News Wire PPT - Taniya Pandey

PRESTIGE INSTITUTE OF MANAGEMENT & RESEARCH, INDORE
NEWS WIRE ANALYSIS ACTIVITY
Presented to: Presented By:- Taniya Pandey

Dr. Vivek Sharma Class : MBA- FT B III Semester
Scholar No. - 1121213103
‘Amid IPO Rush, SEBI Proposes
Tighter Listing Rules’
•The Securities and Exchange Board of India (SEBI)
has proposed to tighten rules on how companies can
spend cash raised through initial public offerings (IPO).
•A maximum 35% of proceeds for acquisitions and

unspecified strategic investments.
•At least 50% of the anchor investors should be those

who are willing to stay invested for at least 90 days.
This compares with 30 days currently.
Standard Business
Presentation
2
‘The UPI Ecosystem Has To
Be Made More Sustainable’ •Unified Payments Interface (UPI) transactions processed
by Google’s payments app have grown by almost 22% over
the last three months.
•Today, more than 10 million merchants are accepting

Google Pay payments. Merchants have been strongly
impacted (by the pandemic). Even after opening, the same
traffic isn’t coming to the shop. So, we said why can’t they
have an online presence directly and that is what MyShop as
a platform does.
•Google Pay, shares his views on the National Payments

Corporation of India’s move to cap the market share of UPI
apps to 30%, investments in payment infrastructure and new
areas of growth.
Standard Business
Presentation
3
•During the pandemic, the number of lending apps went up ‘RBI Working Group Warns On
substantially as financial distress gripped the nation. But many Digital Lending By Big Tech
apps are resorting to unfair practices, such as charging Players’
exorbitant rates, using illegal recovery practices, etc.
•According to the report, there were approximately 1,100

lending apps for Indian android users across more than 80
application stores from January 1, 2021, to February 28, 2021.
Of these, 600 were illegal. The RBI received hundreds of
complaints following the cautionary circular it issued in late
December 2020.
•There are three players in the ecosystem: RBI-regulated

entities; other regulated entities; and unregulated entities,
including third-party service providers. The working group said
the onus of subjecting third-party lending service providers to a
standard protocol of business conduct would lie with the
regulated entities, to which they are attached.
Standard Business
Presentation
4
‘India's Economic Recovery On
Track, Inflation Choking Global
Economy: Finmin Report’
•The report highlighted that even though India has administered 100
crore doses, it would be reckless to stop being cautious now.
•The festive season also saw the second-highest level of goods and
service tax (GST) collections. Revenue collection is expected to
remain in an upside movement as economic activity and tax
administration are strengthened.
•India’s exports have continued to be a strong part of the recovery

story. India’s merchandise exports in October crossed the $30-billion
mark for the seventh consecutive month and merchandise imports
also rose to pre-pandemic levels in FY2021-22 until October.
Standard Business
Presentation
5
•‘CRYPTO CURRENCY
EXCHANGES MAY BE
•The tax collected at source by such platforms could be set off against
CLASSIFIED AS E-
COMMERCE
investors’ tax liability, according to a Business Standard report. Also,
these exchanges may have to get themselves registered under the GST. PLATFORMS’
•The proposed move is aimed at monitoring virtual currency

transactions. The report adds that the central government may classify
crypto currency exchanges into three categories - the platforms that act
as a facilitator, the brokerages that allow buying and selling, and the
trading platforms that provide an interface for trading.
•The Centre is planning to classify crypto currency exchanges as e-

commerce platforms and levy a one percent tax collected at source on
them under the goods and services tax (GST) regime.
Standard Business
Presentation
6
THANK YOU
.

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PRESTIGE INSTITUTE OF MANAGEMENT & RESEARCH, INDORE

NEWS WIRE ANALYSIS ACTIVITY

Presented to: Presented By:- Taniya Pandey

•A maximum 35% of proceeds for acquisitions and

•At least 50% of the anchor investors should be those

•Today, more than 10 million merchants are accepting

•Google Pay, shares his views on the National Payments

•According to the report, there were approximately 1,100

•There are three players in the ecosystem: RBI-regulated

•India’s exports have continued to be a strong part of the recovery

•The proposed move is aimed at monitoring virtual currency

•The Centre is planning to classify crypto currency exchanges as e-

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