Patanjali gets control of Ruchi Soya for Rs 4,350 crore Read more at: //economictimes.indiatimes.com/articleshow/70383539.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
In the next three-four months, resolution timelines under the Insolvency and Bankruptcy Code (IBC) will be better adhered to, said corporate affairs secretary Injeti Srinivas. Prepackaged group insolvencies, which involve agreeing to a resolution plan before declaring bankruptcy, could also be attempted, he told ET in an interview. Excerpts: How do you see progress in […]
1. Form 16- Basics:- Form 16 is a certificate issued by an employer evidencing the TDS which is deducted from your salary and deposited with the authorities. It contains the information you need to prepare and file your income tax return. It is issued annually, on or before 15th June of the next year, it […]
A popular solution for a long-term loan has always been Loan Against Property (LAP). LAP can simply be defined as borrowing a large sum of money from an institute such as a bank by vouchsafing your property to the bank. The LAP is seen as a viable option for borrowing cash as the valuation of […]
STRESS ASSET MANAGEMENT FOR THE ASSET OWNER Any Asset can be considered as stressed if the revenue it generates is not able to meet all its expenses. These can be broadly classified into two. 1 OPERATING STRESS : If the asset is not able to generate enough revenue even to take care of its operating […]