Vedanta acquires Incab Industries after NCLT nod, expands downstream operations

Vedanta Ltd has secured approval from the National Company Law Tribunal’s Kolkata Bench to acquire Incab Industries, paving the way for a significant push into the downstream copper and aluminium space. The tribunal’s order clears the final hurdle in a long-pending Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code. Incab Industries, headquartered in…

Unimetals Recycling liquidation impacts Exeter site

Among the 27 sites it has across the country, the firm operates facilities on Christow Road at Marsh Barton Trading Estate in Exeter and on Sutton Road in Plymouth. The government confirmed that the official receiver will wind down the company and investigate the circumstances surrounding its collapse, including the conduct of current and former…

Philippines gets lowest score in S&P insolvency review

Keisha Ta-Asan – The Philippine Star December 4, 2025 | 12:00am MANILA, Philippines — The Philippines emerged in the lowest category in global ranking of insolvency regimes, with S&P Global Ratings citing weak protections for creditors and unpredictable outcomes when companies undergo rehabilitation or bankruptcy. The global debt watcher classified the Philippines as a Group…

BDS Group MD bares all on company collapse

The managing director of the BDS Group has explained the story behind the recent liquidation and collapse of the transport and logistics company. BDS Group and the numerous brands under its banner, including BDS Express, went into liquidation on November 11. After starting in 2014, managing director Harry Rathour has publicly released a sit-down video…

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