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BT Online
May 12, 2016
The Rajya Sabha on Wednesday passed the Insolvency and Bankruptcy Code, 2016. The Lok Sabha had cleared the bill on last Thursday.


BT Online
New Delhi, May 12, 2016
Banking stocks such as ICICI Bank, Kotak Bank, Federal Bank and State Bank of India cheered the passage of Bankruptsy Bill and gained up to 3 per cent on the bourses.


Mail Today Bureau
New Delhi, May 12, 2016
While the Lok Sabha (LS) was not disrupted even for a minute and clocked 120 per cent productivity, the Rajya Sabha (RS) could work for only 85 per cent of its scheduled time.


PTI
New Delhi, May 12, 2016
The Rajya Sabha on Wednesday passed the Insolvency and Bankruptcy Code, 2016. \"This is considered as the biggest economic reform next only to GST,\" a Finance Ministry statement said.


Mail Today Bureau
New Delhi, May 6, 2016
The government said on Thursday that it plans to sign international treaties to confiscate overseas assets of wilful defaulters and recover dues of banks as the Lok Sabha passed the Insolvency and Bankruptcy Code Bil.


PTI
New Delhi, May 6, 2016
The Lok Sabha on Thursday passed Insolvency and Bankruptcy Code Bill that seeks to update and consolidate existing laws in this regard. Once the Bill becomes a legislation, it will enable faster exits for companies.


PTI
Frankfurt, May 5, 2016
Finance Minister Arun Jaitley on Wednesday said government will take up the Insolvency and Bankruptcy Code for discussion and passage in Lok Sabha immediately after his reply on the Finance Bill.


Reuters
New Delhi, May 2, 2016
The measure marks a vital step towards completing India's quarter-century-old transition from socialism to a market economy that has so far been unable to adequately address what to do when companies fail.


Aprajita Sharma
New Delhi, April 29, 2016
\"The new bankruptcy code will consolidate different complex laws into a simple law that will facilitate a simple and easy process of bankruptcy, giving unviable and sick firms an easier exit option,\" said expert.


PTI
New Delhi, April 19, 2016
\"Enactment of the Bankruptcy Act will be a defining event as regards the development of the corporate debt market,\" RBI Deputy Governor HR Khan said at the 17th Annual Conference of FIMMDA-PDAI last week in London.


PTI
New Delhi, March 14, 2016
The GST bill has already been passed by the Lok Sabha and is pending ratification by the Upper House, where the ruling NDA does not have a majority.


Team BT
Delhi, March 9, 2016
Arun Jaitley has shown the right intent by focusing on the rural economy in his Budget, but appears to have failed to outline a clear roadmap for delivering on his promises.


By Prosenjit Datta
Delhi, February 10, 2016
For any finance minister, preparing a Budget is all about trade-offs. It has to meet many different objectives simultaneously, and some of them might be in conflict with one another.


Team BT
Delhi, December 30, 2015
Business Today readers share their feedback on the magazine's coverage.


PTI
New Delhi, December 24, 2015
The Session, which began on November 26, had 20 sittings. Out of this, Rajya Sabha lost 47 hours due to disruptions caused almost every day by Congress which raised one issue after another.


Dipak Mondal
December 23, 2015
TK Vishwanathan, chairman of the committee that drafted the new Bankruptcy Code speaks about government's mission to usher in sweeping changes to the country's bankruptcy law.


PTI
New Delhi, September 14, 2015
\"We forecast India's potential growth could rise to 8 per cent over the period FY16-20 from 7 per cent in FY12-15, under the new GDP series, based on bottom-up factors and structural reforms,\" Goldman Sachs said.


PTI
New Delhi, July 8, 2015
The ministry expects that India's ranking in the World Bank's Ease of Doing Business report would be in the range of 95 to 105 from the current 142 out of 189 countries, a senior official said, adding India aims to feature among top 50 in the next three years.


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