In a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...

The delay comes as the June 30 deadline for submitting expressions of interest (EoI) in the broader resolution process has passed. The ware...

Coal India Limited (CIL) reported a 7.5% dip in production to 169.6 million tonnes during the first quarter of the current fiscal year, des...

The capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansio...

Railtel Corporation's shares surged after announcing a significant Rs 107.61 crore order from Mahanadi Coalfields for an MPLS VPN network. ...

Power Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 ...

Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...

The proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...

PFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...

Shapoorji Pallonji Group's anchor investors, including global funds, have agreed to extend relaxed loan-to-value ratios on pledged securiti...

Power Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...

Adani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...

Smartworks is set to acquire Singapore-based Workstudio Spaces, expanding its footprint to 76,000 sq. ft. with over 1,500 seats. This strat...

The NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...

Aakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...

Rising electricity demand and a strong investment cycle lift outlook for power companies.

Jaiprakash Associates shares were delisted from the BSE and NSE on Thursday, marking the closure of one of India's longest-running insolven...