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So you think politics in India is complicated? Go to Sri Lanka!

Sri Lanka's President Mithripala Sirisena addresses the nation at his party's office in Colombo. Photographs: Dinuka Liyanawatte/Reuters The country has a fiendishly complicated electoral system......

Pak all set to lose another PM in clash with judiciary

Political observers see in the continuing executive and parliament versus judiciary clash in Pakistanall the necessary conditions for a derailment of the democratic dispensation once again, reports......

Pak all set to lose another PM in clash with judiciary

Praful Bidwai: Indo-Pak ties hit new low

The physical intimidation and harassment of top-level Indian and Pakistani diplomats and the tit-for-tat expulsions of four high commission staff by each of them mark a historic, abysmal, low in......

IBC: A game changer

'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there......

Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore

Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore. Illustration: Uttam Ghosh/Rediff.com Creditors to Dewan Housing Finance......

Jet Airways' creditors decide to seek fresh bids

Synergy Group, the sole potential bidder for Jet Airways, had sought more time to take a decision on investing in the grounded airline. The creditors of shuttered Jet Airways have decided to seek......

What next for Anil Ambani?

Resignations of Anil Ambani and four other directors were conveyed to the CoC of RCom in its meeting on November 20 and were unanimously rejected. The Committee of Creditors (CoC) of Reliance......

Anil Ambani resigns as RCom chairman

The development comes a day after RCom posted a consolidated loss of Rs 30,142 crore for July-September 2019 due to provisioning for liabilities after the Supreme Court ruling on statutory dues.......

Shorts: Tokyo finishes building stadium for 2020

Summary of sports events and persons who made news on Tuesday Construction work has been completed at Tokyo's National Stadium, set to be the centrepiece of next year's Olympic Games, the site's......

Sports Shorts: Boxers Panghal, Kaushik felicitated

IMAGE: Union Sports Minister Kiren Rijiju presents cheques to boxers Amit Phogal and Manish Kaushik on Monday, for winning silver and bronze medals, respectively at the World Boxing Championship......

Sports Shorts: Tokyo Olympics medal hopeful Ikee diagnosed with leukemia

Summary of sports events and persons who made news on Tuesday IMAGE: Japanese swimmer Rikako Ikee became the first female athlete to be named the Most Valuable Player (MVP) at an Asian Games.......

Russia says coach mistreated by Canadian, fears Games prejudice

A team of neutral athletes from Russia has complained of "negative treatment" at the Pyeongchang Olympics by a Canadian team member, eliciting a puzzled Canadian apology on Wednesday and......

Canada Olympics caught in sex harassment scandal

IMAGE: The Olympic rings seen displayed outside the headquarters for the Canadian Olympic Committee (COC) in Montreal. Christinne Muschi/Reuters The Canadian Olympic Committee apologised to its......

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NHPC's Rs 165-crore bid for Jal Power's 120 MW Rangit project gets lenders' nod

New Delhi: State-run hydro power giant NHPC has emerged as the successful bidder for insolvency-bound Jal Power Corporation's 120MW Rangit project... ...

https://economictimes.indiatimes.com/industry/energy/power/nhpcs-rs-165-crore-bid-for-jal-powers-120-mw-rangit-project-gets-lenders-nod/articleshow/73590834.cms

Creditors raise objections, block resolution of 5 IL&FS road assets

An affidavit by the board said that “of the five ITNL sale SPVs, voting had commenced for four SPVs. On account of concerns raised by the... ...

https://economictimes.indiatimes.com/news/economy/infrastructure/creditors-raise-objections-block-resolution-of-5-ilfs-road-assets/articleshow/73285999.cms

A game changer

'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened... ...

http://www.rediff.com/money/column/ibc-a-game-changer/20200115.htm

ICICI Securities warns that Jio will be hurt if it does not bag RCom’s spectrum

The brokerage firm’s warning comes on the back of asset reconstruction company UVARCL being selected by RCom’s committee of creditors (CoC) as... ...

https://economictimes.indiatimes.com/industry/telecom/telecom-news/icici-securities-warns-that-jio-will-be-hurt-if-it-does-not-bag-rcoms-spectrum/articleshow/73270825.cms

Jet Airways bid | Receives 2nd EoI days ahead of January 15 deadline, co expects more

NCLT has warned Jet CoC of contempt proceedings if it does not release interim funds to the resolution professional by January 20 ...

https://www.moneycontrol.com/news/business/jet-airways-bid-|-receives-2nd-eoi-days-aheadjanuary-15-deadline-co-expects-more_13341601.html

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