Clipped from: https://www.deccanherald.com/ A view of the SC The Supreme Court on Thursday suggested for finding a middle ground to protect the interest of crores of
Day: June 4, 2020
SC extends order of no coercive action against employers for non-payment of full wages – The Economic Times
Clipped from: https://economictimes.indiatimes.com In the proceedings conducted through video conferencing, the top court said there was a concern that workmen should not be left without pay,
Suspension of IBC can affect resolution efforts and shift focus to recovery | Business Standard News
Clipped from: https://www.business-standard.com On Wednesday, the Union Cabinet gave approval to the suspension of the IBC for Covid-19-related stress It was decided to hold in abeyance
Nod for Ordinance to amend Insolvency Code – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Insolvency proceedings to be suspended for Covid-related debt up to a year The Cabinet on Wednesday approved the promulgation of an ordinance to
Four shortlisted for placing financial bids for Jet Airways – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Jet Airways’ Resolution Professional has short-listed four companies for placing a financial bid for acquiring Jet Airways. While nearly seven entities had submitted
‘FY21 to witness significantly lower realisations under IBC’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Outbreak of Covid-19 pandemic and suspension of new proceedings key reasons Financial creditors could realise about ₹60,000 to ₹70,000 crore in FY21 through the Insolvency
Overseas listing is for the big boys – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Smaller companies may not be able to garner resources for a foreign IPO There is a buzz doing the rounds of late that
IBBI slaps Rs 34.22 lakh penalty on an Insolvency Professional – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Penalty levied for moratorium violation by allowing transfer of assets of a corporate debtor during CIRP Insolvency regulator IBBI’s Disciplinary Committee(DC) has slapped
Our Bureau – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The key input is available in abundance in India While Prime Minister Narendra Modi has been quite ‘vocal for being local’, the struggling
More players may enter contract farming – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com A farmer waiting to sell bananas in Daranggiri market in Assam. Pre-determined price in contract farming will help reduce farmers’ risks – THE
Piyush Goyal asks property developers to cut prices to survive downturn | Business Standard News
Clipped from: https://www.business-standard.com Unless you reduce your rates, you will be stuck with your inventory, Goyal said to developers. Goyal added that if developers feel that
Going back to basics: Make labour laws simple, protect workers’ rights | Business Standard News
Clipped from: https://www.business-standard.com/ It’s not just the inability to downsize that constrains it but opaque hiring practices and the illogic of size-based legal thresholds that encourage
RBI repo cuts not effective any longer? They seem to have lost their sting | Business Standard News
Clipped from: https://www.business-standard.com In 12 months, bond yields are down 100 bps, against 200-bps cut in repo In the past 12 months, the RBI has cut
Dismantling of labour laws will take away workers’ protection, says Ex-CEA | Business Standard News
Clipped from: https://www.business-standard.com India’s January-March GDP growth sank to 3.1 per cent, a low not seen in at least 17 years Subramanian agreed with most
Perils of ‘self-reliance’ | Business Standard Editorials
Clipped from: https://www.business-standard.com Protectionism will hurt India’s economy and its people When Prime Minister Narendra Modi introduced the concept of “aatmanirbharta” or self-reliance to the nation
Cabinet gives nod to fund for reviving NPA accounts in MSMEs; to provide this much credit guarantee – The Financial Express
Clipped from: https://www.financialexpress.com Credit and Finance for MSMEs: The government will provide Rs 4,000 crore support to the CGTMSE, which will give partial credit guarantee support
MSMEs call govt’s decision for funding NPA accounts historic; hail approval to revised definition – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari in a press briefing announced the Cabinet approval to the revision in the
‘Govt must replace red-tapism with red carpet to attract firms exiting China and for MSMEs to benefit’ – The Financial Express
Clipped from: https://www.financialexpress.com Ease of Doing Business for MSMEs: Recently, Japan announced $2.2 billion stimuli to help out Japanese companies moving out of China followed by
IBC realisations for financial creditors may drop 40% to Rs 60,000 crore in FY21 – The Financial Express
Clipped from: https://www.financialexpress.com Against the stipulated resolution period of 330 days, the average time taken for completion of the CIRPs yielding approval of resolution plans has
Reform Push: Cabinet clears Ordinances on farm trade, insolvency – The Financial Express
Clipped from: https://www.financialexpress.com The government could also allow trading through the e-NAM platform without going through the mandatory registration process as an extension of the current
