Category : Search result: bankruptcy India


Realty IBC Reforms Pushed to Later Phase

Government to introduce corporate IBC amendments first, delaying structural reforms for homebuyers and stuck projects. Key changes for real estate require further consultation. #IBC #RealEstate

Anupam Kher: From Rs 400 to Rs 3 Crore Per Film

Anupam Kher reveals how he faced near bankruptcy with only Rs 400 in bank, mortgaged properties, and made remarkable comeback charging Rs 3 crore per film. Read his inspiring story.

Jaiprakash Gaur's Legacy Ends in Bankruptcy

At 94, Jaiprakash Gaur watches his life's work collapse as NCLT admits Jaiprakash Associates into insolvency. Read about his rags-to-riches story and ultimate downfall.

IBC Reforms: Biggest Changes in 9 Years Coming

India's Insolvency and Bankruptcy Code undergoes major reforms with cross-border insolvency and faster debt resolution. Parliament to consider revised bill in December session.

IMF Forecasts 6.6% Growth for India in FY2025-26

IMF's latest assessment reveals India's strong economic outlook with 6.6% growth forecast. Discover how prudent policies and structural reforms drive sustained growth and reduce poverty.

10 Indian Winter Getaways With European Vibes

Discover 10 breathtaking Indian destinations that offer European winter charm without international travel. Perfect winter escapes with snow, architecture & alpine vibes.

10 Bills for Parliament Winter Session 2025

Indian government lists 10 crucial bills for Winter Session including Atomic Energy Bill 2025 and Higher Education Commission Bill. Key reforms in nuclear sector, education, and economy await parliamentary approval.

IBBI's New Valuation Format Aims to Cut Litigation

IBBI introduces standardized valuation format for distressed assets to enhance transparency and reduce lawsuits. Public feedback accepted until December 10. Learn how this impacts creditors.

Adani Wins Bid for Bankrupt Jaiprakash Associates

Gautam Adani's Adani Enterprises secures creditors' approval to take over bankrupt Jaiprakash Associates, gaining assets worth ₹35,000 crore across cement, power and hospitality sectors.

Adani wins $1.53bn Jaiprakash takeover bid

Adani Enterprises secures creditor approval for $1.53 billion Jaiprakash Associates acquisition, beating Vedanta's higher offer with better payment terms. Key details inside.

Purdue Pharma $7B Opioid Settlement Gets Court Nod

Federal judge approves Purdue Pharma's bankruptcy plan requiring Sackler family to pay $7 billion and surrender company ownership. Thousands of opioid victims to receive compensation in historic settlement.

ICAI Proposes IBC Reforms to Parliament Panel

The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.

India's ₹10,372 Cr AI Mission: PM Modi's Tech Revolution

Prime Minister Narendra Modi announces massive ₹10,372 crore investment in India's AI ecosystem, positioning the nation as global artificial intelligence leader with focus on computing infrastructure and startup innovation.

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