In addition to our earlier disclosure made on 02nd May 2018, 11th May 2018, 20th June 2018, 12th July 2018, 27th July 2018, 20th August
Month: November 2018
SC okays UltraTech bid for Binani Cement – Today’s Paper – The Hindu BusinessLine
In a move that could have major implications for ongoing insolvency proceedings, the Supreme Court has approved the revised offer of UltraTech Cement to acquire
Asset sales better for resolving bankruptcy faster: Liberty chief – Times of India
Liberty House founder and chairman Sanjeev Gupta said the Insolvency and Bankruptcy Code (IBC) should focus on asset sales rather than selling down companies to speed up the resolution process.
‘Delays beyond 270 days at NCLT cost banks Rs 4,000 crore’ – Times of India
The inordinate delays beyond the 270-day deadline under the Insolvency and Bankruptcy Code (IBC) have cost the lenders to the first ‘dirty list’ of 12 large defaulters
Insolvency & Bankruptcy Code to be main tool for bank debt resolution – Times of India
The government wants to deploy Insolvency & Bankruptcy Code (IBC) as the main tool for bank debt resolution and is not keen on the use
Bankers clear proposal for sale of Educomp to Ebix | business news | Hindustan Times
A transaction audit was carried out as per existing IBC norms and barring a few technical issues, Educomp’s resolution and operational handover process was found
A shot in the arm for Bhushan, Essar Steel operational creditors – The Hindu
The National Company Law Appellate Tribunal’s (NCLAT) decision to approve the revised bid of ₹7,950 crore by UltraTech Cement for debt-ridden Binani Cement is likely
What is Brexit | ब्रेग्झिट की मेग्झिट? | Loksatta
ब्रेग्झिटनंतर आहे ते स्वीकारार्ह नाही आणि दुसरे काही समोर नाही, अशी अवस्था ब्रिटनची झाली आहे.. विलग व्हावे असे वाटणे वेगळे आणि तसे वाटल्यानंतर विलगतेच्या प्रक्रियेस
Supreme Court–गोंगाटातील गोडवा | Loksatta
दस्तुरखुद्द सरन्यायाधीश हे माध्यम स्वातंत्र्याचे खंदे पुरस्कत्रे आहेत. ही वस्तुस्थिती म्हणजे सर्व लोकशाहीवाद्यांसाठी एक महत्त्वाचा आधार आहे.. आपण सीलबंद लखोटय़ात माहिती देण्याचा आदेश दिला आणि
Videocon: Banks move DRT to enforce personal guarantees provided by Dhoots for Videocon loans
A consortium of banks has applied to the debt recovery tribunal in Delhi seeking to enforce personal guarantees on the promoters of VideoconNSE 4.48 % group, Venugopal Dhoot and
Government to run power play at next RBI board meeting: Sources – The Economic Times
For all the cordiality on show at the end of Reserve Bank of India’s last board meeting, tensions could re-surface when it next gathers on
Allow audit firms to offer legal services: MCA panel – The Economic Times
o rationalise the Advocate Act 1961 to facilitate development of Indian audit firms as well as legal firms,” stated the panel’s report. The report states
Exporters move High Court after govt denies tax credit – The Economic Times
Many exporters who had availed of certain duty-free benefits while importing raw material filed a writ petition in the Delhi High Court last week against
MSME: Restructuring of MSME loans a ‘step backwards’, risks to manifest in 6-9 months: Fitch – The Economic Times
The decision to restructure loans of up to Rs 25 crore for the MSME sector is a “step backwards” and the risks to the banking sector will
Yes Bank: Moody’s downgrades YES Bank ratings, changes outlook to negative – The Economic Times
Moody’s has downgraded foreign currency issuer rating to ‘Ba1’ from ‘Baa3’. Moody’s Investors Service Tuesday downgraded Yes BankNSE -11.25 %‘s ratings to non-investment grade and changed outlook
Corporate Bond Market: India Inc’s Five Find-Outers–Economic Times
By Ashu Suyash The supply of corporate bonds is expected to more than double to Rs 55-60 lakh crore in FY2023, from Rs 27.4 lakh
Play it like a promoter–Economic Times
By Sonu Bhasin What is the similarity between IL&FS and ICICI Bank? Both are professional organisations going through a crisis and have been making headlines
In an innovation nation–Economic Times
By Amitabh Kant Technology and innovation are at the heart of transforming India. A notable feature of this landscape is that the focus is not
RBI Autonomy — With Accountability
It is in the interest of the government and the nation to respect RBI’s functional autonomy, as happened at the last RBI board meeting. RBI
Yes governor: Urjit Patel reminds government that RBI reserves are not for meeting normal needs
Appearing before a parliamentary standing committee on finance on Tuesday, RBI governor Urjit Patel reportedly painted a balmy picture. He underlined that the woes of demonetisation