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Liquidation Proceedings Of Financial Service Providers

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Nirmalaji And Why I Quit The Government

 She said I treated her like a bachchi.At another moment, she said I had gone to various people and 'bitched' about her.She also threatened to bring the entire matter to the PM's notice.A revealing......

No-trust vote against Modi govt defeated 325-126

 Prime Minister Narendra Modi-led National Democratic Alliance government sailed through its first floor test in Lok Sabha by defeating the no-confidence motion moved by Telugu Desam Party on......

Debt-hit fin service providers get a lifeline

 The government on Friday notified the rules for insolvency and liquidation proceedings of financial service providers (FSPs). These rules, notified by the ministry of corporate affairs, will not be......

RBI supersedes board of Reliance Capital; appoints administrator

 The Reserve Bank on Monday superseded the board of Anil Ambani promoted Reliance Capital Ltd (RCL) and will shortly initiate bankruptcy proceedings against the debt-ridden NBFC in view of payment......

Singapore court grants WazirX four-month moratorium

 A Singapore court on Thursday granted a four-month moratorium to Indian cryptocurrency exchange WazirX, a period which the embattled firm will use to restructure its business without worrying about......

Reserve Bank supersedes boards of Srei firms

 The Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over governance and payment defaults, and decided to refer the two......

Thomas Cook sells Indian arm stake to Fairbridge

 UK-based travel services provider Thomas Cook Group plc will sell for Rs 817.4 crore (Rs 8.17 billion) its entire 77 per cent holding in the Indian arm to Fairbridge Capital (Mauritius) Ltd, a......

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