Indiabulls Ltd.

NCLT clarifies Subhash Chandra's Rs 22,000 cr case is not a bank loan write-off, but claims against him as a personal guarantor for Essel Group.

HDFC Bank considers appealing NCLT's ruling in Subhash Chandra's case, where lenders face a 99.97% haircut on Rs 22,000 crore claims. Bank's claim was Rs 680 crore.

Supreme Court directs CBI to examine all six allegations of dubious transactions involving Indiabulls Housing Finance. CBI to probe after previous inaction by EOW.

ZEEL shares tanked 15% as Sebi banned Subhash Chandra & Punit Goenka for a year. The order cites unauthorized Hyderabad land pledge for Essel Group.

Zee Entertainment shares plunged 13% after SEBI banned Subhash Chandra & Punit Goenka for pledging Hyderabad land for Essel Group loans without approval.

Mahanagar Gas (MGL) increases CNG prices by Rs 2/kg and domestic PNG by Rs 1/SCM, effective Sept 1, citing higher input costs from Middle East tensions.

ITC Infotech acquires 22% of Happiest Minds, then merges to form an AI-first enterprise targeting $1 billion turnover by FY28. The combined entity will be listed on BSE/NSE.

Mahindra Group is taking possession of 800 acres in Nagpur for its largest integrated auto & tractor manufacturing facility, part of a Rs 15,000 crore investment.

Jagdish Farshan raises Rs 43.5 Cr. Maharashtra to build IBFC in Nagpur. UTI MF launches two new passive funds. Stay updated with the latest business news.

Mumbai saw a 12% rise in property registrations to 12,580 units in August, driven by strong housing demand and buyer confidence, according to Knight Frank.

Mahanagar Gas (MGL) increases CNG prices by Rs 2/kg and domestic PNG by Rs 1/SCM, effective Sept 1, citing higher input costs from Middle East tensions.

ITC Infotech acquires 22% of Happiest Minds, then merges to form an AI-first enterprise targeting $1 billion turnover by FY28. The combined entity will be listed on BSE/NSE.

NCLT bench refers Subhash Chandra's personal insolvency case to President after failing majority on a Rs 6.5 Cr repayment plan vs Rs 22,000 Cr claims. Lenders appeal to NCLAT.

Mahindra Group is taking possession of 800 acres in Nagpur for its largest integrated auto & tractor manufacturing facility, part of a Rs 15,000 crore investment.

Jagdish Farshan raises Rs 43.5 Cr. Maharashtra to build IBFC in Nagpur. UTI MF launches two new passive funds. Stay updated with the latest business news.