India's economy shatters a 35-year barrier to enter A-rated clubIndian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for I...
Corporate stress remains benign despite IBC delays and deep haircuts: KotakIndia's corporate credit cycle is expected to remain stable in the near future. Strong corporate balance sheets and moderate debt levels su...
Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversionA parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolv...
India climbs 25 places to 57th in global rankings on back of structural, pro-competitive reformsIndia's position in structural and global rankings has improved from 82nd to 57th as per a statement by the Ministry of Commerce & Industry.
India 25 notches up on global competitiveness indexIndia advanced 25 places to rank 57th globally in a competitiveness index. This improvement reflects sustained efforts in reducing market d...
Pending civil suits, arbitral claims stand abated after resolution plan approved under IBC: Supreme CourtThe Supreme Court has ruled that once a resolution plan is approved, any pending civil suits and arbitration proceedings are effectively ha...
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) BillThe Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, replacing the underutilized fast-track process with a new cre...
IBC reforms: Government moves to fix insolvency delaysET looks at how the proposed amendments to the decade-old law, blamed by critics for causing inordinate delay in the rescue or liquidation ...
Govt to introduce Insolvency and Bankruptcy Code amendment Bill in 2nd half of Budget session starting March 9: SitharamanThe Central government plans to introduce the Insolvency and Bankruptcy Code amendment Bill soon. This move aims to improve the insolvency ...
IBC has been a game-changer, transformed the insolvency landscape: DFS secretaryThe Insolvency and Bankruptcy Code (IBC) has significantly improved corporate dispute resolution, fostering transparency and accountability...
Proposed IBC amendments positive but miss real estate sector reforms: ICRANew amendments to the Insolvency and Bankruptcy Code aim to speed up company resolutions and boost recovery. However, these changes overloo...
Parliamentary panel moots advance ruling mechanism in IBC framework to tackle litigationsThe panel, in its report, has also recommended setting up a transparent, online mechanism for issuing 'no dues' certificates and statutory ...
Realty insolvency reforms to push for streamlined solutions for homebuyers, lendersThe Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to expedite the insolvency process for real estate companies, aimi...
Budget 2024: More debt recovery tribunals on the tableBudget proposals target insolvency and debt recovery improvement, enhancing Debt Recovery Tribunals and adding platforms. Sitharaman report...
Budget 2024: Finance Minister proposes to strengthen Insolvency FrameworkTalking about the success of the National Company Law Tribunals (NCLTs) under the Insolvency and Bankruptcy Code (IBC), Finance Minister Ni...
S&P to weigh labour, agri market reforms, improvement in financial sector for future ratingsStating that in India, states decide on labour laws and related reforms, S&P Director & Lead Analyst Sovereign & IPF Ratings APAC Andrew Wo...
No 'de-reform' in system, reform agenda continues: DEA SecyThe RBI further liberalised External Commercial Borrowing (ECB) norms by including more sectors in a bid to facilitate cheaper access of ov...