Why did the NCLT approve the extremely low Rs 6.5-crore plan proposed by Dr Subhash Chandra, which amounts to just 0.03% of the total claims of Rs 22,006 crore? The major reason behind the approval was the voting pattern among…
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On one side, the Indian government has announced stronger vision plans, like Viksit Bharat by 2047 and Self-Reliant India. It has also kept a focus on reforms and has rolled out 350 reforms, including GST simplification and notification of labour…
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Siddarth Gandotra resigns as CFO of Kotak Mahindra Investments Limited on August 31, 2026. Hiren Vora will assume the CFO role starting September 1, 2026. Vora brings eighteen years of experience within the Kotak group. Finance Minister Nirmala Sitharaman called…
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Swiss private banking group EFG International has appointed Ranjit Khanna as CEO of its Dubai Advisory Office, tasking the veteran private banker with driving growth in the UAE and strengthening the firm’s position in the DIFC.
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In a filing to the BSE, the company said ESL Steel Ltd (ESL) received notice under Section 74(1) of the Central Goods and Services Tax Act, 2017, from the Office of the Joint Commissioner, Central Goods and Services Tax and…
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The insolvency tribunal NCLT approved a Rs 6.5 crore payout for Subhash Chandra’s dues. This settlement covers admitted creditor claims totaling approximately Rs 22,006 crore. Congress criticized the decision, calling it a “mundan” and mockery of the IBC. Lenders argued…
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