Private equity companies add AI-disruption clauses to buyout loan agreementsPrivate equity firms are adding AI disruption clauses to buyout loan agreements, allowing companies to delay default consequences if artifi...
IBBI tightens real estate insolvency rules to prioritise home deliveryIndia's insolvency regulator has implemented new rules to prioritize project completion and better homebuyer oversight. Independent assessm...
NCLAT sets aside insolvency proceedings against Polycab over Rs 2.78 crore duesNCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal foun...
Shapoorji Pallonji Group seeks to raise up to $200 million to repay debtShapoorji Pallonji Group is currently planning to raise between $150 million and $200 million for debt management. The funds will primarily...
TVS Motor Q2 Results: Profit jumps 52% YoY to Rs 1,377 crore; revenue rises 44%TVS Motor Company reported a 52% rise in Q2 FY27 profit to Rs 1,377 crore, with revenue up 44%. Record sales, electric two-wheeler growth a...
Jetblue CEO says company not in talks with its creditors: ReportJetBlue Airways CEO Joanna Geraghty has denied reports of debt restructuring talks with creditors, seeking to assure investors after a shar...
JetBlue shares surge 12% as airline seeks to calm financial concernsJetBlue Airways shares surged over 12% after addressing financial concerns despite reporting a larger quarterly loss. The loss was influenc...
Committee of Creditors cannot withdraw resolution plan nod: Supreme CourtA bench of Justices JB Pardiwala and K Vinod Chandran, while disposing of the appeal filed by Bank of India and other CoC members, includin...
Builder missing or bankrupt? What homebuyers can do about the home loan, RERA and the IBCStill paying EMIs on a flat that may never be delivered? Here is what homebuyers can do about the loan, the police, RERA and insolvency cou...
Don’t bank on RBI alone: The investor protection gap in India’s banking systemRBI imposes strict regulations on banks to ensure transparency for depositors and investors. However, listed banks often fail to provide ti...
Damon Dash, once one of hip-hop's biggest moguls, forced to sell off rights to his life story for just $550,000, amount set to help pay his $25 million debtDamon Dash, the co-founder of Roc-A-Fella Records, was forced to sell off the rights to his life story for $550,000. Everlasting Films emer...
Warren Buffett’s 6 golden rules for investors after retirementWarren Buffett’s retirement advice focuses on low-cost index investing, paying off high-interest debt, maintaining cash reserves, staying w...
The Bond who came back from the dead: The risky world of AT1 bondsYes Bank AT1 bonds are back in the spotlight after the Supreme Court upheld the ruling invalidating their ₹8,415-crore write-off during the...
America's $1 trillion annual interest bill is growing as national debt surges, so why isn't the US facing a debt crisis like France?The United States continues to finance its national debt more effectively compared to France. While both countries face rising borrowing co...
Amitabh Bachchan came to Bombay with a driving licence, thought of becoming taxi driver if acting failed: Watch Big B's 1997 BBC interviewAmitabh Bachchan revealed in a 1997 BBC interview that he arrived in Bombay with a driving licence and considered becoming a taxi driver if...
Experts hail SC ruling on creditor’s claim in insolvency-linked dispute between two Bengaluru firmsThe Supreme Court has ruled that a creditor whose claim was largely extinguished under an insolvency resolution plan can still use it as a ...
SC rejects MMTC appeal against National Spot Exchange settlement schemeThe Supreme Court has dismissed MMTC's appeal regarding a settlement scheme by National Spot Exchange Ltd. The scheme, amounting to Rs 1,95...