FICCI is happy to note that the Bankruptcy Law Reform Committee has placed the Draft Insolvency and Bankruptcy Code, 2015 in public domain for comments. “This is a much awaited reform which has remained pending and would bring greater legal certainty and speed in closure of businesses which need winding up due to genuine reasons. This will be a huge boost for banks and will also be critical for development of a corporate bond market in India”, said Dr. A Didar Singh, Secretary General, FICCI.
Rajasthan state Handloom Development Corporation (RHDC), central department of Handlooms and Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday started a [ Read more ]
Punj Lloyd expects to bag its maiden defence order for upgrading Zu23 air defence guns worth Rs 400 crore in a month’s time, a [ Read more ]
Corrosion (a naturally occurring phenomenon) can cause damage to everything from automobiles, drinking water systems to pipelines, bridges, factories and public buildings etc. It [ Read more ]
Industrial production growth unexpectedly recovered into the positive zone in May after shrinking in the previous month, but the muted growth showed just a [ Read more ]
The Prime Minister’s Office (PMO) convened a meeting on promoting Make in India in the Medical devices sector in India. Office bearers of the [ Read more ]