Failure by a firm to service debt, which is otherwise known as insolvency, is an outcome of the market. The Insolvency and Bankruptcy Code, 2016,
Insolvency–: Pay PF dues before repaying creditors, NCLT tells liquidator of Precision Fasteners – The Economic Times
In a significant order for employees of bankrupt companies, the National Company Law Tribunal has ordered the resolution professional handling liquidation of Mumbai-based Precision Fasteners to pay
What does BoP indicate – The Hindu BusinessLine
The rupee has been depreciating sharply this year, thanks to stress in external account. Here’s a closer look at some of the pain-points With the
Yes Bank CEO: Oh yes, you lost your CEO, for greater good: Why RBI said no to a full-term for Rana Kapoor
By Andy Mukherjee By denying a full three-year term to Yes BankNSE -29.04 % Chief Executive Officer Rana Kapoor, India’s banking regulator has sent stern messages to not one or
Tax Refund Regime | GST: Easier tax refund regime for exporters in the works
Govt may announce steps over next few days to streamline process & speed up repayments. The government is examining the tax refund mechanism for exporters under goods and services
small businesses: Freedom from clutter: Spreadsheet or software? – The Economic Times
By Tejas Goenka Over the last few years, it has been encouraging to note that numerous small businesses across the country are coming to terms with the
Car insurance premium up sharply: Compulsory personal accident cover hiked to Rs 15 lakh – The Economic Times
Currently, Personal Accident Cover is capped at Rs 1 lakh for two-wheelers and Rs 2 lakh for private or commercial cars respectively. The compulsory personal accident
Vehicle Insurance: Uninsured vehicle owners should pay accident-compensation else vehicle to be auctioned: SC
If any uninsured vehicle ends up in an accident, the compensation payable to victim’s family becomes an issue. If you are driving an uninsured vehicle,
Punish those who fabricate false cases
Rocket scientist Nambi Narayanan had his career cut short, life disrupted and life experience stretched to the prison, where he spent 50 days, because of
RBI announces norms for co-origination of priority sector loans by banks, NBFCs – The Financial Express
The co-origination arrangement should entail joint contribution of credit by both lenders at the facility level. The Reserve Bank Friday announced guidelines for co-origination of
P Chidambaram slams government for its ‘heavy-handed’ approach towards NPA – The Financial Express
Senior Congress leader P Chidambaram Friday slammed the Modi government for its banking policy, saying due to its “heavy-handed” approach towards non-performing assets, banks have no money to lend.
Flirting with danger: If the rupee touches 73 again, RBI should push the off-meeting button – The Financial Express
Flirting with danger: If the rupee touches 73 again, RBI should push the off-meeting button The set of initiatives unveiled by the government/RBI last weekend to
The GDP row is a fight of the fools – Here is why – The Financial Express
The GDP row is a fight of the fools Because politicians ultimately end up being policymakers, they should do better in appreciating the fact that
Supreme Court stays insolvency proceedings against Mack Soft – The Financial Express
Supreme Court stays insolvency proceedings against Mack Soft The Supreme Court has stayed the insolvency proceedings against Mack Soft Tech by its holding company Quinn
Why services exports aren’t a panacea for country’s trade deficit problem | Business Standard Column
The 13 per cent fall in the dollar value of the rupee so far this calendar year has focused attention on the country’s growing deficit
No need for curbs on gold to bring down the CAD, says Somasundaram PR | Business Standard News
Somasundaram PR The burgeoning current account deficit (CAD) has led to reports that the government may again restrict gold imports. However, Somasundaram PR, managing director, India of
The Isro tragedy: Who will be held accountable for a cooked-up spy case? | Business Standard Editorials
In a tragic turn of events, space scientist K Chandrasekhar died in hospital hours before the Supreme Court (SC) finally pronounced that the spy case
Big haircut for lenders as NCLT okays resolution plan for Orchid Pharma | Business Standard News
The Chennai bench of the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by US-based investor Ingen Capital Group LLC for Chennai-based pharmaceutical manufacturer Orchid Pharma Ltd, following
Strong opposition pushes MSME Bill to backburner – The Hindu BusinessLine
The Bill to redefine Micro, Small and Medium Enterprises (MSMEs) may not see the light of the day as the government seems to have developed
To stem rupee slide, India may look to lock in oil futures – The Hindu BusinessLine
The Indian government is planning to ask state oil firms to lock in their crude futures purchase prices, a government source said on Thursday, anticipating
