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Total 812 results found. Search for [ insolvency ]

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PTI
August 10, 2018
The appellate tribunal also rejected the claims of engineering and construction major L&T, an operational creditor of Bhushan Steel Ltd, opposing Tata Steel's resolution plan seeking a higher priority in debt resettlement.


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, August 9, 2018
Singhal has been sent to judicial custody till August 14. The SFIO has found that former promoters of BSL used multitude of complex, fraudulent manoeuvres to siphon off funds amounting to thousands of crores raised by then management of BSL.


BusinessToday.In
August 9, 2018
The Supreme Court today asked the Allahabad bench of the NCLT to deal with the insolvency proceedings against Jaypee Infratech, allowing a second round of bidding.


PTI
New Delhi, August 8, 2018
Bhushan Power and Steel owes about Rs 45,000 crore to its lenders and it was among the 12 non-performing accounts referred by the Reserve Bank of India for insolvency proceedings in June last year.


BusinessToday.In
August 8, 2018
The International Monetary Fund (IMF) believes the $2.6 trillion Indian economy is an elephant that is starting to run.


BusinessToday.In
New Delhi, August 7, 2018
The Tribunal pushed back the deadline to August 13 on the plea of Tata Steel, which had been declared the highest bidder in July - for the second time


PTI
August 7, 2018
Indian banks reported a total loss of about Rs 70,000 crore due to frauds during the last three fiscals up to March 2018.


Goutam Das
New Delhi, August 6, 2018
Green shoots emerge for residential real estate, but it isn't out of the woods.


Anand Adhikari
New Delhi, August 6, 2018
The government has given signal to banks to try out yet another resolution approach, including AMC-AIF, for dealing with growing stressed assets. Will it work?


Anand Adhikari
New Delhi, August 6, 2018
It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the act.


Dipak Mondal
New Delhi, August 6, 2018
The Insolvency and Bankruptcy Code can lead to huge job losses in the short to medium term as many companies, including some big names, face liquidation.


Prosenjit Datta
New Delhi, August 6, 2018
The bad loan problem for Indian banks has defied solutions despite multiple efforts by the government and the Reserve Bank of India (RBI) over the years.


Ramesh Nair
New Delhi, August 6, 2018
RERA implementation should be taken up swiftly across all states as slow execution defeats its broad purpose of helping homebuyers.


BusinessToday.In
August 3, 2018
The court asked RCom to pay Rs 550 crore to Ericsson by October 1. It also directed Anil Ambani to give an undertaking to pay the amount to Ericsson.


Joe C Mathew
August 1, 2018
Finance Ministry has said that the powers of RBI are wide-ranging and comprehensive to deal with various situations that may emerge in all banks, irrespective of ownership i.e. the public sector and the private sector owned banks.


BusinessToday.In
August 1, 2018
The bill - Insolvency and Bankruptcy Code (Second Amendment) Bill 2018 - aims at giving relief to the homebuyers by recognising them as financial creditors, a status that will make them an integral part of  Committee of Creditors while dealing with bankruptcy cases.


BusinessToday.In
July 30, 2018
Earlier this month, Amrapali Group told the Supreme Court that it has given a proposal to the central government for construction of its unsold and future projects by NBCC.


Joe C Mathew
New Delhi, July 27, 2018
The introduction of the GST and enactment of Insolvency and Bankruptcy Code are considered to be the two key parameters where India made significant progress during 2017/18, say commerce ministry officials.


BusinessToday.In
New Delhi, July 25, 2018
A Boston Consulting Group report reveals that economies like US, UK, Singapore, Hong Kong, Germany and Japan have a recovery rate of 80% and a resolution time frame of under one-and-half years. India has posted a sub-par recovery rate of 26.4% and an average resolution time of 4.3 years.


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