Search For "bankrupt"
CRISIL outlook on PSBs revised to 'stable' from 'negative'
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 27 (ANI): The economic outlook of the Indian public sector banks (PSBs) was revised from 'negative' to 'outlook' by credit rating body CRISIL.
Read More
India's GDP to grow at 7.1% in 2018-19: India Ratings
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 19 (ANI): The Indian economy is expected to achieve 7.1 percent growth rate in the next fiscal, according to credit-rating body India Ratings.
Read More
Govt relaxes provisions for levying Minimum Alternate Tax
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 6 (ANI): In a bid to minimise the hardship faced by companies against whom an application for corporate insolvency resolution process has been admitted under the Insolvency and Bankruptcy Code, 2016, the Centre on Saturday announced a relaxation in the provisions relat
Read More
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill
Updated : 8 years, 5 months ago IST
New Delhi [India], Dec 29 (ANI): The Lok Sabha on Friday passed the Insolvency and Bankruptcy Code (Amendment) Bill 2017. The new amendments are part of the ordinance that was brought in earlier last month.
Read More
IBBI grants recognition to two registered valuers organizations
Updated : 8 years, 5 months ago IST
New Delhi [India], Dec 28 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) recognised two registered valuers organisations, said the Ministry of Corporate Affairs on Thursday.
Read More
IBBI's latest regulation enforces for greater grievance redressal
Updated : 8 years, 5 months ago IST
New Delhi [India], Dec 10 (ANI): The Insolvency and Bankruptcy Board of India (IBBI), in its recent notification, have called for greater grievance redressal through regulations which enable a stakeholder to file a grievance or a complaint against a service provider.
Read More
S&P retains BBB- rating on India; keeps outlook stable
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 24 (ANI): Financial services company Standard & Poor's (S&P) on Friday retained its outlook on India as stable, and kept the rating unchanged at BBB-.
Read More
President Kovind approves Insolvency and Bankruptcy Code amendment ordinan
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 23 (ANI): President Ram Nath Kovind on Thursday gave his consent to the ordinance for amendments to be made under the Insolvency and Bankruptcy Code, 2016.
Read More
Cabinet approves ordinance to introduce changes to IBC
Updated : 8 years, 6 months ago IST
New Delhi [India], November 22 (ANI): The Union Cabinet on Wednesday approved an ordinance to introduce certain changes to the Insolvency and Bankruptcy Code (IBC).
Read More
Jaitley bats for 'responsive and responsible banking'
Updated : 8 years, 6 months ago IST
Gurugram (Haryana) [India], November 12 (ANI): Union Finance Minister Arun Jaitley, in the wake of the investments made towards strengthening the banking system, on Sunday said that responsive and responsible banking must be encouraged to rejuvenate the system.
Read More
IBBI strengthens norms for resolution plan approval
Updated : 8 years, 6 months ago IST
New Delhi [India], November 7 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) on Tuesday amended its corporate insolvency resolution process regulations to ensure that as part of due diligence prior to approval of a resolution plan, the antecedents, credit worthiness and credibili
Read More
Union Min. Giriraj Singh says Congress 'bankrupted' the nation
Updated : 8 years, 7 months ago IST
New Delhi [India], October 26 (ANI): Union Minister Giriraj Singh on Thursday said the Congress bankrupted the whole country during its tenure, and branded the party as "debtor".
Read More