The lender’s Internal Audit Department is conducting a review of its MFI business to examine certain concerns


The development comes as current Joint MD & CEO Arun Maheshwari will step down, effective 7 November, and move to a new role within JSW Group


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


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


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


Niranjan Gupta to succeed Ritesh Tiwari as CFO with effect from 1 November 2025


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IBBI’s Disciplinary Committee cancels registration of insolvency professional Vineet Aggarwal for failing to discharge his duties on multiple counts


IIFL Finance Appoints Rupesh Samani As Legal Head

Staff Reporter | 22 January 2025

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


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


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


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


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


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


Time To Get Selective On Indian Banks, Morgan Stanley Says

Special Correspondent | 4 September 2024

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


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


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


Shiv Walia is currently corporate vice president as well as global head of financial planning & accounting and business finance operations at HCL