Meta team meets MeitY officials over WhatsApp usernames feature, to submit reply within timeline: SourcesMeta officials met with India's IT Ministry following a government notice regarding WhatsApp's proposed "usernames" feature. Concerns over ...
NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) ActNew Delhi: Legal experts highlighted that the Insolvency and Bankruptcy (Amendment) Act 2026 mandates 'debt' and 'default' for NCLT case ad...
Global creditors drag Udaan's parent to bankruptcy court in Singapore after $170-million bond defaultInsolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...
GoDaddy warns India's fake website crackdown could make internet less safeGoDaddy warns India's crackdown on fake websites could endanger legitimate businesses globally. New court orders mandate releasing buyer de...
IIFL Finance raises $300 million via dollar bondsIIFL Finance has successfully raised $300 million through a four-year dollar bond sale to international investors, marking its second such ...
NCLT dismisses Unity Small Finance Bank's insolvency plea against Awas Developers over default dateUnity Small Finance Bank's insolvency plea against Awas Developers was dismissed by the NCLT. The tribunal ruled the bank failed to pinpoin...
NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...
Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.
India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
Promoters with fraud loan A/Cs may not get to join other companies as directorsThe move follows concerns raised by banks, citing cases where such promoters continue to hold directorships elsewhere. Existing laws do not...
Ind-Ra downgrades Jana Capital, Jana Holdings NCDs to defaultIndia Ratings downgraded Jana Capital and Jana Holdings' NCDs to default after both entities extended debt repayments by six months due to ...
RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
DGFT extends enhanced export insurance cover for West Asia shipments till September 30Indian exporters shipping to West Asia will benefit from extended enhanced insurance cover against payment defaults until September 30, 202...
UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reportsUttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit...
Reserve Bank of India issues final rules on credit derivativesThe rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without an...
Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...