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Five things to watch out for today

| Updated on January 17, 2018 Published on August 01, 2016

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Lok Sabha is scheduled to take up the Debt Recovery Bill in the ongoing Monsoon Session today. Introduced in the Lower House in May, the bill looks to strengthen the debt recovery laws with an objective of improving the ease of doing business. Nearly 70,000 cases involving over ₹5 lakh crore are pending at Debt Recovery Tribunals and the Bill can help fix the mess.

The National Anti Doping Agency (NADA) is likely to give its verdict on wrestler Narsingh Yadav, who failed the dope test twice, on Monday. The freestyle wrestler was selected for Rio Olympics 2016 but had tested positive for a banned antibiotic steroid.

Infrastructure firm Dilip Buildcon will hit the capital market today to raise an estimated ₹1,100 cr through IPO. The bidding for shares will be open between August 1 and August 3. Another firm Advanced Enzymes Technologies will list its equity shares on August 1, whose shares were oversubscribed nearly 116 times.

The BSE will be introducing its manual entry facility for Foreign Account Tax Compliance Act (FACTA) law today. The new facility is to compliance for the global tax avoidance law.

The revised flight cancellation charges will come into effect from today. The DGCA said that the airlines cannot levy additional charge to process the refund. According to the revised norms, the airlines cannot charge more than the basic fare and fuel surcharge

Published on August 01, 2016
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