RInfra Settles Dues To Dodge Insolvency Bullet; To Seek NCLT Order Withdrawal

Reliance Infrastructure makes full payment of 92.68 crore rupees to Dhursar Solar Power and will ask NCLAT for the withdrawal of NCLT’s order


NCLAT Grants Relief To Vedanta On NCLT Order In Unit’s Demerger Plan

The appellate tribunal stays the NCLT order and asks Talwandi Sabo Power to provide bank guarantee of $146 million; will hear the matter on 4 August


Induslnd Bank MD & CEO Sumant Kathpalia Resigns Amid Derivatives Saga

A committee of executives will oversee the operations of the bank in the interim


Induslnd Bank Engages EY To Help Internal Team To Review Microfinance Business

The lender’s Internal Audit Department is conducting a review of its MFI business to examine certain concerns


IndusLaw Partners With Global Legal Giant CMS Amid Regulatory Changes In India

The development comes as the recent regulatory developments in India are expected to significantly open up the domestic legal market to foreign firms


Bajaj Group To Buy 26% Stake In Insurance JVs From Allianz In $2.80 Bln Deal

The deal will end 24-year-old alliance and Bajaj Group would gain full ownership of Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance


Coromandel Makes Open Offer To NACL Shareholders After Move To Buy Controlling Stake

Indian agri-solutions provider agrees to buy a 53% stake in NACL from its promoter KLR Products for 820 crore rupees ($94 million)


JSW Energy Gets CCI Approval To Acquire Bankrupt KSK Mahanadi Power

JSW Energy will acquire KSK Mahanadi Power through JSW Thermal Energy One Ltd., a newly formed wholly owned subsidiary


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Why Is Jefferies Bullish On Indian Hotel Sector?

Jefferies believes the stock re-rating for hotels will stay on the back of strong travel/tourism upturn and bets on three Indian hotel companies


Jefferies Bullish On Patanjali Foods; Starts Coverage At Buy

The brokerage says the company is well-placed to expand its foods and home & personal care franchise and become a more diversified FMCG play


Coromandel Makes Open Offer To NACL Shareholders After Move To Buy Controlling Stake

Indian agri-solutions provider agrees to buy a 53% stake in NACL from its promoter KLR Products for 820 crore rupees ($94 million)


JSW Energy A Play On India's Future Of Energy, Morgan Stanley Says

The brokerage says JSW Energy is one of the best Indian utilities to play the Future of Energy (energy transition + energy security) theme


Baker McKenzie Appoints Sunny Mann As New Global Chair

Mann will take on his four-year term in October, succeeding Milton Cheng


IndusLaw Partners With Global Legal Giant CMS Amid Regulatory Changes In India

The development comes as the recent regulatory developments in India are expected to significantly open up the domestic legal market to foreign firms


Bar Council Of India Amends Rules For Entry Of Foreign Lawyers, Law Firms

The amendments aim to safeguard the interest of Indian advocates while regulating the practice of foreign law and international law in the country


Bajaj Group To Buy 26% Stake In Insurance JVs From Allianz In $2.80 Bln Deal

The deal will end 24-year-old alliance and Bajaj Group would gain full ownership of Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance