Follow
Partner with Us

MY LIST

You haven’t added any shows to My List yet.
Government To Sell Residual Stake In Hindustan Zinc Ltd
Government To Sell Residual Stake In Hindustan Zinc Ltd
00:00 / 00:00
Government To Sell Residual Stake In Hindustan Zinc Ltd

Government To Sell Residual Stake In Hindustan Zinc Ltd

Top of the Morning

In this episode, find out about Standard Chartered Bank's move to settle the case with SEBI, and also find out why RBI canceled NBFC licenses linked to app-based lenders.

Business Term of the Day: Value Added Tax (VAT)
In this episode, find out about Standard Chartered Bank’s move to settle case with SEBI, also find out why RBI cancelled NBFC licenses linked to app-based lenders. Business Term of the Day:  Value Added Tax (VAT)     The Union government has decided to sell its residual stake in Hindustan Zinc Ltd (HZL) and monetize the assets of defunct Bharat Gold Mines Ltd, a person aware of the development said. The two decisions were cleared at a meeting of the Cabinet Committee on Economic Affairs on Wednesday. Two decades after its strategic divestment to Vedanta group, the government continues to hold a 29.5% stake in HZL, among the world’s largest producers of zinc, lead and silver. The government had planned to sell this stake earlier, but the Supreme Court stayed the plan after its staff union alleged in 2016 that the company’s shares were undervalued in its strategic divestment. Finally, in November, the apex court allowed the government to sell the stake in the open market.   The market regulator Sebi exempted the government from making an open offer to the shareholders of Vodafone Idea pursuant to its proposed acquisition of over 33 per cent stake in the telecom operator on the conversion of dues into equity.   Infosys: The IT major has tied up with Palo Alto Networks, a global cybersecurity leader, to elevate the security-maturity of large enterprises with mission-critical digital landscapes and to help prevent the threat of cyberattacks on their critical infrastructure.   Standard Chartered Bank (SCB) paid ₹4.97 crore to settle a case with the Securities and Exchange Board of India (Sebi) for alleged violation of regulatory norms involving CG Power and Industrial Solutions Ltd. SCB had approached Sebi with a proposal to resolve a matter involving alleged Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) violations, without admitting or denying the findings of fact and conclusions of law, through a settlement order.   The Reserve Bank of India (RBI) on Wednesday cancelled certificates of registration of five non-bank financiers citing violation of guidelines on outsourcing and fair practices code in their digital lending operations through third-party apps. This marks the second such step by the central bank after app-based lenders were accused of using unfair recovery means and charging usurious interest from borrowers.   Moving on to markets Domestic stock markets opened with gains on Thursday morning. S&P BSE Sensex rose more than 300 points or 0.5% to breach 54,000 again while the Nifty 50 index crossed 16,100, gaining 0.4%. Stocks in Asia opened with modest gains today after US equities advanced as Federal Reserve minutes struck a less hawkish note than markets had expected.   Business Term of the day Value-added tax (VAT) is a type of indirect tax levied on goods and services for value-added at every point of the production or distribution cycle, starting from raw materials and going all the way to the final retail purchase. VAT was introduced on April 1, 2005. Under it, the amount of value addition is first identified at each stage, and then tax is levied on the same. Ultimately, the end consumer has to pay the complete VAT while buying goods; buyers at earlier stages of production receive reimbursements for tax they have paid. Because the consumer bears the entire tax, VAT is also a consumption tax.

03:48
26 May4 MINS

Available Episodes

LIC posts 17% drop in net profit in Q4FY22
EPISODE 201
LIC posts 17% drop in net profit in Q4FY22
31 May 2022

In this episode, find out why small online sellers may have to register for GST, also find out about PayMate’s plans to raise Rs 1500 crore via IPO Business Term of the Day: Oppo ... Read more

In this episode, find out why small online sellers may have to register for GST, also find out about PayMate’s plans to raise Rs 1500 crore via IPO Business Term of the Day: Opportunity cost Read more

LIC To Announce Its Q4 Results Today
EPISODE 200
LIC To Announce Its Q4 Results Today
30 May 2022

In this episode, find out about United Spirits plans to focus on its premium brands, also find out why crude oil stocks will be in focus today. Business Term of the Day: Through ... Read more

In this episode, find out about United Spirits plans to focus on its premium brands, also find out why crude oil stocks will be in focus today. Business Term of the Day: Throughput Read more

NTPC to increase coal supplies to its thermal plants
EPISODE 199
NTPC to increase coal supplies to its thermal plants
25 May 2022

In this episode, find out about the government’s move to impose restrictions on sugar exports from 1 June, also find out about Indian Hotels Company’s decision to reappoint Puneet ... Read more

In this episode, find out about the government’s move to impose restrictions on sugar exports from 1 June, also find out about Indian Hotels Company’s decision to reappoint Puneet Chhatwal. Business Term of the Day: Accommodative monetary policy Read more

Delhivery to get listed today
EPISODE 198
Delhivery to get listed today
24 May 2022

In this episode, find out about Marco’s move to acquire 54% stake in True Elements, also find out about NHP’s plan to float largest solar power project in Odisha Business Term of ... Read more

In this episode, find out about Marco’s move to acquire 54% stake in True Elements, also find out about NHP’s plan to float largest solar power project in Odisha Business Term of the Day: Tight monetary policy Read more

Government may cut revenue expenditure, borrow extra
EPISODE 197
Government may cut revenue expenditure, borrow extra
23 May 2022

In this episode, find out about NHPC’s Rs 62.4 k crore storage plants push, and also find out Zomato will announce its Q4 nos Business Term of the Day: Excise Tax Read more

In this episode, find out about NHPC’s Rs 62.4 k crore storage plants push, and also find out Zomato will announce its Q4 nos Business Term of the Day: Excise Tax Read more

RBI Allows Settlement Of Trade Transactions With Sri Lanka In Indian Rupee
EPISODE 196
RBI Allows Settlement Of Trade Transactions With Sri Lanka In Indian Rupee
20 May 2022

In this episode, find out why Equitas founder PN Vasudevan resigned, also find out about Indonesia’s decision to lift ban on edible oil exports Business Term of the Day: GST Read more

In this episode, find out why Equitas founder PN Vasudevan resigned, also find out about Indonesia’s decision to lift ban on edible oil exports Business Term of the Day: GST Read more

JSW Group Signs Exclusive Deal To Buy Mytrah
EPISODE 195
JSW Group Signs Exclusive Deal To Buy Mytrah
19 May 2022

In this episode, find out why investors are looking at a sharper rate hike from RBI, also find out about the new CEO at Indigo. Business Term of the Day: Tariff Read more

In this episode, find out why investors are looking at a sharper rate hike from RBI, also find out about the new CEO at Indigo. Business Term of the Day: Tariff Read more

Minutes of RBI’s monetary policy committee meeting to be released today
EPISODE 194
Minutes of RBI’s monetary policy committee meeting to be released today
18 May 2022

In this episode, find out about the government’s plans to reduce the quantum of stake sale in BPCL, and also find out about RBI’s decision to reject 6 applications for banking lice ... Read more

In this episode, find out about the government’s plans to reduce the quantum of stake sale in BPCL, and also find out about RBI’s decision to reject 6 applications for banking licences Business Term of the Day: Open offer Read more

LIC to list its shares today
EPISODE 193
LIC to list its shares today
17 May 2022

In this episode, find out about Jack Ma exiting Paytm E-commerce, also find out about Byju’s looking at US acquisition for $2 bn Business Term of the Day: Growth stocks Read more

In this episode, find out about Jack Ma exiting Paytm E-commerce, also find out about Byju’s looking at US acquisition for $2 bn Business Term of the Day: Growth stocks Read more

Adani group acquires Holcim AG’s cement businesses for $10.5 billion
EPISODE 192
Adani group acquires Holcim AG’s cement businesses for $10.5 billion
16 May 2022

In this episode, find out why Tech Mahindra thinks positive momentum will continue in FY23, also find out about Maruti Suzuki’s plan to invest Rs 11,000 crore in a new plant in Har ... Read more

In this episode, find out why Tech Mahindra thinks positive momentum will continue in FY23, also find out about Maruti Suzuki’s plan to invest Rs 11,000 crore in a new plant in Haryana. Business Term of the Day: Bear market Read more

1 … 47 48 49 50 51 … 69

Other Podcasts on News SEE ALL

Other Podcasts by Mint - HT SmartcastSEE ALL

×

COOKIES AND PRIVACY

The Website uses cookies to ensure you get the best experience on our website. If you continue browsing you will be providing your consent to our use of these.

Privacy Policy