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About 129 results for "ibc"

IBC auctions: Stressed unlisted firms may get tax incentives
Business Standard

IBC auctions: Stressed unlisted firms may get tax incentives

Your access to The Wall Street Journal online is subject to you not being an existing user of The Wall Street Journal online. Existing users include current or past Premium Users of The Wall Street Journal online. If you happen to be one, your subscription ... Business Standard, 3 days ago
Brief case: SC recommends changes in IBC rules Business Standard, 2 weeks ago

53 images for ibc

DNA, 20 hours ago
Business Standard, 2 days ago
Business Standard, 1 day ago
Money Today, 3 days ago
Business Standard, 3 days ago
Business Standard, 3 days ago
Business Standard, 3 days ago
Business Standard, 1 week ago
Business Standard, 3 days ago
Business Standard, 2 weeks ago
Business Standard

News digest: IBC auctions, Bitcoin tax, coal blocks, Oberoi Delhi, and more

From IBC auctions to Rahul Gandhi as Congress president, BS brings you top stories to keep up with the latest news BS Web Team | New Delhi Last Updated at December 12, 2017 04:15 IST IBC auctions: Stressed unlisted firms may get tax incentives Transfer of ...
 Business Standard3 days ago News digest: IBC tweak, shell firms, Gujarat elections, and more  Business Standard2 weeks ago

BS Banking Round Table 2017: IBC has shifted balance of power, say bankers

SBI's Rajnish Kumar says companies' deleveraging impeding credit growth; ICICI Bank's Chanda Kochhar says if disintermediation is added, the banking growth could be in the range of 12-12.5% Anup Roy | New Delhi Last Updated at December 13, 2017 13:26 IST The ...
 Business Standard2 days ago
Rediff.com

Why these 5 steel majors need to cough up Rs 29,000 crore

The recent amendments to the IBC practically barred promoters from re-acquiring their own assets, leaving only a small window to convert their non- performing assets into standard assets by paying the overdues. Promoters of five steel majors undergoing insolvency resolution will have to cough up a total of at least Rs 29,000 crore to be eligible to submit bids and retain their companies.   Some other companies trying to resolve their bad loans under the Insolvency and Bankruptcy Code ...
 Rediff.com1 week ago Insolvency resolution: Top 5 steel firms need to pay Rs 29,000 cr to bid  Business Standard1 week ago

IBC may be tweaked to give relief to stressed asset buyers

This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks. Illustration: Dominic Xavier/Rediff.com Buyers of stressed assets might soon get an exemption from paying the minimum alternate tax (MAT), and the need for getting approval from fair-trade watchdog the Competition Commission of India (CCI).   A government-appointed committee is planning to recommend amendments to the ...
 Rediff.com1 week ago
Rediff.com

Why ignoring the Bankruptcy Code will be a BIG mistake

The initiation of IBC proceedings in respect of a debtor has certain drastic consequences on both day-to-day running of the business of a debtor and on all creditors generally. The Insolvency and Bankruptcy Code (IBC), together with its implementing regulations, introduced in December 2016 is a uniform, comprehensive code dealing with financial failure, debt restructurings and insolvencies. It represents a game-changing shift towards a creditor-friendly and timeline-driven regime with limited ...
 Rediff.com1 week ago Following IBC ordinance, global PE funds may be disqualified from bidding for NPAs  Money Control2 weeks ago Stumbling blocks aplenty as IBC Ordinance gets underway  DNA2 weeks ago Clarifications expected on IBC ordinance: Expert  Prokerala2 weeks ago
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Rediff.com

IBC tweak: 'Wilful defaulters' may now seek legal help

Essar group, Bhushan Steel and JSW group likely to be impacted by changes Illustration: Uttam Ghosh/Rediff.com Promoters of the 12 companies that have been referred to the insolvency court will not be able to bid for their companies as the loan accounts have been classified as non-performing assets for over a year, according to the ordinance amending the Insolvency and Bankruptcy Code (IBC).   Prior to the ordinance, the IBC did not specifically disallow these promoters from bidding for ...
 Rediff.com3 weeks ago Promoters of stressed companies may challenge IBC tweak in court  Business Standard3 weeks ago
Business Standard

Cabinet clears ordinance for changes to Bankruptcy Code

The Union Cabinet on Wednesday approved an ordinance to introduce certain changes to the Insolvency and Bankruptcy Code (IBC), Finance Minister Arun Jaitley announced.Following a cabinet meeting, Jaitley told reporters here that the cabinet has forwarded the ...
 Prokerala3 weeks ago Cabinet approves ordinance to introduce changes to IBC  Business Standard3 weeks ago Govt-owned enterprises may soon face the IBC heat  Business Standard1 month ago
Money Control

Banks credit provisions to rise to Rs 2.4-2.6 tn for FY18: ICRA

The recent amendments to the Insolvency and Bankruptcy Code (IBC) will increase provisioning requirement for banks, according to the report.
 Money Control2 weeks ago Provisioning under IBC not unusually high: RBI Deputy Governor  Business Standard2 months ago Provisioning for insolvency cases not unusually large: RBI official  Sify2 months ago
Money Control

Promoters bidding for IBC assets have to first pay up dues: FM Jaitley

He said there is no blanket ban on promoters from bidding for delinquent companies that are being sold to recover bank dues. Only those who have not serviced their loan accounts by not even paying the interest on loans have been barred.
 Money Control2 weeks ago
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