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12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- Choosing a crypto exchange in India? Read this firstWith fees, security and ease of use all up for scrutiny, WazirX makes a strong case for being the everyday trader’s go-to platform in India...
- Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
- NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
- Why are JetBlue and Frontier share prices up today? JetBlue and Frontier shares rise after Spirit shutdown creates growth opportunityWhy are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...
- Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...
- Personal guarantors to bankrupt firms will need to declare crypto holding, art collections in IBC proceedingsNew draft rules will require personal guarantors of stressed companies to declare all personal assets. This includes crypto, jewellery, and...
- Bankruptcy court admits BSE-listed Supha Pharmachem under Insolvency Resolution ProcessThe Mumbai bench of the National Company Law Tribunal has admitted Supha Pharmachem into the Corporate Insolvency Resolution Process (CIRP)...
- NCLAT grants exemption to 50 IL&FS's red & amber companies from CSR obligationsThe NCLAT has granted an exemption to certain IL&FS Group companies from corporate social responsibility spending. This waiver applies to '...
- IBC may get a voluntary group insolvency mechanism soonIndia is introducing a voluntary group insolvency framework under the Insolvency & Bankruptcy Code to streamline the resolution of intercon...
- Go First gets another 60 days to complete insolvency processA two-member bench of the Delhi-based NCLT admitted the request by the resolution professional (RP) of Go First, seeking an extension of th...
- Sri Lanka's creditor nations to meet despite uncertainty on ChinaAs Sri Lanka's creditor nations prepare for their first meeting on Tuesday to co-ordinate restructuring of the Indian Ocean nation's debt, ...
- Lenders opt for forensic audit of Future RetailKishore Biyani-led Future Retail had attempted to stave off bankruptcy by selling its companies to Reliance Industries' retail unit. Credit...
- IBC to get welcome cross-border teethRightly, India wants to adopt the UNCITRAL Model Law of Cross Border Insolvency, 1997, aligning with global practice.
- Will take all steps to protect domestic interests in crossborder insolvency regime: Injeti Srinivas, Corporate Affairs Secretary“One thing we can be sure is that we will have all carve-outs that are required to safeguard domestic interests. We can’t adopt internation...
- Wockhardt's asset sale caught in creditors’ crossfireThe sale of Wockhardt’s nutrition business to Abbott Laboratories has hit a roadblock as differences regarding rights on the sale proceeds ...
- Secured lenders insecure over Wockhardt's planSecured and unsecured creditors of debt-ridden pharma firm Wockhardt are singing in different tunes to support the sale of the company’s nu...
- Wockhardt CDR plan may set precedent for debt recoveryTroubled pharma company Wockhardt’s corporate debt restructuring (CDR) plans that led to its overseas unsecured creditors taking the compan...
- Videocon beats Korean heat to take lead in Daewoo raceIndian consumer durable major Videocon Industries is understood to have faced a lot of resistance from its Korean rivals before it was sele...
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