State Bank of India initiated insolvency process against guarantor Rajkumar Dhoot for recovery of around 5,354 crore rupees ($641 million)

Samani, a law graduate and company secretary from India and the UK, joins the company from JM Financial Products

The development comes as current CEO Akshaya Moondra’s term is set to expire on 18 August

The upgrade follows a major reduction in Vedanta’s refinancing risks after $1.1 billion fundraising in new bonds and bank commitments for loans

NFRA plans to hire four legal professionals and 10 CAs on a contractual basis in New Delhi

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

Aalok Shanghvi, son of Sun Pharma’s founder and Chairman & Managing Director Dilip Shanghvi, has been serving as whole-time director since June 2023

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

The brokerage says margins and asset quality are set to normalize going ahead and drive divergence in profitability based on the franchise strength

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

Moody's says the Stable outlook reflects its expectation that the natural resources conglomerate will address its debt maturities

The development came after KSK Mahanadi Power’s creditors declared JSW Energy as successful applicant and approved its resolution plan

tkES India is involved in the business of manufacturing and sells of grain-oriented electrical steel

Uberoi, a veteran of over two decades, has previously worked with firms such as AZB & Partners and Cyril Amarchand Mangaldas

Kumar will lead overall strategy for the aluminum business, including an effective demerger approach for maximizing value

National Company Law Tribunal admits Blu-Smart Mobility for insolvency resolution following a petition filed by Catalyst Trusteeship

Gupta served as head of corporate legal, company secretary and compliance officer at Aditya Birla Capital before joining NSE

HSBC says value retailing remains the core positioning of DMart and will be central to all its offline and online retail endeavors