RBI retains three-member Advisory Committee of Reliance Capital

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A day after NCLT admitted RBI’s petition for insolvency resolution of Reliance Capital, the central bank on Tuesday said it has retained the three-member Advisory Committee to assist the newly appointed administrator of the crisis-ridden NBFC. The Mumbai bench of the National Company Law Tribunal (NCLT) on Monday admitted the Reserve Bank’s plea to initiate…Continue Reading

India retains 3rd position in RE investment attractiveness index

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SynopsisIndia remained at the third position in the 58th edition of EY’s ‘Renewable Energy Country Attractiveness Index’ (RECAI), which ranks the world’s top 40 markets (nations) on the attractiveness of their renewable energy investment and deployment opportunities, an EY statement said.ReutersAccording to the report, the US, mainland China and India continue to retain the top…Continue Reading