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, 06.21 AM IST
India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
26 Jun, 2026, 12.46 AM IST
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...
25 Jun, 2026, 07.17 PM IST
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...
25 Jun, 2026, 04.22 PM IST
How a Gujarat car owner claimed Rs 1.25 lakh insurance without any proof of accident?A Surat car owner received Rs 1.25 lakh from ICICI Lombard after a consumer commission ruled the undisputed car damage warranted compensati...
25 Jun, 2026, 04.11 PM IST
EPFO user alert! Claim submission, processing unavailable from June 26-28; UMANG services also affectedEPFO's online portal will be inaccessible for claim submissions and processing from June 26th to June 28th, 2026, due to a planned technolo...
25 Jun, 2026, 01.28 PM IST
India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: ReportIndia's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housi...
25 Jun, 2026, 12.38 PM IST
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
24 Jun, 2026, 05.57 PM IST
India’s Shapoorji Pallonji Group seeks fresh bond extension as refinancing dragsShapoorji Pallonji Group is seeking more time to repay Rs 143 billion bonds as refinancing delays persist. Debt backed by its Tata Sons sta...
24 Jun, 2026, 10.24 AM IST
Around 400 workers from India, Bangladesh accuse Singapore firms of unpaid wagesHundreds of migrant workers, primarily from India and Bangladesh, are alleging non-payment of wages by two Singapore-registered firms. Inve...
24 Jun, 2026, 08.10 AM IST
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...
23 Jun, 2026, 04.17 PM IST
SREI Finance withdraws plea against Nirmal Lifestyle Mulund’s revival plan at appellate tribunalA key creditor has withdrawn its appeal against Nirmal Lifestyle's resolution plan after the buyer, Mantra Properties, clarified a disputed...
23 Jun, 2026, 02.01 PM IST
WazirX bets on AI, futures trading to fuel comeback after $235-million hackCryptocurrency exchange WazirX is introducing AI-powered trading tools, advanced trading products and customer experience upgrades followin...
22 Jun, 2026, 06.23 PM IST
Health insurance: Overall claims experience needs improvement in India; delays, rejections are big pain points in reimbursement, says surveyPolicybazaar's latest Health Claims Experience Index reveals that while cashless claims are preferred, the overall process needs significan...
22 Jun, 2026, 11.25 AM IST
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...
22 Jun, 2026, 06.00 AM IST
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...
16 Jun, 2026, 03.41 PM IST
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....
16 Jun, 2026, 01.30 AM IST