In a significant relief, the National Company Law Appellate Tribunal (NCLAT) has put a hold on the insolvency proceedings against Reliance Infrastructure. This decision follows an appeal filed by the company, challenging the earlier ord ...more

Accel partners highlight that Indian AI startups are lagging behind global competitors due to a lack of urgency and limited global vision, despite comparable technical skills. They emphasize that US-based AI startups with rapid revenue ...more

India has prioritized restoring the WTO's dispute settlement mechanism and advocated for special treatment for developing nations. Commerce Minister Piyush Goyal reiterated India's opposition to incorporating plurilateral initiatives li ...more

Adani Airports Holdings has secured $750 million in external commercial borrowings from international banks, led by First Abu Dhabi Bank, Barclays, and Standard Chartered Bank. The funds will be used to refinance existing debt and inves ...more

Kumar Mangalam Birla's Aditya Birla Chemicals is poised to acquire a chemical manufacturing plant in Dalton, Georgia, from Cargill, marking a significant entry into the US chemicals sector. This 17-acre facility, currently employing 50 ...more

The National Company Law Appellate Tribunal (NCLAT) has refused to halt the NCLT's order to freeze the assets of Gensol, its promoters, and related entities. Two Gensol Group companies, BluSmart Premium Feet and Matrix Gas and Renewable ...more

Traditional banks in India face increasing competition from agile, tech-driven rivals, impacting their revenue share despite overall sector growth. Fintechs, private credit funds, and digital-native banks are gaining ground with scalabl ...more

Bank of America predicts the rupee will strengthen to 84 against the dollar by the end of 2025, driven by a potential US trade deal, soft oil prices, and a supportive RBI. While capital inflows are expected to continue, equity flows wil ...more