ECF panel to submit RBI reserves report by February end
The expert committee to examine the economic capital framework (ECF) of the Reserve Bank of India (RBI) will be formed within a […]
Month: November 2018
Board committees to assist RBI
The Reserve Bank of India (RBI) is set to get a makeover in line with its global counterparts with several board committees […]
MSMEs may get Rs 6-7 lakh crore a year in digital lending alone; may cross this major hurdle
With more and more micro, small and medium enterprises (MSMEs) in India adopting new technologies to grow their businesses there is a […]
CCI invites comments from public in respect of the proposed acquisition
On 16th July, 2018, the Competition Commission of India received a notice from Schneider Electric India Private Limited (Schneider) and MacRitchie Investments […]
IL&FS total defaults till date stand at Rs 46.4 bn, up 22% from Sept end
Infrastructure Leasing and Financial Services (IL&FS), the beleaguered non-banking financial company (NBFC), has defaulted on Rs 46.4 billion worth of debt obligations […]
Binani Cement goes to UltraTech: What now for Dalmia Bharat?
Effective 20 November, Binani Cement is a wholly-owned subsidiary of UltraTech Cement, following a favourable Supreme Court ruling. For Dalmia Bharat, which […]
Bank of Baroda to put 35 NPAs up for sale to recover Rs 4,237-cr dues
Bank of Baroda has proposed to put 35 non-performing assets (NPAs) up for sale including several ailing power assets, to recover dues […]
Audit sought on N Chandrababu Naidu’s firms
Alleging corruption and tax evasion, a complaint has been filed before the Registrar of Companies Telangana state, seeking an audit of companies […]
NCLT could lose power to approve mergers and acquisitions, says report
The government’s new reforms could lead to National Company Law Tribunal (NCLT) losing its power to approve mergers and acquisitions According to […]
Company Secretary penalized for committing Mistakes in Compliance Certificate
The disciplinary Committee of the institute of Company Secretaries of India (ICSI) has imposed penalty on a Company secretary for committing professional […]