In what could be seen as a last-ditch effort to maximise the value of assets of a company even under the liquidation stage, the Chennai
Day: June 3, 2019
NCLT rejects Essar Power Jharkhand promoter’s proposal to settle dues – The Financial Express
The National Company Law Tribunal has rejected Rs 1,200 crore offer by the former promoters of Essar Power Jharkhand Ltd (EPJL) for one-time settlement with
Tata Steel’s Rs 805 crore bid for Bhushan Energy gets nod – The Financial Express
On a petition moved by State Bank of India, insolvency proceedings against Bhushan Energy under Section 7 of the Code was admitted by the NCLT?s
Faltering growth | Business Standard Editorials
New Union Finance Minister Nirmala Sitharaman will have to hit the ground running because there is little doubt that the Indian economy is slowing markedly. There have now been three
From coal price escalation to special leave, here’re the key court orders | Business Standard Column
Pre-deposit must in all cheque cases The Supreme Court ruled last week that the amended provision in the Negotiable Instruments Act tightening curbs on those accused of
No fiscal space: Officials advise FM Sitharaman against Budget sops | Business Standard News
If the government wants to stick to the same numbers even now, there is no scope for offering any tax sops that are already pencilled
Sitharaman takes stock of economic policy, to hold talks with RBI guv soon | Business Standard News
Finance Minister Nirmala Sitharaman began work on Saturday by taking detailed briefings from four of five departments of the finance ministry. The minister is also expected to
Restoring balance in monetary policy – The Hindu BusinessLine
Since 2011 the RBI has been on a path of structural reform. But now that inflation is in the target band and growth is slowing,
Arresting the growth slowdown – The Hindu BusinessLine
With the CSO’s latest estimates showing that the economy lost further speed to grow by just 5.8 per cent in the fourth quarter, India’s GDP
IBBI to hold roadshow in Singapore this week – The Hindu BusinessLine
Encouraged by the good response from foreign investors to its awareness-building efforts on the Indian stressed assets market, insolvency regulator IBBI, in association with FICCI,
Nirmala’s challenge: Economic slowdown and high unemployment need to be addressed with bold moves
Finance minister Nirmala Sitharaman will present her first budget in less than five weeks. She had a tough baptism on Friday – data showed a
Govt probes I-T and GST mismatch in crackdown against evaders – Times of India
Back in office, the Modi government is set to take up the next stage of action against tax evasion and money laundering with data analysis helping detect thousands of
As demand slows down | The Indian Express
“The Indian economy is likely to recover from the impact of demonetisation and the GST, and growth should revert slowly to a level consistent with
Across the aisle: How it can be sabka vikas | The Indian Express
An overwhelming mandate is not always a blessing, a weakened Opposition makes governance more onerous and a successive second term deprives the rulers of any
The economy needs urgent attention from the new government | editorials | Hindustan Times
Narendra Modi has just started his second innings after an overwhelming mandate from the people of India. This is clearly, at least politically, an endorsement
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