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Centre seeks capacity for 1k IBC cases - Times of India

India Business News: NEW DELHI: The government on Sunday said that the system needs to be geared up to deal with around 1,000 insolvency cases annually even as the Insolve. ....

Manoj Govil , Ravi Mittal , Bankruptcy Board , Bankruptcy Code , Business News ,

ibc: M-cap of stressed firms zooms three times after IBC resolution, says IBBI chairman

The market capitalization of stressed companies resolved under India s Insolvency and Bankruptcy Code (IBC) has increased from INR 2 lakh crore to around INR 6 lakh crore, according to the chairman of the Insolvency and Bankruptcy Board of India (IBBI), Ravi Mittal. Sales of these companies also rose by 75% after resolution, indicating their improved performance. Mittal highlighted that a record 185 cases were resolved through the IBC in the last fiscal year, and more than INR 51,000 crore has been realized from these resolutions. ....

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mittal: Neeraj Mittal becomes new telecom secretary, S Krishnan moves to MeitY

Neeraj Mittal has been appointed as the new telecom secretary and S Krishnan as the secretary at the ministry of electronics & information technology. Other key appointments include Arunish Chawla as secretary at the Department of Pharmaceuticals and Vumlunmang Vualnam as the secretary at the ministry of civil aviation. Mittal will be responsible for finalizing the Telecom Bill and making decisions on spectrum allocation modes, while Krishnan will oversee the implementation of India s semiconductor mission and the Digital Personal Data Protection Act. ....

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