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Apex court stays NCLAT order on settlement between Byju's, BCCI

The Morning Standard

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August 15, 2024

IN a setback for edtech firm Byju's, the Supreme Court on Wednesday stayed the National Company Law Appellate Tribunal's (NCLAT) order that approved the settlement between the edtech firm and the BCCI.

Byju's US-based lenders had approached the Supreme Court and now insolvency proceedings against the company have been revived. A bench led by Chief Justice DY Chandrachud said that they are staying the judgment. The SC also asked the BCCI to keep ₹158 crore in a separate escrow account and the next hearing will be held on August 23. US-based Glas Trust challenged the NCLAT order as it

PLUS D'HISTOIRES DE The Morning Standard

The Morning Standard

Gupta begins Atal Canteen project, first ₹5 meal outlet to come up in Timarpur

CHIEF Minister, Rekha Gupta on Friday laid the foundation stone of the first Atal canteen in the Timarpur area, marking the fulfilment of a key promise made by the BJP. The government has planned to open 100 such canteens, named after former prime minister Atal Bihari Vajpayee, with an aim to provide affordable meals to underprivileged people.

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November 22, 2025

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Kotak Bank announces 5:1 stock split

THE country’s fourth-largest private sector lender Kotak Mahindra Bank on Friday announced a 5:1 stock split after 15 years.

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November 22, 2025

The Morning Standard

The Morning Standard

IndiGo to invest $820 mn in financial services business to acquire aircraft

INDIAS largest airline —-IndiGo — will invest $820 million (₹7,294 cr) in its wholly-owned subsidiary — InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC) — to acquire aviation assets and enable ownership of aircraft.

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November 22, 2025

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Unions growl, India Inc weighs 4 Labour Codes' notification

Minimum wage and social security for all, including gig workers; retrenchment rules eased for employers

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November 22, 2025

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Re hits all-time low of 89.61 against USD

THE rupee, the worst among its Asian peers and has hit many lifetime lows this year, tumbled to a new all-time low on Friday, breaching the psychologically sensitive 89-mark for the first time.

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November 22, 2025

The Morning Standard

The Morning Standard

877 held in cyber fraud crackdown

In a major operation that lasted 48 hours, police round up 4,317 suspects and file 360 FIRs

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November 22, 2025

The Morning Standard

Ashes, Bradman and power of imagination

THE Ashes is upon us. Cricket's most storied rivalry inevitably brings to mind the greatest batter the game has known.

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November 22, 2025

The Morning Standard

HC judge recuses from Azam Khan cases just before scheduled hearing

ALLAHABAD High Court Justice Sameer Jain, on Friday, recused himself from hearing all matters related to Samajwadi Party leader and former MP Azam Khan, including 2016 Yatimkhana (orphanage) case.

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November 22, 2025

The Morning Standard

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Oil refiners’ operating profit set to rise by 50% to $18-20/barrel

OIL marketing companies’ (OMCs) operating profit is likely to surge more than 50% to $18-20 a barrel this fiscal from $12 last fiscal on the back of stronger marketing margins due to stable retail prices and favourable crude oil dynamics.

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November 22, 2025

The Morning Standard

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Friday trailer out

DHEENA takes justice into his own hands against a gangster and politician in the trailer for Friday, the upcoming gangster crime thriller film.

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November 22, 2025

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