Ranbir Kapoor-backed Prime Focus shares gain 2% after firm returns to black with Rs 82 crore net profit in Q4Prime Focus shares saw a rise on Friday. The company reported a profit of Rs 82 crore for the fourth quarter of FY26. This marks a signific...
Insolvency recoveries nearly halve in FY26 due to rising delays: ReportRecoveries under India's Insolvency and Bankruptcy Code (IBC) saw a sharp decline in FY 2025-26. Admitted claims yielded only 23 percent, a...
Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...
NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
Alpha Corp to take over three stuck projects following Supreme Court approvalThe Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...
NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
SC asks NCLAT to take decision on 14 housing projects of debt-ridden SupertechThe Supreme Court has directed the NCLAT to quickly decide on merging Supertech's remaining 14 housing projects. This move aims to ensure p...
Supreme Court refuses to stay Adani’s ₹14,500 cr JAL resolution planThe Supreme Court has declined to halt Adani Group's ₹14,500-crore plan for Jaiprakash Associates. Vedanta's challenge to the resolution pl...
Baijayant Panda to head select House committee on IBC changesSenior BJP leader Baijayant Panda has been appointed to chair a 24-member Parliamentary committee vetting proposed amendments to the insolv...
Union Budget 2024: Good time to push disinvestment of public banks, says SBI reportBudget 2024: The State Bank of India (SBI) has suggested that the government should proceed with disinvestment of public sector banks (PSBs...
IBC recoveries down even as resolutions soar in FY24The recovery from defaulters under the Insolvency and Bankruptcy Code (IBC) in India decreased in 2023-24 despite 42% more cases being reso...
Aircastle gets two weeks to frame a reply to SpiceJetAircastle (Ireland) has been granted two weeks by the National Company Law Tribunal (NCLT) to respond to Spicejet's application opposing th...
IL&FS moves SC against show-cause notice by SebiThe case has been admitted by the apex court and a two-member bench comprising Justices Vineet Saran and Dinesh Maheshwari will be hearing ...
200 insolvency applications filed since suspension of fresh proceedings ended in MarchTalking about fresh insolvency filings after the expiry of the suspension, IBBI Chairperson M S Sahoo said the higher threshold of default ...
ET View: Amend IBC to bring it in sync with RERAFor this, the government must amend the IBC to recognise the legitimate claim of home buyers. After all, they use their lifetime savings to...
Anchor had to read out breaking news of husband’s death on live TVIn a very unfortunate incident, a TV anchor of a regional news channel of Chattisgarh had to read out a breaking-news of her husband’s deat...