The clearance comes despite objections raised by the ministry of petroleum and natural gas, which had opposed the demerger citing…
Vedanta shares surged after NCLT approved its demerger plan, allowing the conglomerate to split into multiple sector-focused entities
Super Investor Porinju Veliyath just made three changes to his portfolio. He bought back one stock which he had sold…
Piramal Finance debuts at a 12% premium post-merger with Piramal Enterprises; discover the latest market updates now.
A two-member bench said there is an operational debt, which has been defaulted by Blu-Smart Mobility, and its operational creditor…
The deadline was earlier extended from March 31, 2025 to September 30 this year.
The announcement came a month after the company secured approval from the National Company Law Tribunal (NCLT) for the demerger…
Vedanta must respond to SEBI and MoPNG by October 8 over regulatory lapses in its demerger plan. NCLT’s approval is…
Centre flags financial risks; next hearing at NCLT on Oct 8
Revenue from operations rose 18.6% year-on-year to Rs 30,138.6 crore while cash flow from operations surged to Rs 4,942 crore,…
NCLAT approves Vedanta’s demerger plan, overturning NCLT Mumbai order. The ruling allows Vedanta to restructure power and metal units, including…
IDBI Bank has filed a fresh insolvency plea against Zee Entertainment over a Rs 225 crore default linked to Siti…
Govt extends fast-track merger route to more firms, easing M&A approvals and boosting reverse flipping of startups shifting domicile to…
The government’s IBC Amendment Bill 2025 introduces Section 164A, empowering resolution professionals to reverse fund transfers made before personal insolvency.…
IBC amendments expand resolution professionals’ powers, making past employees and service providers accountable to share information during insolvency. The move…
Over Rs 500 crore in claims have been filed in BluSmart’s insolvency proceedings, with over 200 applicants including Catalyst Trusteeship,…
Vedanta’s demerger plan faces hurdles as the petroleum ministry and SEBI raise concerns over guarantees, disclosures, and altered terms. With…
Apart from fixing procedural and mindset issues, new legislation is required around prepack laws for all companies.