Non-payment of dues is hurting these companies and has impacted their balance sheets, CLA Secretary General said.
Investors are advised to tread with caution as the momentum could swing in either direction.
Corporate Debtors, Operational Creditors and Insolvency Professionals have expressed concerns over various grey areas in the IBC.
B Jain Pharmaceuticals, the New Delhi-based maker of homeopathic ingredients and formulations, says it sees resurgence of homeopathy in India backed by more people willing to try alternative therapies and government's own efforts to promote traditional medical practices.
The seventh in the Moneycontrol Ultimate Business Quiz series. Want to know how many you got right? Check the answers in the last slides.
RBI had on December 6 revised the MDR for debit card transactions at large format retail stores from 0.5 percent per transaction to 0.9 percent (not exceeding Rs 1,000).
The sources also said that JP Associates may move Supreme Court on Thursday seeking an extension for the next deadline to deposit Rs 125 crore by December 31.
A Ministry of Civil Aviation said the government had received four to five proposals from airline operators to fly to and from Kalyan under its regional connectivity scheme.
The high court had asked Vodafone representatives to participate in the process of appointing a presiding arbitrator in its international arbitration process against India.
The lender said it can raise the money in single or multiple tranches to maintain healthy Capital-to-risk weighted assets ratio during current year.
12 persons and four companies have been held guilty so far with today's decision in four cases.
The 6.79 per cent 10-year benchmark bond maturing in 2027 gained to Rs 97.40 from Rs 97.28 yesterday.
The leaks suggest that these kinds of espionage operations are not one-off cases. They are run pretty frequently by the corporate security firms
Appsperiments is an experimental project launched by Google through which it plans to launch a series of photography apps’.
However, definitive agreements in this regard will be finalised in due course subject to financial viability, the PSU said in a filing to the BSE.
The pound sterling also finished higher at Rs 86.10/12 at the close of the Interbank Foreign Exchange (forex) market on Wednesday.
In an interview to CNBC-TV18's Manisha Gupta, Kishore Narne of Motilal Oswal spoke about this views on the trends in the commodities market.
The former chief minister said BSP candidates had been supported by the people in the polls, and had won the Meerut and Aligarh mayoral posts.
In an interview to CNBC-TV18's Manisha Gupta, Edward Morse, Global Head – Commodities at Citi Research spoke about this views on the trends in the commodities market.
The scheme, which aims to promote BPO operations in smaller towns and cities, provides special incentives of up to Rs 1 lakh per seat in form of viability gap funding and disbursement of financial support is directly linked to job creation.
The government will on Thursday open financial bids by airline companies under the government’s regional connectivity scheme that seeks to connect unserved and under-served airports with partly subsidized flights
The former Member of Parliament and spokesperson of the JD(U), an NDA ally, yesterday said democracy was threatened by populist governments.
For similar reasons, RBI had also imposed Rs 6 crore penalty on Yes Bank and Rs 2 crore on IDFC bank for deficiencies found in regulatory compliance relating to loans and advances
Among the top 'What is' queries this year, GST, Bitcoin, Jallikattu and BS3 vehicle remained the most trending themes.
IndoSpace is a joint venture between private equity firm Everstone Group and Realterm, a US-based global industrial real estate leader.