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Total 99 results found. Search for [ Allahabad High Court ]

Results 1 to 21 of 99
PTI
September 16, 2018
The Reserve Bank of India has refused to be part of a high-level committee headed by the Cabinet Secretary which was constituted to resolve stress in the power sector as it is not willing to relax norms to deal with bad loans.


BusinessToday.In
New Delhi, September 12, 2018
The SC order will also buy the stressed shipping and sugar companies, which had approached the top court against the order, some more time.


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


BusinessToday.in
New Delhi, August 28, 2018
Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...


BusinessToday.In
New Delhi, August 27, 2018
As per the RBI's February-12 circular, the over 70 defaulting companies had been given six months starting from March, following which financial creditors were supposed to move the NCLT against them.


Mail Today Bureau
August 27, 2018
The RBI circular asks banks to identify projects with even a day's default as stressed assets, and conclude resolution proceedings in 180 days.  The circular came into effect on March 1 and the 180-day deadline concludes on August 27.


PTI
August 26, 2018
The RBI circular asks banks to identify projects with even a day's default as stressed assets, and conclude resolution proceedings in 180 days. The circular came into effect on March 1 and the 180-day deadline concludes on August 27.


Anilesh S. Mahajan
New Delhi, August 20, 2018
Despite huge strides, the risk of stressed and stranded projects is keeping investors jittery about India's infrastructure building strategy.


BusinessToday.in
New Delhi, August 10, 2018
Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...


BusinessToday.In
New Delhi, July 6, 2018
Taking a cue from Maharashtra, Uttar Pradesh too will ban use of plastic products by the mid of this month. Talking to ANI, Chief Minister Yogi Adityanath said that an order has been passed to ban the use of plastic in the entire state from July 15.


Mail Today Bureau
New Delhi, June 28, 2018
According to National Judicial Data Grid (NJDG), the five states which account for the highest pendency are Uttar Pradesh, Maharashtra, West Bengal, Bihar and Gujarat.


BusinessToday.In
June 22, 2018
Back in February, when the Reserve Bank of India introduced its revised framework for resolution of stressed assets, the banking sector and beleaguered companies alike were left shaking.


PTI
June 11, 2018



PTI
June 1, 2018



PTI
April 5, 2018



Ashok Upadhyay & Santosh Chaubey
March 25, 2018
At a time when the banks are staring at Rs 9.5 lakh-crore worth of gross non-performing assets (NPAs), an RTI query into how much money the corporate entities owe to the public sector banks in the country has elicited a muffled response from majority of PSU lenders.


BusinessToday.in
New Delhi, February 23, 2018
Rotomac group owner Vikram Kothari and his son Rahul were sent to a one-day transit remand by Delhi's Patiala Court in relation to Rs 3,695 crore loan default case. The duo will now be produced before a special court in Lucknow.


BusinessToday.in
New Delhi, February 22, 2018
The agency was questioning the stationery czar-turned-loan defaulter for the past three days. Kothari had taken several loans worth Rs 2,919 crore - with interest around Rs 3,695 crore - from a consortium of seven banks since 2008, but allegedly used the money for other business purposes, and defaulted on them.


BusinessToday.in
New Delhi, February 21, 2018
Kothari, who owns Rotomac Pens Limited, is being probed for defaulting loans worth Rs 2,919 crore - with bank interest around Rs 3,615 crore - which he took from a consortium of seven banks since 2008 but allegedly used the money for other business purposes than it was intended for.


BusinessToday.in
New Delhi, February 21, 2018
The government on Wednesday opposed a plea seeking an independent SIT probe and deportation of celebrity jeweller Nirav Modi in the Supreme Court, saying an FIR has already been filed and a probe was on.


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