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

Government cuts borrowing target
EPISODE 111
Government cuts borrowing target
28 Sep 2021

In this episode, find out about why BPCL is looking at divestment by March 2022, also find out why RIL is in talks to buy Glance InMobi. Business Term of the Day: Non-convertible ... Read more

In this episode, find out about why BPCL is looking at divestment by March 2022, also find out why RIL is in talks to buy Glance InMobi. Business Term of the Day: Non-convertible debentures Read more

PM Modi meets top American CEOs
EPISODE 110
PM Modi meets top American CEOs
24 Sep 2021

In this episode, find out about why Google has taken CCI to court, also find out why Accenture reported better than expected Q1 nos Business Term of the Day: Delisting Read more

In this episode, find out about why Google has taken CCI to court, also find out why Accenture reported better than expected Q1 nos Business Term of the Day: Delisting Read more

Adani ports acquires remaining 10.4% in Gangavaram Port
EPISODE 109
Adani ports acquires remaining 10.4% in Gangavaram Port
23 Sep 2021

In this episode, find out about why IDFC shareholders rejected Vinod Rai’s reappointment, also find out why Yes bank has urged Dish TV board to hold EGM Business Term of the Day: ... Read more

In this episode, find out about why IDFC shareholders rejected Vinod Rai’s reappointment, also find out why Yes bank has urged Dish TV board to hold EGM Business Term of the Day: Deposit Insurance and Credit Guarantee Corporation Read more

No fresh equity infusion in cash strapped Voda Idea: Vodafone
EPISODE 108
No fresh equity infusion in cash strapped Voda Idea: Vodafone
22 Sep 2021

In this episode, find out about why Adani Group is looking to invest $20 bn in green energy projects, also find out why global markets had a choppy trading session Business Term o ... Read more

In this episode, find out about why Adani Group is looking to invest $20 bn in green energy projects, also find out why global markets had a choppy trading session Business Term of the Day: Sustainability bonds Read more

Advent International to buy majority stake in Eureka Forbes
EPISODE 107
Advent International to buy majority stake in Eureka Forbes
20 Sep 2021

In this episode, find out about why investors will watch out for the FOMC meeting this week, also find out why Dish TV to defer AGM to seek clearance for board changes Business Te ... Read more

In this episode, find out about why investors will watch out for the FOMC meeting this week, also find out why Dish TV to defer AGM to seek clearance for board changes Business Term of the Day: annual general meeting Read more

All eyes on the GST council meet scheduled today
EPISODE 106
All eyes on the GST council meet scheduled today
17 Sep 2021

In this episode, find out about why World Bank has discontinued its Doing Business Report, also find out why Poonawalla Fincorp’s CEO stepped down. Business Term of the Day: NARCL Read more

In this episode, find out about why World Bank has discontinued its Doing Business Report, also find out why Poonawalla Fincorp’s CEO stepped down. Business Term of the Day: NARCL Read more

Centre rolls out lifeline for debt ridden telecom sector
EPISODE 105
Centre rolls out lifeline for debt ridden telecom sector
16 Sep 2021

In this episode, find out who are the bidders for the distressed Air India, also find out why India plans to sell upto 10% in Hindustan Copper. Business Term of the Day: Greenshoe ... Read more

In this episode, find out who are the bidders for the distressed Air India, also find out why India plans to sell upto 10% in Hindustan Copper. Business Term of the Day: Greenshoe option Read more

Rakesh Jhunjhunwala, BoFA Securities buys stake in Zee amid board room tussle
EPISODE 104
Rakesh Jhunjhunwala, BoFA Securities buys stake in Zee amid board room tussle
15 Sep 2021

In this episode, find out why Zomato co-founder stepped down, also find out why Cabinet may consider telecom relief package Business Term of the Day: price to earnings ratio Read more

In this episode, find out why Zomato co-founder stepped down, also find out why Cabinet may consider telecom relief package Business Term of the Day: price to earnings ratio Read more

Zee’s largest investor seeks CEO Puneek Goenka’s removal
EPISODE 103
Zee’s largest investor seeks CEO Puneek Goenka’s removal
14 Sep 2021

In this episode, find out why Yes bank is gearing up for Dish TV’s AGM, also find out how Jet Airways look set to start operations in Q12022 Business Term of the Day: valuation Read more

In this episode, find out why Yes bank is gearing up for Dish TV’s AGM, also find out how Jet Airways look set to start operations in Q12022 Business Term of the Day: valuation Read more

Zomato to scrap grocery delivery service from 17 September
EPISODE 102
Zomato to scrap grocery delivery service from 17 September
13 Sep 2021

In this episode, find out why Wipro senior management is set to return to office this week, also find out why DMRC has to pay Rs 2950 crore to Reliance Infra. Business Term of the ... Read more

In this episode, find out why Wipro senior management is set to return to office this week, also find out why DMRC has to pay Rs 2950 crore to Reliance Infra. Business Term of the Day: Loan to value ratio Read more

1 … 60 61 62 63 64 … 73

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