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‘You cannot rescue a drowning family if you go broke’: CA shares the brutal truth of first-generation wealthFirst-generation wealth builders face a unique challenge: family expectations can drain resources. CA Nitin Kaushik warns that rescuing rel...
NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlementAakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...
NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...
DoT retains backhaul spectrum pricing, rejects Trai's cut proposalTelecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal...
Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
DoT drafts spectrum assignment rules for BSNL, satellite and broadcasting firms; NGSO players excludedNew draft rules from the Department of Telecommunications will allow administrative spectrum assignment for state-run firms like BSNL and M...
PSBs told to tighten scrutiny of government accounts amid fraud concernsIn response to a staggering ₹590 crore fraud uncovered in Haryana government accounts, the finance ministry has mandated that public sector...
Two Vizag-bound IndiGo flights diverted to Hyderabad due to bad weatherTwo flights heading to Visakhapatnam were rerouted to Hyderabad's Rajiv Gandhi International Airport overnight due to severe weather. IndiG...
Affordable housing, rental expansion and RERA reforms set to define next growth phase in India's urban region: ReportIndia's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A report highlights the urgent need for affor...
African Proverb of the Day: “A single bracelet does not… — Life lessons on teamwork, responsibility, support, collaboration and why unity is strengthAfrican Proverb of the Day highlights the meaning of “A single bracelet does not jingle.” The saying reflects the importance of cooperation...
El Nino Impact: Milk prices likely to go up, againPoor rainfall typically leads farmers to reduce cattle numbers because of shortages of fodder and water, lowering milk output and pushing u...
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...
In 1983, engineers squeezed a wireless conversation through a commercial cell network, and mobile phones started becoming realMobile communication transitioned from an engineering dream to public reality in 1983. The first US commercial cellular network began opera...
ED searches at 17 locations in corporate insolvency process caseThe Enforcement Directorate has launched a money laundering probe, conducting searches across 17 locations in Maharashtra and Delhi. The in...
New valuation rules seek fairer outcomes in bankruptcy casesNew Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code....
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 ...
Corporate affairs secy exhorts insolvency professionals to fast-track resolutionCorporate affairs secretary Deepti Gaur Mukerjee urged insolvency professionals to "push boundaries of corporate turnaround" to rescue dist...