NBFCs need to strengthen risk management framework: Assocham
With the recent regulatory changes and the government’s initiatives altering the operating mechanism a report Thursday suggested that there is a need for […]
Month: October 2018
Sebi sells Pancard Clubs’ properties in Kerala, Goa
Sebi Thursday said it has sold two properties belonging to Pancard Clubs for a collective amount of nearly Rs 5 crore as part of […]
IL&FS default undermines asset backed securities market, highlights continuity risks: Fitch
Infrastructure Leasing and Financial Services’ (IL&FS) recent debt defaults have brought to the fore the continuity risks of India’s asset-backed security issuers ratings agency […]
Way forward! Kotak-led board to order IL&FS forensic audit first
The new board of Infrastructure Leasing & Financial Services (IL&FS) will commission a forensic audit to get clarity on its operations and the […]
ICAI sets up panel to study systemic issues in IL&FS crisis
Chartered accountants’ apex body ICAI Thursday said it has constituted a nine-member panel to study the systemic issues in the IL&FS crisis, amid […]
Shivinder Singh offers to mediate with Daiichi Sankyo over Rs 3,500 crore arbitration award
Former Fortis promoter Shivinder Singh has offered to mediate with Daiichi Sankyo to pay his part of the dues in the Japanese drug maker’s […]
Constructive challenge of good governance
Simply watching TV or reading the news in the papers or over the Internet has become a daily reminder of questions related […]
Limitation Act Applicable To Applications Filed Under Sections 7 and 9 Of Insolvency and Bankruptcy Code From The Inception Of The Code: SC
SC In all these cases, the Authority has held that the Limitation Act, 1963 does not so apply Even on the assumption that […]
PE/VC investments fall 23% to $6.7 billion in Q3; exits decline 71%
Private equity and venture capital investments in India *fell 23 per cent to $6.7 billion and exits* – excluding Flipkart deal – […]
Government considering tapping NRIs to stem rupee fall
Prime Minister Narendra Modi’s government is considering *tapping Indians living overseas to lure foreign exchange flows* and prop up a sagging rupee, […]