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ASK Property Fund to raise Rs 3,500 crore for housing-focused debt strategyASK Property Fund is launching a new Rs 3,500 crore debt fund. This fund will finance residential projects in key Indian cities like Mumbai...- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- NCLAT reserves order in Jaypee insolvency case; Vedanta alleges flawed evaluation, Adani defends bidding processThe National Company Law Appellate Tribunal has reserved its judgment in the Jaypee insolvency case. Vedanta Group argued the resolution pr...
- Stocks in news: SBI Life, Trent, Tata Investment, HCL Tech, Suzlon EnergyIn today's trade, shares of SBI Life, Trent, Tata Investment, HCL Tech, Suzlon Energy among others will be in focus due to various news dev...
- Social Security 2027 crisis update: $190B cuts, $50K benefit cap proposal—are wealthy retirees about to face payment limits now?The Social Security proposal 2026 could reshape retirement payouts fast. New data shows up to $190 billion may be cut in ten years. The pla...
- Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLATJaiprakash Associates insolvency proceedings see a dispute over Vedanta's claim as highest bidder. The resolution professional told the NCL...
- After deleveraging Rs 215 crore in debt, JDMEHF bets big on healthcare’s futureUnder Rhitik Jassar, JDMEHF's journey demonstrates disciplined resilience, a quality honed by crisis.
- UltraTech settles JAL dispute, agrees to redeem Rs 1k-cr sharesUltraTech Cement has finally settled a lengthy arbitration dispute with Jaiprakash Associates, paving the way for a fresh financial landsca...
- Vedanta shares plunge 5% as SC rules conglomerate not entitled to concessional rates for high-speed dieselVedanta shares fell after the Supreme Court upheld a ruling denying concessional diesel rates under Form C, citing misuse beyond mining pur...
- IBBI moves to tweak Bankruptcy Code for speedier resolutionsThis would benefit creditors in long-running cases like KSK Mahanadi, under CIRP since October 2019. IBBI has asked stakeholders to submit ...
- New insolvency framework to be creditor-led: IBBI chairman Ravi MitalThe Insolvency and Bankruptcy Board of India (IBBI) is developing a creditor-led resolution framework to expedite the rescue of stressed fi...
- Committee of creditors turns down RP's advice to revive 5 Nithin Group firmsThe CoC approached the National Company Law Tribunal’s Amaravati bench favouring liquidation of assets of Tirupati-based Nithin Group of co...
- NCLT approves Vedanta Group’s resolution plan for VideoconVedanta's offer of a little over Rs 3,000 crore for 13 companies belonging to the Videocon Group was far below the expectations of lenders,...
- View: The Insolvency and Bankruptcy Code now needs its next booster stageThe case burden in NCLT on account of IBC has been overwhelming. Over 24,000 applications were filed since IBC’s commencement in December 2...
- Proposed amendment to insolvency law: Jayant Sinha to meet homebuyers' lobbyAbout 10 days ago, the Forum for People’s Collective Efforts had written to the committee saying the threshold requirement was suggested by...
- Bankruptcy board set to tackle group insolvencyBringing entities on the basis of inter-connectedness or common assets into the group resolution framework may face challenges and lead ban...
- 'Changes to bankruptcy code ready, to be sent to cabinet’The changes include cross-border insolvency framework and harsher punishments for irregularities.
- Bids invited for debt ridden Videocon under insolvency resolution processIn the beginning of this year, the country's largest lender SBI had filed separate insolvency proceedings against Videocon Industries and V...
- Jaypee seeks ‘loan’ from senior executivesGroup company Jaypee Infratech is facing insolvency proceedings and its parent company, Jaiprakash Associates Ltd, has been ordered by the ...
- Insolvency and Bankruptcy Board sets up two advisory panelsThe nine-member advisory committee on service providers is headed by educationist Mohandas Pai while the panel on corporate insolvency and ...
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