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Headlines

Wednesday, April 22 2026

Middle East Crisis, High Rates Trigger Korean Construction Layoffs

The Middle East crisis and prolonged U.S. interest rate hikes are squeezing Korea's construction sector, triggering massive job cuts at major companies and a surge in bankruptcies among smaller contractors, The Korea Times…

Wednesday, April 22 2026

SBI Moves Supreme Court Seeking Review of Spectrum Ruling, Flags Impact on Telecom Insolvencies

State Bank of India (SBI), on behalf of lenders to the bankrupt Aircel group, has approached the Supreme Court of India seeking a review of its February 13 judgment that barred telecom spectrum from being treated as an asset…

Wednesday, April 22 2026

Jaypee Insolvency: Adani Group Backs CoC Decision; Opposes Vedanta's Late Offer

The Adani Group on Tuesday strongly defended the integrity of the resolution process in the Jaypee Associates insolvency matter before the National Company Law Appellate Tribunal (NCLAT), where Vedanta has challenged the decision…