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Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
Amendments to competition law likely in Budget session
A bill to amend the competition law was introduced in Parliament on August 5 last year and was late…
PTI
No fresh IBC proceedings till December, says Centre
In a gazette notification, the Ministry of Corporate Affairs (MCA) said that the suspension on o…
EXCLUSIVE: New amendment to bankruptcy law has Prashant Ruia’s personal guarantee on its radar
India’s Finance Ministry is sitting on a new amendment to the bankruptcy law. That might be a big…
Lok Sabha passes Insolvency and Bankruptcy Code (2nd
The amendments in the law seek to remove bottlenecks andstreamline the corporate insolvency resolut…
PTI
India is tweaking its bankruptcy law to prevent successful bidders from backing out
A new policy involving a “security deposit” of sorts will likely be implemented. This will req…
India badly needs bankruptcy experts — and this course could be your ticket to a hot, new career
India has a huge, emerging sector for helping distressed and bankrupt companies come out of financi…
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
NCLAT judge recuses from hearing Raveendran's plea against insolvency proceedings of Byju
Raveendran had filed a petition challenging the initiation of insolvency proceedings against Think …
PTI
India's real estate rises to Transparent Tier in global rankings; Improvement to help attract major investments
India's real estate sector ranking has improved to the transparent tier in the Global Real Estate T…
ANI
Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts
According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…
PTI
Stable, strong financial system to act as bedrock for economic progress: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the endeavour of the central bank would be to …
PTI
Blackstone to invest $2 bn every year in India; wants quicker M&A clearances
Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…
PTI
Real estate sector weighs on IBC but accounts for 18% of total realisations
The real estate sector has accounted for a significant portion of the total realisations under the …
Byju's aims to raise $200 mn via rights issue at drastic valuation cut
Think and Learn Private Limited (TLPL), the parent company of Byju's, on Monday announced to raise …
NCLT reserves order on Go First's plea for insolvency resolution proceedings
The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go Fi…
PTI
NCLT approves ₹1,814 crore resolution plan for Lavasa: Darwin Platform winning bidder
In a 25-page order passed on Friday, the tribunal cleared the resolution plan at an investment o…
PTI
Airfares likely to rise as Go First cancellations reduce capacity says travel agents body
No-frills carrier Go First filing for insolvency proceedings and cancelling flights is bad for the …
PTI
Betting on banking and healthcare sectors for steady growth, says Chintan Haria of ICICI Prudential
The investment climate has toughened in the last few weeks, with Israel-Hamas conflict adding to to…