In a move that will safeguard real estate companies from frivolous litigation, the Supreme Court (SC) has upheld the constitutional validity of the Insolvency and Bankruptcy Code (IBC) amendment that requires at least 100 allottees, or 10 per cent of creditors, to invoke an insolvency petition against a company. A Bench of Justices R F Nariman, Navin Sinha, and K M Joseph said in its 465-page order that insisting on a threshold with regard to these categories of creditors would lead to a halt in indiscriminate litigation which could result in uncontrollable docket explosion as far as the authorities who work with the Code are concerned.
BW Businessworld
Vaccine: A Mother of All Doses
All conversations have come to be centred around the Covid-19 vaccine – from the extent and pace of the economic recovery that it is expected to help foster to its very own safety and efficacy
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Act I, Part I: Once upon a time, in Wuhan in the Hubei province of China, someone got very sick, and the ailment was identified as Covid-19. And then, it made more and more people sick every day, in Wuhan and in other parts of the world, quickly turning into a pandemic. Tens of millions came to be afflicted by the deadly coronavirus, in country after country, including India, with more than two million people succumbing to it. Today, more than a year since the first case surfaced, tens of thousands of new cases continue to be reported from different parts of the globe, fuelling neverending conversations around Covid.
The News Scroll 08 January 2021
Last Updated at 12:10 pm | Source: PTI
Shardul Amarchand Mangaldas & Co. Tops the Mergermarket League Table Rankings for India for 2020 Outlook January 08, 2021 12:10 IST Shardul Amarchand Mangaldas & Co. Tops the Mergermarket League Table Rankings for India for 2020 outlookindia.com 1970-01-01T05:30:00+0530
(Eds: Disclaimer: The following press release comes to you under an arrangement with Newsvoir. PTI takes no editorial responsibility for the same.) New Delhi, Delhi, India (NewsVoir)
Shardul Amarchand Mangaldas & Co. has once again topped the Merger Market league table rankings for India for 2020. The Firm has secured the top spot as deal advisor both by deal value and deal count, having advised on 110 deals with a combined value in excess of USD 41 billion. The Firm was also previously the leading advisor on the MergerMarket India league table rankings for 2018 and 2019, making this the third cons
ChrysCapital-backed Infogain Acquires AI & Analytics Pioneer Absolutdata – IT Business Net itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.
ChrysCapital-backed Infogain Acquires AI & Analytics Pioneer Absolutdata
Absolutdata significantly enhances Infogain s ability to engineer superior business outcomes for its clients through cutting-edge AI and Analytics
Infogain, a Silicon Valley-based leader in human-centered digital platform and software engineering services, today announced its acquisition of Absolutdata, a San Francisco Bay Area-based AI and Advanced Analytics company serving Global 500 clients. Absolutdata s award-winning NAVIK AI platform and 300 world-class data scientists will significantly enhance Infogain s ability to engineer superior business outcomes for its clients through the use of cutting-edge AI and Analytics.
Absolutdata has been a leader in utilizing AI and Advanced Analytics to create scalable business impact for enterprise clients across the globe. Using a combination of its proprietary NAVIK AI platform and AI Advanced Analytics services, Absolutdata enables its clients to grow faster, incr