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Cabinet's changes to bankruptcy law spark hope for improved, faster resolutions

General

18 July, 2019

Cabinet's changes to bankruptcy law spark hope for improved, faster resolutions

The Cabinet’s approval of several changes to the bankruptcy law, such as increasing the resolution period to 330 days and ......

CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry

Finance

18 July, 2019

CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry

India's CARE Ratings Ltd has placed Chief Executive Officer Rajesh Mokashi on leave until further notice, the company said late ......

Dewan Housing Finance says facing substantial stress, may not survive

Finance

15 July, 2019

Dewan Housing Finance says facing substantial stress, may not survive

One of India’s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on Saturday that its financial situation ......

Budget 2019: RBI to get more powers; NBFCs receive a lifeline

Finance

05 July, 2019

Budget 2019: RBI to get more powers; NBFCs receive a lifeline

The government will give greater power to the central bank to regulate mortgage lenders and non-banking financial companies, as it ......

SEBI tightens credit rating norms after defaults, downgrades

Finance

14 June, 2019

SEBI tightens credit rating norms after defaults, downgrades

India’s market regulator on Thursday ordered enhanced disclosure norms for credit rating agencies in an effort to increase transparency as ......

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Why CARE Ratings is on the radar of global ratings giants

Finance

13 July, 2017

Why CARE Ratings is on the radar of global ratings giants

Credit ratings firm CARE Ratings Ltd seems to have one suitor too many.Late last month, global ratings firm Standard & ......

Moody's-controlled ICRA to sell software unit to Nihilent Technologies for $10 mn

TMT

05 August, 2016

Moody's-controlled ICRA to sell software unit to Nihilent Technologies for $10 mn

Credit rating firm ICRA Ltd said on Friday it has struck a deal to sell its software development arm, ICRA ......