Search For "bankrupt"
String Metaverse (Bio Green Papers, BSE: 534535) Reports Q1 FY25: Rs 50.02
Updated : 1 year, 9 months ago IST
New Delhi [India], August 16: String Metaverse LTD, following its merger with Bio Green Papers Limited (BSE: 534535) as approved by the Honourable National Company Law Tribunal (NCLT) under the scheme of arrangement of the Insolvency and Bankruptcy Code (IBC), has reported robust financial r
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EV unit of China's Evergrande Group struggles with bankruptcy
Updated : 1 year, 9 months ago IST
The China Evergrande New Energy Vehicle Group (CENEVG), an electric vehicle production of Chinese Evergrande Group revealed that previously they had initiated talks with potential buyers, however, are now struggling with bankruptcy proceedings, Nikkei Asia reported.
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Resolutions under IBC up by a record 42 pc in FY 2024; real estate and man
Updated : 1 year, 9 months ago IST
The Insolvency and Bankruptcy Code (IBC) recorded the highest-ever number of resolutions in fiscal 2024. In the year 269 cases received approval from the National Company Law Tribunal (NCLT) for resolution plans.
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Strengthening of debt recovery Tribunal and establishment of Addl Tribunal
Updated : 1 year, 10 months ago IST
The Finance Minister proposed that an Integrated Technology Platform be set up to improve outcomes under the Insolvency and Bankruptcy Code (IBC), thereby ensuring consistency, transparency, timely processing, and better oversight for all stakeholders.
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Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on
Updated : 1 year, 10 months ago IST
The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code; GST; and platform business models, among others.
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Insolvency and Bankruptcy Code helped banks to recover from NPA: Nirmala S
Updated : 1 year, 12 months ago IST
Citing the success of the IBC, she mentioned that World Bank, in its 2019 report, noted that India's 2016 insolvency regime reform increased creditor recovery rates from 26.5 to 71.6 cents on the dollar, making India 'by far the best performer in South Asia' and surpassing even the averag
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"Slip of tongue": Congress' Pawan Khera on Mani Shankar Aiyar's 'controver
Updated : 1 year, 12 months ago IST
"This is not a big issue. It was a slip of tongue and he has apologised. The Bharatiya Janata Party is continuously bringing up this issue after that. This shows their bankruptcy," Khera said speaking to ANI on Wednesday.
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"PM Modi, BJP bankrupt of ideas": RJD MP Manoj Jha
Updated : 2 years ago IST
In a scathing attack on the BJP and Prime Minister Narendra Modi, RJD MP Manoj Jha on Sunday said they were 'bankrupt' of ideas.
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Country will become "bankrupt" if Congress' "Maoist" manifesto is implemen
Updated : 2 years ago IST
"On one hand, Modi has a report card of 10 years and a roadmap for the next 25 years. On the other hand, you have INDI Alliance: Where there are as many parties that many promises, as many PM candidates as many parties," PM Modi said.
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With clean balance-sheet Indian Banking sector has enough opportunity for
Updated : 2 years ago IST
India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for Financing Infrastructure & Development in an exclusive conversation with ANI.
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"Can't move forward with bankrupt ideas": BJP's Prakash Javadekar slams Co
Updated : 2 years ago IST
BJP leader Prakash Javadekar lashed out a the Congress, stating that the party can't move forward with its "bankrupt ideas" and will suffer badly in the elections.
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"INDI alliance leaders lost their intelligence, wisdom": Ex MP CM Chouhan
Updated : 2 years ago IST
Reacting to the remark, Chouhan said, "The leaders of the INDI alliance are victims of intellectual bankruptcy. They have lost their intelligence and wisdom. Mani Shankar ji, this is not the loose government of UPA. Today, the Prime Minister of India is one who has a 56-inch chest (Narend
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