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IBBI rolls out new empanelment rules for insolvency professionals

The Insolvency and Bankruptcy Board of India (IBBI) has introduced fresh guidelines for empanelment of insolvency professionals to streamline and speed up appointments in corporate insolvency and bankruptcy proceedings, PTI reported.The revised framework lays down procedures for preparing a panel of insolvency professionals (IPs) who can serve as Interim Resolution Professionals (IRPs), Resolution Professionals (RPs),…

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Underground electricity wiring project launched on pilot basis in CM Mann’s native village

SANGRUR: An underground electricity wiring project was launched by Punjab chief minister Bhagwant Mann on a pilot basis in his native Satoj village here, calling it a first-of-its-kind initiative to transform the state into the country’s first state with pole-free villages.Mann said this project will prevent crop fires, fatal accidents and frequent power disruptions caused…

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IBC recovery crosses Rs 4.11 lakh crore, over 8,800 insolvency cases admitted

More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) had been admitted under the Insolvency and Bankruptcy Code (IBC) till December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday, PTI reported.More than 4,000 corporate debtors have also been rescued through resolution, settlements, withdrawals…

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‘Yeah… Mohsin’: Rishabh Pant and Ian Bishop’s hilarious toss chat on Mohammad Shami during RR vs LSG goes viral

Lucknow Super Giants captain Rishabh Pant found himself in an awkward yet funny exchange with commentator Ian Bishop during the toss ahead of LSG’s IPL 2026 clash against Rajasthan Royals on Tuesday, after being asked about the absence of senior pacer Mohammed Shami from the playing XI.Rajasthan Royals stand-in skipper Yashasvi Jaiswal won the toss…

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