Anil Ambani's telecom giant, Reliance Communications, has disclosed its substantial debt amidst a 13.5% year-to-date share ...
India's microfinance sector faces rising delinquencies due to household over-indebtedness, with 27% of borrowers taking new ...
The National Company Law Appellate Tribunal (NCLAT) on Friday rejected the petitions challenging the liquidation of Go First Airways. A coram of Chairperson Justice Ashok Bhushan and Technical Members ...
Reliance Communications share price gained over 1% in one month, but has fallen 13.5% on a year-to-date (YTD) basis. In the past six months, the shares of Anil Ambani-led telecom company has dropped ...
DHFL underwent bankruptcy proceedings in November 2019 after defaulting on thousands of crores in payments, with creditors ...
The development signals a fresh twist in the Go First saga, which began in May 2023 when the airline voluntarily entered ...
The Supreme Court has upheld Piramal Group’s landmark acquisition of Dewan Housing Finance through a reverse merger in 2021, ...
Disciplinary Committee (DC) suspended Insolvency Professional Anil Mehta for three months due to misconduct during the liquidation of Pratibha Industries Limited. The investigation revealed that Mehta ...
Government has Strengthened IBC with Six Amendments and 122 Regulatory reforms since its inception Over 8,000 CIRPs initiated, rescuing 3,485 debtors and realization of ₹3.58 lakh crore ...
India's stressed asset market is attracting foreign investors due to regulatory reforms like the IBC and RBI revisions.
The resolution plan includes an upfront payment of ₹1,800 crore. Nuvoco intends to fund the transaction without a significant ...
The company had in January 2025 received a letter of intent to acquire Vadraj Cement (VCL) under insolvency process. Nuvoco ...