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NCLT orders relief to home buyers cheated by real estate companies

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Home buyers' plan approved on Apr 28, 2022, was the basis for the Tribunal's decision In a significant development, the National Company Law Tribunal (NCLT)...

Aviation Industry sees incremental growth in November, faces engine woes: ICRA...

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Estimated passenger load factor for Nov 2023 stood at approximately 88% The aviation industry in India saw a modest uptick in domestic passenger traffic for...

Govt calls off Pawan Hans disinvestment for the third time as...

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Govt disqualifies highest bidder, annuls EOI process for sale of Pawan Hans The Government of India on Monday decided to call off the strategic disinvestment...

Review audit of Videocon hints at questionable accounting entries by promoters...

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Audit hints at questionable accounting entries by Videocon promoters A review audit of debt-ridden Videocon Industries has indicated that there may be certain "questionable accounting...

Go Air says ‘serial failure’ of Pratt & Whitney engines forced...

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Pratt engine woes blamed for Indian airline’s insolvency filing In a big setback to the Indian aviation industry, Industrialist Nusli-owned airlines company Go Air on...

NCLAT stays insolvency proceedings against Zee Entertainment

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Insolvency proceedings by IndusInd Bank stayed In a major relief to media major Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT)...

Indian Banks wrote off loans amounting to Rs.10.09 lakh crores in...

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SBI wrote off the highest amount of bad loans in 2021-22 India’s banks have written off loans amounting to over Rs.10.09 lakh crore in the...

Aditya Birla Capital to buy 51% stake in debt-ridden Anil Ambani...

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Aditya Birla Capital joins the race to acquire life insurer Reliance Nippon Life Aditya Birla Capital Ltd has joined the race to pick up stake...

Supreme Court fixes August 28 for razing of twin 40-storey towers...

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Noida Supertech twin towers to be demolished on August 28, week’s buffer given in case of any technical issue The Supreme Court on Friday fixed...

Supreme Court permits Future Retail to approach Delhi HC with plea...

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Future Retail gets a lifeline from the Apex Court In what could be a setback to Amazon, the Supreme Court of India on Tuesday granted...

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