Dewan Housing Finance Corporation Ltd (DHFL) is a Housing Finance Company focussed in Tier-II/III cities with a loan book of more than 90,000 Crore, which was once the 2nd largest lender in this segment (after HDFC) has faced lot of challenges on account of irregularities in operations followed by RBI suspending Board of Directors and initiating CIRP process.
Introduction: In investing terminology, the risk is often termed as getting a lower/negative return on investment. It is pertinent to note that even Bank Deposits have a risk of default by banks (i.e., in case of imposition or moratorium/closure of bank due to weak financial condition, depositors may be required to take a cut on […]
Introduction: Yes, you read it right! The number of transactions on Google Pay & Phonepe going to be restricted. The point to be noted is that restriction is for players providing UPI services on the market share they are holding and not on individuals doing UPI transactions. This article covers an understanding of the industry, […]
After the merger of two big Telco’s namely Vodafone & Idea, the combined entity looked strong with over 35% market share in the wireless telecom market (being the largest player in the market in terms of market share). But the merger did not yield benefits to the combined as expected owing weak financial position of the combined entity and customers leaving VI over fears of the closure of the company.
Index Mutual Funds invests in stocks resembling underlying indexes. For example, a Nifty 50 index fund invests in stocks in the same proportion of its underlying index. Here one may conclude that returns of all index funds underlying the same index should be the same.
This article does not cover as to needs of investing and requirement for the same. It mainly covers pros and cons of various modes of investment. Investing provides various benefits as follows: ♦ Achieving financial goals & obtaining financial freedom ♦ Wealth Creation ♦ Tax Saving ♦ Conquer Inflation ♦ Family & Personal life inflation […]
Introduction: Main aim of every business is to expand its market share and improve revenue, profitability and maintain cashflows. For achieving the same, every company will divide its business into various segments and adapts unique strategy for each business segment. Reliance Industries Limited (RIL) has four major segments contributing more than 97% to its Revenue, […]
GST Audit involves verification various GST compliances w.r.t. books and other records maintained by the entity. As the title suggests, GST Audit involves not only verification of Statement of Profit and Loss for ensuring compliances w.r.t. Outward Supplies & Reverse Charge Mechanism etc., but also involves study of Balance Sheet in depth to ensure complete compliance in accordance with GST Laws.
AAR in case of M/s Pratham Agro vet Industries – GST Tariff on Rice Bran Question on which advanced ruling had been sought: What is the GST Tariff on Rice Bran obtained by processing Rice husk of Poha and Mamra with different kind sludge/wax oil What is Rice Bran: Rice Bran is a product obtained […]
Introduction: Yes Bank which was once India’s Forth Largest Private Sector Bank, is now struggling for its survival. Under the management headed by Rana Kapoor, the bank has grown its loan book manifold in very short span since its inception. Yes Bank’s business includes banking and financial services, AMC services and UPI services etc. On […]
