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Published on 19:15 GMT

India News | ED Attaches Fresh Assets of Amtek Group Worth Rs 557 Crore

New Delhi, Mar 26 (PTI) Fresh assets worth more than Rs 550 crore of an insolvent automotive equipment manufacturing company were provisionally attached on Wednesday under the anti-money-laundering law in an alleged bank loan fraud of Rs 27,000 crore, the …

Source: Latestly - Uncategorized
Published on 14:33 GMT

NCLT approves resolution plan by Deep Diamond India Ltd for Oasis Ceramics Pvt Ltd

The Hon'ble NCLT, Mumbai Bench, on March 24, 2025, has approved the Resolution Plan submitted by M/s. Deep Diamond India Limited ("Resolution Applicant") to acquire M/s Oasis Ceramics Private Limited ("Target Company"), …

Source: Equity Bulls - Neutral
Published on 11:40 GMT

Adani Group keen to acquire bankrupt Jaiprakash Associates, say sources

Jaypee Group’s flagship firm JAL, which is into cement, power, hotels, construction and real estate businesses, has been admitted into the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 Published Date - 26 March 2025 …

Source: Telengana Today - Uncategorized
Published on 11:21 GMT

Adani Group keen to acquire Jaiprakash Associates by insolvency: Sources

Business conglomerate Adani Group has shown interest in acquiring Jaiprakash Associates Ltd (JAL) through an insolvency process, according to sources. Jaypee Group's flagship firm JAL, which is into cement, power, hotels, construction and real estate …

Source: The Economic Times - Label Pending
Published on Mar 25, 2025

WeWork India IPO: SEBI Keeps DRHP In Abeyance

SUMMARY In its latest update on IPO papers, SEBI said “issuance of observations kept in abeyance” for the coworking startup’s draft papers In the context of SEBI, "kept in abeyance" means that the regulator's observations on draft papers are …

Source: Inc42 - Neutral
Published on Mar 25, 2025

TGI Fridays CEO says the brand is ready to grow again post-bankruptcy

2025 could be a year of celebration for TGI Fridays. While last year was capped off with a bankruptcy and dozens of closures, this year the chain already commemorated its 60th anniversary. On March 15, locations in different countries celebrated in their …

Source: Restaurant Dive - Label Pending
Published on Mar 25, 2025

Why taking away life support from bankrupt firms may yield better value

India's bankruptcy rule maker recently proposed to drop the clause that allows keeping a company in liquidation as a going concern—essentially, a business that can operate and meet its obligations. While the provision intended to save jobs and preserve …

Source: Mint - Neutral
Published on 15:22 GMT

Jaiprakash assets draw interest from major conglomerates and Investors

Several Companies cutting across Indian conglomerates, fund houses and asset reconstruction companies have shown initial interest in bidding for Jaiprakash Associates’ assets. Prominent names include Naveen Jindal-promoted Jindal Power, Anil Agarwal’s …

Source: The Hindu Business Line - Neutral
Published on Mar 24, 2025

Do You Know About BR Shetty? From 18000 Crores To Streets - Got Bankrupt

The tragic story of BR Shetty, an Indian-born businessman who once owned several companies in the United Arab Emirates (UAE), had a net worth of over Rs 12,000 Crores and lived a life of prime luxury—even though there are countless success stories about …

Source: India Herald - Uncategorized
Published on Mar 25, 2025

IBC's recovery woes: How India can fix the leaks and not just patch the cracks

The Insolvency and Bankruptcy Code (IBC), faces persistent scrutiny regarding its recovery rates. Whilst the IBC was designed as a resolution mechanism, public perception continues to view it through the lens of monetary recovery. Two related vexatious …

Source: The Economic Times - Label Pending
Published on Mar 24, 2025

'US and China churn top firms, India still...': Sanjeev Sanyal says it lacks 'creative destruction'

India needs to embrace “creative destruction” if it wants to become a true global economic power, economist and Prime Minister’s Economic Advisory Council member Sanjeev Sanyal has said. In his latest column for The New Indian Express, Sanyal highlighted …

Source: Business Today - Uncategorized
Published on Mar 23, 2025

Meet B R Shetty, was once worth Rs 18000 crore, owned several flats in Burj Khalifa, was forced to sell Rs 124000 crore ...

Home Business Meet B R Shetty, was once worth Rs 18000 crore, owned several flats in Burj Khalifa, was forced to sell Rs 124000 crore company for just Rs 74 after…, now bankrupt due to… BR Shetty began his career as a medical representative, and at age of …

Source: India.com - Center-right
Published on Mar 22, 2025

Katie Price returns to splurging as bankruptcy debt wiped

Katie Price has admitted she's returning to old patterns after both her bankruptcies were lifted. The reality star, 46, is already splurging £500-700 on food shops, often Waitrose or Sainbury's. Price revealed in a recent episode of The Katie Price …

Source: GEO TV - Pro-Government
Published on Mar 24, 2025

By 2030, Akasa will be among 30 largest global airlines by fleet size; may grab 15% India market share in 5-7 years: ...

Vinay Dube, Founder & CEO, Akasa Air, says given the small base, Akasa grew 300%, the previous financial year over 50%, this financial year. These kinds of numbers will continue for the next couple of years. The airline has ordered another 199 aircraft …

Source: The Economic Times - Label Pending
Published on Mar 23, 2025

Meet woman who became teacher at 21, married her mentor, became one of India's richest woman, company filed for ...

Her story is an example of how dedication and vision can lead to success, even in challenging times. Byju’s, once India’s most valuable startup, is now facing financial and legal troubles. The company, co-founded in 2011 by Byju Raveendran and his wife, …

Source: DNA India - Right-wing
Published on Mar 22, 2025

BT MindRush: 'India must prioritise quality education, healthcare..', says Sanjeev Krishan of PwC on road ahead

At Business Today MindRush, Sanjeev Krishan, Chairperson of PwC in India, said India must prioritise quality education and healthcare to convert its demographic dividend into productivity — and embrace “big” scale enterprises, while building long‑term …

Source: Business Today - Uncategorized
Published on Mar 22, 2025

India doubles GDP to $4.3 trillion in a decade, fastest among major economies

India’s GDP has surged from $2.1 trillion in 2015 to $4.3 trillion in 2025, recording 105% growth—the fastest among major economies—driven by bold reforms, infrastructure development, and business-friendly policies. Updated: Mar 22, 2025, 12:04 PM IST …

Source: Asianet Newsable - Label Pending
Published on Mar 22, 2025

India’s rush to mollycoddle Trump’s oligarch raises many questions

Last week saw an unusual corporate development when two telecom giants and rivals, Jio and Airtel, rushed to announce tie-ups with Elon Musk’s Starlink for commercial satcom services without the latter having a license to operate or satellite spectrum to …

Source: The Federal - Label Pending
Published on Mar 22, 2025

Freebies show a bankruptcy of ideas and a broken welfare state

In his 1845 novel Sybil, or the Two Nations (the rich and the poor), Benjamin Disraeli writes: “Power has only one duty — to secure the social welfare of the people.”Promises by political parties in the recent Delhi elections saw them try to outdo each …

Source: The Indian Express - Center-left

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Published on March 26, 2025 - 21:21 GMT

Attorney General Aaron M. Frey Issues Consumer Alert Regarding 23andMe Bankruptcy Announcement

MAINE, March 26 - Back to current news. March 26, 2025 Attorney Generals Office FOR IMMEDIATE RELEASE Contact: Danna Hayes Danna.hayes@maine.gov Attorney General Aaron M. Frey Issues Consumer Alert Regarding 23andMe Bankruptcy Announcement …

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Published on March 26, 2025 - 20:00 GMT

Iowa Department of Agriculture and Land Stewardship Receives Notice of Bankruptcy for Benson Hill Holdings, Inc.

DES MOINES, Iowa (March 26, 2025) – The Iowa Department of Agriculture and Land Stewardship has been notified that Benson Hill Holdings, Inc., of St. Louis, has filed for Chapter 11 bankruptcy effective March 20, 2025. Benson Hill Holdings, Inc. holds a …

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Published on March 26, 2025 - 13:00 GMT

23andMe Customers Can Use DeleteMe to Remove Their Data Amid Bankruptcy Concerns

BOSTON, March 26, 2025 (GLOBE NEWSWIRE) -- DeleteMe, a leading online privacy service, is offering vital assistance to individuals concerned about their personal data remaining on 23andMe’s platform as the company faces financial challenges. With news that …

Distribution channels: Media, Advertising & PR ...
Published on March 25, 2025 - 22:32 GMT

Highlighting Expansion of Services: York Bankruptcy Attorneys at Jacobson, Julius & Harshberger Enhance Financial Relief ...

York, March 25, 2025 (GLOBE NEWSWIRE) -- York, Pennsylvania - Jacobson, Julius & Harshberger, known for their expertise in bankruptcy law, is expanding their services to better tackle financial issues that many individuals and businesses face today. …

Distribution channels: Media, Advertising & PR ...

Published on March 25, 2025 - 21:30 GMT

Carr’s Consumer Protection Division Warns that 23andMe Data Could Be Sold in Bankruptcy Proceeding

ATLANTA, GA – 23andMe, a company that collects and analyzes consumers’ genetic information through direct-to-consumer testing, has filed for bankruptcy. 23andMe collects highly personal information from consumers. In a bankruptcy proceeding, this …

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Published on March 25, 2025 - 18:11 GMT

Attorney General Knudsen reminds Montanans to protect genetic data following DNA testing company’s bankruptcy ...

HELENA – Following 23andMe’s bankruptcy announcement, Attorney General Austin Knudsen is encouraging Montanans to protect their genetic data and reminding them of their right to delete genetic data from DNA testing companies. 23andMe announced March 23 it …

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Published on March 25, 2025 - 16:01 GMT

March 25, 2025 - CONSUMER ALERT: Attorney General Miyares Alerts Virginians on 23andMe Bankruptcy and Virginia’s Genetic ...

Commonwealth of Virginia Office of the Attorney General Jason S. Miyares Attorney General 202 North 9th Street Richmond, Virginia 23219 804-786-2071 FAX 804-786-1991 Virginia Relay Service 800-828-1120 For media inquiries only, contact: Shaun Kenney …

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Published on March 25, 2025 - 01:13 GMT

Consumer Advisory for Utahns: Protect Your Genetic Data Amid 23andMe Bankruptcy

The Utah Department of Commerce’s Division of Consumer Protection (DCP) and Office of the Utah Attorney General (OAG) are issuing a consumer alert regarding the recent bankruptcy filing by 23andMe, a direct-to-consumer genetic testing company. Utah …

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Published on March 26, 2025 - 21:16 GMT

Robert Pfleghardt Shares Expert Insights on Financial Management: Best Practices for Stability and Growth

Robert Pfleghardt Shares Expert Insights on Financial Management: Best Practices for Stability and Growth VIENNA, VA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- In today’s evolving financial landscape, effective financial management is …

Distribution channels: Companies, Culture, Society & Lifestyle ...
Published on March 26, 2025 - 21:12 GMT

Shelter Realty Releases New Video to Help Landlords Navigate Las Vegas Eviction Process

LAS VEGAS, NV, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Shelter Realty, a trusted name in property management and real estate services across the Las Vegas Valley, has just released an informative new video on YouTube designed to help …

Distribution channels: Law, Real Estate & Property Management ...
Published on March 26, 2025 - 20:41 GMT

AM Specialty Appoints Stefanie Milch, Esq. as Head of Claims

AM Specialty appoints Stefanie Milch, Esq. as Head of Claims, bringing 25+ years of legal and claims expertise. DALLAS, TX, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- AM Specialty Insurance Company (ASIC) is pleased to announce the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 26, 2025 - 19:52 GMT

Altis Single-incison Sling: Groin Pain, Dyspareunia, and Coital Incontinence

NEJM study reveals that mini-sling devices, like the Altis, show 2.5x higher dyspareunia risk and more pain than other slings SANTA BARBARA, CA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- “The underlying data from the New England …

Distribution channels: Business & Economy, Education ...
Published on March 26, 2025 - 18:49 GMT

RC CPA Appoints Clara Salvai as Chief Operating Officer to Drive Global Expansion

RC CPA’s leadership hire of Clara Salvai underscores its commitment to operational excellence and global growth under a proven industry trailblazer. MIAMI, FL, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- RC CPA, a premier boutique …

Distribution channels: Banking, Finance & Investment Industry, Food & Beverage Industry ...
Published on March 26, 2025 - 17:36 GMT

Kyber Achieves SOC 2 Type II Certification, Marking a Key Milestone in Data Security

Kyber achieves SOC 2 Type II certification, reinforcing its commitment to secure, compliant AI-powered document generation for insurance claims teams. NEW YORK, NY, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Kyber, an AI-powered …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on March 26, 2025 - 17:35 GMT

Harbor Claims Reduces Manual Claim Notice Drafting by 50% through Partnership with Kyber

NEW YORK, NY, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Harbor Claims, a leading third-party administrator (TPA) managing claims for multiple insurance carriers across the East Coast, Gulf Coast, and California, has partnered with Kyber …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on March 26, 2025 - 17:00 GMT

Connecticut Law Firms Streamline Financial Processes with AP and AR Solutions

Connecticut law firms gain flexibility and compliance by outsourcing AP and AR, optimizing financial management. MIAMI, FL, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, March 26, 2025- Amidst the increasing financial …

Distribution channels: Law ...
Published on March 26, 2025 - 17:00 GMT

Outsourced AP and AR Solutions Boost Financial Stability for Delaware Law Firms

Delaware legal firms achieve financial precision and compliance with outsourced AP and AR, streamlining cash flow management. MIAMI, FL, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, March 26, 2025- Amidst the increasing financial …

Distribution channels: Law ...
Published on March 26, 2025 - 16:00 GMT

Thomas J. Henry Law Announces Revamped Attorney Compensation Plan with Enhanced Retention and Relocation Bonuses

NEW YORK, NY, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Thomas J. Henry Law is proud to announce a transformative update to its attorney compensation plan, featuring competitive salaries, generous retention bonuses, relocation …

Distribution channels: Business & Economy, Companies ...
Published on March 26, 2025 - 15:30 GMT

Divorce Mediation Center Expands to Macon Offering Affordable, Family-Focused Divorce Services

New Location Brings Cost-Efficient Solutions for Divorcing Couples, Helping Families Avoid the Stress of Divorce Court MACON, GA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- New Location Brings Cost-Efficient Solutions for Divorcing …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on March 26, 2025 - 15:00 GMT

Texas Trial Attorney and Philanthropist Thomas J. Henry Proudly Sponsors ABC Kite Festival 2025

NEW YORK, NY, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Thomas J. Henry, nationally recognized for his commitment to personal injury clients and their communities, is excited to announce his sponsorship for the upcoming ABC Kite …

Distribution channels: Business & Economy, Companies ...
Published on March 26, 2025 - 14:00 GMT

Utah Becomes Eighth State to Regulate Earned Wage Access

DailyPay commends Governor Spencer Cox for signing HB 279 into law categorizing EWA as its own financial product NEW YORK, NY, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- DailyPay, a worktech company and the leading provider of earned …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 26, 2025 - 13:45 GMT

Dudley DeBosier Announces 16th Difference Maker Summit for Nonprofit Leaders

Dudley DeBosier Injury Lawyers announces its 16th Difference Maker Summit, a free training conference for nonprofit organizations across Louisiana. NEW ORLEANS, LA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Dudley DeBosier Injury …

Distribution channels: Business & Economy, Companies ...
Published on March 26, 2025 - 13:00 GMT

Entrepreneur and Investigator Harry Kazakian of USA Express Recently Featured on Close Up Radio

WOODLAND HILLS, CA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Harry Kazakian is a man who stumbled onto his career during the process of purchasing his first home. Conversations with the inspector led him to explore insurance, in …

Distribution channels: Business & Economy, Companies ...
Published on March 26, 2025 - 13:00 GMT

Indiana Environmental Group Sues the State for Allowing Powerplant to Discharge Coal Ash Wastewater to the White River

Eagle Valley Generating Station continues to discharge untreated Coal Ash Laden wastewater into the West Fork of the White River. MARTINSVILLE, IN, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- The Hoosier Environmental Council (“HEC”) …

Distribution channels: Environment, Law ...
Published on March 26, 2025 - 12:00 GMT

New Report by Kiteworks and Coalfire Reveals Significant Gaps in CMMC 2.0 Preparedness Across Defense Industrial Base

Less than half of DIB contractors ready for certification as compliance deadline approaches SAN MATEO, CA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Kiteworks, which empowers organizations to effectively manage risk in every send, …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on March 26, 2025 - 12:00 GMT

New Report by Kiteworks and Coalfire Reveals Significant Gaps in CMMC 2.0 Preparedness Across Defense Industrial Base

Less than half of DIB contractors ready for certification as compliance deadline approaches SAN MATEO, CA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Kiteworks, which empowers organizations to effectively manage risk in every send, …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on March 26, 2025 - 12:00 GMT

EDRM Leaders and Trusted Partners Feted at the Fifth Annual Legalweek Leaders in Tech Law Awards Dinner.

MINNEAPOLIS, MN, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- The Electronic Discovery Reference Model (EDRM®), leading the way for global best practices in e-discovery, congratulated those who were celebrated for their contributions at …

Distribution channels: Business & Economy, Conferences & Trade Fairs ...
Published on March 26, 2025 - 11:45 GMT

Buyers Brokers Only Highlights Critical Gap in Consumer Understanding of Dual Agency

Exclusive buyer agent firm urges home buyers to prioritize full representation and avoid conflicts of interest BOSTON, MA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- A recent Zillow/Harris Poll survey reveals a significant lack of …

Distribution channels: Building & Construction Industry, Business & Economy ...