insolvency

Resolving bad loans in India: Insolvency resolution should efficiently redeploy assets. Bankers must bring commercial acumen to negotiations, not bureaucratic rigidity

Following commercial wisdom will be game changer for resolving bad loans

Business Standard

Ahmedabad (Gujarat) [India], December 21: Latteys Industries Limited, an NSE-listed leader in energy-efficient solar submersible pumps, has announced remarkable financial results for the Quarter and Half Year ending September 2024.

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

New Delhi [India], December 21: Whispering Earth's MyEcoTour has been awarded the coveted MSME INDIA 5000 Award for the year 2024. MyEcoTour is a luxury travel service provider based in Mumbai, India. It offers mindful and immersive travel experiences worldwide, prioritizing eco-conscious practices and carbon footprint reduction. This award is a stamp of their quality standards, exceptional customer service and commitment to society.

Whispering Earth\'s MyEcoTour Wins MSME INDIA 5000, Year 2024 Award

New Delhi [India], December 21: Surya Sarees, Delhi's renowned ethnic fashion house, celebrates World Saree Day 2024 with grandeur, grace, and an unwavering commitment to India's sartorial heritage.

Surya Sarees Celebrates World Saree Day 2024: A Tribute to Tradition and Timeless Craftsmanship

AAP leader Manish Sisodia on Saturday announced an internship named after him, aimed at providing city's youths with hands-on experience in leadership, public engagement, and election campaigns.
According to a statement, 'Internship with Manish Sisodia' offers college students and young professionals an opportunity to work closely with his team during the upcoming Delhi Assembly election.
"If you are interested in leadership and want to understand how leaders think, work, and run election campaigns, this program is for you," Sisodia said, according to the statement.
"It will provide insight into how public issues are addressed, teams are built, and meaningful dialogue with citizens is conducted. I welcome the youth of Delhi to join my election class and work alongside me during this campaign," he added.
The internship will be effective from the date of shortlisting until February 28, 2025, or the end of the Delhi Assembly elections 2025, whichever is earlier, the statement said.
T

Manish Sisodia

New Delhi [India], December 21: Tis the season for whipping up famed family holiday recipes and serving special, homemade holiday desserts. With so many treats surrounding us this time of year, it's easy to accidentally overindulge. Combine the loads of delicious food with cold weather and a lack of regular sleep and exercise (not to mention the stress of the times we are living in), and you might find yourself headed straight to sniffle town.

How to Stay Healthy During the Holidays

Stay with us for all the major news updates from around the world

Nirmala Sitharaman, Nirmala

GST Council addresses disaster levy, clarifies tax exemptions, and revises ITC norms, while deferring insurance premium GST cut and key rate rationalisation decisions

GST council meeting

Bihar's Deputy Chief Minister Samrat Chaudhary said another meeting of the GoM is scheduled for January before the proposal is reintroduced to the GST Council

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Kejriwal, Arvind Kejriwal

PM Modi will embark on a historic Kuwait visit, marking the first by an Indian PM in 43 years, aiming to boost ties in trade, energy, investment, and cultural exchanges

Narendra Modi, modi

Trump's remarks on India, made just weeks after he pledged to increase tariffs on imports from Mexico, Canada, and China

Donald Trump, Trump

The dispute comes at a time of growing trade tensions between the world's two biggest economies after President Joe Biden's administration placed new restrictions on the Chinese chip industry

TikTok

Also, a report by Infomerics Ratings showed that in the last five financial years WPI rose by 24.3 per cent over the past 5 years

As ethanol emerges as a source of alternative revenue for sugar companies due to differential pricing formulas and fixed buying by oil marketing companies, bio-plastics or Polylactic Acid (PLA)-based plastics are also gradually becoming a new avenue

IIFCL Rs 1,290 crore in two tranches with varying maturities

Banks mobilise Rs 8 trn via CDs  in FY25 so far

Senores Pharmaceuticals Ltd on Wednesday said it has fixed a price band of Rs 372-391 per share for its Rs 582-crore initial public offering (IPO) that opens for subscription on December 20.
The initial share-sale will conclude on December 24, the company announced.
The Ahmedabad-based company's IPO is a combination of fresh issuance of shares worth Rs 500 crore and an offer for sale (OFS) of up to 21 lakh shares valued Rs 82.11 crore, by promoters and other selling shareholders, at the upper end of the price band.
The public issue includes a reservation of 75,000 shares for employees.
Proceeds from the fresh issue will be utilized for setting up a manufacturing facility for production of sterile injections in its Atlanta facility; funding the working capital requirements of the company and its subsidiaries, supporting inorganic growth through acquisition and other strategic initiatives and payment of debt. Besides, a portion will be used for general corporate purposes.
The compan

IPO rush, market

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

Mumbai ferry accident: An FIR was filed at the Colaba police station in south Mumbai under relevant sections of Bharatiya Nyaya Sanhita (BNS) against the Navy speedboat driver

Capsize, Mumbai Capsize, Boat Capsize

Prime Minister Narendra Modi on Wednesday condoled the loss of lives in a boat accident off the Mumbai coast and announced an ex-gratia of Rs 2 lakh for the next of kin of each deceased.
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
At about 4 pm, a Navy craft undergoing engine trials lost control and collided with passenger ferry Neel Kamal off Karanja near Mumbai, the Navy said in a statement. The ferry was carrying passengers from the Gateway of India to Elephanta Island, a popular tourist destination.
"The boat mishap in Mumbai is saddening. Condolences to the bereaved families. I pray that the injured recover soon. Those affected are being assisted by the authorities," Modi was quoted as saying by his office in a post on X.
"The Prime Minister has announced an ex-gratia of Rs 2 lakh from PMNRF for the next of kin of each deceased in the boat mishap in Mumbai. The injured would be given

Modi, Narendra Modi

Shares of SpiceJet rallied up to 7.85 per cent at SpiceJet per share on the BSE in Thursday's intraday deals

Spicejet

The Trump administration has earmarked clearly three areas on the basis of which it will determine trade negotiations. One clearly is to look at ways to reducing its trade deficit with some countries

Bikash Jhawar

Bikash Jhawar

Bikash Jhawar

Following commercial wisdom will be game changer for resolving bad loans

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Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

Whispering Earth's MyEcoTour Wins MSME INDIA 5000, Year 2024 Award

Surya Sarees Celebrates World Saree Day 2024: A Tribute to Tradition and Timeless Craftsmanship

Former Delhi education minister launches 'Internship with Manish Sisodia'

How to Stay Healthy During the Holidays

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News updates: GST Council has deferred decisions on tax rates on food delivery platforms, says FM

55th GST Council takes key decisions, defers rate cuts on insurance premium

GST Council defers decision to reduce tax on health, life insurance

Kejriwal launches Dr Ambedkar scholarship amid row over Amit Shah's remarks

Modi's Kuwait trip first by an Indian PM in 43 yrs; focus on trade, defence