The National Company Law Tribunal (NCLT) ordered disciplinary action against the resolution professional handling Byju’s insolvency case due to misconduct. The tribunal reinstated Glas Trust and Aditya Birla Finance to the Committee of Creditors, emphasizing the resolution professional’s failure to act with integrity and fairness.
Sebi has modified the valuation framework for Alternative Investment Funds (AIFs), aligning it with mutual fund rules for certain securities. This update follows industry feedback […]
Air India is constructing a maintenance, repair, and overhaul (MRO) facility on a 35-acre site at Bengaluru International Airport. The Rs 1,400 crore project aims […]
India’s National Investment & Infrastructure Fund (NIIF) is set to seek around $4 billion in its largest-ever fund-raise early next year. This move aligns with […]
