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

The spending focus will be on new businesses like green hydrogen, clean energy, aviation, semiconductors, EVs and data centers

Existing Raymond shareholders will get the shares in the new listed real estate company in a ratio of 1:1

Tatavarti will step down from her position with effect from close of business hours on 16 August to pursue opportunities outside the company

Nitin Sood, who has been associated with the company for over two decades, opted to explore growth opportunities outside the group

Indian budget carrier appoints Joyakesh Podder as deputy chief financial officer with effect from 15 July

All NCLT members are participating in the National Level Colloquium in Kolkata

Venkata K. Narayana resigns to pursue other interests, including establishing a real estate fund

Indian media and entertainment company’s board approves higher targets to evaluate the performance of Punit Goenka

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

Rohit Kumar Gupta resigns from the company due to personal reasons

The insolvency regulator seeks public comments on its discussion paper by 27 November to make necessary amendments in the regulations

Lele succeeds Sandeep Sangwan, who transitions to the role of Global CMO at Castrol

The reappointment, effective from 1 January 2025, is subject to approval of shareholders

NCLT to hear cases related to Jet Airways, Bhushan Steel, GVK Gautami Power, AMW AutoComponent and NCR Rail Infrastructure

Chandra Shekhar Ghosh will retire from the services of the bank after completing his current tenure on 9 July

Khaitan & Co acted as the legal counsel to the Indian power producer

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