Lenders of Kwality Ltd have rejected the Rs 142 crore bid of Delhi-based Haldiram Snacks, which emerged as the sole bidder to acquire the debt-ridden
Day: November 10, 2019
Explained: GST shortfall and what govt needs to do – The Financial Express
The government has a target of at least Rs 1 lakh crore in GST collection every month to meet its revenue estimates. Goods and Services
CJI Ranjan Gogoi: The man who settled India’s longest-running dispute – The Economic Times
I have never witnessed a Chief Justice of India speaking his mind in quite the way that Ranjan Gogoi did last week. The occasion was the book
Amrapali, Unitech & Jaypee Infratech homebuyers left out from FM’s Rs 25,000 crore booster – The Economic Times
More than 75,000 homebuyers of Amrapali, Jaypee InfratechNSE 3.70 % and UnitechNSE 8.33 % in the National Capital Region are unlikely to be eligible for support from the Rs 25,000
India’s RCEP dilemma: To be in, or not to be in – The Financial Express
By Rajeev Kher & Harsha Vardhan Singh India has decided not to join the Regional Comprehensive Economic Partnership (RCEP) till its key concerns are addressed.
Dedicated govt fund for MSMEs will spur sector’s growth: PHDCCI chief | Business Standard News
D K Aggarwal, chief, PHD Chamber of Commerce \Lack of access to finance and the subsequent liquidity crunch that micro, small and medium enterprises (MSMEs)
Another sign of economic slowdown: India’s power need shrinks for 3rd month | Business Standard News
India’s electricity demand declined for the third straight month, another indication of an economic slowdown that seems to be deepening. Electricity demand from distribution utilities
Will Nirmala Sitharaman’s mid-term measures address the economic slowdown?–Business Today
A month after the finance minister Nirmala Sitharaman presented Budget 2019, she is back with a rollback, frontloading capital for public sector banks (PSBs), loan
Bankrupt IVRCL struggles to find buyer; fate of 1,100 employees hangs in balance–Business Today
The fate of 1,100 employees of infrastructure firm IVRCL is hanging in balance as the company under the liquidation process is struggling to find a
Govt mulls special window for NBFCs under insolvency law after real estate booster–Business Today
The government is mulling a special window to address debt woes of stressed non-banking financial companies under the insolvency law, a senior official said on
Reality Check: RBI acts penny-wise-pound-foolish in dealing with NPA crisis–Business Today
In August, the multinational banking and financial services company Credit Suisse warned of a “second wave of NPAs” in India with the banking sector’s stressed
