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


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


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


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


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


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


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NCLT Admits Aban Offshore For Insolvency Resolution

Staff Reporter | 2 September 2025

The development comes after Punjab National Bank filed a petition for a default of 366.09 crore rupees


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


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


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


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


Citi says Indian automaker’s 1QFY25 results were above its estimates, driven by strong margin expansion despite escalated discounts


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L&T also agrees to enter into a software license agreement, reseller agreement and colocation agreement with E2E Networks


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


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


Jain, with over 24 years of experience in the housing finance and NBFC sector, has previously worked with Gruh Finance and PNB Housing Finance


Singh, who replaces interim CFO Sandeep Mathew, will assume the role on 24 March


Mrinalini Srinivasan, who most recently worked with Procter & Gamble Hygiene and Health Care, will replace interim CFO Vishal Thakkar