Getting your dues: Procedure for creditors to file under IBC
The recent Insolvency and Bankruptcy Code (IBC) has been a big sigh of relief for MSMEs which would, ensure faster debt recovery or liquidation process.
IBC bill introduced in Rajya Sabha
The changes in the law are aimed at timely admission of applications and timely completion of the corporat...
Industry welcomes NDA win; seeks more reforms to accelerate growth
Industry has welcomed the “decisive victory” of the NDA while asking the n...
IBC won’t hurt fuel supply, power pacts
There have been concerns in the power sector over impact from the IBC process.
NCLAT reserves order on ArcelorMittal takeover of Essar Steel
Senior advocate Harish Salve had contended that during the resolution period, Essar Steel had a profit of Rs 3,500 crore and the company is already providing Rs 2,500 crore as working capital.
It is the beginning of a new wave not only in market, but also in economy: Porinju
Churning opportunities are coming up. People who were in the mid and smallcaps faced liquidity problem. Now, the market is going to see a lo...
Not a big jump, upcoming rally will be a very gradual steady market move: Porinju Veliyath
After 200-300 point rise in Nifty, there can be some selling or profit booking, says Porinju
PSU banks seek Rs 50,000 crore capital infusion in FY20
“PSU banks say that fund infusion is needed for credit growth,” the report said.
IBC Amendments to ensure greater clarity: Sitharaman
The minister said four out of the eight set of amendments being brought in are explanatory in nature.
Kwality insolvency: Lenders to vote on deadline extension for submitting bids for resolution
Sources said that a committee of creditors (CoC) met on Monday to discuss the issue of extension of CIRP by 90 days and also to consider extending more time for submitting resolution plans.
IRPs of RCom, two units told to submit progress report
NCLT has held that stay on insolvency process of RCom and its 2 units has been vacated by NCLAT.
Essar Steel shareholder seeks rejection of ArcelorMittal bid for firm
The plea by Essar Steel Asia Holdings Ltd (ESAHL) comes weeks after an insolvency court cleared ArcelorMittal's bid for Essar Steel
Jaypee Infra lenders to mull NBCC revised bid on Thursday
The Allahabad bench of NCLT will hear the matter related to extension of the insolvency process next on May 21.
How to play arbitrage in Tata Steel BSL and Tata Steel merger
At Rs 561 apiece, one lot of May futures was worth Rs 5.95 lakh.
Need to closely monitor asset-liability mismatch in financial sector: Krishnamurthy Subramanian
The CEA said there was a need to incentivise young businesses as opposed to small businesses, as these were the ones that create more jobs and deliver growth.
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