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Economy / orissapost

Experts applaud IBCs role in reviving stalled real estate projects

New Delhi: The Post Graduate Insolvency Programme (PGIP), Indian Institute of Corporate Affairs organised a conclave Wednesday at Manesar on the outskirts of the national capital, highlighting the success of the new Insolvency and Bankruptcy Code (IBC) in shaping the successful resolution of distressed assets in the real estate sector. The conclave featured discussions centred []

19 Feb 2025 9:02 pm
Keonjhar: New tourist spots to boost tribal economy

Keonjhar: The official recognition of seven attractive sites in Keonjhar district as tourism destinations by the state government recently is expected to provide an impetus to the tribal economy of the district blessed with a natural environment, forested hills, waterfalls, rivers, gorges, dams, and religious sitesincluding temples and monasteries. The newly recognised sites include are: []

19 Feb 2025 9:26 am
Indias QIP fundraising hits new high, real estate sector takes Lead with Rs22,320 cr

Mumbai: Fundraising through qualified institutional placements (QIPs) reached an all-time high in India in 2024, with 99 issues raising a massive Rs 1,41,482 crore across sectors, a report said Thursday. QIPs are a capital-raising method for listed companies without having to submit legal paperwork to market regulators. Real estate emerged as a key contributor, with []

13 Feb 2025 4:11 pm