Search For "bankrupt"
Increasing FDI inflow testament to global confidence in Indian economy: Ja
Updated : 8 years, 7 months ago IST
Washington D.C. [USA], Oct. 13 (ANI): Union Finance Minister Arun Jaitley has stated that the Foreign Direct Investment (FDI) flows to India have increased in 2016-17, over that in 2015-16, indicating improve in the global confidence of the economy.
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Congress corners PM Modi, says Diwali is more like 'Diwala' this year
Updated : 8 years, 7 months ago IST
New Delhi [India], October 8 (ANI): The Congress on Sunday mocked Prime Minister Narendra Modi's statement of 'Diwali coming early' after the decisions taken by the Goods and Service Tax (GST) Council, stating that Diwali is more like a 'Diwala' (bankruptcy) this year for the people of th
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As per changing laws, ICSI should modify courses: MoS Law Chaudhary
Updated : 8 years, 7 months ago IST
New Delhi [India], October 4 (ANI): Union Minister of State (MoS) for Law and Justice P P Chaudhary on Wednesday suggested that as per changing laws and codes, the Institute of Company Secretaries of India (ICSI) should modify its courses.
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RBI advises banks to allocate higher provisioning for 12 stressed accounts
Updated : 8 years, 9 months ago IST
New Delhi [India], June 27 (ANI): The Reserve Bank of India (RBI) on Tuesday issued an advisory letter to banks asking them to incorporate additional provisioning on the 12 loan accounts to be referred to the NCLT (National Company Law Tribunal) under the Insolvency and Bankruptcy Code (IBC)
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IBBI notifies fast track Insolvency Resolution Process for Corporate Perso
Updated : 8 years, 9 months ago IST
New Delhi [India], June 16 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) on Friday notified the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017.
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China promoted OBOR is a debt instrument only, claim European experts
Updated : 8 years, 9 months ago IST
Brussels (Belgium) [Europe], June 12 (ANI): European economists and experts have concluded that the China-promoted One Belt and Road (OBOR) initiative is nothing else but a debt instrument that can and will drive several nations, including Pakistan towards bankruptcy.
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Pak Govt. seeks support to shut down PIA
Updated : 8 years, 9 months ago IST
Islamabad [Pakistan], May 19 (ANI)): The Pakistan Government is seeking support from lawmakers across party lines to shut down the loss-making Pakistan International Airlines (PIA) by declaring it 'bankrupt'.
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Centre notifies new Banking Regulation Act
Updated : 8 years, 9 months ago IST
New Delhi [India], May 5 (ANI): The Narendra Modi-led government on Friday notified the ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India (RBI) and banks to initiate bankruptcy proceedings against chronic defaulters.
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So, how do financial criminals evade laws?
Updated : 8 years, 9 months ago IST
Washington D.C. [USA], Mar. 13 (ANI): Despite preventative measures against bankruptcy fraud and money laundering, criminals are finding ways to exploit differing regulations in the United States and Europe.
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Insolvency, Bankruptcy Board invites comments from public for Liquidation
Updated : 8 years, 9 months ago IST
New Delhi [India], Feb 15 (ANI): The Ministry of Corporate Affairs on Wednesday announced the set-up of four working groups to facilitate implementation of the Insolvency and Bankruptcy Code, 2016.
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GST, demonetisation to have far reaching impact, says RBI governor
Updated : 8 years, 9 months ago IST
New Delhi [India], Jan 1 (ANI): The Reserve Bank of India (RBI) governor Urjit Patel has said that the nationwide Goods and Services Tax (GST) and legislation of bankruptcy code should impart resilience to the economy.
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Chidambaram's argument shows total bankruptcy of Congress thinking: B
Updated : 8 years, 9 months ago IST
Kolkata (West Bengal) [India], Dec. 20 (ANI): The Bharatiya Janata Party (BJP) on Tuesday alleged former finance minister P. Chidambaram's assertion that the Reserve Bank of India (RBI) keeps making new rules on deposits post demonetisation and Finance Minister Arun Jaitley contradicts
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