All stories by Ruchika Chitravanshi
Despite multiple Covid deaths, UP villages in denial
Rediff.com1 Jun 2021Hardly anyone wears a mask and most brush off concerns over a pandemic. It is not just scepticism over the existence of the pandemic. A common refrain across villages is the fear of vaccines, reports Ruchika Chitravanshi.
'India must do 7 million vaccinations a day'
Rediff.com22 May 2021'If you approached it with that level of aggression in 100 days, you would have vaccinated more than half of your country.' 'On a mass scale you will be able to eliminate that wave.'
Sputnik V vaccine to be available in India from next week: Govt
Rediff.com14 May 2021India is expecting 156 million doses of the vaccine from August to September, reports Ruchika Chitravanshi.
Covid deaths could touch 1 million by August: Lancet
Rediff.com8 May 2021If that outcome were to happen, the Modi government would be responsible for presiding over a self-inflicted national catastrophe.
Early signs of COVID-19 surge cooling in 13 states and Union Territories
Rediff.com4 May 2021But the numbers have continued to rise in 23 states including Bihar, Goa, Andhra Pradesh, Tamil Nadu and Kerala.
IBC: 'Defaulters' paradise is lost'
Rediff.com30 Mar 2021'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.'
Independent directors of loss-making firms must be paid: Govt
Rediff.com20 Mar 2021Till now, there was no provision in the Companies Act that allowed a remuneration for the non-executive director if the company was in loss or had inadequate profits. Only the executive director was entitled for a remuneration in the event of a loss.
Stressed firms must get ready for bankruptcy proceedings
Rediff.com18 Mar 2021With just a few days left for the suspension on fresh corporate insolvency cases to end, government sources have indicated that another extension is unlikely. An extension may not be economically desirable as it hampers the restructuring prospects for stressed companies, according to senior officials. Also, it would be a challenge to amend the law in such a short time. A Bill would have to be passed in both Houses of Parliament, if any change, with respect to suspension of Insolvency and Bankruptcy Code (IBC), is to be made - including extension or creating any exceptions to the rule.
How the new Companies Act will affect Tata Sons, Bharti Telecom
Rediff.com22 Feb 2021Companies such as Tata Sons and Bharti Telecom, which are unlisted but have listed subsidiaries, may soon have to file periodic financial statements with the registrar of companies under the new provision of the Companies Act. The provision requires greater financial disclosures by a certain category of unlisted companies.
After a year of Covid, India may not face a second wave
Rediff.com9 Feb 2021Epidemiologists point out that if there is no second wave, it means that the number of infected has surpassed the uninfected, reports Ruchika Chitravanshi.
Despite Covid, registration of new companies went up in 2020
Rediff.com24 Jan 2021Moreover, 5,611 companies struck off earlier by the ministry of corporate affairs because of compliance-related lacunae, were registered again.
Trusts, societies have to register with MCA by April 1
Rediff.com23 Jan 2021Corporate social responsibility rules that kicked in on Friday also set a three year time-limit for any CSR project, among a series of other amendments introduced by the government.
Covaxin has tolerable safety: Lancet
Rediff.com23 Jan 2021The vaccine was well tolerated in all dose groups with no vaccine-related adverse events.
Govt proposes phase-wise pre-packed insolvency process
Rediff.com18 Jan 2021A draft proposal by the sub-committee of the insolvency law committee has recommended that the corporate debtor (CD) may initiate the prepack since it may prove difficult to implement if creditors are allowed to do so without the willingness of the promoter.
'Vaccine is far safer than getting Covid'
Rediff.com16 Jan 2021'I would go for Bharat Biotech's Covaxin and not Covishield, and that is my personal judgment since at least 11,500 have got at least one dose by now and it has proven to be safe.'
Nod for Covid vaccine in next few days: Serum Institute's Poonawalla
Rediff.com29 Dec 2020The Serum Institute of India has stockpiled 40 mn-50 mn doses and is adding more every week. Most of these will come to India.
'Unprecedented vaccine trial in India'
Rediff.com23 Dec 2020Bharat Biotech recruited 13,000 participants for the Phase-3 clinical trial of Covaxin. This is one of the largest efficacy trials held in the country.
COVID-19: How to get vaccinated
Rediff.com19 Dec 2020For vaccination, online registration is mandatory. Thereafter, eligible beneficiaries will be informed on their registered mobile number about the nearest vaccination facility, and the date and time of vaccination.
More than 60% of bankruptcy proceedings led to liquidation in Q2
Rediff.com16 Dec 2020Experts say this further underlines the lack of investor interest in stressed assets at present.
Govt to decriminalise provisions of LLP Act
Rediff.com23 Nov 2020One of the changes being proposed is allowing LLPs to issue non-convertible debentures.