26 chartered accountants associated with such shell companies have also been identified
Vikram Bakshi says the 169 stores will remain open, McDonald's says it will take steps to enforce termination.
Since the inception of the code, the threat of insolvency has brought many debtors in line
'A 180-days period -- for insolvency resolution -- is aggressive, but by no means inadequate.'
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
Once the bankruptcy provisions are notified, these proprietary firms will benefit, as Insolvency and Bankruptcy Board plans to consider them as individuals
Deposit amount can equal investor's stake, won't impact his holding as it is a loan
The Pradhan Mantri Jan Aushadhi Yojana or PMJAY has not been a runaway success by any yardstick. Not all stores are running, and many are poorly stocked.
According to BJP strategists, PMJAY and the PM Ujjwala Yojana will form the nucleus of the Modi government's re-election campaign.
NPPA's decision would also benefit domestic stent makers.
They play a key role in managing rescue and liquidation processes envisaged under the Code
The regulator is now probing 24 hospitals, including Max Hospital in New Delhi and Lilavati in Mumbai, for allegedly overcharging patients for stents
The National Pharmaceutical Pricing Authority has decided to have one price for basic utility condoms and the other for pleasure condoms.
MicroPort entered the market on Feb 15 and its stent was used in a Mumbai hospital.
Aneesh Phadnis and Veena Mani find out what the manufacturers and the hospitals have to say.
Netmed plans to procure from drug manufacturers and sell to pharmacies it has tie-ups with, and to spread its network to all tier-II and tier-III cities.
Sale of antibiotics is under the scanner. Government to go tough on misuse of these drugs.
First case filed after new norms come into force, NCLT admits plea.
Delhi-based Nilesh Sharma, among the first IPs, said while the framework is in the initial stage and might have teething trouble, the opportunity is immense in the long run.
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