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Yes Bank Puts up for Sale Properties of Avantha Group, RHC Holdings for Recovery of over Rs 1,000 Crore

The sale of immovable assets will take place through e-auction on various dates in July under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
Huawei and ZTE Should Not be Allowed to Participate in 5G Rollout in India: CAIT

The 5G refers to the next-generation mobile networks that promise super fast download speeds and the ability to support critical infrastructure and therefore is more critical from the point of accruing data, it said.
New Sebi Norms to Give More Fund-raising Flexibility to Stressed Firms

Market experts said the new guidelines provide flexibility to the promoters and promoter group entities to attract investors for their companies rather than becoming completely dispossessed as under the IBC framework.
India Should Focus on 15 Items of Imports to Achieve Self-reliance in 2-3 Years: Assocham

These items include electronics, coal, iron-steel, non-ferrous metals and vegetable oils, among others. A data-based analysis shows the electronics goods are the largest non-oil import segment.
Reliance Industries Plans to Increase Network of Aviation Fuel Stations by 50%

In its latest report, RIL said the double-digit growth observed over 52 consecutive months might have been stalled due to COVID-19, but India continues to be one of the fastest growing aviation markets.
DHFL Defaults on NCD Repayments of Rs 50 Crore, Says Can't Pay Due to Moratorium Restrictions

DHFL promoters Kapil and Dheeraj Wadhawan, under arrest, are facing probe from Enfrocement Directorate and the Central Bureau of Investigation.
In the Covid-19 Economy, You Can Either Have a Kid or a Job. You Can’t Have Both

Many adults — at least the lucky ones that have held onto their jobs — are supposed to be back at work as the economy reopens. What is confusing to me is that these two plans are moving forward apace without any consideration of the working parents who will be ground up in the gears when they collide.
I-T Dept Amends Tax Challan to Include Non-resident E-commerce Suppliers for Equalisation Levy

The income tax department has modifies challan ITNS 285 (relating to the payment of equalisation levy) to enable payment of the first installment by non-resid.
Coal Workers' Strike Enters 3rd Day; 5 Trade Unions to Decide Next Course of Action

Five trade unions, including RSS-affiliated Bharatiya Mazdoor Sangh (BMS), of Coal India (CIL) have been on strike since Thursday to protest against the government's decision to start commercial coal mining.
Shell CEO Does Not Rule Out Moving Headquarters from Netherlands to Britain

Anglo-Dutch consumer products giant Unilever said last month it plans to ditch its dual Anglo-Dutch legal structure and create a single entity in Britain.