Registration norms for insolvency professionals get a makeover

Registration norms for insolvency professionals get a makeover

NEW DELHI, India MARCH 30 The Insolvency and Bankruptcy Board of India (IBBI) has sought to streamline the process and criteria for registration of an insolvency professional (IP), seeking to institutionalise this important pillar of the Insolvency and Bankruptcy Code (IBC). Insolvency resolution professionals determine the life and death of a company in the insolvency […]

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Innovative Air-to-Water system arrives in the UAE

Innovative Air-to-Water system arrives in the UAE

Innovative Air-to-Water system arrives in the UAE Abu Dhabi, March 14, 2018: A pioneering technology that provides a cost-effective and sustainable source of mineralized drinking water by harnessing the humidity from the air has been officially launched commercially in the Middle East. Veragon Water Solutions’ innovative Air-to-Water system provides potable water in hot or tropical […]

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I-T officials question PNB’s top brass on Nirav Modi scam

I-T officials question PNB’s top brass on Nirav Modi scam

The top brass of the scam-hit Punjab National Bank (PNB) were questioned at the bank’s head office by Income Tax sleuths pursuing the ₹11,400-crore Nirav Modi scam. Senior income tax officials quizzed PNB’s Managing Director Sunil Mehta and the Executive Directors at the bank’s swank new head office at Dwarka on Tuesday, sources close to […]

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Make in India competition: Saab to tie up with Adani Group to build fighter jets

Make in India competition: Saab to tie up with Adani Group to build fighter jets

Speaking at the press conference to announce the deal, Adani said that they were keep to play a role in making India a place for high-class defence manufacturing. Months after LockheedMartin declared it would build F-16s in India with the Tata Group, rival Saab of Sweden has declared its intention to build fighters planes with […]

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Vishal Sikka resigns as MD and CEO of Infosys; UB Pravin Rao given interim charge

Vishal Sikka resigns as MD and CEO of Infosys; UB Pravin Rao given interim charge

Infosys appoints U B Pravin Rao as Interim-Managing Director and Chief Executive Officer In a major development, Vishal Sikka on Friday resigned as Managing Director (MD) and CEO of the IT-giant Infosys. Sikka has now been appointed as executive vice-chairman. UB Pravin Rao has been appointed as interim MD and CEO with immediate effect. The […]

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