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SICK INDUSTRIAL COMPANIES
Scanning cancer, up close & personal: A revolution is underway in cancer diagnosisA gene-based test called next-generation sequencing can identify precise mutations, which can then be treated with targeted therapies. Sinc...- Trump's 80th birthday: White House cage fight spectacle amidst war and controversyUS President Donald Trump marks his 80th birthday with a unique cage-fighting event at the White House. This spectacle occurs as the presid...
- In 1987, a student set out to fix a Mac problem, but the code spiraled out of control, and he ended up creating PhotoshopA simple fix for a grayscale problem by Thomas Knoll led to the creation of Photoshop. His brother John saw its potential, and together the...
- Andreessen Horowitz cofounder Marc Andreessen says AI beats humans in coding because 'AI never gets drunk, sick, or high' and never files 'HR complaints.'Venture capitalist Marc Andreessen believes AI coding agents are superior workers, citing their tireless nature and lack of human flaws. He...
- Murshidabad’s forgotten crisis: Beedi workers struggle amid charged political debates, SIR deletionsIn Murshidabad's beedi belt, children work alongside mothers to meet daily targets. Families earn meager wages for rolling beedis. Contract...
- Automation vs humans: How industry 4.0 is reshaping jobs in India's auto sectorRecognising that not all workers can transition to automated roles and creating alternative pathways for decent work to prevent polarisatio...
- Why IBC should give bankrupting promoters a second chanceWhile the Sick Industrial Companies Act 1985 (SICA) provided ways for debtors to thwart creditors and recovery proceedings by allowing them...
- Unlocking India's economic promise: Can IBC act as a catalyst for expansion?Before IBC's implementation, insolvency and bankruptcy matters were not governed under a single law and were addressed via several statutes.
- View: India's insolvency law as creator of jobsThe new corporate insolvency regime has saved nearly four lakh jobs in India.
- Khaitan Electricals approaches BIFR to declare as sick unitOn May 28, 2016, Khaitan Electricals had informed that its accumulated losses had exceeded the net worth as on March 31, 2016 and therefore...
- Gokak Textiles board approves reference to BIFRGokak Textiles announced its board has approved reporting the company to the Board of Industrial and Financial Reconstruction on account of...
- Bharati Shipyard turns sickBharati Shipyard today said it has turned into a sick industrial unit after its net worth eroded completely as on March 31, 2015.
- Budget 2015: A comprehensive bankruptcy code like US style Chapter 11"Bankruptcy law reform that brings about legal certainty and speed has been identified as a key priority for improving the ease of doing bu...
- Delhi High Court seeks reply of Centre on PIL seeking appointments at BIFRThe plea also claimed that in the current year, only a handful of the schemes have been sanctioned for the revival of the distressed indust...
- Singer India no longer sick company under BIFR; stock ralliesAt 01:50 pm, the stock was at Rs 92, up 4.19 per cent, on the BSE. It touched a high of Rs 96.15 and a low of Rs 91 in trade today.
- 64 CPSEs sick as on March 2012: Praful PatelThere were 64 sick Central Public Sector Enterprises (CPSEs), including Hindustan Cables, HMT Watches and ITI Ltd, as on March 31, 2012.
- BIFR benches may be increased, says PranabThe Government is considering increasing the number of benches in BIFR, the quasi-judicial body that looks at revival of financially sick c...
- Mangalam Cement makes it way out of sick wardBK Birla group company Mangalam Cement on Thursday said it has ceased to be a “sick industrial company”.
- Plan panel favours closure of 27 PSUsTaking a cue from the National Common Minimum Programme, the Planning Commission has favoured winding up of 27 chronically sick public sect...
- Government may drop T-cess clause in draft Companies LawThe government is likely to drop the controversial clause in the draft Companies Law Act that empowered it to levy a cess on turnover of co...
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