The details will be finalised after broader stakeholder consultations. “The government has studied the best practices of several jurisdictions and a similar, if not the same, insolvency mechanism is followed in the UK,” said an official aware of details. “Various aspects and structures of the planned framework are being examined and a final decision would be taken in due course.”
India’s macro setup stable, but markets await earnings firepower: Hemang Jani
Hemang Jani suggests favoring Swiggy, Eternal, or Policybazaar over Nykaa among new-age companies, citing Nykaa’s lackluster performance. He anticipates stable market conditions with a focus