Search For "bankrupt"
Punjab CM urges Centre to reconsider decision on full wages to workers ami
Updated : 6 years, 1 month ago IST
Chandigarh (Punjab) [India], April 14 (ANI): Punjab Chief Minister Captain Amarinder Singh on Tuesday urged the Centre to reconsider its directives asking industries, shops and commercial establishments to continue paying full wages to their workers during COVID-19 lockdown as this may push
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Goa CM should release white paper on financial status of state: Congress
Updated : 6 years, 1 month ago IST
Margao (Goa) [India], April 9 (ANI): Congress leader Girish Chodankar on Thursday alleged that Goa has been pushed into bankruptcy by the BJP government and said that Chief Minister Pramod Sawant should release a white paper on the financial status of the State immediately.
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IBBI amends CIRP regulations to provide relief amid lockdown
Updated : 6 years, 1 month ago IST
New Delhi [India], Mar 31 (ANI): To address the difficulty faced by the lockdown due to COVID-19, the Insolvency and Bankruptcy Board of India (IBBI) amended the Corporate Insolvency Resolution Process (CIRP) regulations to provide relief in the corporate insolvency resolution process.
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Airbus halts production in France, Spain as COVID-19 related measures are
Updated : 6 years, 2 months ago IST
Amsterdam [The Netherlands], Mar 17 (ANI): Planemaker Airbus said on Tuesday it has decided to temporarily pause production and assembly activities at its French and Spanish sites for the next four days after implementation of new measures to contain the COVID-19 pandemic.
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COVID-19: Most airlines face bankruptcy by May, govt action needed to avoi
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 17 (ANI): As coronavirus spreads across the globe, a report by CAPA--Centre for Aviation has claimed that by the end of May-2020 most airlines in the world will be bankrupt amid the current COVID-19 scare.
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BJP issues whip to its RS MPs, asks them to be present on Thursday
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 11 (ANI): The Bharatiya Janata Party (BJP) on Wednesday issued a whip to its Rajya Sabha MPs to be present in House on March 12.
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Both Houses of Parliament adjourned amid uproar by Opposition
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 11 (ANI): Both Lok Sabha and Rajya Sabha were adjourned on Wednesday till 12.30 pm and 2 pm respectively after an uproar by the Opposition.
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76 steps taken to ensure wealth creators treated with respect, says Sithar
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 6 (ANI): Union Finance Minister Nirmala Sitharaman on Friday said that the government has taken 76 steps to remove 65 sections of criminalities in Companies Act so as to ensure our commitment that wealth creators of this country-Big, Small and large companies will b
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Lok Sabha adjourned till March 11, two bills to replace ordinances passed
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 6 (ANI): Lok Sabha was on Friday adjourned till March 11 after two bills that will replace ordinances were passed amid din in the House.
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IBC has changed the culture; earlier regime was favorable to defaulting in
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 6 (ANI): Justice NV Ramana, a judge in the Supreme Court, on Friday said that the Insolvency and Bankruptcy Code, 2016 has changed the culture in the country adding that the earlier regime was more favourable to defaulting industrialists.
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Sitharaman to move Insolvency and Bankruptcy Code (Second Amendment) Bill,
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 6 (ANI): Union Finance Minister Nirmala Sitharaman on Friday will move the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 for consideration and passing in Lok Sabha.
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Debt-ridden DHFL posts Q3 net profit at Rs 934 crore
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 20 (ANI): Debt-ridden mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) on Thursday reported a standalone net profit of Rs 934 crore in the third quarter of current financial year as against a loss of Rs 6,705 crore in the same period of previous
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