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Bankruptcy Board of India (IBBI) has proposed the transfer of the ownership of a plot or apartment to buyers who owe no dues and are already in possession of them during the bankruptcy resolution of the stressed real estate firm, subject to the approval of the committee of creditors (CoC).

Northern Arc on Thursday said it has secured USD 65 million from global development banks for maiden climate fund through its fund management arm, Northern Arc Investments IFSC Trust. The climate fund gets commitment of USD 50 million from the United States International Development Finance Corporation (DFC) and USD 15 million from OeEB, the official Development Bank of the Republic of Austria, Northern Arc said in a statement. Located in Gujarat International Finance Tec-City (GIFT City), the climate fund will extend debt financing to growth-stage companies operating in sectors such as commercial, industrial, and residential solar energy, energy efficiency, green buildings and materials, e-mobility, and sustainable agriculture, it said.

The company reported Rs 133 crore in net profit in Q2FY23.

₹2.95 lakh). The Vision Pro has yet to reach markets like India, but reports suggest the tech giant is keen to broaden its appeal by creating a lower-cost alternative that may arrive in a few years.According to a report by The Elec, Apple aims to cut costs by switching to a less expensive display technology that maintains a high pixel density.

extra jurisdictional" in its wish to audit the Clearing Corporation of India (CCIL) and India will never accede to its demands. Speaking at the annual BFSI event run by Business Standard here, Sankar said with a deadline to find a solution lapsing in October, no «specific deadline» has been set to settle the over two-year old imbroglio.

simplification of taxes, as well as sustaining the capital investment momentum in the Budget for 2025-26. In a meeting with Revenue Secretary Sanjay Malhotra, CII urged the government to increase the capex by 25 per cent over 2024-25 (BE) with a sharp focus on infrastructure related to rural areas, agriculture, and the social sector.

Reliance Power said on Thursday that it will legally challenge a three-year ban by the country's top renewable energy agency from participating in its clean energy project tenders.

The maker of Dermicool and BoroPlus grew domestic business by 2.6%. The company said the quarter was hit by persistent high food inflation, which affected mass consumer spending. Globally, political unrest in markets like Bangladesh too caused temporary disruptions.

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Subscribe to enjoy similar stories. New Delhi: State-run railway engineering and consulting company RITES Ltd proposes to expand its global footprint, targeting exports of Indian Railways’ underutilized and surplus diesel locos to over a dozen countries in Africa.

property.

Lupin reported a bigger-than-expected rise in second-quarter profit on Thursday, driven by strong demand for its respiratory and diabetes management drugs. Consolidated net profit of the company, which makes biosimilars and active pharmaceutical ingredients, rose to 8.53 billion rupees (about $101 million) for the quarter ended Sept. 30, up about 74% from a year earlier and higher than analysts' estimates of 7.29 billion rupees, as per data compiled by LSEG.

Narendra Modi is unlikely to attend the UN climate conference in Azerbaijan that Environment Minister Bhupender Yadav may also miss, official sources said on Thursday. Union Minister of State for Environment, Forest and Climate Change Kirti Vardhan Singh will lead the 19-member Indian delegation and deliver India's national statement at the high-level segment on November 18-19.

ChatGPT, the company's flagship product.

India, Orissa Metaliks, and Mamco Mining have bagged these blocks.

Northern Arc on Thursday said it has secured USD 65 million from global development banks for maiden climate fund through its fund management arm, Northern Arc Investments IFSC Trust. The climate fund gets commitment of USD 50 million from the United States International Development Finance Corporation (DFC) and USD 15 million from OeEB, the official Development Bank of the Republic of Austria, Northern Arc said in a statement.

northeastern states about the activities of Jamaat-ul-Mujahideen Bangladesh (JMB) and its associate outfits.

Subscribe to enjoy similar stories. Mumbai: On 14 November 2022, 28-year-old gaming creator Tanmay Singh, popularly known as ScoutOP, posted a video revealing his “dream house" in Daman. He built this house—close to the Jampore and Devka beaches—over three years, spending over ₹5 crore of his creator income.