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SWISS CHALLENGE MECHANISM
Switzerland just buried solar panels under a live train track to get clean energyA Swiss startup, Sun-Ways, has installed solar panels between railway tracks in western Switzerland. This innovative project tests if train...
Quote of the day by Albert Einstein: “The only real valuable thing is...” Life lessons on human behavior, education and success by popular German-born physicistQuote of the day by Albert Einstein focuses on the meaning of intuition and how it shapes human behavior, education, learning and success. ...
Bandhan Bank sells Rs 3,212 crore microfinance bad loans to ARCILBandhan Bank has sold a ₹3,212 crore microfinance non-performing loan portfolio to ARCIL for ₹578 crore. This sale followed a Swiss Challen...
Aviom India creditors to go for Swiss challengeIn an effort to maximize returns for its lenders, Aviom India Housing Finance is launching a Swiss challenge auction to attract competitive...
Opportune time to establish India presence: Swiss watch brand HYTAs major Swiss luxury watchmakers turn towards India, smaller independent brands like HYT are also establishing a presence to tap into the ...
Reliance Capital insolvency: NCLT rejects Torrents's plea, to hear Hinduja's resolution plan approval on September 26The matter was listed for hearing on Tuesday before the insolvency tribunal, however, it has now been adjourned to September 26. The NCLT s...
Lenders look to close deal for loans of Vidarbha IndsA division bench of the court had on August 2 told the lenders not to declare the winner of the Swiss auction until the next hearing schedu...
Aditya Birla ARC, Reliance ARC & Arcil in shortlist for Vidarbha IndsLenders of Vidarbha Industries Power will hold a Swiss challenge auction on August 8 among the three shortlisted asset reconstruction compa...
PFC-REC's winning offer for Lanco unit runs into regulatory hurdlesDipam, which is in charge of state invested assets, is not comfortable with PFC and REC acquiring the power project through a joint venture...
RCAP resolution plan hits roadblock as bidders upset over another auction planThe plan of debt-ridden Reliance Capital's lenders to conduct a second round of auction has hit a roadblock, as bidders are apparently not ...
Torrent Investments won’t participate in second auction for Reliance CapitalThe lenders, however, are unlikely to hold a Swiss auction since this would not lead to value maximisation, people in the know said. A clos...
IOB set to recover 40% of education loan on sale to Reliance ARCAnil Ambani-owned Reliance Capital - the parent company of Reliance ARC - is undergoing insolvency proceedings with Torrent Investments and...
NARCL declines to match Phoenix ARC's bid for Mittal CorpPhoenix's offer was 78% higher than the ₹228 crore from NARCL, and more importantly, it was on a full cash basis in contrast with the 85% s...
SBI, Union Bank to go ahead with Swiss Challenge auction for KSK Mahanadi Power loansIn the Swiss auction process, lenders first hold an auction of the NPA, and the offer made by the highest bidder (also known as anchor bidd...
India, Switzerland for coordinated action on clean, resilient post-COVID world"Both the countries shared views and perspective on their respective countries and global economic scenario. Both sides emphasised the impo...
Bengalureans like to tell time on a tech-savvy watch; Delhi keeps it flamboyant, and Mumbai classicRevathi Kant, chief design officer at Titan, clocks in new timepiece trends & discusses India’s buying behaviour.
Automatic info exchange with India latest by 2018: Swiss governmentIn its fight against black money menace, India will have to wait till 2018 for Switzerland to provide bank account details of Indians under...
Now, startups like Skillsonics, and LabourNet help companies hire skilled blue collar staffStartups, such as Skillsonics, and LabourNet, are reducing costs for manufacturing cos by helping them pick trained blue-collar workers, wh...
Indian patent rulings may face legal heat internationallyMultinational drug makers, who have invested billions of dollars on research, are peeved with some of the recent court rulings in India
- Zenith, one of the most awarded watch brands in history
“If you are in the business of selling emotions, you can’t be in rush,” says Jean Frederic Dufour , president & CEO, Zenith Swiss Watch Man...