Scandals at a number of high-profile startups such as Byju’s, BharatPe, GoMechanic, Housing.com and Zilingo over the past few years have raised concerns about corporate-governance practices at these once-celebrated businesses. Several startups…
Tag: Explainer
Demat Account: Charges applicable on converting physical shares into electronic form
Physical shares can be dematerialised if they have the company’s name and face value on them. To verify the physical share certificate, visit bseindia.com and enter the company name or ISIN. If…
Mint Explainer: Behind the worst bank deposit crunch in nearly 20 years
Banks found it challenging to attract higher deposits in the financial year ended March (FY24). They faced competition not only from peers but also from alternative investment options like mutual funds and…
Can rent payments influence your credit score? An explainer
Rent payments do not typically influence your credit score unless they are reported to the credit bureaus such as CIBIL, Equifax or Experian. Conventionally, rent payments are not included in your credit…
Mint Explainer: How RBI’s latest rules on credit card billing cycle impact you
Credit card users now have more control over their ‘plastic money’, thanks to regulations brought in by the Reserve Bank of India in April 2022. A central bank directive to banks to…
Mint Explainer: All you need to know about the $8.5-bn Disney-Reliance merger
As part of the deal, Disney will transfer all its India assets and employees — except its 30% stake in direct-to-home (DTH) company Tata Play, its consumer products business, and VFX studio…
Mint Explainer: Why small vendors are wary of the law on prompt payments
Many clients, including large corporations, are cancelling or considering cancelling year-end orders, largely to circumvent a new amendment to the Income Tax (IT) Act, 1961, effective 1 April 2024, which prohibits businesses…