Two top lenders file petitions against McNally Bharat in NCLT – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/two-top-lenders-file-petitions-against-mcnally-bharat-in-nclt/articleshow/82055213.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A consortium of banks that include public sector lenders, private sector banks and foreign banks are owed around ₹4,000 crore by the company.

NCLAT says lenders cannot treat telcos’ spectrum as ‘security interest’ under insolvency proceedings – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/nclat-says-lenders-cannot-treat-telcos-spectrum-as-security-interest-under-insolvency-proceedings/articleshow/82054346.cmsSynopsis NCLAT on Tuesday ruled that debt-ridden telecom companies undergoing insolvency proceedings cannot claim rights to their spectrum, which is a natural resource unless

How MSMEs in India’s economic hub are left Covid-ravaged even as they stare at worst phase now – The Financial Express

Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-maharashtra-how-msmes-in-indias-economic-hub-are-left-covid-ravaged-even-as-they-stare-at-worst-phase-now/2232235/ Ease of Doing Business for MSMEs: Maharashtra has been the biggest beneficiary of the Emergency Credit Line Guarantee Scheme (ECLGS) to offer loans

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