Personal bankruptcy

The RCOM-SBI case could be an acid test for the new rules In December 2019, the government brought personal bankruptcy under the ambit of NCLT. That meant; in the event of business bankruptcy, the NCLT can initiate personal bankruptcy against the promoter, if they have guaranteed a loan. The first test case appeared in the…

Tik Tok Tussle

The real question will be, who blinks first; the US or China? For Donald Trump, the Tik Tok issue is one of the biggest manifestations of his battle against China. This assumes extra significance ahead of the US elections. What is this really about, and where does Tik Tok go from here? Curbs on Tik…

EPFO Losses

Despite the setback, the EPFO must persist with equities Employee Provident Fund Organization (EPFO) has decided to pay only 8.15% out of the 8.50% interest committed by the government for FY2019-20. The balance will be paid by December 2020 subject to equity surplus available with the EPFO corpus. This rate was already the lowest paid…

Tatas Vs Mistry

Pledge battle is the latest stand-off between the two groups The ongoing turf war between the Tatas and the Mistry family has now assumed a new dimension. It pertains to Mistry family proposing to pledge shares of Tata Sons to raise funds for businesses in the post COVID scenario. What Mistry family wants? The Shapoorji…

Multi-Cap Funds

New SEBI rules were necessary, but would they be workable? On 11 September, SEBI announced key changes to the design and composition of multi-cap funds. These funds give the investors exposure across large caps, mid caps and small caps. What are the key changes made and what were the triggers for these changes? What SEBI…