Odisha Grapples with Rs 6,558 Crore Unpaid Power Bills
Odisha faces a massive Rs 6,558.64 crore in unpaid electricity bills. Authorities launch aggressive recovery drives, including disconnections, to tackle the crisis. Read more.
Odisha faces a massive Rs 6,558.64 crore in unpaid electricity bills. Authorities launch aggressive recovery drives, including disconnections, to tackle the crisis. Read more.
Aligarh Muslim University forms committee to investigate students who allegedly didn't pay fees after the university switched from manual to online payment during Covid-19.
Mormugao Municipal Council sealed a public and a private bank branch in Vasco for failing to pay Rs 9 lakh rent. The council is using a unique 'Gandhian' method with roses to recover dues from other defaulters.
Vodafone Idea share price rallied over 4% as the government examines legal options for AGR dues relief. Telecom Minister Scindia awaits formal request from telco. Details inside.
Ludhiana Municipal Corporation cracks down, sealing six buildings for illegal structures and unpaid fees. Commissioner warns of intensified action. Owners must clear dues.
Govt quarters in Bhubaneswar allotted to NGOs, individuals, and political parties have accumulated massive rent arrears of Rs 2.47 crore, reveals CM Majhi. Read about the top defaulters and the state's recovery plan.
West Bengal government releases 2026 holiday list with over 150 days off for employees. Includes 12-day Durga Puja break. Check full details and central govt holidays here.
Vodafone Idea shares surged nearly 4% as Telecom Minister Jyotiraditya Scindia indicated potential AGR dues relief. Read the latest updates on the telecom sector.
Government to introduce corporate IBC amendments first, delaying structural reforms for homebuyers and stuck projects. Key changes for real estate require further consultation. #IBC #RealEstate
Enforcement Directorate exposes manipulation of insolvency process, arrests Lalu Prasad Yadav's aide Amit Katyal. Crucial evidence of bid rigging and ₹50 lakh cash seized in nationwide probe.
Bengaluru's Mantri Mall clears Rs 6.5 crore property tax but still owes Rs 30 crore to BBMP. The mall has faced multiple sealings for non-payment. Read the latest updates.
BWSSB introduces a one-time settlement scheme for Bengaluru residents to clear pending water charges. Minister H K Patil announced the initiative on November 27, 2025.
India's Insolvency and Bankruptcy Code undergoes major reforms with cross-border insolvency and faster debt resolution. Parliament to consider revised bill in December session.
Vodafone Idea share price surges 50% in 3 months as government becomes largest shareholder. Can this telecom turnaround continue? Analysis inside.
Public sector bank CEOs must personally oversee top 20 pending NCLT cases and 10 resolution accounts. DFS Secretary Nagaraju urges swift action for better recoveries through IBC ecosystem.
Greater Bengaluru Authority launches aggressive tax recovery drive to address ₹3,100 crore shortfall. Chief Commissioner orders immediate action against top defaulters. Read full details.
President Trump's Department of Government Efficiency disbands with 8 months remaining in mandate. Critics question measurable savings from high-profile initiative. Read analysis.
Explore how Vodafone Idea's near-collapse and revival mirrors India's 25-year telecom evolution, from policy chaos to billionaire rivalries. Discover the untold story behind the rescue.
Indian government and IBBI are developing a tailored real estate insolvency framework focusing on project or tower-level resolutions to protect homebuyers from construction delays. Learn how this new approach could transform the housing sector.
IBBI introduces standardized valuation format for distressed assets to enhance transparency and reduce lawsuits. Public feedback accepted until December 10. Learn how this impacts creditors.
Sugarcane farmers in Karnataka's Bidar district continue protest for 7th day demanding unpaid dues from sugar factory. Police deployment continues as agitation persists.
Karnataka Minister K H Muniyappa requests Union Government to supply 775-gram gunny bags for ragi procurement under MSP scheme. Read full details.
Haryana High Court admonishes systemic indifference, directs Principal Secretary Electricity to verify widow's claim and release death benefits within two months. Justice Sharma ensures justice for pensioner's family.
Supreme Court permits reconsideration of AGR dues for Vodafone, potentially waiving interest and penalties that constituted 75% of Rs 93,000 crore demand. Relief for telecom sector.
Karnataka sugarcane farmers end protest as factories agree to pay Rs 3,300 per tonne and clear dues. Minister warns of strict action against violence perpetrators.
Vodafone Idea shares surge 14% this week, hitting 1-year high at ₹11.08. Q2 results beat estimates, Supreme Court relief on AGR dues fuels rally. Key details inside.
Supreme Court concludes hearing on whether telecom spectrum can be sold under IBC. The verdict will impact lenders' dues recovery and set a precedent for future cases. Read more.
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
Vodafone Idea is searching for a new chief operating officer as the telecom giant aims for recovery with government relief and improved quarterly performance. Read more.
The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.