Outgoing Chief Economic Advisor Arvind Subramanian Wednesday said that removing the highest 28 per cent slab and a uniform rate of cess should be the
Author: Anil R Tikotekar
Fee regulations for insolvency professionals soon – Business Line—–
The Insolvency and Bankruptcy Board of India (IBBI) may shortly go for some “light touch” regulations on the increasingly controversial aspect of fees quoted by
Banks pare student-loan exposure – Today’s Paper – Business Line—–
Banks are shying away from education loans, and the worry over increasing bad loans is to blame. In the one-year period beginning May 2017, the
ArcelorMittal plays it safe, deposits Rs. 7,000 cr in current AC, not escrow – NEWS – Business Line
The world’s largest steel company ArcelorMittal, which is being tested for eligibility to bid for the stressed Essar Steel asset, has deposited Rs. 7,000 crore
JSW Steel: Clarify NCLT processes; consider safeguard duty on the metal – NEWS – Business Line
JSW Steel has announced plans to invest Rs. 40,000 crore in the next three years, even as lending rates continue to rise globally. Seshagiri Rao,
NCLT to RP: Consider revised plan for Lanco Infrastructure – NEWS – Business Line
National Company Law Tribunal has directed the Insolvency Resolution Professional to consider the revised plan submitted by Thriveni Earthmovers Private Limited in the debt-burdened Lanco
Rising inflation, fiscal deficit may force RBI to hike rate by 50 bps – MONEY & BANKING – Business Line
A flurry of recent data, including rising CPI inflation, widening fiscal deficit and narrowing industrial production have led to expectations of a hike in interest
Lack of precise intelligence hits e-way bill system – The Financial Express
Officials on the ground say the current enforcement system may yield sporadic results at best as evaders are likely to find a way to dodge
NCLAT asks Jaypee Infra RP to furnish resolution process update before July 20 – The Financial Express
The NCLT had ordered the initiation of insolvency proceedings against JIL in August 2017. The National Company Law Appellate Tribunal (NCLAT) on Friday asked the
Tata Steel, Liberty House, or JSW Steel, who will win Bankrupt Bhushan Power under IBC? Lenders to take call – The Financial Express
Lifting its earlier stay order, the National Company Law Appellate Tribunal (NCLAT) on Thursday allowed lenders to Bhushan Power and Steel (BPSL) to go ahead
Despite exports boost, muted quarter for India Inc – The Financial Express
The January-March period saw profits for the Nifty companies fall by 9% y-o-y despite a helpful base effect and elevated commodity prices. Despite some favourable
PPP, paranthas and the GDP race – OPINION – Business Line—–
Chotu was in a very good mood that afternoon when Motu bumped into him at Lucky Dhaba. Arrey come Motu, let me treat you to Aloo Parantha and Malai Lassi ,
bad loan: CEA Arvind Subramanian praises Raghuram Rajan for identifying NPA problem – The Economic Times—–
Outgoing Chief Economic Adviser Arvind Subramanian today expressed scepticism over the handling of the mounting NPAs crisis as he praised former RBI governor Raghuram Rajan for identifying the lacuna
Arvind Subramanian | PSU Bank: India needs more private banks and only 3-5 PSU banks: CEA Arvind Subramanian
Outgoing CEA Arvind Subramanian said the country needs more reforms. Outgoing Chief Economic Adviser (CEA) Arvind Subramanian feels that Indian banking sector should have only a dozon
Tata Steel, Liberty House, or JSW Steel, who will win Bankrupt Bhushan Power under IBC? Lenders to take call – The Financial Express
Lifting its earlier stay order, the National Company Law Appellate Tribunal (NCLAT) on Thursday allowed lenders to Bhushan Power and Steel (BPSL) to go ahead
Banks mull AMC route for NPAs with Rs 1-2k-cr debt – The Financial Express
The banker quoted earlier that a lot of smaller power projects would qualify for this approach. Lenders are planning resolutions of stressed assets with outstanding
Panel proposes auction of NPA security receipts worth Rs 90,0000 crore – The Economic Times
The committee on bad-loan resolution led by Punjab National BankNSE -2.96 % chairman Sunil Mehta has suggested a live auction mechanism to help banks free up security receipts worth Rs 90,000
Economic Times
Last month, India’s chief economic adviser Arvind Subramanian, who was formerly with the International Monetary Fund, announced he would quit to spend more time with
Withdrawal of tax appeals to affect fraction of disputed amount: Goyal – The Economic Times
Piyush Goyal lauds government’s move to bring down tax litigation The government’s decision to reduce litigation by withdrawing 41 per cent of direct tax dispute cases and
NCLT allows 16 days to examine Thriveni’s revised offer for Lanco Infratech – The Economic Times
The National Company Law Tribunal today extended the deadline by 16 days to facilitate the Committee of Creditors of Lanco Infratech to examine the revised