The agreement says each resolution plan would be submitted to an overseeing committee comprising experts from the banking industry. As many as 56 lenders are
Day: July 15, 2018
Operational creditors of Bhushan Power may halt work at Jharsuguda plant | Business Standard News—–
Around 1,200 operational creditors of Bhushan Power and Steel plan to bring the company’s Jharsuguda plant to a stand-still. Operational creditors of the debt-ridden company told Business Standard they would ensure there was no
NCLAT rejects Liberty House plea to stay Bhushan Power’s resolution process | Business Standard News—–
The lenders of Bhushan Power and Steel are in the process of finalising the bids The National Company Law Appellate Tribunal (NCLAT) today turned down the plea
‘Reverse charge’ made GST more complex, hit SMEs, and did little to add to tax – The Financial Express—–
It is true that, with multiple rates of taxation, and even with multiple rates of cesses, the GST introduced on July 1 was nowhere near
comfort foe senior citizens:editorial comfort for senior citizens | ज्येष्ठांना दिलासा – Maharashtra Times—–
ज्येष्ठ नागरिकांबाबत गेली पाच वर्षे रेंगाळलेल्या धोरणावर राज्य मंत्रिमंडळाने शिक्कामोर्तब केल्याने साठी ओलांडलेल्यांचे जीवन अधिक सुखकर करण्यासाठी पुढचे पाऊल पडले आहे. ज्येष्ठांच्या वयनिश्चितीपासून त्यांना विविध
gst tests and disparities | जीएसटी- कसोटी आणि असमाधान – Maharashtra Times—–
जीएसटी लागू होऊन एक वर्ष झाले. कोणत्याही राजकीय चष्म्यातून न पाहता केवळ ग्राहकांच्या, सामान्यांच्या नजरेने या वर्षाकडे पाहिले तर काय दिसते? ………… वस्तू आणि सेवाकर
India Approves New Net Neutrality | नेटका साम्यवाद! | Loksatta—–
दूरसंचार कंपन्या आणि बडी संकेतस्थळे यांना धूप न घालता ‘इंटरनेट समानते’च्या धोरणाची पाठराखण सरकारने केली, याचे स्वागतच.. सरकारच्या धोरणात्मक निर्णयांचे भरभरून स्वागत करावे अशी संधी क्वचितच मिळते.
Motor insurance: You need a PUC certificate to renew insurance – The Financial Express—–
Experts believe making PUC mandatory for insurance would help check pollution level as third-party insurance of vehicles is mandatory under the law. The insurance regulator
Chief economic advisor: India can’t have single rate GST, 3-slab structure possible: Arvind Subramanian – The Economic Times—–
Ruling out a single rate GST, Chief Economic Advisor Arvind Subramanian today pitched for a three rate structure going forward as revenues stabilise. He said Goods and Services
Let GST Not Become the Tower of Babel–Economic Times—–
While tweakings are mandatory to bring things to perfection, it’s wise to recall that somewhere down the line, building the Tower of Babel had become
Gross domestic product | | Loksatta—–
अर्थसाक्षरता बेतास बेत असण्याचे अनेक (गैर)फायदे निदान सत्ताधाऱ्यांना तरी आहेत. विद्यमान सत्ताधारी तर प्रचार-प्रसारात इतके मातब्बर की राजकीय कुरघोडय़ांबाबत विरोधकांना ते सहजी नामोहरम करतात हे
‘Resolution process cannot please everyone’ – NEWS – Business Line—–
Deloitte Touche Tohmatsu India had made its mark in the IBC process by finding the first suitor for a stressed asset. Tata Steel walked away
To simplify GST, 28 per cent tax slab has to go: CEA Arvind Subramanian | The Indian Express—–
Outgoing Chief Economic Advisor Arvind Subramanian Wednesday said that removing the highest 28 per cent slab and a uniform rate of cess should be the
Fee regulations for insolvency professionals soon – Business Line—–
The Insolvency and Bankruptcy Board of India (IBBI) may shortly go for some “light touch” regulations on the increasingly controversial aspect of fees quoted by
Banks pare student-loan exposure – Today’s Paper – Business Line—–
Banks are shying away from education loans, and the worry over increasing bad loans is to blame. In the one-year period beginning May 2017, the
ArcelorMittal plays it safe, deposits Rs. 7,000 cr in current AC, not escrow – NEWS – Business Line
The world’s largest steel company ArcelorMittal, which is being tested for eligibility to bid for the stressed Essar Steel asset, has deposited Rs. 7,000 crore
JSW Steel: Clarify NCLT processes; consider safeguard duty on the metal – NEWS – Business Line
JSW Steel has announced plans to invest Rs. 40,000 crore in the next three years, even as lending rates continue to rise globally. Seshagiri Rao,
NCLT to RP: Consider revised plan for Lanco Infrastructure – NEWS – Business Line
National Company Law Tribunal has directed the Insolvency Resolution Professional to consider the revised plan submitted by Thriveni Earthmovers Private Limited in the debt-burdened Lanco
Rising inflation, fiscal deficit may force RBI to hike rate by 50 bps – MONEY & BANKING – Business Line
A flurry of recent data, including rising CPI inflation, widening fiscal deficit and narrowing industrial production have led to expectations of a hike in interest
Lack of precise intelligence hits e-way bill system – The Financial Express
Officials on the ground say the current enforcement system may yield sporadic results at best as evaders are likely to find a way to dodge