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

NCLT to hear cases related to Reliance Retail, Hindustan Construction Company, Eros International, Zapak Digital, Sterling Healthcare and Gammon India

Zee says the core business units of the proposed structure will include broadcast, digital, movies and music

Astro owns 26 offshore support vessels and the acquisition is part of APSEZ’s strategy to become one of the world’s largest marine operators

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

NCLT to hear cases related to Gensol Engineering, Gensol EV Lease, Think & Learn, Smaaash Entertainment, MT Educare and Reliance Capital

Bernstein initiates coverage on IndusInd Bank and Muthoot Finance with Outperform ratings

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

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

NCLT to hear cases related to Sadbhav Engineering, Ezeego One Travels, ABG Shipyard, Nagarjuna Fertilizers, Future Retail and Tulip Star Hotels

NCLT to hear cases related to Sadbhav Engineering, Dunzo Digital, Shah Alloys, Reliance Capital, Gstaad Hotels, Siti Networks and Manpasand Beverages

Adani Power receives a letter of intent from the resolution professional of Vidarbha Industries, a subsidiary of Reliance Power

The development comes as Bandhan Bank’s current MD & CEO Chandra Shekhar Ghosh is set to retire on 9 July

The upgrade driven by the conglomerate’s reduced refinancing risk after its successful issuance of $900 million in 10.875% notes due in September 20

IndusInd International, a part of Hinduja Group, asks NCLT a 90-day extension for implementation of Reliance Capital’s resolution plan

Vedanta’s board approves acquisition of additional 46.57% stake in AvanStrate from Hoya for a maximum price of 12.2 billion yen ($78 million)

The new organization structure comprises four key critical business segments, namely Broadcast, Digital, Movies and Music

NCLT to hear cases related to Blu-Smart Mobility, Larsen & Toubro, Jindal (India), ABG Shipyard, Manpasand Beverages and Sumeet Industries