Searched for
CLEAN SLATE PROVISION
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...- Budget 2026: India’s insolvency law faces its biggest upgrade in a decadeIndia's insolvency law is poised for major changes with the Insolvency and Bankruptcy Code (Amendment) Bill, 2025. This bill aims to speed ...
- Insolvency board proposes rule to reveal beneficial owners behind bids for bankrupt firmsThe Insolvency and Bankruptcy Board of India (IBBI) has proposed mandatory disclosure of beneficial ownership by bidders for bankrupt firms...
- Nomura upgrades IndusInd Bank to buy, sees 30% upside; shares rally 4%IndusInd Bank shares rose up to 3.9% after Nomura upgraded the stock to ‘buy’ and raised its price target by 50% to Rs 1,050, citing improv...
- IndusInd Bank probing key management persons for "wrongful accounting practices"IndusInd Bank is investigating former key management personnel for potential accounting fraud, leading to a significant net loss of ₹2,328 ...
- Taxmen defy 'clean slate' rule, hit insolvent firms with fresh demandsDespite the IBC's 'clean slate' provision and court rulings, tax authorities are levying fresh tax demands on companies emerging from insol...
- SAT quashes Sebi penalty for disclosure lapses in ArcelorMittal Nippon Steel case"The impugned order dated March 28, 2022 cannot be sustained and is quashed... However, it will be open to the respondent Sebi to initiate ...
- Taiwan not included in launch of new Biden Indo-Pacific pactWhite House national security adviser Jake Sullivan confirmed that Taiwan isn't among the governments signed up for the launch of the Indo-...
- Govt hopes to start on clean slate after retro tax changesTop government sources told TOI that the amendments moved by finance minister Nirmala Sitharaman on Thursday has sought to link the end of ...
- RBL Bank reports Rs 459 crore loss in Q1 on higher loan provisionsIts gross non-performing assets ratio increased to 4.99 per cent as of June 30 as against 4.34 per cent in March and 3.45 per cent in the y...
- We intend to clean up the stressed pool by end of FY20: Vishwavir Ahuja, RBL BankWe had last time identified a pool of stressed assets and we have stayed exactly according to script.
- Nirav Modi cloud still hangs, but PNB can raise a cheerThe bank had made a record Rs 13,417 crore loss in the quarter ended March 2018.
- Dalmia Bharat, UltraTech remain keen in Binani despite 'fraud'The Resolution professional (RP) Vijaykumar V Iyer has moved the National Company Law Tribunal (NCLT), alleging suspect and fraudulent tran...
- Transition provisions under GST regimeHectic preparations are on at various levels in industry and business including inventory destocking to ensure they begin on a clean slate ...
- Combined profit of 5 state banks falls to one-tenth at Rs 108 crore in Q4For the full financial year, the combined net profit of the five associate banks was half at Rs 1,638 crore against Rs 3,200 crore in FY15.
- Prodded by RBI's Raghuram Rajan, new CEOs of public sector banks go all out to tackle bad loansPS Jayakumar of Bank of Baroda, Melvyn Rego of Bank of India, Usha Ananathasubramanian of PNB and Rakesh Sharma of Canara Bank have all tak...
- Public sector banks CEOs take NPAs head onIt’s a principle India’s new bank chiefs have adopted with enthusiasm, though it must be said this should also be ascribed Rajan’s zealous ...
- Delhi celebrates Chhath; Congress, BJP leaders visit ghatsThousands of devotees gathered at the banks of Yamuna river in the national capital today to offer prayers to the Sun on the third day of t...
- Farm loan effect: Banks to report higher NPAsBanks' profitability for the September quarter will take a hit on account of the contentious debt waiver-cumdebt relief scheme of 2008.
- Khera to file PILs to ensure reformShiv Khera has decided to file public interest litigations (PILs) in the Supreme Court to bring about socio-economic and political justice ...
Load More
