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...
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...
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...
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...
Byju’s RP moves NCLT against Google in fresh data-access disputeResolution professional Shailendra Ajmera, who’s backed by EY, has filed an application under Section 60 (5) of the Insolvency and Bankrupt...
Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
Byju’s-BCCI settlement remains stalled; NCLT pauses buyer searchByju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision ...
NCLT approves Aspect JV's resolution plan for Radius & Deserve Land DevelopersThe NCLT approved Aspect Group's resolution plan for Radius & Deserve Land Developers. This approval concludes the company's corporate inso...
Anant Raj to demerge data centre arm into separately listed companyAnant Raj will demerge its data centre and cloud business into Ashok Cloud Pvt Ltd, creating a separately listed digital infrastructure com...
SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVLThe Supreme Court will hear Venugopal Dhoot's plea against an NCLAT order. This order upheld separate insolvency proceedings for two Videoc...
Gratuity, leave encashment not part of CIRP cost: NCLATThe NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' f...
What is Andy Burnham's policy approach for Britain?Andy Burnham has taken on the role of Prime Minister of Britain, emphasizing a major shift in power dynamics through decentralization. Amon...
Pending civil suits, arbitral claims stand abated after resolution plan approved under IBC: Supreme CourtThe Supreme Court has ruled that once a resolution plan is approved, any pending civil suits and arbitration proceedings are effectively ha...
Byju’s creditors clear Aakash settlement proposalThink & Learn's creditors have approved a settlement for the Aakash Educational Services shareholding dispute. This development brings Byju...
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...
Explained: Venezuela's complex and contested debt puzzleVenezuela faces a massive debt restructuring with creditors holding diverse claims. The nation's debt is estimated between $150 billion and...
NCLAT allows withdrawal of insolvency case against Oswal Overseas after settlement with creditorThe National Company Law Appellate Tribunal allowed Oswal Overseas' appeal withdrawal after a settlement. Oswal Overseas and LH Sugar Facto...