India NCLT Orders To Issue Notice To Gensol Over IREDA’s Insolvency Petition

Staff Reporter | 16 May 2025

NCLT rejects IREDA’s plea to appoint interim resolution professional for Gensol at today’s hearing and posts the case for hearing on 3 June


IREDA Files Insolvency Petition Against Gensol Engineering Over $60 Mln Default

Staff Reporter | 15 May 2025

The state-run company files the petition against Gensol under Section 7 of the Insolvency & Bankruptcy Code


Bar Council Of India Amends Rules For Entry Of Foreign Lawyers, Law Firms

Staff Reporter | 14 May 2025

The amendments aim to safeguard the interest of Indian advocates while regulating the practice of foreign law and international law in the country


Why Is Jefferies Bullish On Indian Hotel Sector?

Staff Reporter | 8 May 2025

Jefferies believes the stock re-rating for hotels will stay on the back of strong travel/tourism upturn and bets on three Indian hotel companies


Induslnd Bank MD & CEO Sumant Kathpalia Resigns Amid Derivatives Saga

Staff Reporter | 30 April 2025

A committee of executives will oversee the operations of the bank in the interim


Jefferies Bullish On Patanjali Foods; Starts Coverage At Buy

Staff Reporter | 15 March 2025

The brokerage says the company is well-placed to expand its foods and home & personal care franchise and become a more diversified FMCG play


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JSW Energy Gets NCLT Approval To Acquire Bankrupt KSK Mahanadi Power

Staff Reporter | 14 February 2025

JSW Energy’s resolution plan proposes to pay a total of $1.85 billion to KSK Mahanadi’s creditors


India’s Busiest NCLT Bench Staff Strike Over Salary Delays

Staff Reporter | 14 January 2025

Outsourcing and contractual staff at NCLT’s Mumbai bench demand immediate release of their December salary and a long-overdue salary revision


DMart Retail Chain Owner’s MD & CEO Ignatius Navil Noronha To Step Down

Staff Reporter | 13 January 2025

Noronha to step down after over two decades of stint; board appoints Unilever’s Anshul Asawa as CEO-designate


What Will Be The Future Of Jobs? WEF Report Reveals

Staff Reporter | 8 January 2025

The WEF says shifting global trends in technology, economy, demographics and the green transition will likely create 78 million new jobs by 2030


JSW Energy Seals Largest Deal Since Inception; To Buy O2 Power For $1.5 Bln

Staff Reporter | 27 December 2024

The acquisition of 4.7-GW renewable energy platform would help JSW Energy in achieving its renewable-led capacity growth target of 20-GW before FY30


S&P Upgrades Vedanta Resources To B On Reduced Refinancing Risk

Staff Reporter | 20 December 2024

S&P says its Stable outlook reflects that Vedanta Resources will proactively address its $1.15 billion April 2026 debt maturities


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Credit Risk To Rise Amid Cyberattacks On Larger Companies - Moody's

Staff Reporter | 10 December 2024

Moody's says cyber risk will intensify next year as attackers switch tactics in response to better corporate cyber defenses


Moody's Changes Outlook On Seven Adani Group Companies To Negative

Staff Reporter | 26 November 2024

Moody's says US indictment of group executives on bribery and other charges likely to weaken Adani Group's funding access and raise its capital costs


India Audit Regulator Recommends Revision In Quality & Auditing Standards

Staff Reporter | 13 November 2024

Institute of Chartered Accountants of India expresses disagreement over these revised standards, which will become effective from 1 April 2026


IBBI Proposes Mediation Option For Operational Creditors Before NCLT Process

Staff Reporter | 6 November 2024

The proposal aims to reduce the burden on the adjudicating authority and expedite insolvency admissions


IBBI Asks Liquidators To List Asset Details On Centralized e-Auction Platform

Staff Reporter | 31 October 2024

The insolvency regulator partners with Indian Banks’ Association to facilitate auction of assets through eBKray platform to boost liquidation value


India Seeks Feedback On Draft Arbitration & Conciliation (Amendment) Bill

Staff Reporter | 19 October 2024

The amendments aim to provide further boost to institutional arbitration, reduce court intervention and ensure timely conclusion of proceedings