From almost 60 per cent as of December 2019, the share of liquidations in the mode of closure of total Insolvency and Bankruptcy Code (IBC) cases came down to 44 per cent till September 2023, data by the Insolvency and Bankruptcy Board of India (IBBI) shows. Experts say the decreasing trend in liquidations under the IBC in India can be largely attributed to the initial economic conditions of companies entering the Corporate Insolvency Resolution Process (CIRP). IBC experts also say the trend shows a certain stabilisation in IBC with the Code now rid of legacy bankruptcy issues.
A Mahapanchayat was convened on June 1, 2023 by Bharatiya Kisan Union President Naresh Tikait in support of the wrestlers demanding Wrestling Federation of India President and Bharatiya Janata Party MP Brij Bhushan Sharan Singh's arrest.
An infusion of capital would come as a much-needed relief for the bank, with its capital adequacy ratio barely above the regulatory requirements, as of June disclosures.
With uncertainty hovering over India's participation in next month's Artistic Gymnastic World Championship, top gymnasts Rakesh Patra and Dipa Karmakar feel not taking part in the competition will affect their preparations for the Tokyo Olympics.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
'Priyanka has done very well in Bollywood and Hollywood. But had she joined politics, it might have been a different story altogether. Given how ambitious she was, she would have made a good youth leader. She might even have launched her own party,' says Sathya Saran
Tikait told reporters that there was "pressure" from government to minimise the reach of farmers.
A Judicial member of the appellate tribunal NCLAT has recused himself from hearing a petition filed by tech giant Google, appealing against Rs 936.44 crore penalty imposed by competition watchdog CCI for abusing its dominant position with respect to Play Store policies. On Monday, NCLAT bench Justice Rakesh Kumar and Alok Srivastava ordered Google's appeal to be listed before another bench of which Justice Rakesh Kumar is not a party. It has asked the registry of the National Company Law Appellate Tribunal (NCLAT) to place it before the chairman of the appellate tribunal for this.
The market is abuzz about how the fabled investor got it wrong.
The incident took place in Lateri town, located 90 km from the district headquarters, on Sunday following which the victim's family and other locals staged a protest till late night.
The film maker tells Firdaus Ashraf the reason why he didn't direct his son in the movie.
Deposing before a magistrate, Roshan, however, supported the prosecution's case and said Salem's henchmen attacked him after he refused to pay them extortion money.
The Street is talking about the New Rakesh Jhunjhunwala who has invested heavily in a particular stock.
Wiping out revenue deficit by 2008-09 will be a tough order while continuing forex inflows could create macro-economic problems
While many are sweating in the current environment, Rakesh Jhunjhunwala's portfolio has done well and seen new additions.
The bodies of Rakesh Kamal, 57, his wife, Teena, 54, and their 18-year-old daughter, Ariana, were found in their Dover mansion at about 7:30 p.m. Thursday, Norfolk District Attorney (DA) Michael Morrissey said.
The Supreme Court on Tuesday reserved its verdict on a batch of pleas challenging the abrogation of Article 370 of the Constitution which bestowed special status on the erstwhile state of Jammu and Kashmir.
Bajaj Auto, the king of the market for CNG-powered passenger three-wheelers, now wants to replicate this dominance in two-wheelers. The difference is that while the former is zooming - registrations for CNG-powered passenger three-wheelers nearly doubled during January-December 2023 - the latter, meaning a market for CNG-powered two-wheelers, does not exist.
After they got a box office thumbs up, Producer Dinesh Vijan and Director Laxman Utekar threw a success bash for their cast and friends from the film fraternity.
On Hema Malini's 75th birthday, the star and her daughters -- Esha and Ahana Deol -- hosted a birthday bash in Mumbai, and invited friends from the industry for a musical night.
BKU leader Rakesh Tikait said they planned to meet President Droupadi Murmu and will hold another mahapanchayat in Haryana's Kurukshetra on Friday to discuss the next steps in the agitation.
'Life will test you but if you have resilience and fortitude, the crown will be yours forever,' says Miss World Yukta Mookhey.
Many exit polls have kept the incumbent Bharatiya Janata party ahead of the Congress in what was a straight contest between two main parties. Assembly polls were held in the state in a single phase on November 17.
Several sitting MLAs are dropped by the BJP in the latest list.
Some unidentified people allegedly vandalised a shop in Haryana's Panipat which was located near the house of a man killed in the Nuh communal clashes, the police said on Friday.
The Supreme Court, examining whether states can sub-classify Scheduled Castes and Scheduled Tribes for grant of quota inside quota, on Wednesday said all SCs and STs may not be homogeneous in terms of their sociological, economic, education and social status.
'We brought him back within 20 days of the complaint.'
The appointment will be made by Prime Minister Narendra Modi in consultation with Finance Minister Arun Jaitley.
GFI president Sudhir Mital said the uncertainty over the participation of Indian gymnasts in the upcoming Asian Games is causing confusion and having a "psychological" impact on the athletes.
Though this time India's first astronaut remained earth bound, P Rajendran/Rediff.com finds out more about his journey off the beaten track along America's East Coast.
The Bharatiya Janata Party on Monday released its second list for the upcoming assembly polls in Madhya Pradesh, fielding three Union ministers.
The GoC said the security forces have also recovered a huge quantity of narcotics which establishes a deep nexus between defence establishments in Pakistan and terrorist groups.
Tokyo Paralympics silver medallist IAS officer Suhas Lalinakere Yathiraj bettered his bronze from the last edition by winning gold in the SL4 final. Sukant Kadam took home the bronze in the same event.
Dr Mohan will be representing India along with Bangladesh, Bhutan and Sri Lanka on the 24-member Executive Board of the IMF.
There are pending buy orders for 4.8 million shares on the NSE and BSE.
'The talk in police circles is that Maria was about to crack the money transaction trail in the crime. The Mumbai police's Economic and Offences Wing had begun investigations into the money trail and Mumbai police officers had visited Singapore in this connection.'
To bring the perspective of the Central Vigilance Commission order recommending the divesting of powers of Verma and Asthana, Joint Director M Nageshwar Rao has been given the charge to look after the duties and functions of the Director as an interim arrangement, a CBI spokesperson said.
The NASA astronaut with a storied career in space exploration also commended India's substantial role in shaping the field of space exploration.
Amid heated debate on algorithm based trades, ace investor Rakesh Jhunjhunwala today backed this form of trading, and questioned the need to regulate it.
The contrast between the two meetings couldn't have been more stark, yet, both were organically linked, the latter a show of support for the former.
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