New Delhi: The National Company Law Tribunal (NCLT), New Delhi, has halted the approval of the repayment plan submitted by Zee Group founder Subhash Chandra and formed a new five-member committee to re-evaluate the case. The National Company Law Tribunal (NCLT), New Delhi has paused earlier approval of the repayment plan filed by Zee Group founder Subhash Chandra and constituted a new five-member committee to review the case anew. The new move is remarkable as the repayment proposal had been receiving a lot of attention due to the huge difference in amount offered to the creditors and the total claims…
Author: Ansh Singh
Ansh Singh
Ansh Singh is a journalist and writer who covers Entrepreneurship, Business, Startups, and Fintech. When not working, you will find him reading insightful case studies, exploring ideas online, and journaling by the beach.
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New Delhi: Indian equity markets came under fresh pressure on August 31, as rising crude oil prices, growing expectations of a US Federal Reserve rate hike and global geopolitical concerns weighed on investor sentiment. The Nifty 50 fell 0.68% to 24,011.48, while the BSE Sensex declined 0.58% to 76,824.45 during the session. The decline came as Brent crude prices moved towards the $90-a-barrel level, increasing concerns about inflation and India’s import bill. India remains highly dependent on imported crude oil, making global oil prices an important factor for the country’s currency, inflation and corporate costs. A sustained rise in crude…
New Delhi, August 29: India offers a huge market, human resources, developing infrastructure, digital capabilities and ongoing economic reforms, said Union Finance and Corporate Affairs Minister Nirmala Sitharaman, who has made India an attractive choice for foreign investment. At the high-level Business Roundtable with investors and business leaders in Chicago, United States, Sitharaman made the remarks. The meeting centered onfly the opportunities arising in the Indian industry in advanced sectors such as manufacturing, artificial intelligence, digital technology, financial services, infrastructure, food processing, defence and others. During the meeting, the message, “Manufacture in India, for India and for the world” was…
New Delhi: India’s wealth story is changing as new industries join the traditional sectors that have historically created the country’s richest families. For decades, major fortunes were closely linked to sectors such as commodities, manufacturing, energy, construction and finance. Today, technology, digital platforms, healthcare, retail and startups are becoming increasingly important sources of wealth. Forbes’ 2025 list of India’s richest people placed Mukesh Ambani at the top with an estimated $105 billion, followed by Gautam Adani and family at $92 billion. But the list also included major fortunes built in technology, healthcare, finance and retail. India has also developed one…
New Delhi, August 29: Park Medi World Limited, one of North India’s leading hospital chains, reported its strongest financial and operational performance in FY2025-26, with consolidated revenue from operations rising 21% year-on-year to ₹1,679.4 crore. EBITDA, excluding other income, increased 20% to ₹444.3 crore, while profit after tax rose 27% to ₹273.6 crore. The company’s EBITDA margin stood at 26.5%, while PAT margin improved to 16.3% from 15.5% in the previous financial year. The healthcare company served more than 8.73 lakh patients during FY26, marking its highest-ever patient volume. Average Revenue Per Occupied Bed (ARPOB) increased 6.9% year-on-year to ₹28,005,…
Mumbai, August 29: Shanti Inorganics Limited, a manufacturer and supplier of sulphur-based inorganic chemicals, proposes to open its Initial Public Offering (“IPO”) on Monday, August 31, 2026. The Company aims to raise ₹47.23 Crores (at upper price band), with its equity shares proposed to be listed on the NSE Emerge platform. The Issue comprises of 56,91,200 equity shares with a face value of ₹ 10 each, offered at a price band of ₹79 – ₹83 per Equity Share. Equity Share Allocation Anchor Investors – 16,20,800 Equity Shares Net Qualified Institutional Buyers (QIBs) – 10,80,000 Equity Shares Non-Institutional Investors (NIIs) – 8,11,200 Equity Shares Individual Investors –…
Georgia [Georgia], August 29: As international investors look beyond saturated markets like Dubai and European capitals for stronger yields and genuine growth potential, Georgia is rapidly emerging as one of the most compelling real estate investment destinations in the world. Positioned at the crossroads of Europe and Asia, the country combines a fast-growing tourism economy, an exceptionally favorable tax environment, and unrestricted foreign ownership rules that few markets can match. At the center of this investment story is Alliance Group, Georgia’s premier hospitality-integrated real estate developer, which has delivered more than 25 landmark projects over 20 years and invested over…
Ahmedabad (Gujarat), August 29: DHS Multispecialty Hospital has inaugurated a new twin-tower facility in Ahmedabad, expanding its healthcare infrastructure and launching a dedicated robotic knee replacement centre. The expansion brings advanced surgical, diagnostic and preventive healthcare services under the same roof. The advanced infrastructure and technology also strengthen Ahmedabad’s potential as a destination for patients seeking specialised orthopaedic and multi-specialty treatment from across Gujarat and beyond. A key highlight of the facility is the VELYS fourth-generation robotic system by Johnson & Johnson. The technology is designed to support precision in knee replacement procedures and forms part of the hospital’s expanding…
Mumbai: The Securities and Exchange Board of India (SEBI) has given its nod to Jio Platforms Ltd, a digital and telecom firm of the Reliance Industries, to proceed with its highly anticipated Initial Public Offering (IPO). The proposed offering (c. ₹37,700 crore ($3.8–4 billion) assumed at the expected size) will be the largest IPO in India. In the week that ended August 28, SEBI gave its observation letter on the company’s Draft Red Herring Prospectus (DRHP), which is a vital regulatory hurdle for Jio Platforms. The company had announced its draft IPO papers with SEBI on June 19, and Mukesh…
New Delhi: Adani Energy Solutions has won a major ₹47 billion, or approximately ₹4,700 crore, power transmission project in Maharashtra, strengthening its position in India’s expanding electricity infrastructure market. The project is designed to support the transmission of up to 4,500 megawatts (MW) of renewable and energy-storage power. It is expected to play an important role in moving clean electricity from generation centres to high-demand areas across Maharashtra. The project will be developed over a period of 36 months. Once completed, it will add around 562 circuit kilometres of transmission lines and 9,000 MVA of transformation capacity to the company’s…
