Suspension of IBC proceedings may not be extended beyond March 24

[Business-Standard]( Daily Newsletter 8 March 2021 [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 50405.32 (-440.76) [NIFTY]( 14938.10 (-142.65) GOLD (MCX 10 GM) 44640.00 (99.00) SILVER (MCX 1 KG) 65717.00 (-204.00) USD ($) / INR(Rs) 72.84 (-0.13) Front Page [Premium Content][Suspension of IBC proceedings may not be extended beyond March 24]( Centre likely to review situation after a few months; another extension is economically and legally untenable, say officials [Premium Content][Apple to soon make iPhone 12 in India, shift 7-10% of capacity from China]( iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu - both for ... [Premium Content][Raw material shortage may affect scaling up of Covishield production]( Last week, Adar Poonawalla had said on a World Bank panel that a US law blocking the export of key items like bags and filters will likely cause ... [Premium Content][Inside Ola's mega factory, India's potential answer to Elon Musk's Tesla]( Bhavish Aggarwal-led Ola Electric's Rs 2,400 crore unit is being built at record-breaking speed to become the world's largest two-wheeler plant [Premium Content][Share of women in boardrooms up for eighth year in a row, shows data]( However, women still account for less than a fifth of directorships among Nifty500 companies [Premium Content][In a first, LetsVenture rolls out women-only angel network in India]( According to reports, India has about 10,000 angel investors and only a per cent of these are women. [Premium Content][Software royalty likely to cost Centre Rs 5,000 crore every year]( According to sources, the department is examining the court's ruling and seeking legal opinion on it. [Fairfax to list Anchorage, its vehicle for airport and other infra funding]( Bangalore Airport reports $66.8 million loss against in 2020 against profit of $53.8 million in 2019 [Premium Content][India needs a cohesive strategy to protect itself from cyber attacks]( The lack of a cohesive cyber-strategy and poor investment on safety by small and medium companies leave India vulnerable to hackers [Premium Content][Three seasons and a washout as the Bhushan Power resolution dragged]( BPSL was admitted for resolution under IBC in July 2017. On Friday, it came nearer to resolution with majority of lenders voting in favour of ... Companies [Windy Lakeside Investment picks stake worth Rs 800 cr in Adani Ports]( The stake pick is subject to the approval of regulatory/ statutory authorities and the shareholders of the company. [Zostel claims win in 3-year legal battle against OYO, latter refutes]( Zostel could get upwards of $600 million if arbitration goes through [Premium Content][Amalgamation has led to all-round gains for merged entity: Indian Bank MD]( In a Q&A, Padmaja Chundru says issues like equal stature of Allahabad Bank and Indian Bank and retirement of 10 GMs were addressed fairly with ... [RINL expects Rs 1,000-crore from sale of 22-acre land in Visakhapatnam]( State-owned RINL expects to garner Rs 1,000 crore from the sale of its 22.19 acre land located in the heart of Visakhapatnam city, a popular ... [Cairn wants India to pay $1.4 bn, shareholders to seek enforcement]( Cairn said its shareholders expect the use of the company's 'strong powers of enforcement' to recover 1.4 billion [» Read More Stories in Companies]( Economy & Policy [Premium Content][Statsguru: Key takeaways from the 4G telecom spectrum bidding]( In a market of 1.3 billion with only about a half having access to mobile broadband, the untapped user base still holds much promise [Premium Content][M S Sahoo explains achievements, evolution, and challenges of the IBC]( IBC is an option; stakeholders may not use it even if freeze not extended, says M S Sahoo [Premium Content][Coal quality and quantity issues surface again; CIL denies grade slippage]( Close to half a dozen states and NTPC have written to the ministry of power, complaining against discrepancy in coal quality and the billed ... [Covid-19 pandemic hit India's women labourers the hardest, shows data]( India's LFPR was 50.2% according to the Periodic Labour Force Survey 2018-19. The pandemic further pushed people out of work [» Read More Stories in Economy & Policy]( Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) [ACC]( 1822.95 -1.72 [Adani Power]( 74.45 4.27 BSE TOP GAINERS Company Price (Rs) Change (%) [CSB Bank]( 259.40 9.59 [TV18 Broadcast]( 34.05 7.41 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) [Schneider Elect.]( 107.35 -6.41 [Apollo Tyres]( 242.55 -6.37 [Premium Content][Retail engine revs up but YES Bank has hands full on asset quality]( Its deposit base as of December 31, 2020 (Q3) had risen to Rs 1.46 trillion, up 8 per cent sequentially, though below a year ago's Rs 1.65 ... [Premium Content][Mutual funds managed by women have given better returns, shows data]( Two dozen AMCs don't even have a single women fund manager; only a couple have more than two [Premium Content][Equities by far outperform bonds in the ultra-long run, says study]( In the Indian context, equity returns are even more favourable. [Premium Content][Hard to make a case for a material upside in this market: Saion Mukherjee]( As the pandemic recedes and growth recovers, we may see inflationary pressures, says Mukherjee [MFs withdraw Rs 16,306 cr from equities in February on profit booking]( Mutual funds pulled out Rs 16,306 crore from equities in February, making it the ninth consecutive monthly outflow as small investors booked ... [» Read More Stories in Markets]( Opinion [Premium Content][Haryana's myopic law]( The impact of jobs for locals will not be limited to the state [Premium Content][A paradigm shift]( Change in digital advertising might further restrict competition [Premium Content][Price controls for vaccines?]( The path to reaching every small town and village runs through having no price controls [Premium Content][Agenda for Stockholm+50]( As we approach Stockholm+50, we are looking at an increasingly inequitable world; where poverty and marginalisation are growing [» Read More Stories in Opinion]( Finance [Data sharing, cybersecurity top concerns for banks, customers: Deloitte]( Data sharing, cybersecurity and data protection have emerged as the top concern areas for the banks as well as customers, the report said [Premium Content][Open to exploring opportunities for strategic collaboration: HDFC Life CEO]( Vibha Padalkar says the insurer has witnessed a 65% reduction in customer complaints over the last 5 years [» Read More Stories in Finance]( Technology [Premium Content][Explained: How open-source software is powering India's startup ecosystem]( Using open-source software gives startups the access to a powerful community and better tools [Premium Content][The future of technology services: Talent war to intensify for Digital 2.0]( A report released by NASSCOM and McKinsey & Company highlights the tectonic shifts in the technology services landscape which will play out in ... [Premium Content][Are we ready for cyber attacks on infrastructure?]( The fears of future cyber attacks on India's economic infrastructure is real and rising [Premium Content][Paks allow clients to easily move to the cloud: IBM's Subram Natarajan]( SUBRAM NATARAJAN, Director and CTO, Technical Sales, IBM Technology Sales, India/South Asia, tells Neha Alawadhi the broad contours of how Cloud ... [» Read More Stories in Technology]( PF [Premium Content][Time for women to play a proactive role in managing their family's finances]( March 8 will be celebrated as International Women's Day. On this occasion, we've got three highly accomplished women from the corporate world to ... [Premium Content][Don't allow a stranger to fill cheque details]( Mansinghka had been remiss in allowing a stranger to write the cheque. Disappearing magic ink was used which allowed the fraudsters to alter ... 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