Sunday, August 14

Tag: Corporate Companies

Top 50 Indian Firms Deleverage Balance Sheets, Reduce Debts by Approx. Rs 60K Crores
News

Top 50 Indian Firms Deleverage Balance Sheets, Reduce Debts by Approx. Rs 60K Crores

In a bid to deleverage their balance sheets, top 50 Indian companies have reduced their debt by Rs 59,600 crores in the first half of this fiscal year. These companies had reduced their debts by about Rs 43000 crores in FY 2018-19, as per the sources. According to sources, the move holds significant relevance to the credit growth of banks as the companies borrowing loans from local lenders has reduced. Indian companies are seeking other funding methods that provide loans at much lower rate when compared to banks. Instruments like External commercial borrowing (ECB) is a viable alternative outside the banks. Besides, the domestic companies have worked to reduce their debts in response to the present legal framework. According to the recent Reserve Bank of India (RBI) data, the ...
Update from IBBI – 19-22 Dec 2018
IBBI, Regulatory, Watch-out

Update from IBBI – 19-22 Dec 2018

Update on Public Announcements and Invitation of Resolution Plans from Insolvency and Bankruptcy Board of India mentioned below for your reference. Update from IBBI – 19 Dec 2018 What's New 03-10-2018 - Order against Insolvency Professional, Ms. Bhavna Sanjay Ruia by ICSI IIP Update from IBBI – 20 Dec 2018 What's New 20-12-2018 - Provisional list of IPs prepared in accordance with Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) (Second) Guidelines, 2018 Public Announcements 11-12-2018 Public Announcement of Liquidation Process-Coastal Projects Ltd. Update from IBBI – 21 Dec 2018 Public Announcements 13-12-2018 Public Announcement of Corporate Insolvency Resolution Process-Setu Vintrade Ltd. 10-12-2018 Public Announce...
Update from IBBI – 17-18 Dec 2018
IBBI, News, Regulatory

Update from IBBI – 17-18 Dec 2018

Update on Public Announcements and Invitation of Resolution Plans from Insolvency and Bankruptcy Board of India mentioned below for your reference. Update from IBBI – 17 Dec 2018 Public Announcements 16-11-2018 Public Announcement of Liquidation Process-Kohinoor Diamonds Pvt. Ltd. 12-11-2018 Public Announcement of Corporate Insolvency Resolution Process-Jumbo Tanks & Equipments Pvt. Ltd. Update from IBBI – 18 Dec 2018 What's New 18-12-2018 - Notice for appointment of Executive Director on deputation 18-12-2018 - IBBI organizes Insolvency and Bankruptcy Awareness Programme at Shillong 18-12-2018 - IBBI and Vidhi Centre for Legal Policy organize a conference on ‘Insolvency and Bankruptcy Code, 2016: A Roadmap for the Next Two Years’. Please visit ...
Update from IBBI – 12-13 Dec 2018
IBBI, Regulatory, Watch-out

Update from IBBI – 12-13 Dec 2018

Update on Public Announcements and Invitation of Resolution Plans from Insolvency and Bankruptcy Board of India mentioned below for your reference. Update from IBBI – 12 Dec 2018 Public Announcements 03-11-2018 Public Announcement of Voluntary Liquidation Process-Powerplant Performance Improvement Pvt. Ltd. Update from IBBI – 13 Dec 2018 Public Announcements 07-12-2018 Public Announcement of Corporate Insolvency Resolution Process-Sriramagiri Spinning Mills Ltd. 29-11-2018 Public Announcement of Corporate Insolvency Resolution Process-Digamber Buildcon Pvt. Ltd. 29-11-2018 Public Announcement of Corporate Insolvency Resolution Process-Golden Glow Estates Pvt. Ltd. 29-11-2018 Public Announcement of Corporate Insolvency Resolution Process-Dayal Commercial Co. Pvt. Ltd. 06-1...