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RBI"s move to bar all debt-recast programmes will delay recovery: India Inc

RBI had said companies will get six months from March 1 to get their house in order or go for bankruptcy.....»»

Category: topSource: business-standardFeb 13th, 2018

Letters: Another hasty move

A company goes to the insolvency code-based sale only when all other debt restructure methods of the Reserve Bank of India have failed.....»»

Category: topSource: business-standardDec 13th, 2017

Moody"s upgrades India"s rating; backs reforms like demonetisation, GST

The rating agency has also improved its outlook on India rating from positive to stable, a move that will help India attract more foreign fund flows and corporates tap debt at lower rates abroad.....»»

Category: topSource: business-standardNov 17th, 2017

Moody"s hails reforms like demonetisation and GST, upgrades India"s rating

The rating agency has also improved its outlook on India rating from positive to stable, a move that will help India attract more foreign fund flows and corporates tap debt at lower rates abroad.....»»

Category: topSource: business-standardNov 17th, 2017

Slow GDP growth to delay recovery to December: India Inc

Country's GDP growth for June quarter came in at 5.7%, lower than 6.1% reported in Jan-March 2017.....»»

Category: topSource: business-standardSep 3rd, 2017

Could be wise to write off some Air India debt: Panagariya

Outgoing Niti Aayog Vice-Chairman Arvind Panagariya has said that writing off some debt of Air India, so as to make it attractive to prospective investors, could be a “wise” move. Following a sugg........»»

Category: topSource: thehindubusinesslineAug 9th, 2017

Cairn tax dispute: I-T dept orders recovery of Rs 10,247 crore

I-T dept will now move to take over the 9.8% shareholding Cairn Energy had in Cairn India.....»»

Category: topSource: business-standardJun 19th, 2017

RBI cracks whip on banks not game for asset recast

On a day when the government vested more power to the Reserve Bank of India (RBI) in the war against bad debt, the central bank imposed a corrective action plan (CAP) on a wide range of restructurings exercised by banks.Such.....»»

Category: topSource: business-standardMay 5th, 2017

Millennials Delay the Homeownership Move

Young adults are marrying later, coping with debt, and living longer with their parents.That’s a big problem for the home builders......»»

Category: topSource: barronsMar 4th, 2017

National infra fund gets a move on

After much delay in the formation of the National Investment and Infrastructure Fund, a beginning is set to be made with India holding last-mile discussions with the United Arab Emirates (UAE) and Qatar. Some half a dozen road p.....»»

Category: topSource: business-standardMar 1st, 2017

Wrong flight path: Govt"s latest proposals for Air India won"t help at all

With jet fuel prices starting to move north, a recovery by Air India looks all the more improbable......»»

Category: topSource: business-standardFeb 10th, 2017

India snaps funding ties with Gates Foundation on immunisation

A group backed by the Bill & Melinda Gates Foundation that works on India's immunisation programmes will now be funded by the health ministry, a government official said, a move in part prompted ........»»

Category: topSource: thehindubusinesslineFeb 8th, 2017

Note ban may delay banks" asset quality recovery, says Fitch

As the cash shortage had a 'disruptive impact' on India's informal economy.....»»

Category: topSource: business-standardJan 31st, 2017

Tax recovery from Swedish majors in payment dispute put on hold

A move that will help in mitigating the hardship faced by such firms operating in India.....»»

Category: topSource: business-standardJan 6th, 2017

Debt recovery is off to a slow start

India's debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016.....»»

Category: topSource: business-standardDec 11th, 2016

UNSC stuck in its own "time warp": India hits out for delay on Masood Azhar ban

Earlier, China had extended the 'technical hold' on India's move to get Azhar designated as a terrorist by the UN.....»»

Category: topSource: business-standardNov 8th, 2016

First S4A debt recast gets nod

Construction major HCC's Rs 5,000-crore debt recast has become the first case to get approval of a high-level panel set up under the Reserve Bank of India's (RBI) new Scheme for Sustainable Structuring of Stressed Assets (S4A).The scheme, passed by ........»»

Category: topSource: business-standardNov 5th, 2016

ICICI surges most since March on debt-recovery hopes

ICICI Bank Ltd, India's largest private-sector bank, rose the most in seven months in Mumbai trading on optimism the lender will recover some of its loans to Essar Group.Shares of the bank rose seven per cent to Rs 258.7, while the locally listed ........»»

Category: topSource: business-standardOct 17th, 2016

Ending licences anti-competitive: Index provider MSCI slams Indian bourses

Says Indian exchanges' move to terminate licensing and data-feed pacts with global counterparts is anti-completive, could cause disruption and lead to a cut in India's weight on its global indices.....»»

Category: topSource: business-standardFeb 16th, 2018

Move to change US immigration Bill to help India"s technology professional

The amendments would increase worker mobility for individuals on the path to a green card by enabling them to change jobs earlier in the process without losing their place in the green card line.....»»

Category: topSource: business-standardFeb 15th, 2018

Hyderabad to host farmers’ meet on freedom from debt

The All-India Kisan Sangharsh Coordination Committee (AIKSCC), an umbrella organisation of about 190 farmers’ organisations and activists, will organise 'Kisan Mukti Sadassu' in Hyderabad o.....»»

Category: topSource: thehindubusinesslineFeb 14th, 2018