Panel suggests automatic CCI approvals for deals under insolvency law
The Competition Law Review Committee, chaired by Corporate Affairs Secretary Injeti Srinivas, has recommended a slew of changes with respect to the Act.
Creditors can expect 100 per cent recoveries under IBC
There are few cases of active businesses where creditors have recovered 100 per cent d...
Kotak’s PE arm raises $1 billion to invest in distressed assets
Abu Dhabi Investment Authority has committed $500 million as anchor investor ...
How to stop India from slowing down: ET India Dialogue's first edition decodes the fixes
Participants were of the view that India faces a slowdown challenge even as it grows at close to 7%. Solutions offered included immediate fiscal stimulus to aggressive asset sales.
Government mulls raising Rs 1 lakh default threshold for invoking IBC: Srinivas
The banks should be looking at other options for recovering loans before invoking the IBC, especially in those cases where amount of bad loans is not significant, he said.
Creditors expect increase in realisations through IBC despite hiccups
Despite hiccups, ICRA expects a rise in cases being admitted to NCLT, especially from operational creditors.
IBC improves business climate by allowing easier exit: Nirmala Sitharaman
FM said IBC has created a set of professionals who help, advise and also show the path through which businesses can exit if situations are adverse.
SBI chief to ED/CBI:Keep off companies under IBC, go after promoters
Probe agencies should keep off the company which is under the insolvency process, the SBI chairman has said.
India Inc's deal activity fell 57% to USD 32 billion in January-June this year: Report
The deal value in the first half of this year dropped to USD 32.1 billion from USD 74.4 billion in the year ago period.
NCLAT dismisses contempt plea against Anil Ambani, others
HSBC Daisy and others had moved a contempt plea in the appellate tribunal, alleging that Reliance Infratel had not paid up about Rs 230 crore as mandated by the NCLAT.
Jaypee Infra: NCLAT reserves order on extension of resolution process
The two-judge bench headed by NCLAT Chairman Justice S.J. Mukhopadhaya will pass the order in its next hearing on July 29.
NCLAT dismisses plea against insolvency of Tayo Rolls
The National Company Law Appellate Tribunal (NCLAT) has dismissed the plea filed against the ongoing insolvency of Tayo Rolls Ltd, a subsidiary of Tata Steel, filed by some of its employees.
Market Movers: What changed for D-Street while you were sleeping
Check out what all might matter on Dalal Street all through the day.
India emphasising deepening of corporate bond market: India's envoy to Singapore
With the strength of the economy we can go more forward with the bonds and have a bigger role FPIs.
Resolving Amrapali, Unitech and Jaypee will change discourse: Hardeep Singh Puri
"A lot of steps have been taken in the past two years for affordable housing. Effect of RERA is now visible," said Hardeep Singh Puri.
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