Indusind taken Zee Enterprises to NCLAT for insolvency proceedings The National Company Law Appellate Tribunal (NCLAT) stayed the order of the tribunal which had admitted Zee Entertainment Enterprises Ltd. into insolvency. Earlier this week, the National Company Law Tribunal had admitted Zee into insolvency on an application by IndusInd Bank last year for defaulting under […]

In the last week of February 2023, share price of Vedanta almost fell by 10% because Vedanta resources, Vedanta Ltd’s unlisted parent company has about $7.7B in debt outstanding. Their bond price has come down due to a sudden increase in the bond yield because of stress/fear of default of payment due in June 2023.