CRISIL report highlights IBC success to India’s bankruptcy landscape
Recent years have witnessed a decline in recoveries and a significant extension of resolution timelines, according to a report by CRISIL Ratings.
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What is the IBC, 2016? Here’s how it address the problem of failing businesses in India
The centre drafted a set of legislation based regulations known as the Insolvency and Bankruptcy Code (IBC), 2016 to deal with the issue of failing firms especially those which are insolvent.
IFSCA drafts regulations, seeks feedback
IFSCA drafted regulations to develop a comprehensive and consistent regulatory framework for establishment of International Branch Campuses (IBC) and Offshore Education Centres (OEC).
Piramal Group acquires DHFL for ₹38,000 crores
According to Piramal’s resolution plan, Piramal Capital and Housing Finance Ltd. (PCHFL) will merge with DHFL with Piramal Enterprises Limited having 100 per cent ownership of the merged entity.
World Boxing Council announces formation of Indian committee in collaboration with the Indian Boxing Council
The World Boxing Council has officially announced the formation of an Indian committee in collaboration with the Indian Boxing Council to aim for a pathway for young Indian boxers to the sport's biggest stages.