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RESOLUTION PROCESS
BPCL agrees to buy Videocon Energy’s stake in BPRL Ventures JVState-owned Bharat Petroleum Corporation Ltd (BPCL) is set to gain full control of its Brazil-based oil and gas joint venture. Through its ...- NCLAT upholds full PF, gratuity payments for Jet Airways employeesIn a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...
- Byju’s tablets, laptops gather dust in warehouse as insolvency drags onThe delay comes as the June 30 deadline for submitting expressions of interest (EoI) in the broader resolution process has passed. The ware...
- President Xi Jinping directs PLA to speed up modernisationPresident Xi Jinping has urged the People's Liberation Army to accelerate its modernization to achieve world-class standards by 2027, aimin...
- AM/NS takes over banks' claims linked to Essar Group promoters' personal guarantees"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...
- IBBI seeks to streamline real estate insolvency regulations with focus on homebuyersIndia's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or...
- 'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...
- EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...
- Adani Ports emerges top contender for Karanja Terminal takeoverAdani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...
- Tensions at Uttarakhand border as Nihang Sikhs breach barricades, head towards Hemkund SahibTension flared at the Himachal Pradesh-Uttarakhand border as Nihang Sikhs clashed with police, breaching barricades at Kulhal to proceed to...
- Will GTA 6's leaked Performance and Quality graphics modes finally answer the 60 FPS question for PS5 and Xbox Series X players?A fresh GTA 6 graphics modes leak has reignited the debate over Performance Mode, Quality Mode, and the long-awaited possibility of 60 FPS ...
- NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...
- SREI Finance withdraws plea against Nirmal Lifestyle Mulund’s revival plan at appellate tribunalA key creditor has withdrawn its appeal against Nirmal Lifestyle's resolution plan after the buyer, Mantra Properties, clarified a disputed...
- NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...
- Filing pension complaints gets easier as PFRDA rolls out AI-enabled Pension Sahayak: Key features explainedPFRDA has launched Pension Sahayak, an AI-powered platform simplifying pension grievance redressal. This upgrade from the old CGMS offers w...
- Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
- Karnataka keen to move ahead with Makedattu project, seeks dialogue with Tamil Nadu: Karnataka Minister Ramalinga ReddyKarnataka Minister Ramalinga Reddy has reiterated the state's commitment to the Mekedattu project, asserting it will benefit both Karnataka...
- Tamil Nadu CM Vijay moves resolution in Assembly against Mekedatu dam; Congress, VCK extend supportThe Tamil Nadu Legislative Assembly is set to pass a unanimous resolution today against the Karnataka government's proposal to construct a ...
- JAL shares delist from BSE and NSE today: Will its 6.5 lakh shareholders get anything?Jaiprakash Associates shares were delisted from the BSE and NSE on Thursday, marking the closure of one of India's longest-running insolven...
- ED searches at 17 locations in corporate insolvency process caseThe Enforcement Directorate has launched a money laundering probe, conducting searches across 17 locations in Maharashtra and Delhi. The in...
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