Cash crunch at NBFCs set to curb two-wheeler volumes, says Credit Suisse report
Non-banking financial companies (NBFCs) are likely to *witness severe cash crunch due to the near-term maturity of commercial papers* (CPs) subscribed by […]
Month: October 2018
Vedanta best-suited to take over indebted Essar Steel, says Anil Agarwal
Mining baron Anil Agarwal has indicated that he is open to raising bid for acquiring Essar Steel, saying his flagship Vedanta Ltd is […]
IL&FS crisis may sound death knell for PPP
The default crisis that has struck IL&FS, flagbearer of the public-private partnership (PPP) programme, may be the last straw for this once-promising avenue […]
14 firms set to bid for takeover of Dighi port
Fourteen companies have lined up to take over the troubled Dighi Port, whose case of bankruptcy is being heard by the National Company […]
SEBI Preparing Affordability Index To Ensure Investors Trade Within Verifiable Means
India’s market regulator is preparing a so-called affordability index to gauge if an investment is backed by the investor’s financial resources to ensure […]
FinMin banking on CPSE acquisitions, buybacks to meet disinvestment target
The Finance Ministry is banking on merger and acquisitions among Central Public Sector Enterprises (CPSEs) and share buybacks by state-run companies to […]
Economy must adjust to recent rate hikes, eye on inflation needed: RBI MPC
The economy faces several uncertainties and upside risks from the continuous rise in oil prices, volatility in emerging economies’ financial markets, uncertainty surrounding […]
NCLT Empowered To Decide Issues Relating To Allotment Of Share Capital, Alteration And Rectification Of The Register Of Members: Delhi HC
The non-compliance of any conditions contained in Section 62 of the 2013 Act also constitutes mismanagement of the company, inasmuch as under Section 241 […]
Prohibition of Benami Property Transactions (Removal of Difficulties) Order 2018
Whereas, sub-section (1) of section 48 of the Prohibition of Benami Property Transactions Act,1988 (45 of 1988) (hereafter referred to as the […]
Dr Aalima Nowhera Shaik, chairman of the controversial
Heera Islamic Business Group, better known as Heera Gold, has been arrested by Hyderabad Police Hyderabad Police Commissioner Anjani Kumar told media persons […]