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insolvency: arun jagatramka's gujarat nre coke proposes revival scheme




in one of the first cases, arun jagatramka, promoter of gujarat nre coke, has proposed a revival scheme under the companies act, 2013, even as the firm is undergoing liquidation under the insolvency and bankruptcy code (ibc). the scheme has been proposed under section 230 of the companies act, 2013,...



vigilant eye on conduct of insolvency professionals: ibbi chief m s sahoo




insolvency and bankruptcy board keeps a "vigilant eye" on the conduct of insolvency professionals and prompt actions, including cancellation of registration, can be taken against them for misdemeanours, its chief m s sahoo said. his comments come against the backdrop of concerns expressed about the ...



govt planning to restrict pet coke imports: dharmendra pradhan




union petroleum and natural gas minister dharmendra pradhan on saturday said the government is planning to curb the imports of petroleum coke, also known as 'pet coke', which is believed to be a major polluter. the statement follows reports that us-based oil refineries are exporting pet coke -- a ca...



gujarat becomes first state to launch subsidised png for bpl families




on its foundation day, gujarat became first in the country to offer subsidised piped natural gas (png) to households falling under the below poverty line (bpl) in bharuch. in what is being launched a pilot project, the new png/lng sahay yojana may see replication in other parts of gujarat as well as...



diet coke attempts to woo millenials with new branding and flavors — food news




diet coke is going through some huge changes. coca-cola just announced that its beloved zero-calorie coke is getting a massive overhaul that includes a brand-new design, marketing campaign, and four new flavors. read more »



parliament passes insolvency & bankruptcy code amendment bill




finance minister arun jaitley on tuesday said the government has entered into an unchartered territory as far as bankruptcy and insolvency code is concerned and would continue to modify the law dealing with the issue. "insolvency and bankruptcy is an area in which it is only in the recent years that...



resolving individual insolvency cases a distant dream




the erstwhile regulatory system for liquidation or resolution or reconstruction of sick companies operated under fragmented laws. the insolvency and bankruptcy code can be regarded as a path-breaking legislation which consolidates and amends the laws relating to insolvency of incorporated entities, ...



coca cola: coke zero sugar inspires fun internet reactions




the taste of a coke zero drinks that have long distinguished the zero-calorie soda from its classic full-sugar and diet counterparts will soon be done for good.the massive soda company announced wednesday that it will start selling coca-cola zero sugar in august, and the new drink option will featur...



essar steel insolvency case: from rbi notice to denial of relief by gujarat




bs web team  |  new delhi  july 20, 2017 last updated at 20:15 ist



insolvency case: essar steel 'suppressed facts', says sbi to gujarat hc




press trust of india  |  ahmedabad  july 13, 2017 last updated at 23:07 ist



essar steel knew of insolvency move: rbi to gujarat high court




vinay umarji  |  ahmedabad  july 13, 2017 last updated at 02:38 ist



gujarat hc to hear essar steel's plea to stay insolvency proceedings today




vinay umarji  |  ahmedabad  july 7, 2017 last updated at 16:06 ist



news digest: election results, stressed assets, frdi bill, and more




people rejected attempts to infuse 'poison of casteism' in gujarat: modithe bharatiya janata party (bjp) secured its sixth consecutive win in gujarat on monday and wrested himachal pradesh from the congress. prime minister narendra modi said these were a victory for the politics of “good governanc...



made mistake by supporting narendra modi as pm: arun shourie




bjp leader and former minister arun shourie on friday said he had made a "mistake" by supporting narendra modi to be the prime minister. this, he said, was his second mistake after supporting v p singh who led a janata dal government supported by the bjp and left parties from outside. "i made two mi...



coke, woolies and the battle for brands




can brands survive the rise of the retailer?"a funny thing happened on the way to the supermarket" probably isn't how coke's sales manager began his explanation to his bosses.. but it might well have been. will big brands such as coke get squashed by increasingly powerful retailers? photo: michael ...



sc asks up, raj, haryana to ban use of pet coke, furnace oil




the supreme court today directed the governments of uttar pradesh, haryana and rajasthan to ban the use of pet coke and furnace oil in the industries and made it clear that their failure to do so would force it to ban these materials from november 1.a bench of justices madan b lokur and deepak gupta...



news digest: ibc tweak, shell firms, gujarat elections, and more




insolvency and bankruptcy code: lenders, bidders split on assets valuation lenders and prospective bidders are having a serious difference of opinion on the valuation of toxic assets, to be auctioned under the modified insolvency law. while the lenders are insisting that resolution professionals get...



theresa rowley, 104, drinks a diet coke every day




research has shown that drinking coffee may help you live longer — but if one 104-year-old michigan woman is any indication, another caffeinated beverage may actually hold the secret to longevity.theresa rowley, who celebrated her 104th birthday in her grand rapids retirement community on jan. 1, ...



sc asks jaypee to deposit rs 10 bn more by june 15 for refund to homebuyers




the supreme court today asked realty firm jaiprakash associates limited (jal) to deposit an additional rs 10 billion with its registry by june 15 to provide refunds to the hassled home buyers. on submission of this amount, the liquidation proceedings against jaypee infratech limited (jil), a subsidi...



don't look for ready-made solutions: ibbi chief to insolvency professionals




sending out a strong message, insolvency and bankruptcy board of india (ibbi) chairperson m s sahoo today said insolvency resolution professionals should not look for "ready-made solutions" and desist from overcharging for their services. his remarks come against the backdrop of concerns about the c...



govt proposes changes in udan scheme




in a bid to further boost intraregional connectivity, the government is contemplating modifications in the recently launched udan scheme to allow flights between two unconnected cities even if both have functional airports.at present, at least one of the destination points should be an unserved or u...



jaitley made in-charge of guj, javadekar gets k'taka




bjp chief amit shah today appointed union finance minister arun jaitley in-charge of the gujarat assembly polls while handing the responsibility of karnataka to hrd minister prakash javadekar.the gujarat assembly elections are likely to take place later this year. elections in karnataka are likely t...



budget 2018: jaitley's rs 500,000 health scheme for 500 mn ahead of polls




finance minister arun jaitley on thursday announced a flagship national health protection scheme, which would provide health insurance cover of rs 500,000 each to about 100 million poor families. the new scheme, billed as the biggest government-funded health insurance programme, appears to be an ext...



modi govt eases eligibility of scheme that rewards inter-caste marriages




ahead of gujarat polls, the modi government has eased a key eligibilty criterion of a scheme that awards rs 2.5 lakh to newy married couples when one of the spouses belongs to the dalit community, the indian express reported. until now, only those couples who had income below rs 5 lakh could avail t...



ifc to fund ibbi for new insolvency reform implementation in india




ifc, a member of the world bank group, will support the insolvency and bankruptcy board of india (ibbi) in strengthening the implementation of india's new insolvency and bankruptcy framework, the insolvency and bankruptcy code (ibc), 2016. the funding focuses on four key areas including capacity bui...