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The Insolvency and Bankruptcy Code (IBC) seems to be incentivising debtors to settle their defaults even before the cases are admitted under the code, credit rating agency CARE Ratings said.
Max Healthcare Institute (Max) reported 13th consecutive quarter of y-o-y (year-on-year) growth. Also, the company managed to grow ARPOB (average revenue per occupied bed) and EBITDA (earnings before interest, taxation, depreciation and amortisation) per bed sequentially, despite the third quarter (Q3) of the financial year (FY) being a seasonally lean quarter.
Many small business owners prefer opening their place of business near their residence or even operating from within. While this might be permissible for some categories of business, commercial activities of most kinds are not to be allowed in residential premises without the express permission of the local municipal body.
Action Construction Equipment (ACE) has demonstrated exceptional performance with five quarters of consecutive sequential revenue growth and significant margin expansion, thanks to India s ongoing infrastructure boom.
Haryana RERA imposes Rs25 lakh penalty on promoter for misleading DDJAY