With the acquisition of Ruchi Soya, Patanjali will become a major player in soyabean oils and other products. In its first major acquisition, Yoga guru
Day: May 1, 2019
Banks may get just a quarter of claims from 12 debt cases – The Economic Times
Banks would realise just about a quarter of their claims from 12 corporate debt resolution cases in January-March 2019, dashing hopes of higher bad loan recovery in the
SC asks Amrapali Group to explain details of transactions, agreements with M S Dhoni – The Economic Times
Dhoni said that like other home-buyers and creditors, he has also been duped by the Amrapali Group. The Supreme Court directed the embattled Amrapali Group on Tuesday to explain
Uday Kotak: Uday Kotak on challenges in financial sector, liquidity stress, IL&FS and more – The Economic Times
On the challenges in the financial sector We’re in the midst of one of the most significant challenges in financial sector. The next few months
Most claims liquidated in NCLT amid delays: Report – The Economic Times
Amid the rising number of cases admitted to the National Company Law Tribunal (NCLT), a Kotak report on Tuesday said that liquidation remained the most favourable closure for all
Tax dept to share ITR data with GSTN to detect tax evasion by business persons – The Economic Times
As per the order, the exchange of data will be request-based as well as spontaneous and automatic. Soon, the tax department will be sharing the income
RCom: NCLAT sends RCom back to insolvency–Economic Times
The Mumbai bench had admitted the petition but the NCLAT stayed insolvency proceeding after financial creditors, RCom and Ericsson agreed to a settlement. Reliance CommunicationsNSE
The Public Interest Lies in Disclosure–Economic Times
The Supreme Court has done right to direct the Reserve Bank of India (RBI) to disclose information on defaulters and annual inspection reports under the
A woman is equal to three-fourths of a man; unequal economic rights cause a loss of $160 trillion – The Financial Express
Although reforms have improved economic inclusion of women, yet gaps remain as women worldwide on an average have only three-quarters of the legal protection than
Insolvency proceedings: Defaulting promoters may get chance to come back – The Financial Express
However, a credible proposal for “compromise or arrangement” must be made to the liquidator within seven days of the date of order for liquidation by
Lenders want restart of CIRP for Adhunik Metaliks – The Financial Express
After hearing the arguments, justice Gosavi adjourned the matter till May 14 for a detailed hearing. As UK-based Liberty House failed to make the upfront
Setback for Ericsson as NCLAT lets RCom withdraw plea against insolvency | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) on Tuesday allowed debt-ridden Reliance Communications (RCom) to withdraw its petition challenging the National Company Law Tribunal (NCLT)
Unfair intervention | Business Standard Editorials
It’s close to two years since the new indirect tax regime, the goods and services tax (GST), was rolled out. But the anti-profiteering authority set up under the GST seems to
Tax benefit issue sets companies, GST body on collision course again | Business Standard News
A cross-spectrum of companies has found themselves at the receiving end of notices by the directorate general of anti-profiteering (DGAP) for not passing on the benefits under
A policy drought – The Hindu BusinessLine
As India’s water crisis gets visibly worse with every passing summer, it is clear that the bureaucracy and policymakers are not working to find immediate
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