Cabinet approves amendments to streamline Insolvency and Bankruptcy CodeThe Union Cabinet has approved certain amendments to the Insolvency and Bankruptcy Code (IBC) during its meeting on Wednesday. The changes in bankruptcy law are meant to help investment in troubled sectors, protect corporate debtors, and to prevent ill-thought-out triggering of bankruptcy proceedings. The amendments also ensure that the foundation of a corporate debtor's business remains safeIndian banks seek ...

Verdict in the case is now expected only in the New Year, when the judge could either dismiss the petition and find in favour of the 63-year-old businessman or adjourn the case until the UB Group chief's latest settlement offer is decided upon by the Indian courts

Nirav Modi must appear for call-over hearings at Westminster Magistrates' Court until the case management hearings for his extradition trial kick in from early next year

Telecom regulator TRAI has recommended auction of about 8,644 megahertz (MHz) of radio frequencies in nine bands for sale at a base price of Rs 4.93 lakh crore

TSSIA is meeting tomorrow to decide the future course of action, which includes a meeting of all Gramapanchayath heads and other authorities and the possibility of legal remedies: Ninad Jaywant

Irrespective of resolutions, companies going through the insolvency process are seeing large number of direct and indirect job losses

The staff jumped into action along with a doctor and paramedics and attended to the patient

Sources said Vodafone has to receive an aggregate of about Rs 1,000 crore from Mumbai unit of the income tax department and another Rs 6,000 crore from its Delhi office for multiple assessment years dating back to 2004-05

Sharif is suffering from multiple health complications, including erratic platelet count, and was treated at his residence near Lahore

Much of this overcrowding is due to the presence of 'undertrials' - people in custody awaiting investigation, inquiry or trial - who constitute nearly 68 per cent of all prison inmates

The Delhi HC court had asked Gurinder Singh Dhillon and his family members, Singh brothers, former Religare chief Sunil Godhwani and his brother Sanjay Godhwani to be present at the court hearing on November 14

PNB scam: Judge Emma Arbuthnot rejected his bail application despite Modi's offer to double security from 2 million pounds to 4 million pounds

In the first formal test of support for the impeachment investigation, the Democratic-controlled House voted almost entirely along party lines - 232 to 196 - to move the probe forward in Congress

Nirav Modi has been lodged at South-West London's Wandsworth jail, one of England's most overcrowded jails, since his arrest on March 19