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Nevin John
April 20, 2018
It's tough to conclude the resolution process in at least half of the 12 big loan defaulters within the 270 days time frame allowed under the Insolvency and Bankruptcy Code (IBC).


BusinessToday.In
New Delhi, April 20, 2018
Both the petitioners, Numetal and ArcelorMittal, welcomed the verdict for the prize is a big one, despite the fact that Essar Steel boasts the third biggest debt pile (over Rs 44,000 crore) among the initial 12 companies identified by the RBI for insolvency proceedings.


BusinessToday.In
April 20, 2018
Alok Industries will soon be heading towards liquidation. The textile company, which did not get any suitable bidder within the 270-day period stipulated under the Insolvency and Bankruptcy Code (IBC), is likely to let go of about 12,000 permanent jobs.


PTI
New Delhi, April 19, 2018
Pronouncing its order today, the National Company Law Tribunal noted that certain provisions of the IBC were not followed by the committee of creditors and the RP while disqualifying both the bids earlier.


www.businesstoday.in
April 18, 2018



www.businesstoday.in
April 18, 2018



BusinessToday.In
April 18, 2018
While there are many speculations for this shortage, the government and the Reserve Bank have said it's a temporary disruption and normalcy will return within three days. Also, the RBI is ready to go in for a five-fold increase in the printing of Rs 500 notes to deal with cash shortages.


www.businesstoday.in
April 16, 2018



BusinessToday.In
New Delhi, April 16, 2018
On March 12, aviation regulator Directorate General of Civil Aviation ordered grounding of 11 A320neo planes fitted with P&W 1100 engines citing safety concerns


BusinessToday.In
April 16, 2018
RIL-JM Financial ARC was the sole bidder and its initial offer of Rs 4,950 crore on April 12 had reportedly been rejected by 30 per cent of the CoC on the grounds that it was too low.


www.businesstoday.in
April 15, 2018



www.businesstoday.in
April 15, 2018



www.businesstoday.in
April 15, 2018



www.businesstoday.in
April 15, 2018



www.businesstoday.in
April 15, 2018



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April 14, 2018



www.businesstoday.in
April 13, 2018



www.businesstoday.in
April 13, 2018



BusinessToday.In
April 13, 2018
IIMs charge fees between Rs 9 lakh and Rs 20 lakh for two-year postgraduate programme. However, after the increase, fees could go up to Rs 22 Lakh. 


www.businesstoday.in
April 12, 2018



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