The committee of creditors (CoC) for Bhushan Power and Steel are in the process of deciding whether to go for a second round of bidding
Day: May 1, 2018
RBI: RBI note on data localisation raises hackles in the US – The Economic Times–01.05.2018
Leading Indo-US business advocacy groups have raised concerns with authorities over the Reserve Bank of India’s directive asking payment companies to store data locally. While
Is buying travel insurance online a good idea? – The Economic Times–01.05.2018
Travel Insurance is an important part of any travel. Insurance providers like ICICI Lombard, Tata Aig, and Bajaj Allianz, offer a multitude of benefits under
India’s engineering exports hit an all time high of $76 billion – The Economic Times–01.05.2018
India’s engineering exports have reached an an all-time high of $ 76 billion during 2017-18 , growing by near 17 per cent year on year thanks to
Beware wilful defaulters! Now PSBs start forensic audit of ‘potential’ NPA accounts – The Financial Express–01.05.2018
With an aim to identify possible non performing assets (NPAs), public sector banks have started carrying out audits on accounts which have loans of above
Insolvency process: Adhunik Metaliks RP likely to seek more time — The Financial Express–01.05.2018
For Adhunik Metaliks, there are only two resolution applicants — UK-based Liberty House and Maharashtra Seamless of the DP Jindal Group. In an attempt to
India receives $69 bn remittances in 2017; retains top slot – Business Line–01.05.2018
India has retained its position as the top remittances receiving country with its diaspora sending about USD 69 billion back home in 2017, the World
GST: Taxing times – Circular No.42–Business Line–01.05.2018
Circular 42 has created more doubts Having absorbed the erstwhile Central Excise, Service Tax and VAT laws into its fold, the GST laws had to
How Aadhaar can work: Activists opposing private sector use throw out the baby with the bathwater–Times of India–01.05.2018
Well-meaning activists opposing private Aadhaar use are trying to throw the baby out with the bathwater. Inflammatory articles notwithstanding, there are genuine concerns with privacy
IBBI must thwart bankruptcy getting stymied–Economic Times–01.05.2018
The rules set to implement the Insolvency and Bankruptcy Code would appear to be in conflict with the public policy goal of securing the highest
The myth of 15 million jobs | The Indian Express–01.05.2018
Surjit Bhalla has invented an estimate that 15 million jobs were created in 2017 (‘Robust job growth, not fake news,’ IE, April 28). This is
NCLAT to hear NuMetal, ArcelorMittal petition in Essar Steel case on May 17 | business news | Hindustan Times–01.05.2018
The National Company Law Appellate Tribunal (NCLAT) on Friday agreed to hear cross petitions filed by Essar Steel bidders NuMetal Ltd and ArcelorMittal India Ltd
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