The judiciary’s latest stand may prohibit the tax authorities from making appeals Last week, the Supreme Court ruled that the Insolvency and Bankruptcy Code (IBC)
Category: May Look At Leisurely
RCom gets relief from overseas bondholders; plan cleared for a 42% haircut | Business Standard News
In a development that takes it closer to averting bankruptcy proceedings, Reliance Communications (RCom) has secured approval of its overseas bondholders for the revised terms.
Look beyond GDP numbers: The broader India story does not shine as much | Business Standard Column
The manner in which the two leading political parties got into a tizzy over some new numbers on growth of gross domestic product (GDP), put out by
Rupee depreciation: Fall collection unveiled–Economic Times
By Rana Kapoor The rupee has generated significant degree of media attention in the last few months, with the currency touching a record low of
US Federal Reserve to continue gradual rate hikes to manage potential risks – The Financial Express
US Federal Reserve Chair Jerome Powell has reiterated that the central bank will stick to the strategy of gradual rate hikes to manage potential risks
Well just to be fair, Indian authorities have brought down the fiscal deficit: Raghuram Rajan – The Financial Express
Former RBI Governor Raghuram Rajan has said that the rupee has not depreciated to ‘too worrying levels’, though the government needs to take care of the widening current account
Patanjali moves NCLT against Ruchi Soya lenders approving Adani Wilmar bid | Business Standard News
Ramdev-led Patanjali Ayurved has approached the NCLT challenging the decision by Ruchi Soya’s lenders to approve Adani Wilmar’s Rs 60 billion (Rs 6,000 crore) takeover bid. The
IVRCL’s insolvency resolution period extended by 90 days – The Hindu BusinessLine
The National Company Law Tribunal (NCLT), Hyderabad has extended the duration of the corporate insolvency resolution process period for IVRCL Ltd by an additional 90
Gemini Communication Ltd. – Corporate Insolvency Resolution Process (CIRP)-List of Creditors – The Hindu BusinessLine
We are hereby enclosed list of Creditors updated as on 11th August 2018 of Gemini Communication Limited as required to be displayed under Regulation 13(2)(c)
Arun Jaitley as Finance Minister: Twin deficits, slow investments key challenges – The Financial Express
Union Finance Minister Arun Jaitley outside the North Block in New Delhi on Thursday. Arun Jaitley, who underwent a kidney transplant surgery in May, resumed
Lanco Infratech insolvency case sees another twist – NEWS – The Hindu BusinessLine
The ongoing insolvency case against Lanco Infratech Ltd now has Power Mech Projects Ltd, a potential bidder, submitting an Expression of Interest, to be a
Saying it like it is – The Hindu BusinessLine
The GDP trajectory plotted by the Mundle committee appears quite plausible and the Centre shouldn’t try to whitewash it A fresh round of political acrimony
Deccan Chronicle Holdings moves Hyderabad HC against move to seize office | Business Standard News
Indiabulls says it has an exclusive lien over Deccan Chronicle’s corporate office in Secunderabad and a printing press property on the city’s outskirts. The resolution
बोलणाऱ्याची बोरे | Loksatta [ Economy ]
रिझव्र्ह बँक आणि सांख्यिकी विभागाच्या अहवालांनी मोदी सरकारची वातावरणनिर्मिती आणि प्रत्यक्ष वास्तव यातील तफावत समोर आली. प्रचार आणि वास्तव समजून घेण्यासाठी ताजे दोन अहवाल महत्त्वाचे
IBC wins against taxman, yet again – The Hindu BusinessLine
The Supreme Court has ruled that the Insolvency and Bankruptcy Code (IBC) will override Income-Tax rules on claims. “Given Section 238 of the Insolvency and
Creditors of Bhushan Steel stand to lose even after resolution – NEWS – The Hindu BusinessLine
The resolution plan for the debt-ridden Bhushan Steel Ltd is in place with Tata Steel willing to acquire the former for Rs. 35,000 crore, but
NCLAT grants stay on liquidation order passed against Jyoti Structures | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) has granted a stay on the liquidation order passed against insolvent firm Jyoti Structures. The stay order comes after a group of
Internal strife hurting Rupee: If government is forcing RBI to loosen its purse strings, money would leave India faster than light – The Financial Express
The depreciation of the rupee and the attendant loss of reserves in managing the volatility should have been seen as a consequence of global forces.
Brace for more rupee weakness, advise Rabobank MD and senior economist | Business Standard News
Jan Lambregts MD & global head, financial markets research Rabobank International. Economic turmoil in Turkey affected global financial markets. JAN LAMBREGTS, managing director and global head of financial markets research
Jaypee Infra case: 3,400 homes offered for possession in one year | Business Standard News
The resolution professional for Jaypee Infratech has, in the past nine months, offered 3,400 houses for possession. A source close to the resolution professional said,
