BIZ-SEBI-RECOVERY-NORMS
Sebi wants 'difficult to recover' tag for untraceable defaulters, cases facing parallel proceedings New Delhi: Capital market regulator Sebi is planning to attach a 'difficult to recover' tag for individual defaulters who are found to be 'untraceable' as also for cases facing parallel proceedings by other agencies or in various courts and tribunals.
BIZ-TAX-COLLECTION
12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secy New Delhi: A 12 per cent growth in tax collections next fiscal may look ambitious to some but for Revenue Secretary Ajay Bhushan Pandey it is achievable in an economy that is projected to clock a 10 per cent nominal GDP growth.
BIZ-STOCKS-MCAP
Eight of 10 most valued cos add Rs 1.57 lakh cr in m-cap; RIL shines New Delhi: Eight of the top 10 valued companies added Rs 1,57,270.8 crore to their total market valuation last week, led by Reliance Industries which gained Rs 31,981 crore, according to market data. MRMR