Though resolution professional will be appointed, he will only be responsible for smooth running of the pre-pack process, which is supposed to be completed in 90-120 days for filing of resolution plan with the AA plus 30 days for AA to approve it

Dissenting farmers, who have been protesting at borders of Delhi for the past 14 days, have instead said that they will block Delhi-Agra and Delhi-Jaipur highways on December 12

India Stock Market Highlights Today: During the session, Sensex touched a lifetime high of 45,148 and Nifty hit an all-time high of 13,280

WHO said that it would consider a draft resolution to strengthen preparedness for health emergencies through robust compliance with the International Health Regulations

When asked about what could be the lasting impact once things normalise after COVID-19, Sahoo said necessity is the mother of invention and that the focus is on swift response

RXIL, a joint venture between Small Industries Development Bank of India (SIDBI) and National Stock Exchange of India Limited (NSE), is one of the three entities approved by RBI to run the TReDS platform

The special draft framework recommends that the insolvency procedures against an MSME can only be triggered by the MSME itself and not by any of the creditors

Over 4.6 lakh companies have faced closure in Q1 in China, of which over 26,000 are export-oriented companies. UN-backed resolution to probe its role in COVID-19, coupled with the US' continuous push to corner it,has forced neighbouring country to 'think inward' on its export strategy

The beleaguered private sector bank will soon be run by SBI-led consortium of investors. This is how things will pan out

RBI expressed concerns that state governments moving deposits out of private banks will cause unnecessary panic in banking sector, leading to liquidity issues

Yes Bank Crisis: This development comes a day after the Yes Bank's newly appointed administrator, Prashant Kumar reportedly said that the moratorium on withdrawals could be lifted by Saturday

Announcing a draft scheme of reconstruction for cash-starved Yes Bank on Friday, the RBI had said that the strategic investor bank will have to acquire a 49 per cent stake

A forensic audit of the company by KPMG found that DHFL had lent Rs 14,000 crore to about 25 group companies, which had posted an average profit of about Rs 1 lakh

India's comments came as on Pakistan's request, Mumbai attack mastermind Hafiz Saeed was allowed by an anti-terror committee of the UN Security Council to withdraw money from his bank account for basic expenses

DHFL, which has been severely impacted by the NBFC crisis which unfolded late last year following the IL&FS bankruptcy, has defaulted on multiple commitments

The Wadhawan family, who owns a little over 39% in the company, has been looking at ways of coming out of the stress, which first came to light late last year following the IL&FS bankruptcy

Shares of Dewan Housing Finance Corporation (DHFL) gained nearly 9% intraday on Wednesday, ahead of the company's meeting with its lenders to discuss the draft resolution plan.

Earlier, CG Power and Industrial Solutions informed exchanges that it was given a 2- month and 15 days extension by Registrar Of Companies for holding the 82nd AGM of the Company for the financial year ended on March 31, 2019

\"We expect that retail sales in September would witness an improvement over August,\" Bhargava told reporters on a press conference scheduled on Monday, 23 September 2019.

The DHFL stock price opened at Rs 42.05, up 0.35% today on BSE, against the last closing price of Rs 41.90. Later, the DHFL stock gained 7.4% to touch an intraday high of Rs 45 on BSE.