The Insolvency and Bankruptcy Code, 2016 was a huge success in solving corporate insolvency in India. The promoters who were exploiting the loopholes of the legal system and did not pay ...
Jet Airways, the airline company that was grounded two years ago, would be able to fly again, thanks to Insolvency and Bankruptcy Code. The Committee of Creditors (CoC) of Jet Airways ...
India had ‘socialism without entry’ before economic liberalization in the early 1990s. This had a negative impact on the economy and gave ‘Hindu rate of growth’ to the country. The problem ...
Hundreds of promoters who argued that they do not have money to pay back the loans to banks are now lining up to pay their dues. Now suddenly money fell in ...
The cultural change in how businesses work in the country is visible after the implementation of Insolvency and Bankruptcy Code (IBC). Earlier the lenders had to chase borrowers to ask back ...
Reserve Bank of India (RBI), which is the central bank of India, looks after many tasks like financial supervision of the country, managing foreign exchange, issue of currency and detection of ...
Amidst the megaton explosions of Demonitization and GST roll-out, crackle of Insolvency and Bankruptcy Code (will be addressed as IBC henceforth) has taken a back seat. Had it been passed in ...
It needs desire and ambition to make a business successful. However, achieving success often leads to greed, which can further drown the enterprise in the trenches. The greed to dominate the ...
Suzanna Arundhati Roy, the grandmother of the Urban Naxals in India, in her book 'Capitalism - A Ghost Story’, called the neoliberal capitalist economic model a mutant variety of colonialism. She ...
We are going to talk about the Full Form of AIIB and What is AIIB? There are various categories where the AIIB is being used on a daily basis so we ...
Another big scam has come to light in the country. This scam is bigger than the one by Vijay Mallya (9,000 crore rupees) and Nirav Modi (14,000) with estimated fraud of ...
For the last three decades since economic liberalization, India had a very peculiar kind of economic growth, driven by the services sector and high-tech industries. Indian expanded its services sector exponentially ...
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