New Delhi [India], Nov 24 (ANI): Ministry of Corporate Affairs (MCA) Secretary Injeti Srinivas said that the Insolvency and Bankruptcy Code (IBC) has an impact of around Rs 3 lakh crore on non-performing assets (NPAs).
New Delhi [India], Oct 10 (ANI): The Union Cabinet on Wednesday approved the closure of the loss incurring Central Public Sector Enterprises (CPSEs), National Jute Manufactures Corporation Limited (NJMC) and its subsidiary Birds Jute and Exports Limited (BJEL).
New Delhi [India], Sept.21 (ANI): The Union Cabinet has approved a proposal of the Department of Heavy Industry for enabling M/s Richardson and Cruddas Limited, a Central Public Sector Enterprise, to come out of purview of Board for Industrial and Financial Reconstruction (BIFR).