Search result for 'resolutions'

Airport Renaming: 22 Airports Proposed for Name Change | India News

July 25, 2024 19:34

India's civil aviation ministry has received proposals from 10 states to rename 22 airports, including Tirupati Airport to 'Sri Venkateswara Airport' and Darbhanga Airport to 'Vidyapati Airport'.

Karnataka Assembly Opposes Delimitation, 'One Nation, One Election', NEET

July 25, 2024 14:43

Karnataka Assembly adopts resolutions against delimitation, 'One Nation, One Election' proposal, and NEET exam, sparking protests from opposition parties. The resolutions urge the Centre to...

Clearer FDI Guidelines Needed for China: NITI Aayog

July 25, 2024 14:34

NITI Aayog calls for clearer FDI guidelines for China, citing slow case-by-case review. India seeks Chinese investment but tensions persist.

Karnataka Assembly Rejects Delimitation, 'One Nation, One Election', NEET

July 25, 2024 12:43

Karnataka Assembly passed resolutions against delimitation, 'One Nation, One Election' proposal and NEET, citing concerns over democracy, federalism and education.

Union Budget: Employment-Centric, Pro-Agriculture, Pro-Business - SJM

July 24, 2024 16:40

Swadeshi Jagaran Manch (SJM) hails the Union Budget 2024-25, praising its focus on employment, agriculture, MSMEs, and entrepreneurship. SJM highlights key initiatives like internship programs,...

USIBC Lauds India Budget for Global Value Chain Integration

July 24, 2024 06:36

The US India Business Council (USIBC) has praised India's Union Budget 2024 for its focus on measures to increase integration into global value chains, calling it a key step in strengthening...

Manipal Group Acquires Stake in Aakash Educational Services

July 23, 2024 22:01

CCI approves Manipal Health Systems and MEMG Family Office's acquisition of a stake in Byju's-owned Aakash Educational Services.

Budget 2024: Vivad Se Vishwas 2.0, Tax Litigation Reduction

July 23, 2024 19:23

India's Budget 2024 proposes Vivad Se Vishwas 2.0 to reduce tax litigation, tightens reassessment rules, and increases appeal thresholds.

Budget 2024-25: Fiscal Prudence & Economic Growth

July 23, 2024 17:11

Experts applaud India's Union Budget 2024-25 for maintaining fiscal prudence, focusing on capital expenditure and targeting a 4.9% fiscal deficit. The budget aims to stimulate economic growth and...

IIHL Gets Extension to Complete Reliance Capital Resolution Plan

July 23, 2024 12:35

The National Company Law Tribunal has granted an extension till August 10 to IIHL to complete the formalities to implement the resolution plan for bankrupt Reliance Capital. The tribunal directed...

IBC Changes: FM Proposes Tribunal Strengthening, Digital Platform

July 23, 2024 11:51

Finance Minister Nirmala Sitharaman announced changes to the Insolvency and Bankruptcy Code (IBC), including tribunal strengthening and a digital platform for improved outcomes.

Supertech Township Projects Faces Insolvency Over Rs 216 Crore Debt

July 22, 2024 17:55

The National Company Law Tribunal has ordered insolvency proceedings against Supertech Township Projects over a Rs 216.92 crore default by Punjab & Sind Bank. This is the third Supertech group firm...

Real Estate Complaints Resolved: RERA Impact on India's Market

July 22, 2024 17:02

India's Real Estate (Regulation & Development) Act, 2016 (RERA) has successfully resolved nearly 1.25 lakh consumer complaints against developers, promoting transparency and consumer protection in...

Economic Survey: China FDI for Indian Manufacturing & Exports

July 22, 2024 15:22

India's Economic Survey suggests attracting FDI from China to boost local manufacturing and exports, aiming to capitalize on 'China plus one' strategy despite geopolitical tensions.

Insolvency & Bankruptcy Code: Rs 10.2 Lakh Cr Defaults Settled

July 22, 2024 14:44

India's Insolvency & Bankruptcy Code (IBC) has helped settle Rs 10.2 lakh crore in defaults since 2016, with real estate companies accounting for a significant portion. The IBC has also enabled...

India's Renewable Energy Sector to Attract Rs 30.5 Lakh Cr Investment by 2030

July 22, 2024 14:33

India's renewable energy sector is set to attract investments worth Rs 30.5 lakh crore by 2030, driven by the government's ambitious target of 500GW renewable energy by 2030. The Economic Survey...

Apple Import Duty Demand: AFFI Calls for 100% Tariff

July 21, 2024 20:40

Apple Farmers' Federation of India (AFFI) demands a 100% import duty on apples to protect local farmers from competition. The organization also seeks minimum procurement price and storage facilities.

Airlines Operations Resume After IT Outage

July 20, 2024 21:49

Airlines operations across India have returned to normal after a global IT outage impacted systems on Friday. Flights are now operating as scheduled, but some delays may persist.

Airline Systems Back to Normal After Global Outage

July 20, 2024 11:27

India's Civil Aviation Minister confirms airline systems are working normally after a global IT outage impacted operations on Friday. Flights are expected to be back on schedule by noon Saturday.

SpiceJet Resumes Services After Microsoft Outage - PTI

July 19, 2024 23:00

SpiceJet reports its systems are back online after a global Microsoft outage disrupted operations on Friday. The airline says all scheduled flights are operating as planned.

Online Platform for NTB Resolution in 2-3 Months

July 19, 2024 18:51

India to launch an online platform for registering and resolving non-tariff barriers (NTBs) faced by exporters within the next 2-3 months. The portal aims to streamline trade by addressing SPS and...

Microsoft Global Outage: Windows Devices Affected - Latest Updates

July 19, 2024 15:14

Microsoft acknowledges a global outage affecting Windows devices due to a third-party update. Learn about the impact on airlines, banks, and businesses, and the latest updates.

China Reforms to Boost Economy: Xi's Leadership Emphasized

July 18, 2024 18:55

China's Communist Party adopts reforms to revive economic growth, with a focus on socialist modernization by 2035. Xi Jinping's 'core' leadership is re-emphasized.

Byju's Appeals NCLT Insolvency Order: Urgent Hearing Sought

July 18, 2024 17:30

Byju's challenges the NCLT order allowing BCCI's insolvency petition, seeking an urgent hearing. The edtech firm faces Rs 158.9 crore dues to the cricket board.

PwC Urges Tax Break Extension for Manufacturing

July 17, 2024 17:56

PwC recommends extending the 15% tax rate for new manufacturing companies and a tax amnesty scheme for Customs disputes, ahead of the 2024-25 Union Budget.

GVK Power Faces Insolvency: Loan Default Leads to NCLT Proceedings

July 16, 2024 19:01

GVK Power and Infrastructure Ltd faces insolvency proceedings after failing to repay loans to lenders, including ICICI Bank. The NCLT has appointed an interim resolution professional to manage the...

Paytm Gets SEBI Warning Over Related Party Transactions

July 16, 2024 13:24

Paytm's parent company, One 97 Communications, received an administrative warning from SEBI for exceeding related party transactions with Paytm Payments Bank in FY22 without proper approvals.

Vedanta Launches Rs 8,500-cr QIP at Rs 461.26/share

July 15, 2024 22:30

Vedanta Ltd announces a qualified institutional placement (QIP) issue at a floor price of Rs 461.26 per share, aiming to reduce debt and fund capital expenditure.

Zee Entertainment Raises Rs 2,000 Crore: Shareholders Approve Plan

July 15, 2024 22:12

Zee Entertainment shareholders have approved a plan to raise Rs 2,000 crore through equity shares and QIPs. The move follows the termination of the Sony merger deal and is expected to boost...

IL&FS Submits Revised Financials to NCLT

July 15, 2024 20:57

IL&FS has submitted revised financial statements for two of its group companies, IL&FS Transportation and IL&FS Financial Services, to the National Company Law Tribunal (NCLT).

India Digital Payments to Double to USD 7 Trillion by 2030: Report

July 14, 2024 14:04

A new report by Kearney and Amazon Pay predicts India's retail digital payments will double to USD 7 trillion by 2030, driven by increasing adoption of UPI and other digital payment methods.

US-India Forum Urges Stable Tax Environment Ahead of Budget

July 12, 2024 22:13

The US-India Strategic Partnership Forum has urged Finance Minister Nirmala Sitharaman to ensure a stable and predictable tax environment ahead of the upcoming budget. The forum suggests...

ICAI to Set Up Section 8 Company for Mediation & Arbitration

July 12, 2024 21:19

ICAI is establishing a Section 8 company for mediation and arbitration activities, as per directives from the Law Ministry. The move aims to enhance dispute resolution capabilities in India.

Simbhaoli Sugars Faces Insolvency: NCLT Orders Proceedings

July 12, 2024 19:49

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Simbhaoli Sugars Ltd, a leading sugar company, on a petition filed by a former lender.

Open VC Link for Traders to Interact with DPIIT

July 12, 2024 18:05

A new voice chat link has been launched on the DPIIT website to enable weekly interactions between traders and the National Traders Welfare Board.

IBC Transparency & Faster Resolution for Better Recovery: IBBI Chief

July 12, 2024 17:20

IBBI chief urges insolvency professionals for transparency, faster resolution of stressed assets under IBC for better recovery, emphasizing genuine innovations and improved information memoranda.

Chhattisgarh Approves Forest Land for Rajasthan Coal Supply

July 12, 2024 13:45

Chhattisgarh government approves use of 91.21 hectares of forest land for coal supply to Rajasthan power plants, ensuring uninterrupted power supply in the state.

NCLT Orders Go First to Release Aircraft Engines

July 11, 2024 22:44

The National Company Law Tribunal (NCLT) has directed Go First to release four aircraft engines to Engine Lease Finance (ELF) BV. This is the fourth extension for Go First to complete the Corporate...

Rajasthan Budget 2025: Rs 27,000 Cr for Health, Tap Water to 25 Lakh Homes

July 10, 2024 13:06

Rajasthan's FY25 budget allocates Rs 27,000 crore to health, Rs 15,000 crore for rural water supply, and promises 4 lakh job vacancies filled in 5 years.

Nestle India Shareholders Approve Royalty Rate

July 8, 2024 22:19

Nestle India shareholders have approved to continue paying royalty to its parent firm at the current rate of 4.5% of net sales. The company had previously proposed an increase in royalty but it was...

SBI Report: Time to Divest State-Owned Banks

July 8, 2024 16:07

SBI recommends disinvestment of public sector banks and consolidation of existing banks in its report. The report also calls for changes to the tax on deposit interest and improvements to the...

YEIDA Withdraws Appeal Against Ace Infracity Bid

July 7, 2024 19:08

YEIDA has withdrawn its appeal against Ace Infracity's bid for Three C Homes after accepting a proposal for farmer compensation. The NCLAT approved the bid, which includes a Rs 140.39 crore...

Torrent Power Seeks Rs 5,000 Cr Fundraise via Equity

July 5, 2024 17:47

Torrent Power seeks shareholder approval to raise up to Rs 5,000 crore through equity shares for expansion and working capital needs. The company also plans to elevate Jinal Mehta as Vice Chairman...

Coffee Day Enterprises Reports Rs 433.91 Crore Default in Q1 FY25

July 5, 2024 14:10

Coffee Day Enterprises Ltd (CDEL) has reported a total default of Rs 433.91 crore in Q1 FY25 due to a liquidity crisis, according to a regulatory update. This includes defaults on interest and...

CJI Advises SEBI, SAT on Caution Amid Market Surge

July 4, 2024 13:00

India's Chief Justice urges SEBI and SAT to exercise caution amid soaring markets, highlighting the need for stability and effective dispute resolution.

Insolvency Professionals Face Challenges from Statutory Authorities: Survey

July 3, 2024 21:21

A survey reveals that insolvency professionals face significant challenges from statutory authorities during the IBC process, including delays and conflicting demands.

Supertech Realtors Insolvency Case: NCLAT Awaits Lenders' Decision

July 3, 2024 20:12

NCLAT delays insolvency proceedings against Supertech Realtors, pending lenders' decision on a revised settlement offer. The Supernova project, under construction, will continue under IRP supervision.

ED Arrests 3 in Fraudulent Company Takeover

July 3, 2024 20:12

The Enforcement Directorate (ED) has arrested 3, including a CA, for allegedly defrauding a consortium of banks and regaining control of an insolvent company.

GST Council Amendments in Finance Bill: CBIC Chief

July 3, 2024 17:05

CBIC Chairman reveals GST Council decisions on amnesty, profiteering, and rate rationalization will be incorporated into the Finance Bill 2024. Learn about the key amendments and their implications.

Jaiprakash Associates Insolvency: Lenders Reject OTS Proposal

July 3, 2024 16:26

Lenders of Jaiprakash Associates Ltd (JAL) have rejected the modified one-time settlement proposal submitted by the debt-ridden group. The NCLAT will now proceed with the insolvency proceedings.

India Develops Platform to Address Export Barriers

July 2, 2024 16:05

India's commerce ministry is creating a platform to register and address non-tariff barriers faced by exporters, aiming to boost trade and achieve a USD 1 trillion export target by 2030.

Kapil Wadhawan Challenges Insolvency Proceedings - NCLAT

July 1, 2024 20:39

Kapil Wadhawan, former DHFL promoter, appeals NCLT order to initiate personal insolvency proceedings against him. The case has been adjourned to July 18.

Karnataka Gig Worker Bill: Welfare Fund, Grievance Cell & More

July 1, 2024 19:23

Karnataka Govt releases draft bill for platform-based Gig workers, aiming to protect their rights with a welfare fund, grievance cell & more. The bill will be tabled in the next Assembly session.

GST: Simplified Compliance, Challenges Remain

June 30, 2024 16:45

India's GST has boosted tax revenue and simplified compliance, but fake invoices and fraudulent registration remain major concerns. Learn more about the impact of GST on Indian economy.

IFFCO Withdraws NCLT Plea in Triumph Offshore Case

June 29, 2024 17:16

IFFCO has withdrawn its plea in the NCLT that restrained Triumph Offshore from issuing shares to lenders after selling its 49% stake to Swan Energy.

BRICS Nations: Ensure Developing Countries Utilize Carbon Space - India

June 28, 2024 19:11

India urges BRICS nations to ensure developing countries utilize remaining carbon space, advocating for equity and differentiated responsibilities in climate action.

Sri Lanka Finalizes Debt Restructuring with Creditors

June 26, 2024 15:55

Sri Lanka has finalized a debt restructuring agreement with its bilateral lenders, including India and China, to meet an IMF bailout condition. The agreement grants significant debt relief.

Budget 2024: EY Suggests Doubling Standard Deduction, Raising Exemption Limit

June 26, 2024 15:39

EY recommends doubling the standard deduction to Rs 1 lakh or increasing the basic exemption limit to Rs 3.5 lakh in the upcoming budget, along with other tax reforms for economic growth.

Aer Lingus Pilots Strike: Hundreds of Flights Cancelled

June 26, 2024 15:31

Aer Lingus pilots have launched work-to-rule actions, leading to flight cancellations and disrupting travel plans. The strike is over pay and working conditions.

Sebi Issues Guidelines on MII Committees: Structure & Responsibilities

June 25, 2024 22:28

Sebi has revised its oversight framework for stock exchanges and MIIs, defining the structure and responsibilities of statutory committees to enhance governance. Learn more about the new guidelines.

Rajasthan Investment Summit-2024: Abundant Opportunities for Investors - CM

June 25, 2024 19:07

Rajasthan Chief Minister expresses confidence in state's investment potential, outlining abundant opportunities for investors at the upcoming Rajasthan Investment Summit-2024.

Jaiprakash Associates Insolvency: Lenders Doubt Settlement

June 24, 2024 22:20

Lenders raise concerns over Jaiprakash Associates' one-time settlement proposal, citing lack of conviction. NCLAT directs lenders to consider the proposal by July 3.

Siti Networks Insolvency Resolution Extended

June 24, 2024 17:44

Lenders of Siti Networks have sought more time to complete the insolvency resolution process of the debt-ridden firm. The CoC met last week to discuss timelines and process updates.

Reliance Shareholders Oppose Aramco Chairman Reappointment

June 22, 2024 11:32

Reliance Industries shareholders approved the reappointment of Saudi Aramco Chairman Yasir Othman H Al-Rumayyan as an independent director, but over 16% voted against the proposal.

Noida Authority Seeks Dues from Developers: ATS, Supertech, Logix Owe Crores

June 21, 2024 22:15

Noida Authority has issued notices to real estate developers including ATS, Supertech, and Logix, demanding settlement of dues worth hundreds of crores. The move aims to address homebuyer distress...

IBBI Proposes Insolvency Rule Amendments: Public Comments Sought

June 20, 2024 22:29

The IBBI has proposed amendments to insolvency rules aimed at enhancing efficiency and reducing costs. Public comments are invited until July 10.

RCap Resolution: NCLT Defers IIHL Deadline to June 25

June 20, 2024 18:55

The National Company Law Tribunal (NCLT) has deferred the matter regarding IIHL's plea for an extension of the deadline to complete Reliance Capital's resolution to June 25. The matter...

DPIIT holds consultation on further promoting ease of doing business with industry, other depts

June 19, 2024 19:58

The DPIIT sought inputs from industry and other ministries on promoting ease of doing business in India, focusing on Jan Vishwas law 2.0, World Bank's Business Ready index, and the National Single...

Proxy Firm Recommends Against Gautam Singhania's Reappointment at Raymond

June 19, 2024 18:08

A proxy advisory firm recommends shareholders vote against Gautam Singhania's reappointment at Raymond due to allegations of domestic violence and misappropriation of funds, calling for an...

GST Perception Positive: Deloitte Survey - India Inc. Confident

June 19, 2024 11:36

Deloitte survey reveals positive perception of GST among top executives, highlighting areas for further reform like tax rate rationalisation and dispute resolution. Read more.

Sebi slaps penalty on OP Jindal Group's firm Hexa Tradex, other entities

June 18, 2024 20:42

Sebi has penalized OP Jindal Group's Hexa Tradex Ltd and its promoters for breaching delisting norms and disclosure rules. The regulator slapped fines totalling Rs 35 lakh.

Visa Facilitation for Chinese Technicians in India: SOP in Final Stages

June 16, 2024 15:15

India is finalizing a standard operating procedure (SOP) to streamline visa approvals for Chinese technicians needed in manufacturing units, addressing concerns about delays. The SOP aims to...

Dharavi Redevelopment: No Land Transfer to Adani, Only Developer Role - Sources

June 16, 2024 12:14

Sources clarify that the Dharavi redevelopment project involves no land transfer to the Adani group, but to the Maharashtra government. Adani will act as a developer, building houses for residents...

NCLT orders insolvency proceeding against Supernova project developer Supertech Realtors

June 15, 2024 18:21

NCLT orders insolvency proceedings against Supertech Realtors for its Supernova project due to a Rs 168.04 crore default to Bank of Maharashtra. The project, a 80-floor building, is facing...

Sebi Cancels Grovalue Fin Services Registration: Market Norms Violation

June 14, 2024 21:06

Sebi has cancelled the registration of Grovalue Financial Services for violating market norms and failing to comply with research analyst regulations. The regulator found the firm had not resolved...

Reliance Capital Resolution: NCLT Hearing on June 20

June 13, 2024 19:14

The NCLT will hear IIHL's plea for an extension to complete Reliance Capital's resolution on June 20. The Hinduja Group firm is the successful bidder for the debt-ridden company.

Go First Insolvency Extended: NCLT Grants 60 Days

June 13, 2024 12:47

The National Company Law Tribunal (NCLT) has granted a fourth extension of 60 days to Go First to complete the insolvency process, pushing the deadline to August 3, 2024.

Jaypee Infratech Delists Shares, Appoints New CFO

June 13, 2024 10:42

Jaypee Infratech, now under Suraksha Group control, appoints new CFO and will delist shares. Suraksha Group will infuse Rs 125 crore to complete unfinished projects.

Havells Defends Director Remuneration, Rejects Proxy Firm's Advice

June 12, 2024 21:30

Havells India defends the remuneration proposed for its directors, rejecting a proxy firm's advice to shareholders to vote against their reappointments, citing their experience and contribution to...

Nestle India Rejects Royalty Hike, Stays at 4.5%

June 12, 2024 19:27

Nestle India has rejected a proposal to increase royalty payments to its parent company, keeping the rate at 4.5% of net sales. The decision came after shareholders voted against the hike.

BRICS: A Key Global Forum, Says South African Minister

June 12, 2024 19:17

South African Minister Naledi Pandor hails BRICS as a key global forum, emphasizing its role in shaping a more equitable world order.

Suraksha Group Invests Rs 125 Cr in Jaypee Infratech

June 12, 2024 10:50

Suraksha Group has infused Rs 125 crore in Jaypee Infratech, acquired through insolvency, to complete 20,000 unfinished flats in Delhi NCR and settle bank dues.

Sensex, Nifty Flat Amid Volatility: US Rates, Fed Policy in Focus

June 11, 2024 16:13

Indian stock markets closed almost flat on Tuesday, with investors awaiting further cues. Sensex and Nifty hit record highs on Monday but ended lower due to fag-end selling. US rate cuts and Fed...

Jaiprakash Associates Insolvency: NCLAT Orders ICICI to Consider OTS

June 11, 2024 15:13

NCLAT orders ICICI Bank to consider Jaiprakash Associates' one-time settlement proposal, setting a June 24 deadline. The debt-ridden company seeks to pay off its debt within 18 weeks.

NCLT Initiates Insolvency Against Himalayan Mineral Water

June 9, 2024 13:37

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Himalayan Mineral Waters for defaulting on a corporate guarantee given for LeeL Electricals. The insolvency...

IBBI Streamlines IP Appointment Process - New Guidelines

June 6, 2024 22:15

The Insolvency and Bankruptcy Board of India (IBBI) has issued new guidelines to streamline the appointment of insolvency professionals (IPs) as interim resolution professionals, liquidators, and...

Noida Authority Seizes AMG Group Assets Over Rs 2,409 Cr Dues

June 6, 2024 20:24

Noida Authority has ordered attachment of AMG group properties over Rs 2,409.77 crore dues for two land allotments in the city. The group contests the dues amount but the authority will proceed...

Orient Green Power Seeks Share Capital Hike to Rs 2,500 Cr

June 6, 2024 16:33

Orient Green Power plans to increase its authorised share capital to Rs 2,500 crore from Rs 1,600 crore, seeking shareholder approval at its AGM on June 28, 2024.

Suraksha Group Takes Over Jaypee Infratech: Relief for Homebuyers

June 5, 2024 13:21

Suraksha Group has taken over Jaypee Infratech, bringing relief to over 20,000 homebuyers. The group will infuse Rs 125 crore to start construction of stalled projects.

Infosys CEO Salil Parekh's Pay Up 17% to Rs 66.24 cr in FY24

June 3, 2024 20:25

Infosys CEO Salil Parekh's annual remuneration rose by 17% to Rs 66.24 crore in FY24, making him one of the highest-paid tech CEOs in India. His compensation includes salary, bonuses, and...

NCLT Initiates Insolvency Against Jaiprakash Associates

June 3, 2024 18:48

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Jaiprakash Associates Ltd, admitting a plea filed by ICICI Bank. The move comes after JAL, the flagship firm of...

Sebi Launches Saa?thi 2.0 App: Personal Finance for Investors

June 3, 2024 18:01

Sebi has launched a mobile app, Saa?thi 2.0, to help investors with personal finance. The app offers tools to simplify financial concepts, including KYC procedures, mutual funds, and ETFs.

RBI Warns of 'Tainted' Promoters Misusing ARC Route

May 31, 2024 20:58

RBI Deputy Governor M Rajeshwar Rao expresses concern over 'tainted' promoters misusing the ARC route to enter bankruptcy proceedings and calls for improved governance practices in ARCs.

REC Board Approves Foreign Borrowing Limit Increase to USD 24 Billion

May 31, 2024 19:35

REC Ltd has increased its foreign currency borrowing limit to USD 24 billion, while retaining its INR borrowing limit at Rs 6 lakh crore. The company also approved raising funds through private...

NCLAT Reopens Eagle Fashions Bid for Sumeet Industries

May 31, 2024 19:11

The National Company Law Appellate Tribunal (NCLAT) has asked NCLT to reconsider Eagle Fashions'' bid for debt-ridden Sumeet Industries, setting aside an earlier rejection.

Modi Govt Recovered Rs 10 Lakh Cr Bad Loans: FM

May 31, 2024 12:49

Finance Minister Nirmala Sitharaman highlights Modi government's success in turning around the banking sector, recovering over Rs 10 lakh crore in bad loans and implementing reforms for greater...

NCLT Replaces Resolution Professional in Subhash Chandra's Insolvency Case

May 30, 2024 22:06

The National Company Law Tribunal (NCLT) has replaced the resolution professional in the insolvency proceedings against Zee founder Subhash Chandra, following a plea by Chandra. Shiv Nandan Sharma...

IBC Success: FM Slams Congress for Regressive Policies

May 30, 2024 19:12

Finance Minister Nirmala Sitharaman highlights the success of the Insolvency and Bankruptcy Code (IBC), criticizing Congress for hindering economic growth with regressive policies.

Jet Airways Delays FY24 Results, Resolution Plan Underway

May 30, 2024 17:12

Jet Airways announces delay in FY24 results due to implementation of the approved resolution plan. The monitoring committee will meet to review financial performance.

Smart TV Shipments Decline in India: Samsung Takes Lead

May 30, 2024 15:19

Smart TV shipments in India declined 14% in Q1 2024 due to muted demand and excess inventory. Samsung reclaimed the top spot, while Chinese brands saw a 30% decline.

Unclaimed Bank Deposits Rise 26% to ₹78,213 Crore

May 30, 2024 12:25

Unclaimed deposits with banks surged 26% to ₹78,213 crore in FY24. The RBI's annual report reveals the increase, driven by deposits remaining inactive for over 10 years. The central bank has...

Edelweiss Stock Plunges 14% After RBI Restrictions

May 30, 2024 12:22

Edelweiss Financial Services stock plummeted over 14% after the RBI imposed business restrictions on its lending and asset reconstruction arms due to concerns over evergreening of loans.

Sebi Simplifies Warehouse Inspection Rules for Clearing Corporations

May 29, 2024 22:19

Sebi has simplified guidelines for warehouse inspections by clearing corporations, reducing unnecessary inspections for facilities without stocks and promoting ease of doing business. The regulator...

Adani Energy Solutions to Raise Rs 12,500 Cr via Equity Shares

May 29, 2024 18:02

Adani Energy Solutions seeks shareholder approval to raise Rs 12,500 crore through a qualified institutional placement (QIP) to fund expansion and portfolio growth.

Jet Airways Insolvency: JKC Withdraws Escrow Plea

May 28, 2024 17:37

The Jalan Kalrock Consortium (JKC) has withdrawn its plea to put Rs 200 crore in escrow after the NCLAT refused relief. The matter is now before the Supreme Court.

NCLAT Upholds Adani Goodhomes Bid for Radius Estate

May 28, 2024 16:53

NCLAT has upheld Adani Goodhomes' resolution plan for Radius Estate, giving creditors a 93% haircut. The plan was opposed by dissenting financial creditors, but the tribunal said it was 'commercial...

Adani Enterprises to Raise USD 3.5 bn via QIP

May 28, 2024 15:28

Adani Enterprises, the flagship firm of Gautam Adani's conglomerate, has approved a fundraise of Rs 16,600 crore (USD 2 billion) through a qualified institutional placement (QIP). The fundraising...

KAL Airways to Seek Rs 1,323 cr from SpiceJet

May 27, 2024 14:24

KAL Airways and Kalanithi Maran will seek over Rs 1,323 crore in damages from SpiceJet and Ajay Singh, challenging a Delhi High Court ruling in their ongoing dispute.

BharatPe & PhonePe Settle Trademark Dispute

May 26, 2024 15:25

BharatPe and PhonePe have amicably resolved their long-standing trademark disputes involving the 'Pe' suffix, ending legal proceedings and paving the way for both companies to register their...

Busy Bee Airways Withdraws Go First Bid

May 25, 2024 17:40

Busy Bee Airways, owned by EaseMyTrip's CEO Nishant Pitti, has withdrawn its bid for Go First, which is undergoing an insolvency resolution process. The decision comes after the Delhi High Court...

Himachal Cong Slams Modi Over Flood Aid: Did BJP Give Special Relief?

May 25, 2024 14:36

Himachal Pradesh Congress leaders criticize PM Modi over his claims on flood aid distribution, demanding transparency on the amount given to the state. They question the PM's absence during...

NCLAT Upholds Jaypee Infra Acquisition, Suraksha to Pay More

May 24, 2024 15:39

NCLAT upholds Suraksha Realty's bid to acquire Jaypee Infratech but orders additional Rs 1,300 crore payment for farmers' compensation. The decision provides relief to homebuyers.

TFCI Appoints Anoop Bali as Managing Director

May 23, 2024 19:09

Tourism Finance Corporation of India (TFCI) appoints Anoop Bali as its Managing Director, adding to his role as CFO. Bali brings over 34 years of experience in finance and business development.

RCap Seeks 90-Day Extension to Implement Resolution Plan

May 23, 2024 13:52

Reliance Capital administrator has requested a 90-day extension from NCLT to implement the resolution plan submitted by the Hinduja Group. The deadline for implementation was originally May 27, 2024.

UK Inflation Falls to 2.3%, Lowest in 3 Years

May 22, 2024 15:50

UK inflation drops to 2.3% in April, the lowest in nearly three years, but remains above the Bank of England's target. Read more about the impact on the economy and interest rates.

AI Safety Summit: Google, Meta, OpenAI Pledge Safe AI Development

May 21, 2024 19:26

Leading AI companies, including Google, Meta, and OpenAI, commit to developing AI safely at the Seoul AI Summit, pledging to halt development if risks can't be mitigated.

India's Economic Take-Off: RBI Bulletin Signals Positive Outlook

May 21, 2024 17:27

India's economy is on the cusp of a long-awaited take-off, fueled by rising aggregate demand and robust rural spending, according to the latest RBI Bulletin.

Real Estate Case Resolution under IBC: Study Highlights Reforms

May 20, 2024 19:22

A study by the Indian Institute of Insolvency Professionals highlights the need for legal and administrative reforms to streamline real estate case resolution under the Insolvency and Bankruptcy...

GST Officials Address Shared Warehouse Taxation Issues for E-Commerce

May 20, 2024 15:14

GST authorities are working on a mechanism to address taxation and registration issues related to shared warehouses used by e-commerce companies for multiple suppliers. The focus is on finding...

FPIs Pull Out Rs 28,200 Cr from Indian Equities: Election Jitters, China's Appeal

May 19, 2024 11:59

Foreign investors have withdrawn a massive Rs 28,200 crore from Indian equities this month, driven by uncertainty surrounding the general elections and attractive valuations in Chinese markets.

Nestle India Shareholders Reject Royalty Hike

May 18, 2024 19:37

Nestle India shareholders have rejected a proposal to increase royalty payments to its parent firm. The move follows a previous hike in 2013. Learn more about the decision and its implications.

IDFC Merges with IDFC First Bank: Shareholders Approve

May 18, 2024 16:20

IDFC First Bank shareholders and NCD holders have approved the merger of parent IDFC Ltd with the lender. The amalgamation will create a full-service universal bank with no promoter entity.

Sebi Fines Reliance Home Finance Rs 8 Lakh for Disclosure Lapses

May 17, 2024 21:50

Sebi penalized Reliance Home Finance Rs 8 lakh for failing to disclose NCLT order information and debt resolution plan details within stipulated timeframes.

Reliance Capital Seeks Extension to Transfer Assets to Hinduja

May 17, 2024 20:18

Reliance Capital's administrator requests a 10-day extension from RBI to transfer assets to Hinduja Group company, Aasia Enterprises. The deadline for the transfer was Friday, May 17.

Creditors' Haircuts Jump to 73% in FY24: IBC Report

May 17, 2024 17:08

Creditors' haircuts in Indian bankruptcy cases rose to 73% in FY24, with resolution times increasing, according to Icra report. Learn about the impact on creditors and the insolvency process.

India Needs More FTAs, Lower Tariffs: Niti Aayog CEO

May 17, 2024 16:26

Niti Aayog CEO BVR Subrahmanyam advocates for more Free Trade Agreements (FTAs) and lower tariffs to boost India's competitiveness on the global stage.

Vineet Nayyar: IAS Officer & IT Leader Passes Away at 85

May 16, 2024 19:58

Vineet Nayyar, former IAS officer and IT industry leader, passed away at 85. He was the executive vice-chairman of Tech Mahindra and led HCL Technologies. Learn more about his life and legacy.

Oberoi Realty Shares Hit 52-Week High, Up 9%

May 16, 2024 12:22

Oberoi Realty shares surged nearly 9% on Thursday, reaching a 52-week high after the company reported a 64% jump in net profit for the March quarter and announced plans to raise Rs 4,000 crore.

Oberoi Realty Q4 Profit Soars 64% to Rs 788 Cr, Plans Rs 4,000 Cr Fundraise

May 15, 2024 18:23

Oberoi Realty's Q4 profit surged 64% to Rs 788 crore. The company plans to raise up to Rs 4,000 crore through equity shares and non-convertible debentures. Read more.

Public Sector Banks Profit Surges to Rs 1.4 Lakh Crore in FY24

May 14, 2024 12:56

Public sector banks in India recorded a massive 35% increase in profit in FY24, reaching Rs 1.4 lakh crore. This growth is attributed to government reforms and recapitalization efforts.

India's Manufacturing Push: Competing with China - EAM Jaishankar

May 12, 2024 17:24

India's EAM Jaishankar emphasizes the need to boost domestic manufacturing to compete with China. He highlights the importance of 'Make in India' and 'PLI' schemes.

Hinduja Group to Take Over Reliance Capital: IRDAI Approves

May 11, 2024 17:57

IRDAI has given conditional approval to IndusInd International Holdings Ltd for the takeover of Reliance Capital. The deal is expected to be finalized by May 27, 2024.

Cipla Q4 Profit Jumps 78.7% to Rs 931.87 cr - News

May 10, 2024 15:34

Cipla Ltd reported a 78.7% surge in consolidated net profit to Rs 931.87 crore in the March quarter driven by higher sales. Read more on Cipla's Q4 performance.

Vodafone Idea Shareholders Approve Capital Increase to Rs 1 Lakh Cr

May 9, 2024 22:34

Vodafone Idea shareholders have approved a plan to raise the company's authorized share capital to Rs 1 lakh crore and issue equity shares to Oriana Investments.

Noida Authority: 20 Builders Pay Dues for Stalled Projects

May 9, 2024 22:12

Noida Authority reports 20 out of 57 builders have paid 25% of dues for stalled legacy housing projects, resulting in Rs. 224.45 crore collected. The authority expects to receive Rs. 450 crore in...

India, EU Boost Indo-Pacific Cooperation: Security & Defence

May 7, 2024 21:50

India and the EU have committed to expanding cooperation in the Indo-Pacific, addressing security challenges and promoting peace and stability in the region.

IIIPI to Peer Review Insolvency Professional Entities

May 7, 2024 18:03

The Indian Institute of Insolvency Professionals of ICAI (IIIPI) will bring support services provided by Insolvency Professional Entities (IPEs) under peer review. This move will help assess the...

Sri Lanka Approves Adani Green Energy Wind Power Pact

May 7, 2024 15:49

Sri Lanka approves a 20-year power purchase agreement with Adani Green Energy for the development of 484 megawatt wind power stations in the northeast region.

GST Appellate Tribunal: Mishra Sworn in as First President

May 6, 2024 18:27

Finance Minister Nirmala Sitharaman administered the oath of office to Justice (Retd) Sanjaya Kumar Mishra as the first President of the GST Appellate Tribunal (GSTAT), marking a significant step...

China Won't Treat India As Equal: USISPF President

May 6, 2024 09:27

USISPF President Mukesh Aghi warns that China will never treat India as an equal partner and its border troop buildup forces India to prioritize defense over investment.

IIHL Awaits Irdai Nod for Rs 9,650 Cr Reliance Capital Acquisition

May 5, 2024 19:01

IIHL, led by Ashok Hinduja, is awaiting Irdai approval for its Rs 9,650 crore Reliance Capital acquisition. The deal faces scrutiny due to potential FDI violations and reliance on borrowings. IIHL...

FIU Uses AI, ML to Combat Money Laundering

May 5, 2024 13:55

India's Financial Intelligence Unit (FIU) has upgraded its system with AI and ML to combat money laundering and terrorist financing, enhancing analytical capabilities and data security.

India Aims for High Ranking in World Bank's Business Ready Report

May 5, 2024 13:40

India's commerce ministry is working to improve its ranking in the World Bank's upcoming Business Ready report, focusing on international trade. The report, replacing the Doing Business...

Go First Future Uncertain: Liquidation Fears, Revival Hopes Dim

May 5, 2024 11:12

Go First's fate hangs in the balance as the deadline for resolution approaches. Liquidation fears loom, while revival hopes are muted. Learn about the ongoing legal battles, bidders, and the...

India Raises Pharma Pricing Concerns in Australia

May 4, 2024 19:37

India has raised concerns over Australia's pharmaceutical pricing control, particularly for generic medicines, during a recent bilateral meeting. The two countries also discussed trade...

NCLT Debt Resolution Cases Surge 43% in 2023-24: IBBI

May 4, 2024 16:37

The National Company Law Tribunal (NCLT) saw a 43% increase in debt resolution cases in 2023-24, with the Insolvency Bankruptcy Board of India (IBBI) emphasizing mediation and prepackaged insolvency.

Byju's NCLT Claims Reach Rs 190 Crore - Oppo Files Fresh Claim

May 3, 2024 21:23

Byju's faces mounting claims from vendors before the NCLT, reaching Rs 190 crore. Oppo has filed a fresh Rs 1 crore claim, while BCCI's claim stands at Rs 158.9 crore.

RBI Tightens Project Finance Rules: Higher Provisions for Construction Phase

May 3, 2024 20:32

Reserve Bank of India proposes stricter regulations for project finance, including higher provisioning during construction and detailed stress resolution guidelines. Read more.

Sebi Framework for Stock Exchange Supervision of Research Analysts and Investment Advisers

May 2, 2024 20:39

Sebi introduces a new framework allowing stock exchanges to oversee research analysts and investment advisers, outlining requirements and responsibilities for exchanges.

Go First Plane Deregistration: Engines && Spare Parts Delay Removal - PTI

May 2, 2024 16:02

Go First's 54 deregistered planes face delays in removal due to engine and spare parts shortages. Lessors may take months to fly them out, impacting airline's revival.

REC Q4 Profit Up 33%: Core Income, Provision Write-Back Drive Growth

April 30, 2024 19:28

REC reported a 33% rise in its Q4 net profit to Rs 4,079 crore, driven by strong core income and provision write-back. The company's revenue also grew 25% YoY.

Plastic Pollution Treaty: Nations Advance Talks in Canada

April 30, 2024 15:24

Nations made progress on a treaty to end plastic pollution at their fourth round of talks in Canada. Negotiators discussed the text of what is supposed to become a global treaty, with the most...

FinMin Studies HC Order on PSBs & Wilful Defaulters

April 29, 2024 15:51

The Finance Ministry is studying a Bombay High Court order that restricts public sector banks from seeking look out circulars against wilful defaulters. The court deemed the practice arbitrary and...

RCAP Lenders Urge Hinduja Group to Meet Deadline

April 28, 2024 15:53

Lenders of debt-ridden Reliance Capital (RCAP) have urged Hinduja Group's IndusInd International Holdings to expedite the resolution plan approval process and meet the May 27 deadline.

India, Chinese Taipei Delay WTO Ruling on ICT Duties

April 27, 2024 13:49

India and Chinese Taipei have requested a delay in the WTO's ruling on import duties imposed by India on certain information and technology products, allowing time for a resolution.

Go First: Busy Bee Airways to Evaluate Bid After Court Order

April 26, 2024 21:21

Busy Bee Airways, a bidder for bankrupt Go First, will review a court order allowing lessors to reclaim leased planes before adjusting its offer. The airline aims to proceed respecting legal...

Telcos Demand Revenue Share from Apps Like Netflix: COAI

April 25, 2024 19:58

COAI renews its demand for revenue sharing between telcos and large traffic generator apps like Netflix and Instagram, citing the need for infrastructure upgrades to meet increasing bandwidth demand.

Swiggy IPO: Rs 10,400 Cr Raise Approved

April 25, 2024 16:38

Swiggy, the food delivery giant, secures shareholder approval for an IPO to raise over Rs 10,400 crore. The IPO will involve fresh equity shares and an offer for sale.

NCLT Orders Insolvency Against Subhash Chandra: Zee Chairman Emeritus

April 22, 2024 22:25

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against media baron Subhash Chandra on a plea filed by Indiabulls Housing Finance. The order comes after a loan default...

NCLT Orders Insolvency Against Subhash Chandra

April 22, 2024 21:07

The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against media baron Subhash Chandra, a guarantor for a loan given to Essel group firm Vivek Infracon Ltd.

G7 Backs Free & Open Indo-Pacific, Criticizes China

April 20, 2024 21:49

G7 foreign ministers reiterate commitment to a free and open Indo-Pacific, expressing concern over China's non-market policies and actions in the South China Sea. They also reaffirm support for...

SpiceJet Baggage Issue: Passengers Land at Bagdogra Without Luggage

April 17, 2024 21:29

SpiceJet passengers arriving at Bagdogra airport in West Bengal were left without their luggage due to payload restrictions. The airline apologized for the inconvenience.

UK Inflation Falls to Lowest Since 2021: Food Prices Ease

April 17, 2024 13:20

UK inflation has dropped to its lowest level in two and a half years, driven by falling food prices. The decline could lead to interest rate cuts, but economists warn inflation may rise again later...

India's Exports Dip in March, FY24 Trade Data

April 15, 2024 20:04

India's merchandise exports declined marginally in March, with FY24 exports down 3.11%. Trade deficit narrowed due to lower imports, but gold imports surged.

Byju's India CEO Resigns, Founder Takes Over

April 15, 2024 18:51

Arjun Mohan, CEO of Byju's India operations, has resigned, leading to a business rejig and Byju Raveendran taking over daily operations.

Quantum MF Objects to ICICI Securities Delisting

April 15, 2024 18:40

Quantum Mutual Fund has objected to ICICI Securities' delisting and merger with ICICI Bank, citing concerns over valuation, irregularities in voting, and conflict of interest.

NCLT Disposes Mumbai Metro One Bankruptcy Case

April 15, 2024 17:07

The NCLT has disposed of a bankruptcy case filed by SBI and IDBI Bank against Mumbai Metro One Pvt Ltd, following a one-time debt settlement agreement.

Byju's Shareholders Approve Share Capital Increase

April 15, 2024 15:14

Byju's parent company Think and Learn secures shareholder approval to increase authorized share capital, paving the way for a USD 200 million rights issue to address liquidity concerns.

NFRA Fines Auditors for Reliance Capital Audit Lapses

April 15, 2024 13:14

The National Financial Reporting Authority (NFRA) has fined Pathak H D & Associates, Parimal Kumar Jha and Vishal D Shah for auditing lapses in Reliance Capital's financials in 2018-19. The...

Go First Insolvency: NCLT Extends Deadline by 60 Days

April 8, 2024 22:20

The National Company Law Tribunal (NCLT) has extended the deadline for Go First's insolvency resolution process by another 60 days, marking the third extension. This brings the new deadline to June...

India's TASL Launches Sub-Meter Optical Satellite

April 8, 2024 16:05

Tata Advanced Systems Limited (TASL) has successfully deployed its sub-meter optical satellite, assembled and tested in India, into space aboard SpaceX's Falcon 9 rocket. The satellite, TSAT-1A,...

IRDAI Raises Concerns Over Hinduja Group's Reliance Capital Bid

April 7, 2024 15:30

Insurance regulator IRDAI has expressed reservations over Hinduja Group's IndusInd International Holdings' resolution plan for Reliance Capital, citing concerns about equity capital and FDI. The...

India Reviews Investment Treaty: PMO Seeks Modifications

April 7, 2024 10:32

India's PMO asks Commerce Ministry to review the bilateral investment treaty (BIT) model text to enhance ease of doing business. The review aims to address concerns raised by developed nations and...

Embassy REIT Acquires Splendid TechZone for Rs 1,269 Cr

April 6, 2024 21:19

Embassy REIT expands its portfolio with the acquisition of Embassy Splendid TechZone in Chennai for Rs 1,269 crore, marking its entry into the city's real estate market.

Embassy REIT Acquires Chennai Business Park, Plans Rs 2,500 Cr Fundraise

April 6, 2024 19:04

Embassy REIT expands into Chennai, acquiring a business park for Rs 1,269 crore. The company plans to raise Rs 2,500 crore to finance the acquisition and reduce leverage.

Artemis Medicare Raises Rs 330 Cr from IFC for Healthcare Growth

April 5, 2024 14:12

Artemis Medicare Services Ltd will raise Rs 330 crore from IFC through convertible debentures to expand healthcare access, introduce new specialties, and establish cardiac care centers.

Dream11: NCLAT Stays Insolvency, Orders Company to Remain Operational

April 4, 2024 21:11

The NCLAT has directed the interim resolution professional of Dream11 to maintain the company as a going concern and not take any steps towards insolvency.

NCLAT Blocks NHAI from Terminating IL&FS Concession

April 4, 2024 16:43

NCLAT has ordered NHAI not to terminate the concession agreement of an IL&FS entity, Baleshwar Kharagpur Expressway Ltd, as its insolvency resolution is nearing completion.

Russia, West Unite Against 'Blood Diamonds' Despite Feud

April 4, 2024 11:18

Despite tensions, Russia and Western allies united to support the Kimberley Process, which aims to eliminate the trade in 'blood diamonds' used to fund conflicts in Africa.

Vodafone Idea to Raise Rs 20,000 Cr at April 6 Meeting

April 3, 2024 22:15

Vodafone Idea's board will meet on April 6 to decide on a Rs 20,000 crore fundraise via equity shares or convertible securities. The company received shareholder approval at an EGM on April 2.

NCLT Initiates Insolvency Against MEP Infrastructure - Rs 127.86 Crore Default

April 3, 2024 19:03

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against MEP Infrastructure Developers Ltd after Bank of India claimed a default of Rs 127.86 crore. Learn more about...

Blackstone to Invest USD 2 Billion Annually in India

April 3, 2024 17:14

Blackstone Group plans to invest USD 2 billion annually in India, seeking faster M&A clearances and easier privatization. The firm highlights India's strong economic momentum and potential in...

Vodafone Idea Gets Nod to Raise Rs 20,000 Crore

April 3, 2024 15:46

Vodafone Idea secures shareholder approval to raise up to Rs 20,000 crore for 5G rollout, strengthening 4G services and combating subscriber churn.

Sri Lanka Aims for Debt Moratorium Until 2027: President Wickremesinghe

March 6, 2024 14:36

Sri Lanka President Wickremesinghe outlines plans to restructure debt, aiming for a moratorium until 2027 and full repayment by 2042, amidst ongoing IMF-backed reforms to revive the bankrupt economy.

UK Budget: Tax Cuts to Boost Conservative Party's Election Hopes

March 6, 2024 10:57

UK Chancellor Jeremy Hunt will announce tax cuts in the annual budget, aiming to boost the Conservative Party's flagging election fortunes. But with a strained economy, the cuts may not be...

India's Growth: Uday Kotak on Regulation & Risk

March 5, 2024 13:37

Veteran banker Uday Kotak warns that excessive regulation could stifle India's economic growth. He emphasizes the need for a balance between guardrails and risk-taking to achieve development goals.

Google Exploits Indian Startups: App Developers Accuse Dominance

March 4, 2024 22:06

Indian app developers accuse Google of abusing its dominant market position by charging excessive fees and violating competition laws. Startups say their revenue plummeted after being delisted from...

NCLAT Dismisses BHEL's Pleas in Hiranmaye Energy Insolvency

March 4, 2024 21:14

The National Company Law Appellate Tribunal (NCLAT) dismissed BHEL's petitions challenging the insolvency proceedings against Hiranmaye Energy, formerly India Power Corp (Haldia), initiated by REC....

Google Play Store App Offloading: Indian Govt. Intervenes

March 4, 2024 20:33

Indian government meets with Google and app developers to address the removal of apps from the Play Store due to payment disputes. Concerns over Google's dominant position and discriminatory...

Family Business Success: IIM-Lucknow & MDI-Gurgaon Research

March 4, 2024 19:13

Researchers from IIM-Lucknow and MDI-Gurgaon reveal key factors for successful family businesses, including cohesive family structures, conflict resolution, and governance.

Swan Energy Prepays Rs 2,206 Crore Debt - Swan LNG

March 4, 2024 16:01

Swan Energy's natural gas arm, Swan LNG, prepays Rs 2,206 crore debt, reducing its total debt to Rs 1,611 crore. The company expects to save Rs 250 crore in annual interest costs.

Swan Energy Prepays Rs 2,206 Crore Debt

March 4, 2024 15:28

Swan Energy's LNG arm, Swan LNG Pvt Ltd, has prepaid Rs 2,206 crore of debt, reducing its total debt to Rs 1,611 crore and saving an estimated Rs 250 crore in annual interest costs.

Biocon Biologics Launches Biosimilar in Canada - Yesafili

March 4, 2024 11:09

Biocon Biologics secures patent settlement, paving the way for the launch of Yesafili, a biosimilar to Eeylea (aflibercept) injection, in Canada by July 1, 2025.

Shehbaz Sharif: Pakistan's New PM Vows to Rebuild Economy

March 3, 2024 19:46

Shehbaz Sharif, elected as Pakistan's Prime Minister, pledges to revive the economy, eradicate terrorism, and maintain cordial relations with neighbors.

IFFCO vs. Triumph Offshore: NCLT Dispute over FSRU JV

March 3, 2024 16:58

IFFCO seeks NCLT intervention against Swan Energy and Triumph Offshore over alleged mismanagement in their FSRU joint venture. Read about the dispute and the key allegations.

Byju's Salary Crisis: Funds Locked Amid Investor Rift

March 2, 2024 16:43

Byju's faces salary delays as funds raised through a rights issue are inaccessible due to a legal dispute with investors. Founder Byju Raveendran blames select investors for the situation.

ICICI Bank Makes ICICI Lombard Subsidiary: 25 Lakh Shares Bought

February 29, 2024 22:39

ICICI Bank has acquired 25.14 lakh shares of ICICI Lombard General Insurance, making it a subsidiary. The move follows the bank's plan to increase its holding in the insurance company.

90 Lakh New Farmers Added to PM-KISAN Scheme

February 29, 2024 18:44

India's PM-KISAN scheme adds 90 lakh beneficiaries through Viksit Bharat Sankalp Yatra, reaching over 11 crore farmers with direct benefit transfers.

NPST Provides Online Dispute Resolution to DCB Bank

February 29, 2024 15:04

NPST secures a contract to provide its Online Dispute Resolution (ODR) solution to DCB Bank, streamlining customer complaint addressal and enhancing efficiency.

India''s Role at WTO: Goyal Criticizes Nations Blocking Consensus

February 29, 2024 00:49

India''s Commerce Minister Piyush Goyal criticizes certain nations for hindering consensus at the WTO, highlighting India''s role as a consensus builder.

Company Name
Price
Volume

GTL Infrastructure
3.18 (+ 4.95)
201190725

Khoobsurat
1.79 (+ 4.68)
61092005

RBL Bank
230.40 ( -2.95)
52216444

Srestha Finvest
2.44 (+ 2.52)
44898619

Vodafone Idea L
15.20 ( -2.44)
43577412

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