The decision is taken after considering that it is difficult for the insolvency professionals to continue to conduct the process and for members of the
Software company Zoho accuses rival Freshworks of stealing customer data; files legal case in US court – The Financial Express
Two of India’s leading software-as-a-service (SaaS) companies – Zoho and Freshworks are at loggerheads. Zoho has sued Freshworks in a US court alleging data theft
Strong economy may prevent India from recession; almost all G20 countries can face economic contraction – The Financial Express
As the spread of coronavirus is still unchecked and the disruptions in economic activities are not expected to end anytime soon, most of the countries
COVID-19 virus: Hit by a virus and lockdown, the wheels are coming off the Indian logistics industry – The Economic Times
Due to complete shutdown of public transport facilities, workers required for handling and transportation of essential commodities and supplies, now need to commute to their
Hero MotoCorp suspends payments to suppliers amid lockdown – The Economic Times
NEW DELHI | MUMBAI: The country’s largest two-wheeler manufacturer Hero MotoCorpNSE -6.56 % said it’s invoking force majeure to suspend full payments to vendors, since
Lockdown period won’t be counted in IBC timeline: IBBI – The Economic Times
New Delhi: Lockdown period will not be counted towards the timeline for any activity under the corporate insolvency resolution process. “…the period of lockdown imposed
Coronavirus: Maharashtra releases 601 inmates from 37 jails in 3 days – The Economic Times
MUMBAI: The Maharashtra government has released 601 inmates from 37 prisons in the last three days to reduce crowding in view of the coronavirus outbreak,
lockdown impact on msmes: A quarter of MSMEs may shut shop if the lockdown persists – The Economic Times
Bengaluru: More than one fourth of India’s 69 million micro, small and medium enterprises (MSMEs) may shut shop if the lockdown extends beyond four to
Covid effect: Govt may ease resolution rules for insolvent firms – The Economic Times
MUMBAI: In a move aimed at smooth resolution of insolvent firms, the finance ministry is considering waving off the 21-day national lockdown from the bankruptcy
Separate GST registrations confuse interim resolution professionals – The Economic Times
New Delhi: Interim resolution professionals managing various companies under the insolvency process have flagged several issues in a recent notification requiring separate GST registration for
Coronavirus blues: How to prevent insider trading in the midst of COVID-19–Business Today
In India, insider trading is a strict liability offence and regulated in terms of the SEBI (Prohibition of Insider Trading) Regulations 2015 In assuming a
Coronavirus impact: MakeMyTrip, Goibibo, redBus employees face salary cut, fear of job loss–Business Today
MakeMyTrip might also lay off about 400 employees who are not on its payroll Travel firm MakeMyTrip has announced salary cuts as tourism sector have
A back-breaking lockdown that harms the poor | Deccan Herald
The phones at the toll-free labour helpline in Rajasthan’s Udaipur district have not stopped ringing since the news of the total national lockdown. Hapless migrant workers
China, the new moral power? | Deccan Herald
With the magnitude of China’s Covid-19 crisis declining — the number of new domestic infections has fallen in recent weeks and no new cases of
Enforce, but with a human touch | Deccan Herald
There is no doubt that social distancing is the only way to keep COVID-19 out, and it is equally true that a social lockdown is
Will migrant workers get jobs back when they return? | Deccan Herald
The massive lines of workers snaking out of cities has seemingly surpassed the tragedy of COVID-19. State government intervention, which has already begun, will arrest
India & COVID-19: Urgent need for a surgical strike | Deccan Herald
Time is life, delay is death.’ India is on the cusp of realising the truth in those words. As COVID-19 spreads rapidly across the world
India’s air travel industry jolted by COVID-19, in grave danger of insolvency: IATA | Deccan Herald
India’s carriers are in grave danger of insolvency in the wake of the COVID-19 pandemic, according to the International Air Transport Association (IATA). The current
Foreign returnees told to submit selfie, health details online–Deccan Chroncile
Hyderabad: Over the past week, the state government has been sending messages with website links to people who have entered the country after March 15,
Amidst lockdown, poor need karuna | The Indian Express
The poor rush back on crowded trains and buses or walk. Despite all the talk about globalisation for the last 30 years, the current crisis
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