The ‘so sad’, ‘end of an era’ commentary around Subhash Chandra’s resignation as Zee chairman is misplaced. What makes the 69-year-old Chandra a good entrepreneur — his
Category: IBC-SEBI
The Mudra problem | Business Standard Editorials
On Tuesday, Reserve Bank of India Deputy Governor M K Jain highlighted a dangerous trend: The rising levels of bad debt in the small-scale loans being handed out under the government’s
RBI: RBI red flags rising Mudra bad loans–Economic Times
Reserve Bank deputy governor MK Jain on Tuesday warned bankers about the growing stress in Mudra loans, which has crossed more than Rs 3.21 lakh crore
Yogi Adityanath: UP govt will pay back PF money invested in DHFL: Yogi Adityanath – The Economic Times
Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said that his government will pay back the Provident Fund money of state power corporationNSE -2.11 % employees invested in the scam-hit DHFLNSE
NCLT approves Royale Partners Investment’s bid for EPC Construction – The Economic Times
The bankruptcy court has approved a resolution plan submitted by Mauritius-based Royale Partners Investment Fund for EPC Construction India to revive the company that was previously known as Essar Projects India. The foreign
Inclusion of NBFCs under IBC credit positive for lenders: Moody’s – The Financial Express
The credit rating agency said that it expected the RBI to selectively approach the IBC to resolve NBFIs with severe liquidity or solvency issues or
Govt may amend IBC, go for buyer protection and stricter homebuyers’ norms | Business Standard News
The Insolvency and Bankruptcy Code (IBC) is likely to undergo further changes, as sources say the Ministry of Corporate Affairs (MCA) would soon move amendments to the
Karvy crisis: Bankers raise concern with NSE and Sebi over exposure | Business Standard News
Banks and financial companies including ICICI Bank and HDFC Bank have met senior officials of the stock exchanges and raised concern over their exposure to Karvy’s companies, said two
IL&FS: NCLT asks Axis, StanChart CEOs to be present on Dec 16, bankers may seek review – The Economic Times
The tribunal has fixed the next date of hearing on December 16 and asked Chaudhry and Daruwala to be present and noted that both these
Karvy | Sebi: Sebi rules on share separation leave brokers shaken – The Economic Times
The stock broking industry is undergoing an unprecedented shakeup. The trigger is the capital market regulator’s seemingly innocuous set of rules on separation of client shares from
Non-Performing Assets: Gross NPAs of SCBs decline by 98K cr by June: Govt – The Economic Times
The gross non-performing assets (NPAs) of scheduled commercial banks (SCBs) have declined by nearly Rs 98,000 crore to Rs 9.38 lakh crore by June-end this year, Minister
Corporate tax cut, new Fund good for property sector | Deccan Herald
A moot point now, in the residential real estate space, is whether the industry will use the new-found liquidity to bring down prices and piled up
Morality-play can’t be good governance – The Financial Express
Prime minister Narendra Modi struck the right note when, at a conclave of the CAG on transforming audit, he spoke of how CAG needed to—apart from using
Govt plans to amend IBC to ring-fence buyers of stressed assets from prosecution – The Economic Times
A clear direction on this will not allow occurrence of cases like Bhushan Power and Steel Ltd (BPSL). The government plans to amend the Insolvency and
Govt plans to amend IBC to ring-fence buyers of stressed assets from prosecution–Deccan Chronicle
The government plans to amend the Insolvency and Bankruptcy Code (IBC) to provide immunity to companies taking over stressed assets from prosecution for financial crimes
RCom, lenders say Anil Ambani, directors can’t step down – The Financial Express
Reliance Communications said on Sunday lenders have rejected the resignations of chairman Anil Ambani and four other directors and asked them to cooperate in the ongoing
Lenders likely to opt for IBC for debt resolution of big accounts | Business Standard News
Lenders are likely to opt for the Insolvency and Bankruptcy Code (IBC) for debt resolution of big accounts, but may choose debt recovery tribunals or the Securitisation and Reconstruction
Individual insolvency rules: Breach of personal guarantee is quite severe | Business Standard Column
Come December 1, the Regulations for Insolvency Resolution and Bankruptcy Proceedings of Personal Guarantors will come into effect. The rules state that proceedings against a
RCom lenders reject resignation of Anil Ambani, four other directors | Business Standard News
The Committee of Creditors (CoC) of Reliance Communications (RCom) has rejected the resignations of the company’s directors and asked them to continue in their job until the
Reliance likely to make bid for RCom and its related companies today | Business Standard News
Having asked for a 10-day extension from a Resolution Professional, Mukesh Ambani’s Reliance group is expected to make a bid for his brother Anil Ambani’s Reliance Communications (RCom) and