The Supreme Court on Thursday exercised its extraordinary constitutional powers and ordered the liquidation of grounded air carrier Jet Airways' assets. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra set aside the National Company Law Appellate Tribunal (NCLAT) decision upholding the resolution plan of Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC).

More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Since then, more than 20,000 jobs and money worth thousands of crores owed to lenders, vendors and passengers evaporated while awaiting an insolvency resolution. And today, the Supreme Court ordered the airline's liquidation, marking the formal completion of a turbulent journey into the sunset and shattering lean revival hopes.

Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry. The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25. Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).

SBI on Friday reported a 23 per cent on-year jump in consolidated net profit at Rs 19,782 crore for the quarter ended September 30, 2024. The consolidated net profit for the corresponding period last year stood at Rs 16,099 crore.

The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.

Starting November 12, Vistara aircraft will be operated under the Air India banner, to be identified by a special four-digit flight code beginning with "2".

The last registration date for the IIT-Joint Entrance Exam Main 2025 Session 1 is November 22, 2024.

The assailants believed to be Pakistani terrorists, meticulously studied the site layout before executing their plan.

The explosion ripped through the provincial capital Quetta's railway station as passengers gathered on the platform before the scheduled departure of the Jaffar Express to Peshawar.

In “India Conquered”, Jon Wilson demystifies the British rule in India

Artist Sivaraman and CRY joined hands to spread the message of child rights through a sand sculpture on Marina Beach

Shipra Rohatgi and Sanjana Chatlani have set up successful ventures that tap the potential of calligraphy

Here’s how the lockdown proved to be transformative for Alankrutha Chandra and Meher Gundavarum, inspiring them to return to Telangana and take up chemical-free farming and establish a clothing label, Elephant in You

Neeraj Chopra on Wednesday bid an emotional farewell to his German coach Klaus Bartonietz who ended his five-year partnership with the star Indian javelin thrower, citing family commitments.

Breaking was dropped from the Olympic programme for the 2028 Games in Los Angeles. Gunn said she would not consider coming out of retirement if the dance-sport returned to the Games.

Kiran George dished out yet another gritty performance to upset third seed Chi Yu Jen of Chinese Taipei.

The double Olympic medallist last competed in Brussels in the Diamond League Final in September and will spend 31 days in Potchefstroom.

The young duo of Ayan Lohchab (14) and Devank Dalal (11) scored 25 points between them as the Patna Pirates secured an impressive 43-41 win over the Jaipur Pink Panthers in the Pro Kabaddi League in Hyderabad on Friday.

At just 12 and a half years old, Manjari won gold in diving at the 1968 national championship in Kanpur, competing against older athletes.

Star Indian javelin thrower Neeraj Chopra on Saturday roped in Jan Zelezny, one of the greatest the sport has produced, as coach to help prepare him for the upcoming season.

Czech Barbora Krejcikova on Sunday called for respect and professionalism in sports media as she hit out at "unprofessional" remarks made about her appearance during a broadcast on the Tennis Channel.

Daniil Medvedev might have to delay his holiday plans a while longer after rediscovering his spark to beat Australia's Alex de Minaur in straight sets at the ATP Finals on Tuesday.

Arjun Deshwal capped off an exceptional solo performance to lead Jaipur Pink Panthers to a 39-32 win over Bengaluru Bulls in the Pro Kabaddi League (PKL) in Noida on Tuesday.

The fund manager sees opportunities in sectors such as education and microfinance.

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Fajrin said 'unsubsidised' transactions for Bukalapak account for over half of its total sales.

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If on a risk-adjusted basis, I think it's a good time to get out, then I will get out, he says.

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Ninja Van's country head Eric Saputra talks about the challenges and opportunities of operating in Indonesia.

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He led MDI Ventures to clock a record five exits in a single year in 2019.

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Agarwal described the global restructuring process as "95% complete."

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In January, Wandou raised $48-million Series B from SBI Holdings, Sugi Holdings, and XJ Holding.

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SNOWPLUS, which recently raised $125 million, is seeking to grow in SE Asia, Europe and the US.

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In 2019, JD.com merged its secondhand commodity trading platform Paipai.com with Aihuishou.

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The deal is likely to help Jio in its goal of bringing 30 million neighbourhood grocery stores online.

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