Around 1,200 operational creditors of Bhushan Power and Steel plan to bring the company’s Jharsuguda plant to a stand-still. Operational creditors of the debt-ridden company told Business Standard they would ensure there was no
Category: May Look At Leisurely
NCLAT rejects Liberty House plea to stay Bhushan Power’s resolution process | Business Standard News—–
The lenders of Bhushan Power and Steel are in the process of finalising the bids The National Company Law Appellate Tribunal (NCLAT) today turned down the plea
Gross domestic product | | Loksatta—–
अर्थसाक्षरता बेतास बेत असण्याचे अनेक (गैर)फायदे निदान सत्ताधाऱ्यांना तरी आहेत. विद्यमान सत्ताधारी तर प्रचार-प्रसारात इतके मातब्बर की राजकीय कुरघोडय़ांबाबत विरोधकांना ते सहजी नामोहरम करतात हे
‘Resolution process cannot please everyone’ – NEWS – Business Line—–
Deloitte Touche Tohmatsu India had made its mark in the IBC process by finding the first suitor for a stressed asset. Tata Steel walked away
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
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
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 ,
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
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
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
No concentration of power under creditors’ pact: SBI – The Economic Times
Rubbishing allegations that State Bank of IndiaNSE -1.90 % would get an upper hand under the new inter-creditor arrangement for stressed loans, chairman Rajnish Kumar said no power was being
MSDE, IBBI announce training programme for new job role of insolvency associates – The Economic Times—–
This first-of-a-kind course, designed to provide the Indian youth with better career opportunities, will help them contribute to the overall growth and development of the
Lenders may be allowed to change NCLT bench – The Economic Times
Many in the corporate world are shaken by Reserve Bank of India’s queries on foreign investments that companies have received over the years, the declarations they have to give
EXCLUSIVE | Bankruptcy Code: Are homebuyers secured financial creditors? Read builder agreement carefully – The Financial Express—–R
MS Sahoo, the chairman of the Insolvency and Bankruptcy Board of India that notified regulations for corporate resolution process last week, also says an insolvency
Essar Steel lenders ask NCLAT to speed up resolution process – The Financial Express
Lenders to the bankrupt Essar Steel on Wednesday urged the National Company Law Appellate Tribunal (NCLAT) to speed up the resolution process as they were
Macro stability at risk | Business Standard Column
A few months ago, at the start of calendar 2018, India’s macroeconomy seemed in reasonable shape. The world economy was growing at its fastest in
India has reacted well to US tariff hikes – Business Line
Postponing the levy of retaliatory duties and giving some room for resolution of the matter is tactically the right thing to do Last month, when
