Mahadev betting funds used for Ebix buy: Enforcement DirectorateThe Enforcement Directorate alleges illegal betting funds financed a major acquisition. Vikas Garg's firm Eraaya Lifespaces acquired US sof...
16 Jul, 2026, 02.22 AM IST
Udaan avoids bankruptcy, reaches agreement with offshore creditors to settle $178 million claimBlackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include up...
14 Jul, 2026, 11.54 PM IST
Supreme Court adjourns suo motu case on NCLT vacancies, infrastructure; says appointments process underwayThe Supreme Court has postponed a hearing on NCLT member appointments and infrastructure. The court noted that the appointment process for ...
14 Jul, 2026, 12.49 PM IST
ET Prime Special Series: Multibagger or IBC - Part 64: An old 2-wheeler supplier that now earns more from a newer businessAt first glance, this auto ancillary company looks like a conventional two-wheeler supplier. But its business mix tells a wider story. A ne...
09 Jul, 2026, 02.00 PM IST
Ola Electric confirms vendor lawsuits over dues, quality issues as shares fall 5%In its response, the company acknowledged that Anevolve Mando E-Mobility and Sterling E-Mobility Solutions, vendors supplying key parts to ...
08 Jul, 2026, 06.14 PM IST
Pot calling the kettle black: Cong slams VHP letter to police on claims made by opposition leaders on donationsThe Congress party has strongly criticized the VHP's request to the Ayodhya police to question opposition leaders regarding alleged donatio...
06 Jul, 2026, 01.59 PM IST
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...
03 Jul, 2026, 04.20 PM IST
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 ...
03 Jul, 2026, 03.08 PM IST
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...
02 Jul, 2026, 09.52 PM IST
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.
02 Jul, 2026, 07.45 PM IST
AM/NS takes over banks' claims linked to Essar Group promoters' personal guarantees"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...
01 Jul, 2026, 09.15 AM IST
IBBI seeks to streamline real estate insolvency regulations with focus on homebuyersIndia's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or...
30 Jun, 2026, 11.41 PM IST
Who is Guo Wengui? 10 things to know about the exiled Chinese billionaire sentenced to 30 years in US prisonGuo Wengui, the Self-exiled Chinese businessman, has been sentenced to 30 years in prison for orchestrating a massive fraud scheme. Prosecu...
30 Jun, 2026, 01.33 PM IST
Bitcoin miner and AI firm Ionic Digital files for Nasdaq direct listingThe company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which recei...
30 Jun, 2026, 09.23 AM IST
Byju's lenders seek 30% stake in Indian education group in settlementByju's operated in more than 21 countries at one point and became popular during the COVID-19 pandemic by offering online courses. But it...
26 Jun, 2026, 10.28 PM IST
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...
26 Jun, 2026, 05.25 PM IST
NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...
12 Jun, 2026, 02.26 PM IST