 "Top 10 business headlines: IBC amendment, Pawan Hans stake sale, & more")
Changes in IBC will allow provision for mediation to cut costs, time
The government is planning changes in the Insolvency and Bankruptcy Code (IBC) to insert a provision for mediation to cut costs and the time taken to resolve cases.
The review of the IBC will enable the government to put in place a mechanism for pre-packaged resolution, an individual bankruptcy scheme, and use of artificial intelligence. Read more here
No takers for Pawan Hans; govt's divestment plan fails for second time
The government’s ambitious disinvestment plan has faced yet another setback as public sector aviation firm Pawan Hans failed to attract
