The National Company Law Appellate Tribunal (NCLAT) on March 2, 2023 allowed a petition filed by lenders of Reliance Capital, seeking another round of auction for the debt-ridden firm undergoing insolvency proceedings. A two-member Bench set aside an order passed by NCLT and said the Committee of Creditors (CoC) has the power to negotiate and […]
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Andhra Pradesh is the third most popular tourist destination for domestic travellers attracting 14% of national footfalls. It reported 93.2 million domestic tourist visits in the year 2021, despite the impact of COVID-19 pandemic. “A.P. has emerged as the third most visited State and most visited for religious tourism in the country and offers a […]
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Bharatiya Janata Party Telangana State president Bandi Sanjay Kumar ridiculed the claim of Telangana Industries Minister K.T. Rama Rao that the value of life sciences industry in Hyderabad would go up to US$ 250 billion (₹ 20 lakh crore) by 2030 and said it would be much more if the corrupt practices of KCR government […]
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Representational image of Securities and Exchange Board of India (SEBI) headquarters in Mumbai | Photo Credit: Reuters Capital markets regulator SEBI has proposed allowing mutual funds to introduce five new categories under ESG (environmental, social and governance) scheme. The five new categories should be exclusions, integration, best-in-class and positive screening, impact investing and sustainable objectives. […]
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