India NCLT Orders To Issue Notice To Gensol Over IREDA’s Insolvency Petition
Staff Reporter | 16 May 2025NCLT 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 2025The 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 2025The 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 2025Jefferies 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 2025A 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 2025The brokerage says the company is well-placed to expand its foods and home & personal care franchise and become a more diversified FMCG play
JSW Energy Gets NCLT Approval To Acquire Bankrupt KSK Mahanadi Power
Staff Reporter | 14 February 2025JSW 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 2025Outsourcing 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 2025Noronha 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 2025The 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 2024The 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 2024S&P says its Stable outlook reflects that Vedanta Resources will proactively address its $1.15 billion April 2026 debt maturities
Credit Risk To Rise Amid Cyberattacks On Larger Companies - Moody's
Staff Reporter | 10 December 2024Moody'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 2024Moody'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 2024Institute 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 2024The 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 2024The 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 2024The amendments aim to provide further boost to institutional arbitration, reduce court intervention and ensure timely conclusion of proceedings