At IBBI-FICCI huddle in New York, Arun Jaitley says bankruptcy code-led stressed assets sale 'great opportunity for foreign investors'

-
India's finance minister Arun Jaitley, principal economic advisor Sanjeev Sanyal and Chairman of the Insolvency and Bankruptcy Board of India (IBBI) M S Sahoo made a strong pitch for turbocharging foreign investment in Indian companies' stressed assets that will be going up for sale in the coming months.

from Latest News India on Firstpost https://ift.tt/2RBfhXJ
Nikhila Natarajan

Comments

Post a Comment

Popular posts from this blog

Song on millets featuring PM Modi gets Grammy nomination

-
Image
A special song on millets featuring Prime Minister Narendra Modi has officially been nominated for this year’s coveted music award Grammy under the best global music performance category. The song called ‘Abundance of Millets’ is sung by Mumbai-based singer Falguni Shah, popularly known by her stage name Falu, and her husband Gaurav Shah. It highlights the health benefits of millet. The song features PM Modi’s speech on the benefits of millet. The year 2023 has been designated as the “International Year of Millets” after a proposal for it was brought forward by India and endorsed by the members of the United Nations’ Food and Agriculture Organisation (FAO) governing bodies as well as the 75th Session of the UN General Assembly. Ahead of the song’s release this year, Falu said, “Prime Minister Modi has written a song with me and my husband Gaurav Shah.” The “Abundance in Millets” track featuring Modi was released in June in celebration of the “International Year of Millets”. “Abun...
Read more

Who is ‘Jharkhand Tiger’ Champai Soren, set to replace Hemant Soren as CM?

-
Image
There was action and drama in Jharkhand on Wednesday night. Hemant Soren, the state’s chief minister, resigned from his post, and was subsequently arrested by the Enforcement Directorate. And amid this drama, Hemant Soren’s party, the Jharkhand Mukti Morcha (JMM), appointed Cabinet minister and veteran leader Champai Soren as the new state head. Champai Soren met Governor CP Radhakrishnan and staked claim to form the new Jharkhand government, claiming support of 47 MLAs. To form the government, the ruling alliance needs 41 MLAs and presently it has numbers above the magic figure. The ascension of Champai Soren comes at a time when there was heavy speculation that Hemant Soren would install his wife, Kalpana Soren , at the seat of power. As we wait for the swearing-in of Champai Soren, we take a closer look at who he is and how we got here. Champai Soren — the Jharkhand Tiger Champai Soren, the transport minister in the Hemant Soren government, has been a long time member of the JM...
Read more