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Don't expect rush in bankruptcy filings: IBBI Chairman

Don t expect rush in bankruptcy filings: IBBI Chairman
Thu, Apr 15 2021 20:57 IST
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New Delhi: Dr. M.S. Sahoo, Chairperson of Insolvency and Bankruptcy Board of India speaks to IANS in New Delhi on Nov 11, 2019. . Image Source: IANS News
New Delhi, April 15 : As the suspension on fresh insolvency cases got lifted last month, Insolvency and Bankruptcy Board of India (IBBI) Chairman, M.S. Sahoo feels that although filings for bankruptcy may increase somewhat, but there would not be a huge jump in cases.
Speaking to IANS, Sahoo noted that there are other provisions for debt resolution too, which would lower the pressure on the Insolvency and Bankruptcy Code (IBC). ....

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Govt expects to complete Air India, BPCL sale in Q1 FY22

Govt expects to complete Air India, BPCL sale in Q1 FY22
Wed, Feb 10 2021 15:03 IST
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Govt expects to complete Air India, BPCL sale in Q1 FY22. Image Source: IANS News
New Delhi, Feb 10 : With a renewed push to its disinvestment policy, the Centre expects to complete the much-delayed privatisation of Air India and Bharat Petroleum Corporation Ltd (BPCL) in the first quarter of the upcoming financial year (2021-22).
The government has received Expressions of Interest (EoIs) from interested parties for both the national carrier and the energy major, but it is yet to announce the selected bidders for the two state-run companies. ....

New Delhi , Nirmala Sitharaman , Rituraj Baruah , Subhash Narayan , Tuhin Kanta Pandey , Air India , Department Of Investment , Bharat Petroleum Corporation Ltd , Life Insurance Corp , Public Asset Management , Minister Nirmala Sitharaman , Disinvestment Secretary , Finance Minister , புதியது டெல்ஹி , ரிதுராஜ் பருகு , சுபாஷ் நாராயண் , துஹின் காந்தா பாண்டே , அேக இந்தியா , துறை ஆஃப் முதலீடு , பாரத் பெட்ரோலியம் நிறுவனம் லிமிடெட் , வாழ்க்கை காப்பீடு கார்ப் , பொது சொத்து மேலாண்மை , நிதி அமைச்சர் ,

Disinvestment aimed at growth, not to plug fiscal deficit: DIPAM Secy (IANS Interview)

By Rituraj Baruah & Subhash NarayanNew Delhi, Feb 7 : As the Budget 2021 comes up with major thrust on privatisation of public sector enterprises, ....

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Big Bang: LIC IPO to lend sparkle to markets this Diwali

Big Bang: LIC IPO to lend sparkle to markets this Diwali
By
IANS
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Published on
Thu, Feb 4 2021 18:06 IST
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Life Insurance Corporation of India building, New Delhi. (File Photo: IANS). Image Source: IANS News
New Delhi, Feb 4 : The much-anticipated IPO of public sector insurer Life Insurance Corp of India (LIC) may well lend more sparkle to the Indian stock markets this Diwali.
Speaking to IANS, Disinvestment Secretary Tuhin Kanta Pandey noted the fact that LIC is a complex undertaking but the government is up to the challenge and will complete the market offering post October.
It may happen after October. around Diwali, Pandey said in the interview. ....

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Jindal Aluminium sees better export prospects on demand from emerging markets

Jindal Aluminium sees better export prospects on demand from emerging markets
By
Rituraj Baruah ( IANS)
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Published on
Sun, Jan 10 2021 16:51 IST
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Aluminium products maker Jindal Aluminium Ltd has not witnessed any pandemic impact on its exports and the international demand is expected to grow with the emerging markets, said Pragun Jindal Khaitan, Vice-Chairman & Managing Director of the compan. Image Source: IANS News
New Delhi, Jan 10 : Aluminium products maker Jindal Aluminium Ltd has not witnessed any pandemic impact on its exports and the international demand is expected to grow with the emerging markets, said Pragun Jindal Khaitan, Vice-Chairman & Managing Director of the company. ....

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