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About 20 results for "ailing kingfisher airlines"

What is ailing our public sector banks?

If the CEOs of public sector banks show undue favour to a client, in circumvention of the laid down procedures, by way of pay-back to their political patrons, they must be held accountable for the wrongdoing The non-performing assets (NPA) of ... New Delhi Pioneer, 2 weeks ago

Vijay Mallya's loan: BoB mistook farmer, security guard for Kingfisher directors!

Khajuria Naviram village in Uttar Pradesh-Bilsanda block, Pilibhit districtis a seven-hour drive from the national capital. It's a long walk on a mud track to the house of Manmohan Singh, 52, a marginal farmer. Set on the edge of his eight-acre ...
 Firstpost.com1 month ago
Asia Legal Business

Taking on defaulters

India recently passed a new bankruptcy code that promises tougher action against corporate defaulters. But, as lawyers tell Ranajit Dam , having it implemented quickly and easily might be a challenge. With reporting by Manoj Kumar of Reuters ...
 Asia Legal Business1 week ago India to take on defaulters as parliament approves bankruptcy bill  Asia Legal Business2 months ago

Vijay Mallya resigns as Independent Director of Bayer CropScience

Zee Media Bureau New Delhi: Vijay Mallya faced yet another setback on Tuesday, as he resigned as an independent director from the board of Bayer CropScience. The company informed the BSE in a notification. The company said that ...
 ZeeNews.com1 month ago
The Hindu

Indian envoy walks out of book launch attended by Vijay Mallya in London

Author claimed that Mallya was not an invited guest at the event, which was open to anyone who wanted to attend. Indian High Commissioner to the United Kingdom Navtej Sarna walked out of a book launch event attended by Vijay Mallya, the Indian ...
 The Hindu1 month ago

60K backlog cases dampen bankruptcy overhaul hopes

India has a brand new law at its disposal to help clean up $131 billion of impaired debt and avert a crisis at its banks. Implementation challenges are so daunting that the full benefits may be years away. The law passed by the Parliament this month calls for ...
 The Financial Chronicle1 month ago With 60,000-Case Backlog, India Bankruptcy Overhaul Faces Delays  Yahoo! Finance UK and Ireland1 month ago

Govt's bankruptcy law overhaul hindered by backlog of 60,000 cases

The Debt Recovery Tribunals, which had 62,000 cases pending as of December 2014, has a disposal rate of about 10,000 cases per year India has a brand new law at its disposal to help clean up $131 billion of impaired debt and avert a crisis at its ...
 Livemint.com1 month ago Backlog of 60,000 Cases Damps Hope for India Bankruptcy Overhaul  Bloomberg1 month ago
International Business Times India

Time ripe to merge state-run banks, says Banks Board Bureau chief

The Banks Board Bureau, which has been set up with the purpose of developing business strategies, assisting banks in raising capital and appointing heads of state-run banks, has proposed merger of strong banks and acquisition of weaker ones after ...
 International Business Times India2 months ago

Ambitious new bankruptcy code may take years to clean up India's debt mess

* Bankruptcy code likely to get parliament nod soon -officials * Experts say may take years to implement law * 70,000 liquidation cases stuck in courts, tribunals * Banks' bad and troubled loans estimated at over $100 bln By Manoj Kumar NEW DELHI, May 2 ...
 Sify2 months ago
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