Insolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...

The Supreme Court has declared zero tolerance for AI-generated fake or hallucinated judgments used as legal precedents. Setting aside an NC...

Power Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 ...

India's health insurance sector welcomes a new player as Prudential HCL Health Insurance receives regulatory approval. This joint venture, ...

The National Company Law Appellate Tribunal has ruled that companies in insolvency proceedings cannot shield assets suspected of being proc...

The National Company Law Appellate Tribunal (NCLAT) has revived IL&FS's plea concerning Rs 1,080 crore in alleged circuitous lending transa...

State-owned Bharat Petroleum Corporation Ltd (BPCL) is set to gain full control of its Brazil-based oil and gas joint venture. Through its ...

In a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...

A NITI Aayog report highlights that India's visa system needs significant upgrades to match global tourism leaders, hindering repeat and hi...

OYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceed...

Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...

The proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...

PFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...

Power Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...

Adani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...

Smartworks is set to acquire Singapore-based Workstudio Spaces, expanding its footprint to 76,000 sq. ft. with over 1,500 seats. This strat...

The NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...