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FORGOTTEN HISTORY: Cirp - Caught on Camera

NCLAT sets aside Zaveri Group's bid for Gujarat Hydrocarbons and Power SEZ

The NCLAT has overturned Zaveri Group's resolution plan for GHPSL. This decision mandates a restart of the insolvency process with new bids. The appellate tribunal cited an unverified presumption regarding SEZ de-notification. It also highlighted errors in the initial information memorandum provided. Consequently, fresh expressions of interest will now be…

The Economic Times

Supreme Court dismisses Reliance Communications, lenders' petitions against bank guarantee invocation

The Supreme Court dismissed Reliance Communications lenders' challenge to the DoT's bank guarantee invocation. The court stated lenders should have approached the high court first for this matter. The DoT sought to invoke bank guarantees totaling approximately ₹800 crore from four banks. Lenders argued the Supreme Court's prior judgment did…

The Economic Times

Gratuity, leave encashment not part of CIRP cost: NCLAT

The NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' former director. Such dues must be settled according to the company's approved resolution plan. Gratuity is a terminal benefit, not an insolvency resolution process cost. The appellate tribunal found the…

The Economic Times

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Byju’s tablets, laptops gather dust in warehouse as insolvency drags on

The delay comes as the June 30 deadline for submitting expressions of interest (EoI) in the broader resolution process has passed. The warehouse assets are being handled through a separate sale under Regulation 29 of the CIRP (Corporate Insolvency Resolution Process), but the delay points to the challenge of monetising…

The Economic Times

Catholic Church to pay €1.6 million to abuse victims but says payments 'do not erase past'

Portugal's bishops and religious orders have announced that they will pay 1.6 million euros in financial compensation to victims of sexual abuse.

Euronews

The iPhone 16 Pro is now less popular than the base iPhone 16, according to new report – and I’m not surprised

The iPhone 16 is more popular than ever, a report claims, but the iPhone 16 Pro has seen its sales fall.

TechRadar

As iPhone 16e goes on sale, some suggest iPhone 17e could come sooner than expected

It looks like Apple's new cheap iPhone will come much more regularly than previous models.

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Most iPhone 16 buyers will be upgrading for one simple reason, new study says – and it isn’t Apple Intelligence

A new study has revealed the reasons why most people upgrade their iPhones –and it's usually down to their old phone.

TechRadar

New report crowns unsung hero as Apple's most popular service

A new report from CIRP has found that iCloud is still Apple's most popular service.

iMore

It's official – the iPad Pro is Apple's most popular tablet by far

Wondering which iPad to buy? Here's the latest data on the most popular Apple tablets in 2024.

TechRadar

It turns out that the iPad Pro is Apple's most popular model, after the newest models score even more sales

A new report shares that the iPad Pro is once again Apple's most popular iPad model, and the newest devices are proving even more popular.

iMore

More users are switching from Android to iPhone than ever — although not for the models you'd expect

Android users appear to be flocking to iPhone — but which models are they choosing to buy?

iMore

Android defectors are flocking to Apple, but not thanks to the iPhone 15

A surprising number of iPhone buyers are now Android switchers, according to a new report – but they're largely going for older models.

TechRadar

Apple Mac fans are holding onto their computers for longer – here’s why

A new survey suggests that Mac users are keeping their devices for longer than ever, with fewer feeling the need to upgrade.

TechRadar

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TechRadar

Here’s what iPad upgraders are doing with their old iPads, instead of trading them in

A new report reveals what most people do with their old iPads – and there are some surprising differences compared to iPhone owners.

iMore

Apple's iPhones are so good and last so long people aren't buying new ones as activations slump

New Apple iPhone sales are falling as people find their existing handsets are good enough for one more year.

The Hindu

Viceroy Hotels mulls strategic acquisition of distressed hotel assets

Viceroy Hotels in Hyderabad seeks acquisitions of distressed hotel assets for expansion amid industry growth post-Covid.

TechRadar

Android switchers are choosing these iPhones when making the big move to iOS

Some new data reveals the most popular iPhone models among Android switchers – and how that compares to existing iOS fans.

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iMore

Fewer Android users are jumping to the iPhone, but there are still converts out there who want an Apple device

Android users are picking up iPhones still, but fewer are moving across to the iOS platform.

Android Central

Fewer Android users switched to iOS last year, but it's still a problem

Fewer Android users switched to iOS last year, but the five-year trends show that they are steadily flipping to iPhone.

TechRadar

Android users are still defecting to Apple, but the numbers are falling

Fewer users are ditching Android for iPhone, despite Apple’s handsets remaining the top-selling phones.

Zenger

Apple’s IPhone Average Selling Price Hits 18-Month Low In US

Decline in interest for iPhone 14 Pro models contributes to drop in average sales price.

Zenger

Virtual Driving Assessment Predicts Crash Risk For New Teenage Drivers

High-tech system identifies skill deficits to develop personalized interventions

iMore

iPhone owners are switching to Android and things could get even worse

People are switching to Android from the iPhone but many more are coming the other way.

Laptop

Android users are switching to iPhones at the highest rate in 5 years

Over the past decade, a steady stream of Android users have been switching to iPhones. A report helps us follow the trend.

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