Search Results for: bankruptcy

Narendra Modi Modi government modi completes two years in office

100-150 cases likely to reopen on new insolvency ordinance : Report

The biggest impact will be on the firms that are ready with the resolution plan and are just waiting for a nod from the National Company Law Tribunal.

Nov 25, 2017

Boeing 747s sold on Alibaba auction site in China and one more is up for grabs

China's largest private courier, SF Airlines, purchased the two Boeing 747 aircraft for $49 million.

Nov 23, 2017

Cabinet approves ordinance for amendments of insolvency and bankruptcy code

Earlier the finance ministry notified banks to prevent willful defaulters from participating in bidding any stress assets called for insolvency proceedings.

Nov 22, 2017

RBI sets March deadline for banks to provision against second list of bad loans

According to rules, banks need to do 50 percent provisioning against secured loans it has provided and 100 percent when it comes to unsecured exposures.

Nov 21, 2017

More trouble brewing? Aircel defaults on debt repayment amid reports of possible shutdown

Aircel has been failing to meet its loan repayment deadlines, due to which its account has been tagged as SMA1 (payment overdue between 31-60 days) by the State Bank of India and other lenders.

Nov 17, 2017

Moody's upgrade in India ratings shows growth story: NITI Aayog

Other global rating agencies like Standard and Poor's Financial Services (S&P) and Fitch Ratings to follow Moody's.

Nov 17, 2017

Moody's raises India's bond rating; sees reforms fostering growth

Indian markets are poised for a big rally on Friday following Moody's unexpected rating upgrade, traders said.

Nov 17, 2017

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RBI may release another list of 50 loan defaulters

March 31 may be the deadline given to commercial banks to find a solution or initiate bankruptcy proceedings against borrowers.

Nov 17, 2017

Aircel may have to shut down after merger talks with Reliance Communications fail to yield results

Aircel may also now have to shut down its business, as a court order has prevented it from selling its 2G and 3G spectrum. The mobile operator does not own a 4G spectrum.

Nov 7, 2017

Aim to make India poverty-free by 2022: Niti Aayog

Rajiv Kumar, the newly-appointed vice-chairman of Niti Aayog, projected that India will be among the top three developed economies of the world if it continues to grow at 8 percent till 2047.

Nov 4, 2017

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PM Modi to Congress: India would have ranked 100 earlier if right disciplines were followed

If there had been certain disciplines under the previous government like the insolvency code, bankruptcy code or commercial code, the Congress would have enjoyed the celebration of India's 100 position, he said.

Nov 4, 2017

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ICICI Bank Q2 net profit belies estimates, falls 34% to Rs 2,058 crore

The bank missed analysts' estimates as its standalone net profit dropped to Rs 2,058 crore in the quarter September from Rs 3,102 crore in the same quarter last year.

Oct 27, 2017

Harvey Weinstein scandal: 2 more women allege sexual assault by movie mogul. Will the list ever end?

The list of women pressing charges against Harvey Weinstein keeps increasing even as his company suffers.

Oct 25, 2017

Insolvency: Jaypee Infra wants to sell Yamuna Expressway for Rs 2,500 crore

As of 31 March 2017, consolidated debt of the company stood at Rs 7,922 crore with a negative interest coverage ratio.

Oct 13, 2017

You can always go home: Reliance Communications to re-absorb 4,000 staffers after Ericsson deal debacle

RCom and Ericsson decided to sever ties over non-payment of dues to the latter, amounting to approximately Rs 1,150 crore and now 4,000 employees are set to rejoin Reliance Communications.

Oct 11, 2017

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Search Results for: bankruptcy

100-150 cases likely to reopen on new insolvency ordinance : Report

Boeing 747s sold on Alibaba auction site in China and one more is up for grabs

Cabinet approves ordinance for amendments of insolvency and bankruptcy code

RBI sets March deadline for banks to provision against second list of bad loans

More trouble brewing? Aircel defaults on debt repayment amid reports of possible shutdown

Moody's upgrade in India ratings shows growth story: NITI Aayog

Moody's raises India's bond rating; sees reforms fostering growth

RBI may release another list of 50 loan defaulters

Aircel may have to shut down after merger talks with Reliance Communications fail to yield results

Aim to make India poverty-free by 2022: Niti Aayog

PM Modi to Congress: India would have ranked 100 earlier if right disciplines were followed

ICICI Bank Q2 net profit belies estimates, falls 34% to Rs 2,058 crore

Harvey Weinstein scandal: 2 more women allege sexual assault by movie mogul. Will the list ever end?

Insolvency: Jaypee Infra wants to sell Yamuna Expressway for Rs 2,500 crore

You can always go home: Reliance Communications to re-absorb 4,000 staffers after Ericsson deal debacle

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]