Key India bankruptcy law upheld in win for smoother resolutions

New Delhi. India’s top court upheld a law that bars founders of companies that have defaulted on loans from buying back stressed assets, in a ruling that may help the nation more quickly resolve bad debts. The Supreme Court said a provision of the bankruptcy law that prevents founders from regaining control of delinquent companies […]

Car buying in UAE slowly moving online

Dubai: Car buyers in the UAE could soon save themselves a trip to the showroom. Instead they could sit at home to make a purchase of the model they desire, accessorise it and make the payment. Even the registration paperwork could be completed online. One would say that Tesla is already doing so in whichever […]