The delay comes as the June 30 deadline for submitting expressions of interest (EoI) in the broader resolution process has passed. The ware...

"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...

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

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

Liam Neeson's poignant quote of the day shows that grief is unpredictable, defying our attempts to schedule or control it. Reflecting on hi...

India's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...

Happy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.

US-Iran Peace MoU: The US and Iran have signed a preliminary 14-point memorandum of understanding, outlining plans for sanctions relief, ec...

The government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...

New Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code....

Markets often climb despite worries. In 2020, markets rose before economic recovery became clear. Now, in 2026, a similar pattern emerges a...

India's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...

The Department of Financial Services is holding a major meeting with Public Sector Banks today. The focus is on strengthening digital banki...

Recoveries under India's Insolvency and Bankruptcy Code (IBC) saw a sharp decline in FY 2025-26. Admitted claims yielded only 23 percent, a...

The Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...

The recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...

NARCL has already filed applications linked to both the corporate guarantee of Jaiprakash Power Ventures and personal guarantees of chairma...