Page 66 - Ruchika Chitravanshi

India's health spend low, needs to be made priority: Niti Aayog's V K Paul

Says competing priorities have subdued it, Calls for raising spend to 8% of budget

IBBI allows transfer of illiquid assets and debt for quicker case closure

The rules come at a time when the liquidation process takes much longer than envisaged under IBC

Covid-19 vaccine unlikely before early or mid-2021: WHO Southeast Asia head

Even the front-runners among vaccine companies would take at least a few months to complete Phase-III trials and evaluate the efficacy and safety of individual vaccines

Pfizer vaccine's -70 degree storage norm tough for most nations: V K Paul

Limited number of doses would not be enough to meet India's demand, adds Niti Aayog member

Govt to decriminalise provisions of LLP Act in upcoming Winter Session

One of the changes being proposed is allowing LLPs to issue non-convertible debentures (NCDs), a senior government official told Business Standard

Amit Shah calls for adding 300 ICU beds, doubling tests as Delhi cases rise

Home minister has also asks health ministry and Delhi govt to ensure proper supply of high flow nasal cannulas and bi-pap machines within 48 hours

Covid winter sparks scramble for pvt hospital beds in Delhi, Mumbai stable

Delhi reels under a strong second wave of infections with daily tally of over 8,000 cases, Mumbai seems to be breathing easy with almost one-eighth that number

Infant mortality rose after DeMo, Covid may cause another setback: Study

According to the paper, overall infant mortality increased in Chhattisgarh, Jharkhand, Madhya Pradesh and Uttar Pradesh, and stagnated for at least a year in seven other states

Govt announces Rs 900 cr towards research, development of Covid-19 vaccine

The funds for research have been allocated to the Department of Biotechnology as part of the stimulus package announced by the finance minister

Pre-packaged scheme, special rules for MSMEs in amendments to IBC

Changes likely to be tabled in Winter Session of Parliament

Govt framing rules for easy foreign listing of start-ups and MSMEs

New rules will formalise an industry practice, reduce costs of transaction

SC transfers to itself pleas challenging IBC law on personal guarantors

A three-judge Bench comprising Justices L Nageswara Rao, Hemant Gupta, and Ajay Rastogi has directed the HCs to not entertain any further writ petitions on this issue

Amtek Auto's lenders invoke personal guarantee of former promoter

The issue of personal guarantee of a corporate debtor under Insolvency and Bankruptcy Code has been challenged in various high courts

IBC rule on personal guarantees no help to promoters blaming managers

Payment of bank loans by a company is an obligation under the contract law and fraud by professionals is a criminal matter, says government official.

Cabinet approves Rs 10,000 crore project to improve dams in India

India is the third ranked country in terms of total number of dams, next after the US and China

Rising air pollution levels spell trouble for coronavirus patients

A patient with bronchitis or asthma as well as Covid can potentially make the case much more severe, doctors say

IBBI approaches SC to club all cases on personal guarantee pending in HCs

Top court likely to give its order on Thursday, has indicated it may transfer all cases to itself, according to a senior lawyer

MCA defends IBC provision on personal insolvency in Anil Ambani case

MCA is engaging with the law ministry to present the government's side of the argument

Covid-19 numbers declining; national approach needed on vaccine: NITI Aayog

India has reached a recovery rate of 90 per cent and the positivity rate has declined to around 7.61 per cent.

Under the IBC, enforcing personal guarantee remains a tall order

Insolvency law experts say that invoking personal guarantees goes against the spirit of the IBC