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Maruti Suzuki and DPIIT sign MoU to propel auto & mobility startup innovation in IndiaMaruti Suzuki India has partnered with DPIIT to bolster the startup ecosystem, focusing on technology-driven solutions for automobile manuf...- Ravi Mittal, former secretary, department of sports, likely to head IBBIRavi Mittal, former secretary department of sports is appointed as the chairman of Insolvency and Bankruptcy Board of India (IBBI), accordi...
- Government sets minimum default threshold at Rs 10 lakh for MSME prepack insolvency resolutionThis distancing of the resolution professional will also work as a countermeasure to the debtor-in-control model that works in such pre-pac...
- FM chairs FSDC meeting, takes stock of economy amid COVID-19This was the first meeting of the FSDC, which comprises RBI Governor and other financial sector regulators, since the coronavirus outbreak.
- Govt working to create information system on stressed companiesThe move will help bridge the information gap faced by bidders and is expected to generate more interest from international companies in th...
- FSDC reviews role of credit rating firms, stressed asset market developmentThe FSDC sub-committee chaired by RBI Governor Das also discussed issues related to financial frauds.
- What’s delaying bankruptcy cases, govt to ask RPs, lendersTimelines have already run beyond what is permitted by the law in many cases.
- Want to graduate in insolvency? Here's how you canThe 27-month programme is expected to set global benchmark for insolvency professionals.
- Take realistic view of loan losses: Govt tells banks"The haircut has to be seen from the enterprise value angle and not from the claims angle," said Injeti Srinivas, Secretary, Ministry of Co...
- One year on, code at work at unusual paceBefore time was called in some of the cases, various benches of the NCLT approved revival plans for five bad loans.
- Govt launches review of insolvency lawThe development comes at a time when nearly 300 cases have been admitted for resolution by the National Company Law Tribunal.
- Three shortlisted for Sebi top job, SBI chief seen as top contenderThe announcement is expected early this month as current chairman UK Sinha’s term comes to an end on February 17, according to people aware...
- RBI appoints NSE's Vice-Chairman Ravi Narain to small bank panelRBI had earlier announced a panel under Nachiket M Mor, Director of Central Board, for payments banks.
- Sun Pharma's Dilip Shanghvi, Future Group's Kishore Biyani among payment bank license applicantsRBI has received as many as 72 applications for ‘small finance banks’ and 42 applications for ‘payments banks’ — entities that are aimed at...
- Ramesh Abhishek gets three-month extension as Forward Markets Commission chairmanRamesh Abhishek was today given a three-month extension as the chairman of the Forward Markets Commission.
- Sahoo panel moots Bharat Depository Receipts framework to reboot IDRsThe benefits of these underlying assets, capital gains or interest, accrue to the investor that holds the depository receipts.
- Government looking to notify Liberal Depository Receipt schemeThe scheme, based on recommendations of MS Sahoo panel would allow overseas issuances of depository receipts with underlying debt by listed...
- Government to review FCCB, depositary receipt rulesThe government is carrying out a comprehensive review of rules governing foreign currency convertible bonds (FCCBs) and depository receipts.
- Parliament to take up National Spot Exchange issue next weekMuch to the disappointment of a few investors and brokers, the FMC directed NSEL to upload the settlement calendar on its website.
- Sebi may ask Jet-Etihad to tweak deal to avert open offerThe airlines would have to rework the terms of the deal and may also have to make an open offer if Sebi wants an open offer.
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