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Indian crypto traders are moving to futures. Here's where the math actually worksWazirX Futures brings direct INR access, the lowest fees in the domestic market, and built-in risk guardrails to a segment that has quietly...- From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
- 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...
- More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....
- Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
- Budget must prioritise NCLT infrastructure to reduce Insolvency and Bankruptcy Code delays: SAM's RawatThe upcoming Union Budget should prioritize strengthening National Company Law Tribunals. More benches are needed to boost efficiency in in...
- WazirX’s Revival - an understated moment for India’s Crypto Industry?A Harvard study highlights billions lost annually due to hasty liquidations, advocating for restructuring. WazirX's successful Singapore-ba...
- WazirX’s Proposed Scheme of Arrangement: A Path to Recovery and Future Stability for UsersWazirX proposes a Scheme of Arrangement to recover $234 million lost in a cyberattack by North Korean hackers, aiming to redistribute asset...
- WazirX $230-million heist: Singapore court allows WazirX parent to hold meet with crypto usersThe firm had moved the court through an application on December 6, 2024, seeking permission to convene a meeting with creditors (users) to ...
- WazirX freezes first tranche of stolen funds worth USD 3 millionWazirX successfully froze $3 million in stolen assets from last year's cyberattack. Efforts spearheaded by founder Nischal Shetty aim to re...
- ARC Body calls for safeguards against filing of criminal casesThe Association of Asset Reconstruction Companies has appealed for the intervention of the finance ministry in order to issue an advisory t...
- Edelweiss denies wrongdoing in Nitin Desai suicide case, says recovery efforts creditors' rightEdelweiss denied allegations of wrongdoing in the case involving the suicide of Nitin Desai, an art director. The company stated that ECL F...
- IL&FS to re-launch stake sale process of ITPCL amid restructuring effortsIL&FS will restart the stake sale process of ITPCL (IL&FS Tamil Nadu Power Co) alongside its ongoing restructuring efforts, with the new IL...
- Anil Ambani's RCFL resolution plan to go ahead after Supreme Court nodThe court was deciding an appeal by the Securities and Exchange Board of India (Sebi) seeking a stay on voting by creditors because it want...
- Change in Sarfaesi Act to give priority to secured creditorsSarfaesi Act was framed to identify and rectify the problem of non-performing assets.
- Only 15% of the cases resolved under bankruptcy laws: ReportOf the 2,542 cases admitted under IBC till date, 1,497 CIRPs or 59% of cases are still in court.
- Getting your dues: Procedure for creditors to file under IBCThe recent Insolvency and Bankruptcy Code (IBC) has been a big sigh of relief for MSMEs which would, ensure faster debt recovery or liquida...
- Distressed assets should be sold as dreams: SahooThis comment comes at a time when 100 companies have either been liquidated or are in the process of liquidation.
- Bankruptcy law credit positive for banks: Moody'sThe current weak legal framework for asset resolution has been a key structural credit weaknesses for Indian banks, Moody's said.
- Govt should support BIFR to rope in experts to beef up functioning of sick cosIf other much-needed changes are implemented, it will be an adequate beginning to effectively deal with the problems of industrial sickness...
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