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SC asks CoC to consider INSCO's plan

Business Standard

|

June 03, 2025

But apex court says terms should match AGI Greenpac's offer

- Ruchika Chitravanshi & Aashish Aryan

The Supreme Court has asked the Committee of Creditors (CoC) of Hindustan National Glass and Industries (HNGI) to consider the resolution plan of Independent Sugar Corporation (INSCO), provided the cash payment by INSCO to the CoC matches glass and sanitaryware maker AGI Greenpac's commercial offering.

Business Standard'den DAHA FAZLA HİKAYE

Business Standard

Lower bad loans offer respite amid economic uncertainty: Report

The asset quality at major Indian banks is expected to improve further, despite economic challenges from the war in West Asia and anticipated weak rainfall, according to a report by S&P Global Market Intelligence.

time to read

1 min

June 11, 2026

Business Standard

Business Standard

Heatwaves likely affecting working adults' health: Study

India’s ongoing intense summer heatwaves might be quietly triggering dehydration, electrolyte imbalance, and kidney stress among healthy working adults, according to a study of more than 22,000 routine health checkup records conducted by Plum.

time to read

1 min

June 11, 2026

Business Standard

Why SpaceX IPO may spell bad news for crypto

SpaceX’s much-anticipated $75 billion initial public offering will likely keep cryptocurrency prices in the doldrums as retail investors attracted to new and risky artificial intelligence stocks scramble to get a slice of the action.

time to read

1 min

June 11, 2026

Business Standard

Whistling Woods, InVideo roll out AI lab in Mumbai

Whistling Woods International inaugurated its artificial intelligence (AI) lab in collaboration with InVideo on Wednesday.

time to read

1 mins

June 11, 2026

Business Standard

12 yrs of NDA in power: PM says reforms to continue

As the National Democratic Alliance (NDA) government celebrated 12 years in power at the Centre, Prime Minister Narendra Modi on Wednesday promised the country that the speed and scale of his government’s decisions would be larger and more comprehensive in the years to come.

time to read

2 mins

June 11, 2026

Business Standard

Sebi moves to ease AMC executive pay disclosures

The Securities and Exchange Board of India (Sebi) has proposed a significant overhaul of executive remuneration disclosures by mutual fund asset management companies (AMCs), seeking to replace individual, namewise disclosures with consolidated compensation data.

time to read

1 mins

June 11, 2026

Business Standard

Gold slips below pre-duty hike level as global prices drop

Indian gold prices dropped 3.5 per cent on Wednesday to their lowest since early May, falling below pre-duty-hike levels following a sharp decline in global bullion prices.

time to read

1 min

June 11, 2026

Business Standard

Business Standard

Artificial intelligence, geopolitics reshaping biz landscape: Chandra

The world is being reshaped by geopolitical shifts, supply chain realignments, energy transitions, rapid advancement in AI (artificial intelligence) and climate events, said N Chandrasekaran, chairman of Tata Consumer Products Ltd (TCPL), at the company's annual general meeting (AGM) on Wednesday.

time to read

1 mins

June 11, 2026

Business Standard

A year of A-I crash: Families seek permission to hold candlelight vigil at disaster site

Families of Air India (A-I) crash victims have asked the Aircraft Accident Investigation Bureau (AAIB) for permission to hold a candlelight vigil at the AI171 crash site in Ahmedabad on Friday evening to mark the first anniversary of the disaster, Business Standard has learnt.

time to read

1 mins

June 11, 2026

Business Standard

3 Indians missing after tanker attacked off Oman

India late on Wednesday summoned a US embassy official and lodged a protest after an attack on the commercial tanker Settebello off the coast of Oman near the entrance to the Strait of Hormuz, in which three Indian crew members remain missing.

time to read

1 min

June 11, 2026

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