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'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...
Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
Tata Chemicals shares rise 4% on hopes of Tata Sons listing after RBI’s new normsTata Sons faces renewed scrutiny after RBI tightened rules for upper-layer NBFCs, reinforcing pressure for mandatory listings above Rs 1 la...
TotalEnergies awaits ruling in high-stakes climate trialA French court will rule Thursday on whether oil and gas giant TotalEnergies breached its legal duty to address environmental risks in a hi...
Piyush Goyal to visit London before India-UK CETA comes into forceCommerce Minister Piyush Goyal's UK visit from June 25-27 aims to finalize preparations for the India-UK CETA and DCC, set to launch July 1...
Jindal Poly Films row reaches SC again as minority investors seek revival of class action suitMinority shareholders of Jindal Poly Films have approached the Supreme Court, seeking to revive India's first corporate class action suit. ...
Investors expecting 15-20% returns may be disappointed: Rajeev ThakkarInvestors should brace for lower nominal equity returns, as corporate profit growth moderates, according to PPFAS Mutual Fund's Rajeev Thak...
World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
Goutam Deb steps down as Siliguri mayor, adding to TMC exodusTrinamool Congress faces a significant leadership crisis. Senior leaders Goutam Deb and Jyoti Priya Mallick have resigned from their posts....
JAL shares delist from BSE and NSE today: Will its 6.5 lakh shareholders get anything?Jaiprakash Associates shares were delisted from the BSE and NSE on Thursday, marking the closure of one of India's longest-running insolven...
India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
JAL shares to delist from BSE and NSE on Thursday. What happens to its 6 lakh shareholders?Jaiprakash Associates is set to be delisted from the BSE and NSE from June 18 following the completion of insolvency proceedings and Adani ...
Inside Anil Agarwal’s $100bn vision: Vedanta Resources plans to relist with US as a likely targetVedanta's Anil Agarwal is listing four companies simultaneously. This move aims to unlock significant growth potential across its businesse...
Law firms make a strong case for rehiring seasoned handsLeading Indian law firms are increasingly rehiring former lawyers, a trend dubbed "boomerang hiring," to combat intense competition for leg...
Quote of the Day by Intel co-founder Gordon Moore: 'With engineering, I view this year’s failure as next year’s...'-A powerful quote on failure and mindset that built the future of technology by creator of ‘Moore’s LawGordon Moore, a visionary engineer, believed failures were crucial for technological advancement. He saw each setback as a chance to learn ...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
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...
RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
US says BYD, Baidu and Alibaba and other tech giants are aiding China's militaryThe U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmake...
NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...