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


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


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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


Leadership Lessons New Generation of Entrepreneurs Can Learn From Ratan Tata

Staff Reporter | 10 October 2024

Ratan Tata’s leadership is defined by humility, integrity, vision and a deep commitment to societal welfare


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Reliance Power Faces Insolvency Petition From CFM Over Unit’s Default

Staff Reporter | 12 June 2024

Indian power producer proposes a one-time settlement to CFM Asset Reconstruction


What Are MCA Panel’s Key Recommendations On Digital Competition Law?

Special Correspondent | 13 March 2024

Ministry of Corporate Affairs seeks public comments on its constituted committee’s report on Digital Competition Law and its draft bill by 15 April


What Are IBBI’s Key Changes in Resolution Process Norms For Corporate Persons?

Special Correspondent | 16 February 2024

India’s insolvency regulator amends the norms related to the insolvency resolution for corporate persons to streamline the process


What Are IBBI Panel’s Key Recommendations On Mediation Use Under IBC?

Special Correspondent | 15 February 2024

The expert committee recommends introduction of mediation as a complementary mechanism for resolution of disputes under the bankruptcy law


NCLT Admits World’s Largest Fantasy Sports Platform’s Owner For Insolvency Resolution

Staff Reporter | 13 February 2024

NCLT admits operational creditor Reward Business Solutions’ insolvency petition against Sporta Technologies


RBI Orders India’s “Most Sincere Bank” To Cease All Deposits, Credit Transactions

Staff Reporter | 1 February 2024

RBI orders Paytm Payments Bank, an associate of One 97 Communications, to stop all deposits and credit transactions after 29 February