India’s environmental future is bleak. India is unlikely to survive the 21st century climate nightmare unless the government realises that the health of the environment matters more than the health of private businesses. Any strong environmental governance system is incomplete without tools that allow citizens to hold decision-makers, law enforcers and expert appraisers accountable. … [Read more...] about Scrapping EIA 2020 not enough to save India
Puri constructions private limited
Private power transmission company Sterlite Power Grid Ventures Limited, the sponsor of infrastructure investment trust (InvIT) India Grid Trust (IndiGrid) has launched a sale of units to raise Rs 825 crore to Rs 850 crore, multiple sources with knowledge of the matter told Moneycontrol. Private equity firm KKR and GIC also back IndiGrid, the country’s only publicly listed InvIT in the power sector. … [Read more...] about Exclusive: Indigrid sponsor Sterlite launches unit sale to raise up to Rs 850 crore
This would not be fair to drag companies now in IBC that were hit by this shock, otherwise good and profitable companies. Every effort will be made to ensure that the productive capacity of the economy is not impaired, as a result of the one-time shock. This does not mean, cases from before, which were not viable, they don't have to go through IBC process,, they do. After arrangement of things we make, there will be some cases, where we will have to allow them to go through IBC process at future date. It is a art of the restructuring of the economy. Cannot be kept at bay for long. But as I said this one time shock should not cause a cascade that ends up and jams IBC process. so keeping both things in mind, a reasonable path will be found and so the IBC process remains in medium 7 long term the back bone of our ability to deal with non performing assets. But, yes one time sort of arrangement may be done. we have to be careful that we do not allow too much of … [Read more...] about Exclusive I Sanjeev Sanyal on economic recovery, IBC, financial doles, gold monetisation scheme and more
So far, regulations that allow a grace period for payment do not categorise this event as default. MFs have been active this time to write down the delayed amount in NAV values. It remains to be seen whether Dewan group can pay for the shortfall or it becomes another IL&FS saga. … [Read more...] about DHFL Crisis: With mutual funds on wait-and-watch for payments, will SEBI step in?
Terming the draft EIA as “disastrous”, Gandhi said the novel coronavirus pandemic “should have made the government reflect and reconsider its environmental and public health governance”. However, she said, the Environment Ministry “is handing out clearances during the lockdown without proper public consultations.” … [Read more...] about Sonia Gandhi slams Centre over draft EIA, says govt ‘must stop dismantling India’s environmental regulations’