Resolution

The image was constructed by Silvia Mantovanini, a Ph.D. student at Curtin University’s ICRAR node, who spent 18 months and over 40,000 hours on the project.

Tamil Nadu Assembly passes resolution again urging Centre to exempt state from NEET

The resolution, adopted by the House amid the BJP's opposition and walkout, called upon the Centre to amend the National Medical Commission Act and abolish the country-wide screening test taking into account the irregularities and increasing opposition to the test in several states, which toed Tamil Nadu's line.

Israel-Hamas war: Ear to the ground, India backs UN Gaza ceasefire resolution

The overwhelming global mood against Israel in the face of rising civilian deaths in Gaza may have played a crucial role in India’s course-correction from its earlier stand.

Lenders to reschedule second round of auction for RCap, new date undecided

The second auction is set to bids from Torrent Investments, Hinduja Group’s IndusInd International Holdings Limited (IIHL) and Oaktree Cap"

Govt plans pre-pack resolution for 'slightly bigger' companies under IBC

The pre-pack resolution is designed to speed up the resolution process with a deadline for submission of the plan set at 90 days and the next 30 days are fixed for the NCLT to approve it

Jet Airways cuts salaries, sends several employees on leave without pay as revival plan hits hurdle

New owner the Jalan-Kalrock consortium informs NCLAT of its inability to pay additional money to clear provident fund and gratuity dues of around Rs 250 crore

Kalrock Capital says raids on Florian Fritsch will not impact Jet Airways' revival

Kalrock Capital said that Fritsch is assisting in investigations by regulatory agencies in Liechtenstein, Switzerland, and Austria.

India abstains from voting on draft resolution in UN Human Rights Council on holding debate on human rights situation in China's Xinjiang region

The draft resolution on holding a debate on the situation of human rights in the Xinjiang Uyghur Autonomous Region of China was rejected in the 47-member Council after 17 members voted in favour, 19 members voted against, including China, and 11 abstentions, including India, Brazil, Mexico and Ukraine.

ONDC framing rules on personal info protection, grievance resolution for network participants

A set of rules on protection of personal information and setting up of grievance resolution mechanisms would be part of the comprehensive ONDC network policy, according to a consultation paper released by ONDC on Thursday.

15 companies express interest to acquire Smaaash Entertainment

Prominent among the parties that submitted EoIs are Nazara Tech, Adlabs Entertainment, Manikchand Group, FZE, Tech Connect Services, Capri Global, Jindal Enterprises and iLabs India

Kerala Assembly passes resolution to work towards countering, defeating divisive forces

Further, the Constitutional promises are facing various challenges presently like the huge financial disparities in the country, the idea of brotherhood facing a threat of destruction and several other issues.

IBBI gets tougher on professionals for not complying with insolvency code

Insolvency professionals are getting longer suspension orders and stiffer fines for violations such as rushing to liquidation and including related entities on committees of creditors

Reliance Power shareholders turn down special resolution to monetise assets

All special resolutions are required to be approved by 75 per cent or more votes of shareholders. All special resolutions are required to be approved by 75 per cent or more votes of shareholders.

CONCOR divestment: Land lease fee resolved, now comes the tricky part

CONCOR has paid significantly lower land licence fee in FY21 against the initial demand by Indian Railways. The land lease fee is estimated to reduce in FY22

Adani Group calls rivals ‘cartel’, tells DHFL bid done within process: Report

In a letter to the RBI-appointed administrator Adani Group said it has “followed due process to make the highest offer so lenders get the highest value for assets"

IL&FS board upgrades estimates of debt addressed to over Rs 57,000 crore

Aggregate value of debt being addressed is now estimated as over Rs 57,000 crore – with around Rs 50,500 crore likely to be addressed by March 2021

What the data says about IBC, banks and recovery

The headline numbers suggest that recovery rates have been very good but a drill down shows it’s not all rosy

Centre wants promoters to hold unlimited bankruptcy liabilities in case of criminal action: Report

The amendments are being viewed as 'fresh emergency measures', FM Sitharaman said.

Banks need to take larger haircuts for any governance failure in NBFCs: RBI Governor Shaktikanta Das

The market-linked mechanism would mean that current promoters go for a stake sale to bring new money into the set up.

DHFL resolution: Banks may take over as temporary measure, plan needs approval of all regulators

As per norms laid down by the banking regulator, lenders are required to sign an Inter-creditor Agreement (ICA) to finalize a resolution process. But the involvement of entities other than banks in this case has complicated the process.

DHFL resolution plan may come with riders, fresh credit likely: Reports

As per regulatory norms, banks need to sign an inter-creditor agreement to implement the plan, which has been scheduled for July 5.

Editor's Take | Post default, will Naresh Goyal cede control of Jet Airways?

For an airline that loses around Rs 14 crore a day, Jet Airways faces an uphill task to raise capital and skirt insolvency proceedings.

See no profound stress; aiming for 20% credit growth: Federal Bank

Finance minister Arun Jaitley told CNBC-TV18 a few days back that there could be some steps announced for non-performing asset (NPA) resolution. In an interview to CNBC-TV18, Shyam Srinivasan, MD & CEO of Federal Bank said banking sector does need support in terms of asset quality resolutions.

5 important things about USFDA warning letters, slow resolution

Warning letters resolutions are taking more time than ever before. Only 9 out of 108 warning letters have been sorted taking an average of 500 days. Data for India and China is even bleaker with just one resolution out of the 64 WLs issued in past 52 months, according to Edelweiss report.

Delhi Ola, Uber drivers' strike in a deadlock

Mediated by the state government, the meeting between representatives of Rajdhani Tourist Driver Union and the managements of Ola and Uber saw no headway being made. However, the state has asked the companies to look into driver demands for reasonable compensation and other welfare measures.