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NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiencyThe Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...
SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projectsThe Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms....
IBC: Creditors realised Rs 4 lakh cr; cases involving Rs 14 lakh cr settled in pre-admission stageIndia's Insolvency and Bankruptcy Code (IBC) has facilitated over Rs 4 lakh crore in creditor realisations from resolved cases. Additionall...
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
Govt relaxes insolvency rules for MSMEsNew rules aim to simplify insolvency for MSMEs. Only one valuer will be appointed per asset class, cutting costs. Strict new regulations pr...
We are building India-specific models for early-growth and scaling companies: FulcrumQ’s Shefali SalwanIndia is one of the most consequential markets for us, says Shefali Salwan, Founder of FulcrumQ, a global strategy and human capital adviso...
More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....
IBBI issues new guidelines to speed up appointment of insolvency professionalsThe Insolvency and Bankruptcy Board of India has released new rules for insolvency professionals. These guidelines aim to speed up appointm...
Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bidIn a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this ...
ATS Nobility Estates exits insolvencyThe National Company Law Tribunal has permitted the withdrawal of insolvency proceedings against ATS Group's Nobility Estates. This decisio...
Coforge’s Q4 profit doubles to Rs 612 crore on robust deal winsCoforge's net profit surged over 135% in Q4 FY26, driven by AI efficiencies and strong revenue growth. The IT service provider reported rob...
NCLAT ends insolvency proceedings against realty firm Embassy DevelopmentThe Delhi bench of the National Company Law Tribunal (NCLT), in December 2025, directed the initiation of insolvency proceedings against th...
Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
US stock today | Spirit Airlines prepares to cease operations after bailout plan falls apart: ReportSpirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. govern...
Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
Supreme Court flags NCLT delaysThe Supreme Court has taken suo motu cognisance of the grim situation at NCLT benches. Delays in approving resolution plans are causing sig...
Supreme Court seeks data on NCLT delays in resolution plansThe Supreme Court is addressing significant delays in approving resolution plans at the National Company Law Tribunal. It has directed the ...