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News digest: IBC auctions, Bitcoin tax, coal blocks, Oberoi Delhi, and more

From IBC auctions to Rahul Gandhi as Congress president, BS brings you top stories to keep up with the latest news

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BS Web Team New Delhi
IBC auctions: Stressed unlisted firms may get tax incentives
 
Transfer of shares of unlisted stressed companies at a price below its fair market value might soon be exempt from the tax net, according to the government’s plans. The move, if implemented, would bring down the cost of investment and benefit buyers. Fair market value is the company’s adjusted book value. Read more
 
Output woes continue at auctioned coal blocks
 
The production from coal blocks, awarded through the first auction in the country three years ago, continues to be very low. In the case