Business

Surge in deepest guarantor cases below IBC

Personal guarantors of loans taken by bankrupt companies are in the dock as lenders are increasingly invoking such guarantees under the Insolvency and Bankruptcy Code (IBC).In the first three quarters of the ongoing fiscal 2023, National Company Law Tribunals (NCLTs) have admitted 117 such cases against personal guarantors…

Published

1 year ago

February 23, 2023

Shrishti

Surge in deepest guarantor cases below IBC

Interior most guarantors of loans taken by bankrupt companies are in the dock as lenders are increasingly extra extra invoking such ensures below the Insolvency and Financial destroy Code (IBC).In the most fundamental three quarters of the continuing fiscal 2023, Nationwide Company Law Tribunals (NCLTs) have confidence admitted 117 such cases against deepest guarantors…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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