NEW DELHI: Supreme Court on Wednesday flagged the substantial haircuts taken by creditors in proceedings under Insolvency and Bankruptcy Code (IBC) after being told how the bankrupt Reliance Communications of Anil Ambani group was bought at a throwaway price by Mukesh Ambani’s Reliance Jio.Solicitor general Tushar Mehta said, “Apropos the SC’s concern, govt of India…
India has launched CoalSETU, a new policy for long-term coal linkage auctions aimed at industrial use and exports. This dedicated window allows any domestic industrial buyer to bid, simplifying procedures and boosting the utilization of coal reserves. Fuel supply agreements can extend up to 15 years, with flexible use within group companies, potentially reducing imports…
Former India wicketkeeper-batter and current Royal Challengers Bengaluru (RCB) mentor Dinesh Karthik has spoken about the build-up to the IPL mini-auction and the work that goes into it. He said the process is demanding and something he has enjoyed during his time in cricket.RCB are the defending champions after winning their first IPL title in…
Chennai Super Kings (Photo by Prakash Singh/Getty Images) The 2026 IPL cycle feels like a reset point for five-time champions – Chennai Super Kings. For the first time in their history, they enter a season carrying both a legacy and a wooden spoon. The franchise that built its reputation on stability and emotional loyalty has…
Hockey India League (HIL) 2026 mini auction (HIL Photo) The Hockey India League (HIL) 2026 mini auctions concluded on Wednesday in New Delhi, with franchises splashing cash on marquee internationals and promising Indian juniors in both men’s and women’s competitions. Over 200 players went under the hammer across the two sessions, showcasing franchises’ strategy of…