The code says the process is intended to balance the interests of all stakeholders and the resolution plan is also required to make a statement as to how it has dealt with these interests.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
Companies announce Rs 768 bn worth investments in Dec quarter versus Rs 1.15 trn in Sep quarter
CEOs expect populist measures in the Budget, to help the poor and marginalised, who make up for the largest section of voters.
It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
Whether it's about colonising Mars or donning Net-connected apparel, 2022 is a year everyone seems to be planning for, says Nivedita Mookerji.
China Development Bank takes Reliance Communications to NCLT over loan default
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
Prime Minister Narendra Modi will inaugurate the Global Entrepreneurship Summit and launch Hyderabad Metro Rail next week.
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
The corporate sector took production cuts, conducted inventory management and reduced staff to meet challenges following the govt's note ban decision
Bidders have to deposit a security fee of Rs 25 crore as well as minimum guarantee fee.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.
The theme of the reshuffle is to fulfill Modi's earlier promise of 'maximum governance, minimum government.' Some key ministries are likely to be merged.
Corporates understand that the PMO drives all key decisions in this government.
'Today, moviegoers are in the 13 to 33 age bracket.' 'If people like us have to remain relevant, we have to make movies that cater to them,'
A mega Diaspora event with an attendance of around 7,000 people is being planned.
As the PM completes three years in power, figures show that the spending on foreign travel has reduced as compared to his predecessors -- Manmohan Singh and Atal Bihari Vajpayee.
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