Mallya challenged Karnataka High Court orders, of October 5, 2018 and September 13, 2019, before the apex court. The orders had upheld the decision of the Debts Recovery Appellate Tribunal (DRAT), Bangalore to deposit Rs 3,101 crore as a precondition to hearing his appeal against a Debt Recovery Tribunal (DRT) order. … [Read more...] about SC Judge recuses from hearing Vijay Mallya’s plea against Karnataka HC order for payment of Rs 3,101 Cr
JLab Audio’s idea to build a charging cable directly into the case on its $30 Go Air True Wireless Earbuds. Instead of having to carry another cable, you can plug the case directly into the USB port on any charging adapter or laptop. If you’re an iPhone user, it’s an elegant solution to the problem of not being able to charge non-Apple earbuds with a Lightning cable. … [Read more...] about How these AirPods competitors are plotting to take on Apple in 2020
In the RBI board meeting in November 2018, it was decided that the issue of banks under PCA will be examined by the Board for Financial Supervision (BFS) of the central bank. Former governor Urjit Patel is believed to have said that a wrong message should not be sent by watering down rules.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Budget 2019: Expect all banks to come out of PCA framework ‘soon,’ says Piyush Goyal
“All the recovery we made from February 2019 lows has been sold into and we are back to the February levels. The longevity of the ongoing bear market in mid and small caps - of this magnitude has been astounding to even the most seasoned equity investors,” Veliyath stated in the letter. … [Read more...] about Porinju Veliyath writes to investors, blames budget for poor performance of portfolio
At the substantive level, the agreement stipulates that ‘China shall ensure’ that its purchases meet the $200 billion figure by 2021. The conflict with the US and western powers is also about intellectual property. According to the current deal, China would also open up for imports of manufactured goods, energy items and agriculture commodities. China is also expected to restrain its companies from acquisitions, intended to acquire technology and, thereby, cooperate with the US respecting intellectual property and address the issue of counterfeiting. … [Read more...] about Trade | How real is the truce in the US-China trade war?