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2 mins read

RCap debt resolution: Torrent Investments moves SC against NCLT decision

Torrent Investments Private Limited has moved the Supreme Court against the decision of National Co…

ANI   


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1 min read

Amazon touts 'even faster' deliveries made to customers 'within hours'

The e-commerce giant is betting on speedy deliveries to customers around big cities like Los Angele…

Sindhu Sundar   


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1 min read

Zee Learn tumbles 20% as Yes Bank drags the firm into insolvency proceedings

Investors of Zee Learn, an Essel Group company, found themselves in a huge mess after shares of the…

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3 mins read

Indian markets open in the red amid weak global cues – Wipro, Zee Entertainment, RIL among stocks to watch out for

Indian equity markets opened in the red on Friday following negative global cues on concerns over g…

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2 mins read

Coronavirus will hit IBC realisations by 30-40% as government suspends new proceedings

The outbreak of Covid-19 pandemic and the suspension of new proceedings under the Insolvency and Ba…

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1 min read

DHFL fails to repay ₹50 crore on secured non-convertible debentures – blames moratorium restrictions for non-payment

"It may please be noted that the company is currently under moratorium pursuant to Section 14 of…

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2 mins read

As Supertech goes bankrupt, these are the options home buyers have

Noida-based real-estate firm Supertech Limited was declared bankrupt by the National Company Law Tr…

Business Insider Latest Story Image
1 min read

Anil Ambani's Reliance Power arm slips into bankruptcy

Reliance Power on Tuesday said one of its lenders Axis Bank has initiated insolvency process ag…

PTI   


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1 min read

IBC reduces resolution time to 340 days from 4.3 years earlier: Eco Survey

As per the survey, the government has been proactively addressing the issues that come up in imple…

PTI   


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1 min read

Videocon Industries posts Rs 6,760 cr loss in FY19

New Delhi, Nov 27 () Videocon Industries, which is facing insolvency proceedings, on Wednesday repo…

PTI   


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2 mins read

Insolvency to be limited to realty project concerned, not other group projects: NCLAT

"As we find it is very difficult to follow the process as in normal course is followed in a Corpora…

PTI   


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NCLT approves extension of Jet Airways insolvency resolution period by 90 days

Mumbai, Dec 20 () The National Company Law Tribunal (NCLT) on Friday approved extension of Jet Airw…

PTI   


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3 mins read

Amazon Prime membership has crested 100 million in the US - but it's unclear how much further it can go

"As Prime membership growth flattens, the nature of the membership changes somewhat," Mike Levin, p…

Dennis Green   


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2 mins read

DHFL resolution: Oaktree cries foul, says persistent campaign to discredit its bid

Oaktree has told the Committee of Creditors (CoC) of Dewan Housing Finance Ltd (DHFL) that there ha…

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2 mins read

Prime members spend way more on Amazon than other customers - and the difference is growing

At the same time, however, Prime's membership growth appears to be slowing in US, according to CIRP…

Dennis Green   


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4 mins read

Bhushan Power & Steel takover: NCLAT gives JSW Steel immunity from criminal investigations

While the government had in December amended the insolvency law to ring-fence a corporate debtor, …

PTI   


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1 min read

Cochin Shipyard's profit plummets by 65% under pressure from COVID-19 impact

The company had posted a profit of Rs 120.25 crore in Q1FY20, as per a regulatory filing.

PTI   


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4 mins read

Apple made a small change to the way it introduced its new iPhones this year, and its record-breaking holiday quarter proved it was a runaway success

Apple's smartphone business made a resounding comeback in the holiday quarter, resulting in an earn…

Lisa Eadicicco   


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3 mins read

There's new evidence that fewer people are signing up for Amazon Prime as the membership has gotten more expensive

"We're very pleased with the renewal data and annual sign up data that we've seen," he said. "Since…

Dennis Green   


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3 mins read

As iPhone sales slump, the good news for Apple is that its higher prices mean customers are spending more on phones

A larger proportion of iPhone customers purchased the latest models, which are generally priced hig…

Troy Wolverton