Indian banks face risks amid unsecured retail loan stress: Fitch Ratings
Fitch Ratings has expressed concerns about increasing stress in Indian banks' unsecured retail loan portfolios, which could challenge projections for...
Bookstore chain Books Inc files for Chapter 11 bankruptcy
Books Inc., the San Francisco Bay Area's oldest independent bookstore chain, announced on January 21, 2025, that it has filed...
NCLT dismisses Akshay Kumar insolvency plea against ed-tech firm Cue Learn
Bollywood actor Akshay Kumar recently faced a setback in his legal battle as the National Company Law Tribunal (NCLT) dismissed...
RBI relaxes loan settlement rules for ARCs
The Reserve Bank of India (RBI) has levelled the playing field for asset reconstruction companies (ARCs) by relaxing norms for...
NCLT orders liquidation of low-cost airline Go First
The National Company Law Tribunal (NCLT) has ordered the liquidation of the grounded low-cost airline, Go First. The decision was...
Reliance Naval and Engineering shares get relisted at Rs 35.99 a piece
Shares of Swan Defence and Heavy Industries Limited (formerly Reliance Naval and Engineering Limited, RNEL) got relisted on the exchanges...
NCLT approves Aspect Global Ventures resolution plan for Rite Builtec
RP Amit Karia The National Company Law Tribunal (NCLT), Mumbai on 16th January 2025 approved the resolution plan for the...
NCLT orders liquidation of Tulip Hotels in absence of a resolution plan
The National Company Law Tribunal (NCLT), Mumbai Bench, has ordered the liquidation of Tulip Hotels Pvt. Ltd., marking the latest...
CS Executive Entrance Test results on 20th January
The result of CS Executive Entrance Test (CSEET) held on 11th January, 2025 and 13th January, 2025 is scheduled to be declared...
ED attaches Rs 486 crore property in Bhushan Power and Steel bank fraud case
The Directorate of Enforcement (ED), Delhi Zonal Office, has provisionally attached an immovable property valued at approximately ₹486 crore in...