The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.
Leaders of several INDIA bloc parties met the Election Commission over the Special Intensive Revision of electoral rolls in Bihar and raised concerns over its timing, alleging that over two crore voters of the state may be disenfranchised by this mammoth exercise being done just ahead of assembly elections.
Lucknow Super Giants captain Rishabh Pant was spotted soaking in the football fever at the Vivekananda Yuba Bharati Krirangan Stadium in Kolkata on Monday.
The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.
Former fast bowler RP Singh on Friday backed Suryakumar Yadav to be India's option at No 4 during the ICC World Cup.
The Election Commission has issued a notification banning the conduct, publication or publicising of exit polls between 7.00 am to 6.30 pm on February 5 (Wednesday) when votes will be cast for the Delhi assembly and two bypolls in Uttar Pradesh and Tamil Nadu.
Rohit called time on his red-ball career with immediate effect, bringing the curtains to a remarkable journey.
The Delhi High Court has refused to stay the trial court proceedings against Delhi Law Minister Kapil Mishra for allegedly posting objectionable tweets during the 2020 assembly elections. The court rejected Mishra's plea challenging a sessions court order dismissing his petition against the summons of a magisterial court in the case. The court said there was no need to stay the trial court proceedings and that the trial court was at liberty to proceed further with the matter. The high court granted four weeks to the police to file its response to the petition and posted the hearing on May 19. The hearing is slated to come up in the trial court on March 20.
The Trinamool Congress (TMC) has accused the Election Commission of India (ECI) of a "scam" after the poll panel admitted to the existence of duplicate voter ID numbers. The ECI has said it will address the issue in the next three months. TMC leader Saket Gokhale alleged that the ECI is trying to "protect" someone and demanded answers about the extent of the duplication and why it took 25 years to address the problem.
Surat police have seized 22 cars and registered FIRs against the parents of three Class 12 students who were driving without licenses in a convoy of 35 high-end cars while performing stunts. The students were on their way to a school farewell function. The video of the incident, which went viral, showed students performing dangerous stunts such as driving with their heads out of sunroofs and holding smoke guns.
Delhi Police has registered an FIR against Atishi, the AAP candidate from Kalkaji, for allegedly violating the Model Code of Conduct (MCC) and obstructing public servants on duty. The FIR was registered at the Govindpuri Police Station based on allegations that Atishi was found with supporters and vehicles at Fateh Singh Marg, violating MCC guidelines. Atishi, however, alleged that BJP candidate Ramesh Bidhuri and his family were engaging in hooliganism without any action from the Election Commission.
The BJP has demanded the death penalty for former Congress MP Sajjan Kumar, who was sentenced to life imprisonment for his role in the 1984 anti-Sikh riots. The party's leaders have called for the CBI to appeal the verdict, saying it was not an ordinary murder case but a genocide. The BJP has also said that the "wheels of justice" are starting to turn and that other Congress leaders involved in the riots will soon face consequences.
Former India pacer RP Singh lost his father on Wednesday in a Lucknow hospital due to Covid-19.
Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.
A group of retired forest officers has written to Prime Minister Narendra Modi demanding the immediate scrapping of the 10,000-acre safari project in Haryana's Aravallis, arguing that it will harm the environment and wildlife. They highlight the "alarming destruction" of the Aravallis due to mining, quarrying, real estate development, and deforestation, and warn that the project could disturb aquifers crucial for water-starved districts. The retired officers also emphasize the importance of protecting the Aravallis, which is the only significant forest cover in Haryana, for its role in restoring humidity and rainfall in the region.
The Insolvency and Bankruptcy Board of India (IBBI) has lifted the restriction to allow the same insolvency professional for the resolution process of a company as well as its personal guarantor for a better harmonisation and effective coordination of both processes. The changes made to IBBI - Bankruptcy Process for Personal Guarantors to Corporate Debtors, Regulations, 2019 -- came into effect on January 31. IBBI has also amended the provision regarding the meetings of the Committee of Creditors to make them mandatory in insolvency matters about personal guarantors.
"Dr Manmohan Singh, soon after becoming the prime minister, had himself carried a small table for us to have tea comfortably at his Safdarjung Lane residence instead of asking his house help," Dr Srinath Reddy, who was the chairperson of the PM's medical panel, recalled.
RP Singh, India's bowling hero in the 2007 edition of the T20 World Cup in South Africa, said he will prefer Arshdeep over Mohammed Siraj.
Much of the discussion is happening at a "family level, not a corporate level". That means it is an Ambani or a Goenka in direct talks with Johar.
The Delhi high court on Friday directed the civil aviation regulator to deregister planes leased to Go First within five working days, giving respite to the lessors. This means that the airline will have to give back all 54 aircraft to the lessors if its resolution professional (RP) does not challenge the order or ask for a stay. Justice Tara Vitasta Ganju also refused the request of the RP, represented by advocate Diwakar Maheshwari, to keep the operation of the order in abeyance for a week to enable them to file an appeal before the division Bench of the court.
Harry Singh's father, R P Singh Senior, played two ODIs for India in the 1980s.
Injured pace bowlers RP Singh and S Sreesanth have been asked to go to Kolkata and undergo a fitness test overseen by Indian team physio John Gloster ahead of the second Test against Pakistan
India's chances of winning the final Test against Australia to draw their four-match series suffered a cruel blow on Saturday with injury to fast bowler Rudra Pratap Singh
RP Singh has been ruled out with an abdominal strain while Sreesanth hasn't fully recovered from a shoulder injury.
Yashasvi Jaiswal will aim to add his bit to the combination conundrum with a handy contribution while Arshdeep Singh and Mohammed Siraj need to put their best foot forward during India's only T20 World Cup warm-up game against Bangladesh ahead of their tournament opener on June 5.
India's bowling coach Eric Simmons defended RP Singh's inclusion in the playing eleven for the ongoing fourth and final Test against England, saying he was preferred over Munaf Patel because of his ability to swin the bowl.
India have decided to leave out injured S Sreesanth and pacer Zaheer Khan from the playing XI.
Cricket fraternity hails Gautam Gambhir appointment
Neo Sports gifted the Indian paceman a Mercedes Benz for his performance at the Twenty20 World Cup.
Business tycoons at the Ambani's pre-wedding celebrations at Jamnagar, Gujarat.
Grounded Go First's CEO Kaushik Khona has put in his papers, nearly seven months after the no-frills airline filed for insolvency proceedings. In an e mail to the airline's employees on Thursday, Khona said that November 30 is his last day at the company. Khona had returned to Go First in August 2020 as its CEO.
Larger firms feel that the smaller players have muddied the waters for the IBC process, leading to excessive regulation of resolution Professionals.
The picturesque Himachal Pradesh Cricket Association (HPCA) stadium has become the first BCCI-accredited venue to install state-of-the-art 'hybrid pitch' to host two Indian Premier League matches this season.
Gaikwad had scores of 15, 1, 46 and 26 in the first four games before striking big against KKR on Monday, which was his first half-century of the current season.
A Delhi court has summoned Sunita Kejriwal, the wife of Chief Minister Arvind Kejriwal, for allegedly violating the law by getting herself enrolled in the voters list of two assembly constituencies.
Legendary Indian cricketer Sachin Tendulkar returned to the cricket field once again after playing his last international back in 2013, featuring in the One World One Family Cup match held at Bengaluru on Thursday.
Rudra Pratap Singh reckons varying pace would be the key against Australia and the Uttar Pradesh left-arm pacer says he has developed a slower ball that would prove quite a handful for Ricky Ponting and his men when they arrive for a Test series in India next month.
There are plenty of shootouts and a fair amount of sex over the nine brisk episodes though the dialogue is thankfully free of profanity, observes Deepa Gahlot.
The time spent in wilderness has not eroded pacer RP Singh's self-belief and the India discard is still confident of making a comeback to the national squad.
A round-up of the Ranji Trophy semi-final matches played on Monday