IBC's objective not to emphasise on liquidation: NCLT

Kumar said the objective of the Insolvency and Bankruptcy Code (IBC) is to find appropriate solution for stressed assets and liquidation would be the last resort.

Sebi eases 'scheme of arrangement' rules for listed cos

Jan 03 2018

The regulator said that the promoter's shares locked-in can now be transferred 'inter-se' among promoters.

No plans to waive corporate loans, says Shiv Pratap Shukla

Dec 29 2017

The government said it has no plans to waive corporate loan and banks are advised to resolve stressed accounts speedily or start insolvency proceedings case by case.

McDonald's follows different food standards for India: Bakshi

Dec 28 2017

McDonald's estranged partner Vikram Bakshi hit out at the fast food major, saying it follows "different standards" for India compared to other countries.

Telecom a money guzzler, even Tatas had to gift it away: Ambani

Dec 26 2017

Anil Ambani said telecom has become a money guzzler where only those with deep pockets can survive.

RCom announces debt revival plan, ropes in new investor

Dec 26 2017

Rcom announced yet another debt revival plan claiming full debt resolution by Mar but without involving any conversion of debt into equity and exiting the SDR framework.

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