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NCLT orders action against RP of Byju’s
The National Company Law Tribunal (NCLT) ordered disciplinary action against the resolution professional handling Byju’s insolvency case due to misconduct. The tribunal reinstated Glas Trust and Aditya Birla Finance to the Committee of Creditors, emphasizing the resolution professional’s failure to act with integrity and fairness.
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Bajaj Finance profit rises 18% to 4,308cr
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Maruti Suzuki Q3 net profit up 16% on higher sales
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OpenAI chief Sam Altman plans India visit: Report
Microsoft-backed OpenAI’s chief Sam Altman is planning a trip to India on February 5, which may include meetings with government officials. This visit comes amidst ongoing legal challenges in the country, including a lawsuit over copyright breaches filed by a news agency and supported by several media outlets.