Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.
The elections held in April-May 2019 will be an important determinant of future growth and investment.
With just 11.8 per cent, the nation lags behind its neighbours and peers when it comes to women's representation in national legislatures.
A page called 'My First Vote For Modi' accounts for the largest number of ads by number (2,765). Another one called 'Bharat Ke Mann Ki Baat' was second (2,429). 'Namo Supporters' was third with 2,153 ads, reports Sachin P Mampatta.
Schuldschein is an alternative way to raise funds instead of loans or bonds and deals can run from $12 million to more than $1.13 billion. These instruments include tranches of different maturities and currencies and investors are spread across the world.
The voting rights with the promoter will ensure the interests of the promoter family as well as minority shareholders are protected in future, said corporate governance advocates and corporate lawyers.
The revised offer will mean the lenders will have to write off 60 per cent of their dues.
A combination of fewer listings and falling 'average daily traded value' contributed to the drag in Q3.
The country has been facing an ever-rising fiscal deficit, increasing debt and a hamstrung economy.
'When I came here in 2002, I said you can grow at 8%.' 'And I was told that was crazy, and (now) here we are.'
In a meeting on Thursday evening, the RCom management, led by CEO Punit Garg, requested the bank representatives to release Rs 260 crore it received as I-T refund so that it could repay the dues to Ericsson.
While RCom owes Indian banks close to Rs 45,000 crore, Ambani has lost close to $408 million of personal wealth year-to-date until Tuesday.
Twenty-three of the 31 stocks in his publicly disclosed portfolio consist small-cap stocks. jhunjhunwala's portfolio rose 15.2% in Q3.
Nine lenders have exposure to the promoter entities and had taken listed operating companies' shares as collateral from the promoter companies.
'NRI interest has gone up in the past three-four years.'
The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.
'If she contests it, then these people will have to fight it in court.'
'Rather than abolishing stamp duty as STT is already levied on all transactions, the government has de-facto imposed a state STT in the guise of stamp duty'
A corporate lawyer said that this is the biggest failure of corporate governance in this country. He pointed out that American investors can even take the bank to court for giving false statements to stock exchanges and even file class action suits. Some even questioned how RBI overlooked Kochhar's misdeed.
'People always short-change the resilience of the economy.'
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