CAIT seeks 1 year delay in implementation of new MSME payment rule
Wed, Feb 14, 2024 6:20 PM

CAIT seeks 1 year delay in implementation of new MSME payment rule

A Flip by Avya Verma
Get it on Google Play
CAIT has asked for a one-year deferral or suspension of the new rule mandating timely payment to MSMEs, citing the need for greater awareness and clarity among traders. However, CAIT believes that postponing the new rule will provide MSMEs with much-needed breathing room to adapt and comply with the law, ensuring a smooth transition to timely payments.

More great flips

Niva Bupa Health Insurance IPO Day 1

Niva Bupa Health Insurance IPO Day 1

Niva Bupa IPO opened on November 07 to raise Rs 2,200 crore. The IPO will close on November 11. Niva Bupa Health Insurance IPO was subscribed 8% as of 1200 IST on November 07, 2024. The company received bids worth Rs 100.55 crore. Retail investors booked the issue 0.42 times, the highest among other categories. The NIIs subscribed to the IPO 0.02 times. There was no interest shown by the QIBs.

Open Flip
Jet Airways goes into liquidation as SC decides on bankruptcy saga

Jet Airways goes into liquidation as SC decides on bankruptcy saga

The Jet Airways saga came to an end on Thursday with the Supreme Court ordering the liquidation of the bankrupt airline. The court found that the successful bidder for the airline, the Jalan Kalrock Consortium (JKC), had failed to comply with the conditions of the resolution plan, marking the final chapter in the airline’s long struggle to revive itself.

Open Flip
Brookfield REIT reports 1 million sq ft gross leasing in Q2

Brookfield REIT reports 1 million sq ft gross leasing in Q2

Brookfield India Real Estate Trust gross leasing grew to 1 million square feet in the second quarter of FY25, driven by a strong revival in the special economic zone (SEZ) space, the company said in a regulatory filing on November 7.The company achieved 0.7 million sq ft (msf) of new leasing, with 66 percent of the space take-up in the SEZ assets and it re-leased 0.5 msf of space in Q2.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon