Future Retail Ltd lenders add rider for inter-creditor pactBanks are of the view that if they do sign an ICA without a plan in hand, it would tie them to a single option - implement a debt restructu...
Lenders extend ICA for Reliance Home Finance resolution till March 31As per June 7 circular of the RBI, lenders can extend the time period of the pact if an account has not been resolved within 180 days of si...
With RBI not on same page, fewer companies may qualifyAlso, banks cannot escape signing the inter-creditor agreement (ICA) even by doing extra provisions and there will be no restructuring with...
BCCI apex council to appoint ethics officer and ombudsman, ICA set to get fundingThe ICA has been desperately seeking funds from the BCCI since the new dispensation came into power in October. No funding till now means t...
Resolutions via inter-creditor agreements off to a slow startAs January 7 deadline set by RBI looms, inter-creditor agreements are yet to be signed for exposures amounting to Rs 33,610 crore. Resoluti...
RBI, Sebi ‘clash’ adds to defaulters’ resolution woesEven if the bankers agree on a deal under the ICA, it is not binding on funds.
Talks to get all regulators on board ICAThe Central Bank has no problem if ICA provides different treatment for different types of creditors
Reliance Power signs inter-creditor agreement with six lendersAfter signing the ICA, the firm has got 180 days for implementation of the debt resolution plan under the existing legal framework.
DHFL gains 4% as lenders agree to sign inter-creditor pactBankers to DHFL met on Monday and agreed in principle to sign an ICA.
Samsung-ICA in ugly spat over agendaIndian handset players like Micromax, Lava and Karbonn have also waded into the debate, without involving ICA, saying that there should be ...
Mobile handset vendors urge government to reinstate old rule for importing partsThe ICA has also suggested an amendment in the rule for the utilization period of the imported goods for mobile manufacturing to the earlie...
Infosys wins IT services contract from Swedish retailerThe contract will help ICA Gruppen reduce cost in stages by SEK 75 million (about Rs 50 crore) starting from 2016 (compared to 2014).
International Cotton Association joins hands with Indian counterpartThe ICA, Liverpool, U.K. and CAI (Cotton Association of India), have decided to join hands and entered into a Memorandum of Understanding (...
- Need to lobby for cooperatives at global economic forums: ICA
There is need to lobby for cooperatives at G-20 level so that world economic forums "well recognise" their strength, a top official of Gene...
- Ramesh's ICA proposal gets support from BASIC countries
Environment minister Jairam Ramesh's proposal for a global monitoring system for mitigation action or international consultation and analys...
- ICA pushes for customs duty cuts on cell accessories
According to Indian Cellular Association (ICA), around 70-75% of the replacement battery market is dominated by counterfeits. Mobiles with ...
- Lithium Ion batteries in cell phones safe: ICA
In the wake of recall of faulty batteries in Nokia cell phones that causes overheating, the Indian Cellular Association (ICA) sought to ass...