommends-five-stocks-to-buy-today-12th-june-11686531490879.html
https://www.livemint.com/market/stock-market-news/buy-or-sell-anuj-gupta-of-iifl-securities-recommends-five-stocks-to-buy-today-12th-june-11686531490879.html
mint
Buy or sell: Anuj Gupta recommends five stocks to buy today — 12th June | Stock Market News
Buy or sell stocks: Anuj Gupta of IIFL Securities has recommended five stocks to buy today — BEL, Balrampur Chini, Ujjivan SFB, Paytm and IRCTC
The US Federal Reserve is expected to keep interest rates unchanged in its June 13-14 meeting, according to economists polled by Reuters.
https://www.livemint.com/market/stock-market-news/global-market-sgx-nifty-cpi-inflation-to-us-fed-key-triggers-for-indian-stock-market-11686532995733.html
https://www.livemint.com/market/stock-market-news/global-market-sgx-nifty-cpi-inflation-to-us-fed-key-triggers-for-indian-stock-market-11686532995733.html
mint
Global market: SGX Nifty, CPI inflation to US Fed, key triggers for Indian stock market
SGX Nifty was trading 74.5 points, or 0.40%, higher at 18,684.5, indicating a positive start for the Indian indices.