‘Watertight rules to prevent promoters’ backdoor entry might prove futile to objective of Pre-Pack scheme’ – The Financial Express

lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/watertight-rules-to-prevent-promoters-backdoor-entry-might-prove-futile-to-objective-of-pre-pack-scheme/2261861/ The scheme has been notified with the idea that it is MSMEs’ prerogative to have an alternative debt resolution mechanism considering their unique

How RBI’s Resolution Framework 2.0 can help MSMEs tide over Covid mess; is Udyam registration required? – The Financial Express

Clipped from: https://www.financialexpress.com/industry/sme/how-rbis-resolution-framework-2-0-can-help-msmes-tide-over-covid-mess-is-udyam-registration-required/2263186/ For borrowers who had availed restructuring under Resolution Framework 1.0, RBI Governor Shaktikanta Das had allowed lenders to modify their plans to increase

Non-banks’ NPAs may rise to 4.5-5 per cent by March 2022: Icra – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/non-banks-npas-may-rise-to-4-5-5-per-cent-by-march-2022-icra/articleshow/83147376.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Icra Ratings said non-banks (NBFC and HFCs) will feel the stress of the second wave of COVID-19 and movement restrictions imposed by various

Infosys begins internal probe after SEBI order on two employees involved in insider trading – The Economic Times

Clipped from: https://economictimes.indiatimes.com/tech/information-tech/infosys-begins-internal-probe-after-sebi-order-on-two-employees-involved-in-insider-trading/articleshow/83148080.cmsSynopsis Infosys senior corporate counsel Pranshu Bhutra and senior principal Venkata Subramaniam V V were barred from accessing the securities market after investigating insider