Clipped from: https://economictimes.indiatimes.com At a time when coronavirus pandemic has disrupted economic activities, industry body CII on Sunday said companies must tread with caution when looking
Category: IBC-SEBI
Andhra Pradesh High Court orders seizure of LG Polymers’ premises, bars directors from leaving India – The Economic Times
Clipped from: https://economictimes.indiatimes.com The court has also barred the company directors from leaving the country without its permission, while ordering authorities not to release their surrendered
HDFC–Profit may fall up to 22% in absence of dividend income – The Economic Times
Clipped from: https://economictimes.indiatimes.com The NBFC is slated to release its quarterly results on Monday, May 25. NEW DELHI: Mortgage lender Housing Development Finance CorporationNSE -5.08 % (HDFC) is
How Atmanirbhar Bharat impacts sectors, stocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com We evaluate the impact of key proposals and reforms on various sectors Banking: An added burden for banks The stimulus package, which was
Reliance Industries rights issue: 8 reasons why you should subscribe to it – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Among them is the fact that RIL has financial muscle to weather the Covid-19 storm The ₹53,124-crore rights issue of Reliance Industries (RIL) —
Govt looks at dedicated NCLT benches for insolvency, Companies Act-related matters – The Economic Times
Clipped from: https://economictimes.indiatimes.com Recently, the government had legislated changes to the insolvency code to fast-track processing of cases where a restructuring plan has been agreed in
Hertz files for bankruptcy after rental-car demand vanishes | Business News,The Indian Express
Clipped from: https://indianexpress.com/ After the coronavirus pandemic decimated revenue, the car renter sought relief from lenders and a bailout from the U.S. Treasury Department. Signage is
Lenders have recovered money in just 14% of cases resolved by NCLT: Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Liquidation ordered in 57% of cases, says Motilal Oswal report card on 3 years of IBC Financial and operational creditors have managed to
RBI’s second booster shot: Key policy rates cut – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Repo rate snipped 40 bps to 4 per cent, reverse repo now at 3.35 per cent; moratorium on debt servicing extended until August
RBI remains silent on one-time loan recast and 180-day NPA recognition – The Financial Express
Clipped from: https://www.financialexpress.com Friday’s regulatory announcements turned out to be bittersweet for banks and industry as the Reserve Bank of India (RBI) granted an extension of
Is this all that RBI can do?–Editorial–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/is-this-all-that-rbi-can-do/ It might be useful for the Reserve Bank of India (RBI) to glance through the latest issue of the central bank’s Weekly Statistical
Building a new real estate sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com Land is a state subject. Regulating it has always been difficult. The Narendra Modi government’s strategy to show the direction at the Centre
Supreme Court allows ED to attach assets of JP Morgan after it identifies Rs 187 crore as proceeds of crime – The Economic Times
Clipped from: https://economictimes.indiatimes.com A bench of Justices Arun Mishra and U U Lalit, which took up the matter through video conferencing, granted the permission to the
Moratorium extension not enough, loan recast will be needed: Analysts – The Economic Times
Clipped from: https://economictimes.indiatimes.com Equity investors dumped bank stocks on Dalal Street, sensing deeper pain ahead. NEW DELHI: RBI on Friday extended the moratorium on loan repayments
What steps did the govt take to prevent MSMEs from defaulting on loans? | Business Standard News
Clipped from: https://www.business-standard.com/ Two important steps have been taken in this regard by the govt The Insolvency and Bankruptcy Code is entering a period of suspension
Banks approach MCA to expedite nod for 40 resolved IBC cases – The Economic Times
Clipped from: https://economictimes.indiatimes.com With prospects of almost zero recovery over the next few months, banks are worried that buyers may call off deals or reduce valuations
Banks let 124 companies slip into liquidation despite resolution plans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ “The code envisages maximisation of value and not price,” wrote Dr M.S.Sahoo, chairman, IBBI, in the latest newsletter released by the bankruptcy regulator.
Monsanto pleas against probe into allegations of dominant position abuse dismissed – The Financial Express
It held that the CCI order passed under Section 26(1) of the Competition Act “is an administrative order” and, therefore, unless it is found that
MSME: Cabinet approves Rs 3 lakh cr emergency credit line for MSME; loans at 9.25% rate – The Economic Times
The scheme aims at mitigating the economic distress being faced by about 45 lakh MSMEs by providing them additional funding of up to Rs 3
Big 4: 57% investors say Big-4 auditors have no credibility: IiAS survey – The Economic Times
According to a survey by Institutional Investor Advisory Services of 63 large investors and sell-side analysts numbering 89, conducted online between April 13-21, as much
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