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Rashmi Metaliks: Rashmi Metaliks submits resolution plan for Rolta

Secured creditors have an exposure of ₹7,086 crore to Rolta. The lenders are scheduled to meet on Wednesday to evaluate the Rashmi offer. The company was admitted for insolvency proceedings based on an application by Union Bank of India in January.

MCCI Special Session on Social Stock Exchange and  Social Audit Curated by Mamta Binani

MCCI Special Session on Social Stock Exchange and  Social Audit Curated by Mamta Binani
indiaeducationdiary.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiaeducationdiary.in Daily Mail and Mail on Sunday newspapers.

A Code for Creditors

Employees at The Asian Age and Deccan Chronicle Face an Uncertain Future

Employees at The Asian Age and Deccan Chronicle Face an Uncertain Future With the insolvency process still dragging, employees faced grossly delayed salary payments at a time when they needed it the most. Illustration: The Wire/Reuters. The Asian Age and Deccan Chronicle – two well-known daily newspapers owned by beleaguered Deccan Chronicle Holdings Limited (DCHL), whose recent corporate insolvency resolution process saw a few hiccups – have not been paid their salaries for the last 12 months. According to employees that The Wire spoke to, the salary for January 2020 is still awaited by many journalists. “We received our salary for December 2019 in October 2020. We received nothing in November 2020. The next salary instalment we received was on December 22, 2020. That too just half of our January 2020 salary. We still haven’t received the other half and we are in January 2021,” an employee of

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