Clipped from: https://www.financialexpress.com Stakeholders in the insolvency ecosystem should now redouble efforts to identify an alternate platform for resolution of defaults on account of Covid-19 By
Dealing with the unknown unknowns – The Financial Express
Clipped from: https://www.financialexpress.com The big question, of course, is why is the rupee so “strong”? Well, the obvious answer is that there is more demand for
Interest on loans not a matter of law–ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/ The Supreme Court is a key pillar of democracy, ensuring that laws and the Constitution are followed and not subverted. It has a
It calls for more than alot of money–eCONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/it-calls-for-more-than-alot-of-money/ Talking to this newspaper, senior banker and new president of the Confederation of Indian Industry (CII) Uday Kotak voiced the opinion of the
India’s economy to contract by 3.2 per cent in fiscal year 2020-21: World Bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com The Washington-based multilateral lender said that the COVID-19 pandemic and the multi-phased lockdown imposed to curb its spread has resulted in a devastating
Bad bank not a good idea unless key issues are addressed: Uday Kotak – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ Bad bank will not yield desired results unless aspects like transparency and recovery rate are addressed, he said. Setting up of a bad
RBI proposes easier securitisation, loan sale guidelines – The Economic Times
Clipped from: https://economictimes.indiatimes.com Market participants have time till June 30 give their comments and suggestions to RBI on these guidelines. The Reserve Bank of India (RBI) is
Global economy to plunge into worst recession since WW-II: World Bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com The Covid recession is the first since 1870 to be triggered solely by a pandemic, World Bank president said. Washington: The global economy, which
‘The auto sector is almost like an orphan sector’ : Shriram Pistons & Rings’ Ashok Taneja on government’s stimulus package – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ Ashok Taneja, MD and CEO, Shriram Pistons & Rings Ashok Taneja, MD and CEO, Shriram Pistons & Rings× I think all these measures
Monetising fiscal deficit via secondary OMOs right way: Uday Kotak | Business Standard News
Clipped from: https://www.business-standard.com If we keep subsidising or protecting businesses that are not able to compete, we have an issue. I would expect the market to
IBC suspension will fuel innovative options outside the Code: IBBI’s Sahoo | Business Standard News
Clipped from: https://www.business-standard.com In a Q&A, the chairman of the Insolvency and Bankruptcy Board of India says IBC should not be used to snuff out firms
Maxim of the fish: New MSME norms may not be a blessing for small business | Business Standard Column
Clipped from: https://www.business-standard.com Enhancing the investment and turnover limits for MSMEs was overdue, but the smaller units will have serious reservations Workers of an ordnance clothing
‘Bad Bank’ not a good idea without resolving these issues first, explains Uday Kotak – The Financial Express
Clipped from: https://www.financialexpress.com Unless issues such as transparency, recovery rate, transfer price, and governance, are resolved, bad banks can not give desired results. A Bad Bank,
IBC suspension to provide breathing space to struggling companies: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com Among other things, the Ordinance sought to prevent businesses that are experiencing distress on account of unprecedented situation following lockdown, from being pushed
India is mulling a new way to bring its bad loan burden under control – The Economic Times
Clipped from: https://economictimes.indiatimes.com India is mulling a new category of alternate investment fund to bring its bad loan burden under control. India is considering a new
Policies should be set keeping in mind everyone is in trouble, says Gadkari | Business Standard News
Clipped from: https://www.business-standard.com By removing the export turnover, these units will export more and the country will benefit. This will also boost employment, Nitin Gadkari said
Exodus of migrants hits garment, knitwear hubs – The Economic Times
Clipped from: https://economictimes.indiatimes.com Garment and knitwear hubs across the country from Ludhiana to Tirupur are facing shortage of tailors and finishing personnel as hundreds of thousands
Welcome breather – Special Report News – Issue Date: Jun 1, 2020
Clipped from: https://www.indiatoday.in The government has eased the regulatory burden to allow corporate India to focus on business revival. Worldwide Push: PM Modi at the Bloomberg
Insolvency code should be suspended for six months to help companies recover | The Indian Express
Clipped from: https://indianexpress.com After the lockdown is over, several companies are likely to default on their dues to both operational and financial creditors. The latter include
Govt. suspends insolvency proceedings – The Hindu
Clipped from: https://www.thehindu.com Fresh proceedings will not be initiated for at least six months starting from March 25 amid the COVID-19 pandemic The government on Friday
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