Clipped from: https://www.thehindubusinessline.com/opinion/pre-packing-the-insolvency-resolution-process/article34172160.ece Multiple competing choices for resolution of stress makes an economy a great place to do business The Insolvency and Bankruptcy Code, 2016 envisaged
The next battle between Mistry and Tata will be on the valuation of SP Group’s share in Tata Sons – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/the-next-battle-between-mistry-and-tata-will-be-on-the-valuation-of-sp-groups-share-in-tata-sons/article34168159.ece The dispute between Cyrus Mistry and the Tata group has come to an end with the Supreme Court upholding Tatas’ decision to oust
SC order, a validation of Tata group’s ethics: Ratan Tata – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/supreme-court-order-a-validation-of-tata-group-values-and-ethics-ratan-tata/article34168321.ece For the Tata group, the Supreme Court’s decision against the allegations made by Cyrus Mistry, could not have come at a better time.
Tatas may want to buy out Mistry’s stake, but where is the cash? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tatas-may-want-to-buy-out-mistrys-stake-but-where-is-the-cash/article34172850.ece The Tata group could potentially put an end to the troubles created by Cyrus Mistry and family by acquiring their stake, but it
Mistry camp exploring all options – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/mistry-camp-exploring-all-options/article34172828.ece The Mistry family is exploring all options, including filing a review petition and seeking a legal recourse, to determine the value of the
Tatas hold all the aces – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tatas-hold-all-the-aces/article34172795.ece Legal spat between Tata and Mistry groups may continue, but the former has an edge Cyrus Mistry is in a very difficult spot
SC order upholds company board supremacy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sc-order-upholds-company-board-supremacy/article34172831.ece Verdict restricts scope of court’s interference in the corporate decision-making process The verdict of the three-judge Bench of the Supreme Court has not
Hesitancy, infra issues plague vaccination drive – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/hesitancy-infra-issues-plague-vaccination-drive/article34172551.ece Against ideal of 5-7m, averaging 2 m daily Seventy days into the Covid vaccination programme, some States are still battling infrastructural issues and
With the latest $234-m fund-raise, Chennai-based NBFC Five-Star turns a unicorn – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/chennai-based-nbfc-five-star-business-finance-limited-raises-1700-crore/article34169522.ece The investment will be made through a combination of primary infusion and secondary shares sales by existing investor Morgan Stanley Private Equity Five
Insurers see adverse claim ratio on Covid-specific health products | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/insurers-see-adverse-claim-ratio-on-covid-specific-health-products-121032601622_1.html The regulator’s two Covid standard products – Corona Kavach and Corona Rakshak – have covered more than 4.7 million lives Covid-specific health products,
Mobile device makers press for 2021 as zero year under PLI scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/mobile-device-makers-press-for-2021-as-zero-year-under-pli-scheme-121032700064_1.html Companies eligible for the scheme ask govt to invoke force majeure clause Mobile device players say that they have had a couple of
Preparing for the Insolvency and Bankruptcy Code storm – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/preparing-for-the-ibc-storm/2221359/ With the suspension lifted, there is the likelihood of a surge in filing of IBC cases. To avoid overwhelming the tribunals, the govt
Fintech revolution needs regulatory help – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/fintech-revolution-needs-regulatory-help/2221277/ They have cracked the payments piece but to do the same in the lending space, fintechs need important permissions from RBI And here
US President Joe Biden’s sensible stimulus – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/us-president-joe-bidens-sensible-stimulus/2221352/ Although the US’s output growth is likely to be above potential next year, a relatively flat Phillips curve implies that inflation is unlikely
Behind the Tata-Mistry feud, the crossed wires of history – The Financial Express
Clipped from: https://www.financialexpress.com/industry/behind-the-tata-mistry-feud-the-crossed-wires-of-history/2221484/ When Cyrus took over, he was the first Tata Sons chairperson in the group’s history not to be made chairperson of the Sir
View: New foreign trade policy is an opportunity for MSMEs to leverage e-commerce for their growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/view-new-foreign-trade-policy-is-an-opportunity-for-msmes-to-leverage-e-commerce-for-their-growth/articleshow/81713632.cms Synopsis–India’s 2021-26 foreign trade policy (FTP), currently under formulation, is likely to be released on April 1. The earlier FTP that was due
Half my private equity investment turned duds: Rakesh Jhunjhunwala – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/half-my-private-equity-investment-turned-duds-rakesh-jhunjhunwala/articleshow/81686639.cmsSynopsis Jhunjhunwala, often referred to as India’s own Warren Buffett, said five of his private equity investments delivered beautifully while another five performed moderately.
Does the Tata-Mistry ruling ignore reality of how boards are run and decisions taken? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/law-is-willing-but-spirit/articleshow/81712712.cms Synopsis-In India’s legal system, there is no place for redressal if, while following the letter of the law, its spirit is ignored. This
JSW transfers Rs 19,350 cr to complete acquisition of Bhushan Power and Steel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-transfers-rs-19350-cr-to-complete-acquisition-of-bhushan-power-and-steel/articleshow/81706126.cmsSynopsis JSW Steel was chosen the winning bidder for BPSL’s assets in September 2019, and the resolution plan was approved by NCLT soon after.
Tata-Mistry: Person who sets own house on fire doesn’t deserve to be in decision making body, says SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-mistry-person-who-sets-own-house-on-fire-doesnt-deserve-to-be-in-decision-making-body-says-sc/articleshow/81712082.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The top court said it is an irony that the very same person who represents shareholders owning just 18.37 per cent of the
