Some of the lenders to BPSL have also filed separate review petitions. The court’s decision has raised concerns over the finality of resolution processes under the IBC and the fate of already-implemented plans.
A hydrogen-based microgrid uses water to produce hydrogen through electrolysis, which is then either stored for later use or fed into a fuel cell to generate electricity on demand.
"No one from the Adani Group has been charged with violating the FCPA,” says Adani Group Chairman Gautam Adani
Profectus has assets under management of Rs 3,468 crore as of March 2025, with presence across seven states.
"We feel turboprops now have a mature network in India and there aren't many growth opportunities left," says Embraer Commercial Aviation’s Head of Asia-Pacific Raul Villaron
It also bought a 25.18 per cent stake in Future Generali India Life Insurance Company Ltd (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process.
This comes at a time when the Trump administration is rolling back on the enforcement of certain white-collar crimes, including cases related to foreign bribery and sanctions evasion.
Asked whether companies were looking at sourcing rare earth magnets from alternate regions, Bharti said: “That's a larger question that will need more deliberation and more studies. Where are other sources available?”
This is the third defence tie-up by the group after joint ventures with Dassault Aviation and Thales of France.
Seeking a waiver on interest, penalty, and interest on penalty — together worth over Rs 45,000 crore — on its Rs 83,400 crore pending adjusted gross revenue, the company said that the staggering dues were preventing it from raising additional funding.
The company reported a net profit of $171.9 million in the January-March quarter of the previous financial year.
"Tariffs and related geo-political actions are making the operating environment uncertain and challenging. The global premium luxury segment and Indian domestic markets are expected to weather this relatively better," the company said.
STL had disclosed that the target entities for the proposed strategic investment had not yet been identified
Urban Company plan to use the IPO proceeds primarily towards strengthening its technology and cloud infrastructure.
After the purchase of Deliveroo, and the 2022 acquisition of Helsinki-based Wolt Enterprises, DoorDash will operate in more than 40 markets worldwide.
The Telecom Regulatory Authority of India (TRAI) is currently finalising the contours of the satellite spectrum allocation.
JSW Steel, lenders committee & Resolution Professional come under SC fire
India received a relatively much lower tariff rate, and was also among the countries where the US paused retaliatory levies for 90 days.
IndusInd Bank CEO Sumant Kathpalia's resignation comes day after Deputy CEO put in papers; Kathpalia says he takes "moral responsibility, given the various acts of commission/ omission that have been brought to my notice".
The DoJ has alleged that between 2020 and 2024, senior executives of Adani Green, Azure Power and CDPQ participated in a scheme to bribe Indian government officials to ensure the execution of lucrative solar energy supply contracts with government entities.
HDFC Bank topped the list with a CSR spend of Rs 945.31 crore, followed by Reliance Industries Rs 900 crore, TCS at Rs 827 crore and ONGC Rs 634.57 crore.
RIL's board of directors also declared a dividend of Rs 5.5 per share for the year.
Apple sells more than 60 million iPhones in the US a year, and in the last fiscal, it produced a total of $22 billion worth of iPhones in India
During the quarter, the bank reported treasury gains of Rs 239 crore as compared to a treasury loss of Rs 281 crore in the year-ago quarter
Retail loans grew by 9 per cent, commercial and rural banking loans rose 12.8 per cent and corporate and other wholesale loans were lower by 3.6 per cent