AP Enforces Green Building Code for Large Projects
Andhra Pradesh govt enforces green building code for large residential projects & new govt offices to cut power use & boost sustainability. Learn how this move shapes eco-friendly construction.
Category : Search result: Insolvency and Bankruptcy Code
Govt Backs Key IBC Reforms, Flags One Retrospective Concern
The Indian government has accepted nearly all parliamentary panel recommendations for IBC amendments to speed up resolutions and protect new investors, but flagged a key concern on retrospective application. Read the full details.
Zoho Founder Reviews AI-Generated C++ Code from Claude
Zoho founder Sridhar Vembu shares insights from a detailed code review of C++ generated by Anthropic's Claude AI. He highlights strengths in 'glue code' but notes need for human intervention. Read the full analysis.
First Brands Sues Ex-Exec & Creditor for $2.9B Fraud
Bankrupt First Brands Group sues ex-executive Edward James and creditor Onset Financial, alleging a $2.9 billion fraud scheme. Read the full details of the lawsuit.
Maharashtra makes QR code verification mandatory for doctors
Maharashtra govt instructs MMC to introduce QR codes for doctor verification to curb bogus practitioners. SC orders MMC elections within three months. Read more.
Navi Mumbai: Rs 16.16 Lakh Cash Seized from Car
Navi Mumbai Municipal Corporation's surveillance team seized Rs 16.16 lakh unaccounted cash from a Mercedes near APMC market during election code. Read the full details of the seizure and investigation.
Saks Global in Crisis After Costly Neiman Marcus Merger
The $2.7 billion luxury retail merger of Saks and Neiman Marcus has led to a debt crisis, delayed vendor payments, and potential bankruptcy. Discover the inside story of the failed deal.
Budget 2026: Govt to reform SARFAESI, DRT rules for swift debt recovery
The government may announce reforms to SARFAESI Act and DRT procedures in Budget 2026-27 to clear backlog of 178,000 cases and speed up debt recoveries. Key changes aim to reduce litigation.
Dharan Infra-EPC hits upper circuit after NCLAT update
Dharan Infra-EPC share price surged 4% after the company's update on NCLAT proceedings and a full settlement with Tata Capital Housing Finance. Read the full analysis here.
NCLAT Rules LDA Must Be Heard in Ansal Insolvency
NCLAT orders Ansal Properties insolvency proceedings cannot proceed without hearing Lucknow Development Authority, protecting homebuyers' interests and Rs 4,500 crore claims. Read the full story.
Antonio Brown's Net Worth: From NFL Riches to Bankruptcy
Former NFL superstar Antonio Brown's net worth is now estimated at -$3 million. Explore his dramatic financial fall from $80M career earnings to Chapter 7 bankruptcy.
Saks Bankruptcy Fears Prompt Rush to Use Gift Cards & Credits
Amex Platinum cardholders are rushing to use Saks credits as bankruptcy looms. Learn what experts say about gift card safety and how past retail cases unfolded.
UPSC Science Quiz: MOFs, Binary Code, Vikram 3201 Explained
Ace your UPSC Prelims 2026 prep with this Science & Technology quiz. Revise key topics like Metal-Organic Frameworks, binary code fundamentals, and ISRO's Vikram 3201 chip. Check your progress now!
2026 Budget Session to Decide Fate of Major Reforms
As Parliament gears up for the 2026 Budget Session, high-stakes bills on simultaneous elections, higher education, and financial markets await final clearance. Get the full analysis of India's legislative roadmap.
Ashoka: Siddaramaiah's top feat is bankrupting Karnataka
BJP's Ashoka criticizes CM Siddaramaiah on equalling Devaraj Urs's record, alleging financial mismanagement has pushed Karnataka towards bankruptcy. Read the full political clash.
RG Luxury Homes Gets Final OC, 464 Flats Ready for Possession
RG Group secures occupancy certificate for final towers in Greater Noida West, completing Phase 1 of RG Luxury Homes. After a 2019 insolvency stall, the reverse insolvency process revives the project, bringing relief to homebuyers. Read more.
Jefferies Seeks Ex-CEO Testimony in First Brands Case
Jefferies presses to question First Brands founder under oath amid a $715M invoice scandal. The legal battle intensifies as the former CEO cites the Fifth Amendment. Read the full details.
Saks in Talks for $1B Loan Ahead of Chapter 11 Filing
Saks Global Enterprises is negotiating a $1 billion loan for a potential Chapter 11 bankruptcy filing. The luxury retailer missed a $100M interest payment and faces sales decline. Read the full story.
Elon Musk's 2008 Fury: Tesla on Brink, Demanded Names
In 2008, Tesla neared bankruptcy as Elon Musk, amidst his divorce, raged at executives over faulty Roadster parts. Discover the untold story of Tesla's darkest hour. Read the full report.
87% Success Rate for Student Loan Bankruptcy Discharge
A new study shows an 87% success rate for discharging student loans via bankruptcy, debunking a persistent myth. Learn how policy changes have made this path more accessible for millions of borrowers.
FY27 Budget: Deregulation, Decriminalisation Reforms Lined Up
The upcoming FY27 Union Budget will push for deregulation & decriminalisation of laws to fuel India's medium-term growth. Key amendments to Companies Act & IBC expected. Read more.
Elon Musk's 2008 Tesla Crisis: 'Get Happy or Get Divorced'
Old footage reveals Elon Musk's tense 2008 ultimatum to Tesla team as both Tesla and SpaceX neared bankruptcy. Discover the inside story of the 'skin of their teeth' era. Read more.
NCLAT Sets Aside NCLT Order in Culver Max Insolvency Case
NCLAT overturns NCLT's dismissal of Culver Max's insolvency plea against Rechargekit Fintech, citing denial of opportunity to rectify defects. The case is remanded back to NCLT for fresh hearing.
Embrace Bankruptcy for Stronger Economy: EAC-PM Member
EAC-PM's Sanjeev Sanyal argues that allowing companies to fail is vital for India's economic dynamism. Learn why a 'continuous churn' is necessary for long-term strength.
HC Commutes Death Penalty in 2018 Child Rape-Murder Case
Punjab & Haryana HC commutes a convict's death penalty to life without remission for the 2018 rape & murder of a 5-year-old. The court acquitted his mother, citing her 'blind love' for her 'Raja beta'.
NCLAT Bars CoC from Changing Approved Resolution Plan Terms
NCLAT upholds that a Committee of Creditors cannot modify a cleared resolution plan to reallocate funds, reinforcing the finality of commercial decisions in insolvency. Read the full analysis.
PNB reports ₹2,434 crore fraud linked to ex-SREI promoters
Punjab National Bank informs RBI of a massive borrowal fraud worth ₹2,434 crore related to former SREI promoters. Details on the case and NCLT resolution inside.
Why iRobot Failed: Ex-CEO Blames Chinese Rivals, Amazon
iRobot's co-founder Colin Angle explains how Chinese competitors and a blocked Amazon deal led to Roomba maker's bankruptcy. Read the full analysis of the robot vacuum market shift.
Microsoft clarifies: No plan to erase C/C++ code by 2030
A Microsoft engineer clarifies his team's AI and Rust project is research, not a plan to rewrite Windows. Get the full story on Microsoft's actual Rust adoption.
SC Panel to Oversee Supertech Insolvency, Supernova Project
Supreme Court forms committee to manage Supertech Realtors' insolvency and ensure completion of Noida's Supernova project. Key details on the panel's powers and homebuyer relief.
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