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New Delhi, Wednesday, July 23, 2014

RBI working on bankruptcy exit system

In the absence of a good bankruptcy code in India, Reserve Bank is working on a system to enable entrepreneurs seeking to exit insolvent business, a top official of the apex bank said.“We h... »
More on bankruptcy AND: central bank
NIZAMABAD, Wednesday, July 16, 2014

Light at the end of the tunnel for NCSF

With duty exemptions on sugar and restrictions on imports in the budget, things are looking up for Nizamabad Cooperative Sugar Factory. In its heydays, it had 21,800 shareholding farmers who used to cultivate sugarcane in 40,000 hectares in Navipet, Nandipet, Makloor, Renjal, Yedapally, Nizamabad, Dichpally and Darpally mandals. »
More on bankruptcy AND: company informationeconomy, business and financefinancially distressed companygovernment contractindustrial productionplant openingrestructuring and recapitalisation
VISAKHAPATNAM, Thursday, June 26, 2014

Union to move SC for reopening of jute mill

The unit located near Tagarapuvalasa closed in 2009. Owing to the prolonged closure, several workers moved to Vizianagaram, Nellimarla, Srikakulam and other places in search of jobs in jute mills there. »
More on bankruptcy AND: company informationeconomy, business and financefinancially distressed companylayoffs and downsizingmanagement changeplant closing
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