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New Delhi: The bankruptcy regulator on Monday issued a circular stipulating standardised formats and documentation requirements for the valuation of companies undergoing resolution under the Insolvency and Bankruptcy Code (IBC).The aim is to put in place a scientific approach to the valuation of stressed firms-which significantly influences creditors’ considerations of bid offers and revival plans-and minimise the scope for arbitrary methods.Also Read: Corporate affairs secy exhorts insolvency professionals to fast-track resolutionThe circular followed a November 2025 discussion paper on valuation guidelines by the Insolvency and Bankruptcy Board of India (IBBI).The latest guidelines have three parts. The first part sets out…

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Italian police have dismantled an underground bank used by drug traffickers through which several hundred million euros are believed to have moved over at least three years.The clandestine bank, whose logistical base was located in Prato, north-west of Florence, has been run since 2021 by a Chinese national, officials said.The operation acted as a “global broker at the service of organised crime, offering secure channels for paying for huge drug consignments without any physical movement of cash and guaranteeing total anonymity of financial flows,” police said on Monday in a statement.The circuit, which made it possible to “virtually transfer capital…

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Kudankulam Nuclear Power Plant Unit-3 (ANI photo) MUMBAI: The fifth unit of the 1,000-MW Kudankulam Nuclear Power Project in Tamil Nadu—a joint Indo-Russian project—crossed a significant milestone on Monday with the erection of reactor pressure vessel inside the reactor building for its fifth unit, according to Nuclear Power Corporation of India Limited (NPCIL). Current indications suggest that the fifth unit is slated to become operational towards the end of this year.This was done after clearance from Atomic Energy Regulatory Board. The reactor pressure vessel is the heart of a nuclear power plant that houses the reactor core where nuclear fission…

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Cornell student’s antisemitic message for Jewish-owned startup sparks outrage Cornell University student Austin Franco faces investigation after rejecting an internship from Jewish-owned startup VryfID, allegedly stating he’s ‘not interested in working for a Jew.’ The ‘Outnumbered’ panel discusses the ‘shocking’ display of antisemitism. They emphasize the need for parents and institutions to address the growing issue of hate and discrimination on college campuses, questioning the source of ingrained prejudices among today’s youth. NEWYou can now listen to Fox News articles! Cornell University has opened an investigation after one of its students reportedly turned down an internship with a Jewish-owned company,…

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3 min readNew DelhiUpdated: Jun 15, 2026 10:48 PM IST UPSC Prelims Results 2026 Soon: The Union Public Service Commission (UPSC) announced the Civil Services Preliminary Examination (CSE) 2026 results on late June 15 evening. Going by the commission’s trend over the last few years, prelims results are generally declared within 15 to 20 days of the examination, placing this year’s result dates around mid-June. Live Updates | UPSC Prelims results 2026 This year’s preliminary examination has been widely described by experts and candidates as unconventional and tougher than recent editions. Analyses by The Indian Express noted that the papers…

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The next robotic lander to launch to the moon was revealed today (June 15) by Pittsburgh-based company Astrobotic.NASA chose Astrobotic’s Griffin vehicle to be the lander for its Moon Base II mission, part of the first phase of the agency’s efforts to establish a permanent lunar outpost. Astrobotic is targeting late 2026 to launch Griffin Mission One (Griffin-1), which will lift off on a SpaceX Falcon Heavy rocket. The lander is contracted to deliver several research and technology demonstrations to the surface of the moon as part of NASA’s Commercial Lunar Payload Services (CLPS) program, including the FLIP (Flex Lunar…

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Kansas City Chiefs wide receiver Rashee Rice’s girlfriend, Rubi Rose, posted a series of promotional photos for her lingerie brand, GARDEN OF PUTAIN. On Saturday, Rose announced the launch of the brand’s new product, “ICON LOGO G-STRING” and declared it “the s*xiest thong in the world.” The NSFW marketing campaign featured Rose posing alongside several male models in a variety of setups. Thanks for the submission! In the pictures, Rose wore a black undergarment-style top and a micro-thong with knee-high leather boots. In one photo, she posed while perched on the back of a black sports motorcycle, which was driven…

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The Denza GT Z9 can drive over 600 miles, fast charge in under 10 minutes, and hit 0 to 62 mph in 2.7 seconds. Now, BYD’s luxury EV is following in the footsteps of Marco Polo as it embarks on an over 9,300-mile (15,000 km) trip from Rome to Hong Kong. BYD Denza Z9 GT begins 9,300-mile Marco Polo drive As BYD’s premium, high-tech sub-brand, Denza is always among the first to showcase its latest breakthrough innovations. Most of us nowadays would take a flight from Rome to Hong Kong, which is about an 11-hour trip. BYD has another idea.…

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