News for 'Resolution Corporation'

BJP Corporators Clash Over Development Contract In Jalna

BJP Corporators Clash Over Development Contract In Jalna

Rediff.com11 May 2026

BJP corporators in Jalna clashed over the passing of a development contract, leading to a police case being registered in connection with the violence.

Geopolitical tensions, corporate results to steer markets

Geopolitical tensions, corporate results to steer markets

Rediff.com19 Apr 2026

Indian stock markets are set to be influenced by ongoing developments in the US-Iran conflict, fluctuations in crude oil prices, and the latest quarterly earnings reports from major corporates, with foreign investor activity also playing a crucial role.

Maharashtra To Invoke MCOCA Against Cattle Smugglers

Maharashtra To Invoke MCOCA Against Cattle Smugglers

Rediff.com2 days ago

The Maharashtra government has issued a circular directing authorities to invoke the Maharashtra Control of Organised Crime Act (MCOCA) against individuals, gangs, and organisations repeatedly involved in cattle smuggling.

'Prison Can Make Or Break A Person'

'Prison Can Make Or Break A Person'

Rediff.com3 days ago

After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com5 days ago

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Expert Advice: Rebalance Your Portfolio Amidst Gold Surge, Equity Volatility

Rediff.com2 days ago

Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.

How UP Boosted Sugarcane Farmers' Income

How UP Boosted Sugarcane Farmers' Income

Rediff.com14 May 2026

The Uttar Pradesh government announced it has paid a record Rs 3,21,963 crore to sugarcane growers since 2017, emphasising on-time payments and direct transfers to farmers' accounts. The government highlighted initiatives like farm loan waivers and the 'Smart Ganna Kisan' system for online sugarcane management.

Insolvency Law Key to Improving Banking Sector Health, Says FM

Insolvency Law Key to Improving Banking Sector Health, Says FM

Rediff.com30 Mar 2026

Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a crucial factor in improving the health of India's banking sector, significantly aiding in the recovery of non-performing assets (NPAs).

Reliance Cap, Yes Bank Debt Prompt EPFO Investment Rethink

Reliance Cap, Yes Bank Debt Prompt EPFO Investment Rethink

Rediff.com22 Apr 2026

Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com12 May 2026

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

Maha to give corporate makeover to drab govt resolutions

Maha to give corporate makeover to drab govt resolutions

Rediff.com7 Sep 2025

According to senior officials, several rounds of meetings were held on administrative reforms, and redesigning government resolutions (GRs) is part of this modernisation exercise.

ED Cracks Down on Real Estate Firm Earth Infrastructures Ltd. for Homebuyer Fraud

ED Cracks Down on Real Estate Firm Earth Infrastructures Ltd. for Homebuyer Fraud

Rediff.com11 Apr 2026

The Enforcement Directorate (ED) has seized significant assets from Earth Infrastructures Ltd., a Delhi-based real estate company, following accusations of defrauding homebuyers. The company is currently undergoing insolvency proceedings.

Experion Developers' Plea Rejected in Delhi High Court Amid Fraud Investigation

Experion Developers' Plea Rejected in Delhi High Court Amid Fraud Investigation

Rediff.com28 Mar 2026

The Delhi High Court has declined to grant interim relief to Gurugram-based Experion Developers Private Limited, who sought to quash an FIR registered against them by the Economic Offences Wing of Delhi Police on charges of fraud.

Corporate Ministry Seeks Cabinet OK For 50 NCLT Courts

Corporate Ministry Seeks Cabinet OK For 50 NCLT Courts

Rediff.com19 Dec 2025

Various stakeholders told the committee that there is a need for expanding judicial capacity or restructuring the adjudicatory process by increasing the number of benches and also enhancing financial allocation for improvement of infrastructure.

Pricing to remain key in corporate bond mkt this year

Pricing to remain key in corporate bond mkt this year

Rediff.com13 Jan 2026

A neutral monetary policy stance, heavy government borrowing, and issuers adjusting to a higher-for-longer yield environment have set the stage for a largely stable corporate bond market in 2026.

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

NCLT Orders Insolvency Proceedings Against Marvel Group Promoter

Rediff.com4 Mar 2026

The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against Vishwajeet Jhawar, promoter of Marvel Group, following a petition by APRN Enterprises for outstanding debt.

IMFreport: 'Zombie firms' reflect inefficient insolvency resolution

IMFreport: 'Zombie firms' reflect inefficient insolvency resolution

Rediff.com28 Nov 2025

The International Monetary Fund, in its report on the Indian economy, said the Insolvency and Bankruptcy Code (IBC) Amendment Bill addresses many deficiencies but it has not provided for the participation of operational creditors or rules for executory contracts. The IMF staff report said that the business dynamism in India remains relatively low, marked by low rates of entry and exit, and a high share of inactive or inefficient firms reflecting structural rigidities and high compliance levels.

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Rediff.com23 Apr 2026

...reopen for up to six months. Until then, the Strait stays nearly closed. The world pays. And no one, including the man who started this, can say when it ends, notes Prem Panicker in his must read blog on the Iran War.

A War With No Exit Strategy, No Victory To Declare

A War With No Exit Strategy, No Victory To Declare

Rediff.com20 Apr 2026

Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

Rediff.com27 Mar 2026

The Enforcement Directorate has filed a chargesheet against former Reliance Communications president Punit Garg and another individual in connection with a money laundering probe linked to an alleged Rs 40,000 crore bank loan fraud.

Temple linked to godman Kharat got Rs 1 cr from Maha govt

Temple linked to godman Kharat got Rs 1 cr from Maha govt

Rediff.com26 Mar 2026

The Maharashtra government sanctioned over Rs 1 crore for development works at a temple linked to Ashok Kharat, a self-styled godman accused of rape, in 2018. The funds were approved under the regional tourism development scheme. Kharat was arrested on March 18 after being accused of repeated rape.

PSU stakes can go below 51% with a golden share' shield

PSU stakes can go below 51% with a golden share' shield

Rediff.com25 Mar 2026

The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a "golden share" or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent.

Shivaji-Tipu remark: 9 injured as BJP, Cong workers clash

Shivaji-Tipu remark: 9 injured as BJP, Cong workers clash

Rediff.com16 Feb 2026

BJP and Congress workers clashed in Pune following controversial remarks equating Chhatrapati Shivaji Maharaj with Tipu Sultan, leading to injuries and police intervention.

Iran Crisis: 'No Nation More Exposed Than India'

Iran Crisis: 'No Nation More Exposed Than India'

Rediff.com27 Mar 2026

'We are profoundly energy-dependent on the Gulf. That dependency must now be redirected towards the United States, because we require American permission to procure oil.' 'We additionally require Iranian permission to acquire oil from that source. So India now has to seek two separate permissions merely to secure its energy supply.' 'Should we be compelled to source from America, or from Venezuela -- which is, in effect, American-controlled supply -- that will inevitably carry a price premium, an elevated shipping cost, and a considerably extended delivery timeline, given the distances involved.'

'Rising loan appeal hits corporate bond market's momentum'

'Rising loan appeal hits corporate bond market's momentum'

Rediff.com30 Oct 2025

India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

War In The Strait Of Hormuz Has Landed On A Tawa In Mumbai

Rediff.com2 Apr 2026

The LPG squeeze on India's restaurant sector is the quotidian face of a deeper crisis.

Tina Ambani skips ED summons again in money laundering probe

Tina Ambani skips ED summons again in money laundering probe

Rediff.com17 Feb 2026

Tina Ambani, wife of Anil Ambani, skipped the Enforcement Directorate (ED) summons for the second time in connection with a money laundering case. Anil Ambani has been asked to appear before the agency as well.

Anil Ambani summoned by ED after skipping earlier date

Anil Ambani summoned by ED after skipping earlier date

Rediff.com19 Feb 2026

The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear for questioning on February 26 after he skipped deposition this week, official sources said on Thursday.

Gulf War: US, Israel Didn't Expect This To Happen

Gulf War: US, Israel Didn't Expect This To Happen

Rediff.com27 Mar 2026

The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.

Mumbai mayor vows action against illegal Bangladeshis; Uddhav Sena says...

Mumbai mayor vows action against illegal Bangladeshis; Uddhav Sena says...

Rediff.com13 Feb 2026

Mumbai Mayor Ritu Tawde has vowed to take strict action against illegal immigrants who have obtained fake birth certificates, as well as the agents and officials who assisted them. The Brihanmumbai Municipal Corporation has already cancelled 237 fake birth certificates and is working to recover the original documents.

BMC polls: Mumbai voters voice views on what they want: Clean city

BMC polls: Mumbai voters voice views on what they want: Clean city

Rediff.com15 Jan 2026

As Mumbaikars voted in the BrihanMumbai Municipal Corporation elections on January 15, voters in tony Breach Candy in South Mumbai, many of them in their 50s, 60s and 70s, turned up with decades of voting behind them and very clear expectations from the new Mumbai corporators.

Budget themes paint it as a reformative exercise

Budget themes paint it as a reformative exercise

Rediff.com11 Feb 2026

The 2026-27 Budget, seeking to harmonise the government's imperative to grant certainty while ensuring a rational tax policy, had several notable announcements to usher in halcyon days, says Mukesh Butani.

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Rediff.com7 Jul 2025

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.

BCCI backs ICC stance on sportsmanship over Pak boycott

BCCI backs ICC stance on sportsmanship over Pak boycott

Rediff.com2 Feb 2026

BCCI vice president Rajeev Shukla said that the BCCI completely agrees with the ICC and the Indian cricket board won't make any comments on the boycott until we speak with the ICC.

Need clear timelines for NCLAT to dispose of appeals: Panel on IBC Bill

Need clear timelines for NCLAT to dispose of appeals: Panel on IBC Bill

Rediff.com18 Dec 2025

The Insolvency and Bankruptcy Code (IBC) Amendment Bill 2025 has failed to introduce specific timelines for the National Company Law Appellate Tribunal (NCLAT) to dispose of appeals, the select committee on the IBC Bill has said in its report.

60% Of Top 1,000 Stocks Bleed Red In 2025

60% Of Top 1,000 Stocks Bleed Red In 2025

Rediff.com8 Jan 2026

'Retail portfolios were going nowhere even as headline indices moved higher, prompting investors to sell holdings and shift money to IPOs, attracted by listing-day gains.'

Haircuts in cases resolved under IBC at 67% till Sep

Haircuts in cases resolved under IBC at 67% till Sep

Rediff.com24 Nov 2025

Creditors took a haircut of around 67 per cent on their admitted claims on the realisation made till September 2025 under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code (IBC), the latest data released by the insolvency regulator showed.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

Shinde invokes 'Dhurandhar' to attack Uddhav ahead of Mumbai civic polls

Shinde invokes 'Dhurandhar' to attack Uddhav ahead of Mumbai civic polls

Rediff.com14 Dec 2025

Maharashtra Deputy CM Eknath Shinde launched a veiled attack on Uddhav Thackeray, invoking characters from a film to criticize Thackeray's leadership and policies ahead of upcoming municipal elections. Shinde highlighted government initiatives and defended his position, while also criticizing the opposition's performance.