In a development that holds out hope for India in attracting FDI, it recorded a further improvement in the World Bank’s ease of doing business
Category: IBC-SEBI
Beer price cartel: Carlsberg, United Breweries and AB InBev colluded to fix prices, finds CCI probe – The Financial Express
The three brewers, who according to IWSR Drinks Market Analysis account for about 85% of beer consumption in the billion India market, together face a
Sort out Bhushan Power and Steel asset issue: NCLAT to MCA and ED | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) on Friday asked the Ministry of Corporate Affairs (MCA) and the Directorate of Enforcement (ED) to sort out whether the
NCLAT: Vikram Bakshi withdraws plea for permission to travel abroad – The Hindu BusinessLine
Former joint venture partner of American burger chain McDonald’s, Vikram Bakshi on Friday withdrew his application seeking permission to travel abroad, which was filed before
DHFL: KPMG audit finds fund misuse by DHFL–Economic Times
DHFL had total loans and advances of Rs 97,977 crore at the end of March. Financial lenders are working on a resolution plan submitted by
‘Conflict between probe agencies, NCLT to be resolved soon’ – The Hindu BusinessLine
Ease of doing biz: Top 50 ranking is our target, says Sitharaman Finance Minister Nirmala Sitharaman has assured that a solution will be found soon
Alternative data key to providing credit to the uncovered: TransUnion CIBIL COO – The Hindu BusinessLine
10 economies including India implement one-fifth of all reforms: World Bank report India’s significant improvement in the World Bank’s Ease of Doing Business ranking (it
MSMEs welcome jump in Ease of Doing Business rank but say ground level change still missing – The Financial Express
The country also saw a jump in resolving insolvency category from 108th last year to 52nd position. Ease of Doing Business for MSMEs: Amid India’s growth
Companies undergoing restructuring attract taxman’s gaze – The Economic Times
A tax official said that the tax department may not object to a merger or restructuring plan but can still question the treatment of goodwill.
Make banking stress less distressing–Economic Times
Banks have reportedly been forced to put bad loans worth Rs 40,000 crore on sale in the first half of FY20 following delays in the
McDonald’s case: NCLAT asks Vikram Bakshi to deposit Rs 5 cr for permission to travel abroad – The Financial Express
In September, NCLAT had said it will review the settlement between fast food major McDonald’s and its Indian partner Vikram Bakshi over the sale of
KPMG forensic audit finds fund diversion from DHFL to promoter-led entities | Business Standard News
A forensic audit conducted by KPMG on Dewan Housing Finance (DHFL) has confirmed siphoning of funds from the beleaguered non-banking financial company (NBFC) to a host of
M&A deals set to surge further as founders face cash squeeze, says Axis Capital – The Hindu BusinessLine
The financing squeeze has already taken a toll on the country’s economic expansion, which in turn erodes borrowers’ capability to repay further Deal volumes in
Former SEBI chairman UK Sinha’s recommendations for group insolvency – The Hindu BusinessLine
While the UK Sinha-led working group has made some sound recommendations, how these are implemented will be critical Globally, the business of corporations is increasingly
IBC: Getting your dues: Procedure for creditors to file under IBC – The Economic Times
By Abhay Chandalia Micro, Small and Medium Enterprises (MSME) have a duel battle to fight. One is growing competition and the other is growing requirement
IBC: SC upholds homebuyers’ rights as financial creditors – The Economic Times
The Supreme Court upheld changes to the Insolvency and Bankruptcy Code (IBC) that allows homebuyers to initiate proceedings under the law against real estate developers in case they default on debt
Here’s What You Need to Know About IBC, That You Are Not Aware of–Entrepreneur.com
Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. The Insolvency and Bankruptcy Code, 2016 was enacted with
The promoter pledge: Regulators must join hands to check misuse | Business Standard Editorials
India’s financial and equity-market regulators are reportedly working in concert to review and tighten the framework for pledging shares. Tighter oversight and regulation of this common practice,
Mutual fund securitisation deals: Mutual funds object to securitisation deals by DHFL–Economic Times
Negotiations on the Dewan Housing Finance Corp. Ltd (DHFL) debt resolution plan seem to have hit a roadblock. Mutual funds have objected to securitisation deals undertaken by DHFLNSE
SBI to conduct e-auction of 11 accounts to recover dues of Rs 467 crore – The Economic Times
The State Bank of India (SBI) will conduct an e-auction of 11 bad loan accounts on November 7 to recover dues of Rs 466.49 crore. In terms
aniltikotekar4sme.com 