Aware Financial News
14.11 / 20:01
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resolution
Dodgy deals under resolution professionals' lens
NEW DELHI : Bankruptcy resolution professionals (RPs) have stepped up scrutiny of suspect transactions made before bankruptcy filings, moving tribunals to reverse transactions totalling ₹23,700 crore in the September quarter alone. While 24 such questionable transactions—called voidable or avoidance transactions—were flagged to tribunals in the March quarter, it was followed by 76 and 78 in the June and September quarters.
14.11 / 20:01
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Strategy
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Department
prevention
Closure soon in nearly 100 profiteering cases
NEW DELHI : The Competition Commission of India (CCI) will issue final orders on nearly 100 cases of profiteering related to Goods and Services Tax (GST) in the coming six months, a person aware of the matter said, bringing closure to several companies facing charges for years. The Directorate General of Anti-Profiteering (DGAP), part of the tax department, has already completed its investigations, and the CCI is currently adjudicating them, the person cited above said on the condition of anonymity. The commission is expected to rule on more than a dozen cases of profiteering every month.
14.11 / 18:09
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Action
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stage
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Department
Allen & Overy risks losing trust if it stays silent on cyberattack
The Australian arm of Allen & Overy risks losing trust with clients and the public if it stays silent on the cyberattack the international legal firm suffered last week, the former boss of the government’s cybersecurity agency said.
14.11 / 16:53
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NOT
Not just Arvind Kejriwal, Priyanka Gandhi EC sent notice to these politicians in 2023
AAP's Arvind Kejriwal-- based on complaints filed by Bhartiya Janata Party. Both leaders were issued show cause notice for making claims about Prime Minister Narendra Modi. EC on 13 November issued a show-cause notice to the Aam Aadmi Party (AAP) leader Arvind Kejriwal for alleged disparaging remarks made against PM Modi on its social media handle and asked it to respond to the charge of poll code violation by November 16.
14.11 / 16:23
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PwC
TUI
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Emails show PwC helped Russians dodge sanctions
A massive leak of documents has exposed how accounting giant PwC’s Cyprus arm scrambled to help Russian oligarchs facing the threat of sanctions in March last year, moving assets out of their names in the first days of the Ukraine invasion.
14.11 / 15:27
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Bitcoin
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BGX AI Review – Scam or Legitimate Trading Software
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content
14.11 / 13:23
Booking
Man
Aware
Remark
performer
social
actress
Former Pakistan's allrounder Abdul Razzaq gets trolled for 'controversial' Aishwarya Rai remarks. Watch
ICC Men's Cricket World Cup, where they failed to book a semifinal seat, former Pakistan cricketer Abdul Razzaq stooped very low and compared with a reference to Bollywood actress Aishwarya Rai Bachchan. Razzaq, while hitting out at the Pakistan Cricket Board (PCB)'s intentions, shelled out a bizarre example, mentioning the name of Aishwarya. Speaking at a press conference, where former players like Umar Gul and Shahid Afridi were also present, Razzaq said, “Here, I am referring to their (PCB’s) intention.
14.11 / 13:23
Kucoin
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Ripple
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Three Cryptos in 2023: KuCoin, Ripple, Everlodge
KuCoin is up 30.6%. Moreover, the crypto moved in value to $5.74 during the past week. However, the KuCoin crypto is down 80.16% from its all-time high of $28.83, which it reached on December 1, 2021.
14.11 / 09:59
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Aware
Action
cover
patient
prevention
World Diabetes Day 2023: Why should you opt for a diabetes-specific health insurance plan?
World Health Organisation (WHO) shared statistics on the rise in the number of diabetes patients in India. Numbers underline how India ranks second globally in the number of individuals affected by diabetes, and the incidence is escalating at a rapid pace. This surge can be attributed to various factors, such as urbanisation, sedentary lifestyles, and shifts in dietary patterns.
14.11 / 07:59
Extreme
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Death
On Children's Day, Kerala court sentences Ashwaq Alam to death for rape, murder of 5-year -old
Kerala has sentenced Ashwaq Alam to death for the brutal rape and murder of a 5-year-old girl from Bihar in the Aluva case. The court's decision was announced on Tuesday by Judge K Soman.
14.11 / 06:31
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ICE
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Cost of living in Canada may mean winter tires are put on ice. Here’s why
With winter just around the corner for Canadians, many are likely dreading the age-old problem of driving in snow, but a new study shows one in three are considering not investing in winter tires due to the ongoing cost of living crisis facing the country.
14.11 / 06:23
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Unable to find suitable brides for rural areas, farmers plan padayatra in Karnataka
farmers in Karnataka are preparing to embark on a padayatra (march) to a shrine in Mandya next month in the hopes of finding suitable brides. As per a TOI report, this comes eight months after a similar initiative by another group. The farmers believe that the scarcity of brides is due to the reluctance of women and their families to embrace rural life.
14.11 / 05:28
Provident
Digital
Aware
Platform
Healthcare
Celebrity
country
Children's Day: Why is it celebrated, history, significance
Children's Day, celebrated annually on November 14th, is a special day dedicated to the well-being of children. In India, this day holds great significance as it coincides with the birth anniversary of Pandit Jawaharlal Nehru, the country's first Prime Minister.
14.11 / 01:07
Digital
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Platform
Deloitte
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Razorpay’s ‘reverse flip’ to India may entail $300 million tax payment in US
Digital payments platform Razorpay plans to move its parent firm to India through a cross-country merger that may entail a tax payment of $250-300 million in the US, where it is currently domiciled, according to multiple people aware of discussions. The planned merger will be between the US-registered firm and its Indian arm, they said.
13.11 / 23:57
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Jujutsu Kaisen's Season 2 Episode 17 brings intense expectations and heart-wrenching storylines | Release date & time
Jujutsu Kaisen episode has been highly anticipated by fans who are eager to see the aftermath of Sukuna's clash with Jogo and Nanami's fate following his fight against Dagon. As the intensity of the story escalates, the episode is expected to maintain the high quality that MAPPA has consistently delivered.
13.11 / 18:56
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Manufacturing
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Mobile
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FAME-3 is coming; and here is what changes for EVs
NEW DELHI : The government is considering implementing stricter norms to enforce the use of local components to bolster domestic manufacturing of electric vehicles (EVs) amid instances of companies violating phased manufacturing programme (PMP) norms by assembling vehicles with imported parts. The Union ministry of heavy industries is considering introducing a 50% domestic value addition (DVA) requirement and doing away with the phased manufacturing programme as part of its proposed Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME) III, according to two people familiar with the development. DVA is calculated based on the net selling price of a product and the landed cost of imported inputs.
13.11 / 18:09
13.11 / 14:29
Citizens
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Manufacturing
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BURST
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Courts
Courts, lawyers can't enforce SC orders on firecrackers ban, social awareness needed, say experts
firecrackers ban and stubble burning to curb air pollution as it can be tackled by creating a mass awareness, legal experts said. The Supreme Court's recent order banning the manufacture and sale of firecrackers containing barium was violated across the country on Diwali leading to worsening air quality index. Senior advocate Gopal Sankaranarayanan, who represents the main petitioner Arjun Gopal and others seeking a ban on the sale and manufacture of firecrackers, meanwhile, has decided to move a contempt petition in the top court against the law enforcement agencies for the flagrant violation of the court's recent order.
13.11 / 13:21
Waves
Aware
Compilation
economy
Nov
track
country
EM bond sales rebound with $20B in dollar notes
Emerging-market borrowers are piling back into global bond markets, selling about $20 billion in dollar notes in just a few days, all too aware that the window of opportunity may snap shut as suddenly as it opened.
13.11 / 11:07
Progressive
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Software
Nov
Bill
country
electronic
Pilot launch of upgraded electronic bank realisation certificate system for exporters from Nov 15
electronic bank realisation certificate for self-certification by exporters to promote ease of doing business for traders. An electronic Bank Realisation Certificate (eBRC) is an important document for exporters and is issued by a bank as a confirmation that the exporter has received the payment from a foreign buyer against the export of goods or services. This certificate validates repatriation of export proceeds to the country and ensure compliance with provisions of foreign exchange rules.
13.11 / 10:49
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FIVE
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Strategy
Bill
BJP, Congress woo women voters with gas subsidies, cash handouts in 5 poll-bound states
World Cup fever, the season of the election has also begun in five Indian states. Both the Bharatiya Janata Party (BJP) and the Congress have ramped up outreach to women voters who will be playing a crucial role in determining the outcomes of the Lok Sabha election due in 2024. The manifestos are clear evidence that both parties have kept women electors in mind, promising gas connection subsidies, and extra cash handouts among others.
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