Paid Rs 46 lakh for flat in 2019, but builder didnt deliver even after 6 years; wealth manager shares how buyer got Rs 1 crore payout from courtA Chennai couple who paid Rs 46 lakh for a flat in 2019 allegedly waited years without receiving possession, while continuing to pay both r...
20 Aug, 2026, 01.44 PM IST
US debt crosses $40 trillion threshold after doubling under Trump and BidenUnited States debt has now exceeded forty trillion dollars for the first time. This significant increase occurred during the presidencies o...
20 Aug, 2026, 06.11 AM IST
Insolvency professionals need to be wary of IBC abuse indicators: IBBIInsolvency professionals are now required to watch for at least nine "indicators" to prevent abuse of the Insolvency and Bankruptcy Code (I...
19 Aug, 2026, 07.23 PM IST
SpiceJet insolvency case: NCLT allows lessor to withdraw plea, imposes fine on both Aviator ML & cash-strapped airlineThe National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late s...
19 Aug, 2026, 12.38 PM IST
Realtors line up to buy bankrupt developers as land prices riseSmall and mid-sized developers are increasingly using insolvency proceedings to acquire distressed real estate companies as land prices soa...
19 Aug, 2026, 06.40 AM IST
Ashok Leyland just had a record June quarter. So why did the margin fall a full point?Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volu...
18 Aug, 2026, 08.35 PM IST
Byju’s resolution professional seeks 90-day extension to resolve insolvencyShailendra Ajmera, the resolution professional from consultancy EY, told the Bengaluru bench of the National Company Law Tribunal on Tuesda...
18 Aug, 2026, 02.12 PM IST
SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...
17 Aug, 2026, 03.35 PM IST
NCLAT upholds insolvency proceedings against Nyka Steel guarantor over UCO Bank duesThe NCLAT upheld an NCLT order initiating insolvency proceedings against a personal guarantor. This decision involved Asif Ahmed Siddique, ...
15 Aug, 2026, 01.20 PM IST
Class 11 UP student uses AI to fake his own kidnapping, extort money from father with injured-eye imagesIn a bizarre turn of events, a student orchestrated his own abduction as a means to settle online gaming debts. Crafting an AI-generated im...
14 Aug, 2026, 02.54 PM IST
How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
07 Aug, 2026, 10.08 PM IST
NCLAT rejects DoT's 469-crore claim appeal in Rolta insolvency; upholds resolution planThe NCLAT has officially dismissed the Department of Telecommunications' (DoT) appeal against Rolta India's resolution plan, stating it has...
02 Aug, 2026, 11.18 AM IST
How an iron ore empire began to raise doubtsMajor commodity traders are cutting ties with Radiant World amid concerns, which suggest the company provided falsified documents to banks ...
01 Aug, 2026, 01.24 PM IST
The company is losing money. So why is the boss still taking crores?Companies pay money to the people who run them, and these are often the same people who influence how much they should get. Does this numbe...
01 Aug, 2026, 09.29 AM IST
SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim IndustriesThe Supreme Court upheld an NCLAT order concerning Grasim Industries. This decision set aside a significant penalty previously imposed by t...
31 Jul, 2026, 01.55 PM IST
Multibagger Astra Microwave shares rally 14% to 52-week high after Rs 2,205 crore order win from HALAstra Microwave Products shares surged 14% to a fresh 52-week high of Rs 1,960 after securing a massive Rs 2,205 crore order from Hindustan...
31 Jul, 2026, 09.53 AM IST
NCLT rejects Authum's plan for Vas Infra over CIRP issueThe NCLT rejected Authum Investment's plan for Vas Infrastructure due to irregularities. The tribunal found misrepresentation of assets and...
31 Jul, 2026, 01.56 AM IST