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VIDEOCON GROUP INSOLVENCY CASE
Adani Ports emerges top contender for Karanja Terminal takeoverAdani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...- Tensions at Uttarakhand border as Nihang Sikhs breach barricades, head towards Hemkund SahibTension flared at the Himachal Pradesh-Uttarakhand border as Nihang Sikhs clashed with police, breaching barricades at Kulhal to proceed to...
- NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...
- Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
- Germany cuts cost of travel protection fund for tour firmsGermany is significantly slashing costs for protecting package holidays against tour operator failures. Effective November 1, fees for the ...
- Areion Assets Management launches $60 million AIF to tap India's special situations marketAreion Assets Management has launched a $60 million Category III AIF from GIFT City targeting India’s special situations market. The fund w...
- Ketan Agarwal Death Case: Probe takes new turn, Siya ‘not mentally prepared’ for marriage; police examine motivePune businessman Ketan Agarwal's death at Lohagad Fort, initially deemed an accident, is now under suspicion of foul play. Police are inves...
- Lawyers for Gautam Adani urge US judge to dismiss criminal caseIndian billionaire Gautam Adani's lawyers are pushing a U.S. judge to officially drop criminal charges after the Justice Department announc...
- RBI says no to special exposure relaxations for state NBFCsThe Reserve Bank of India has firmly rejected requests for special exemptions from concentration norms for government-owned NBFCs, emphasiz...
- 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...
- CBI arrests former CEOs of RCFL, RHFL in Reliance ADA Group loan diversion case; Rs 7,623 cr loss to PSBsAccording to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. I...
- 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...
- 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...
- 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...
- 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...
- 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...
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