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Strengthening Discom Finances: Privatisation, debt relief, market access emerge as long-term solutions

India’s discoms have shown measurable improvement in their aggregate financial performance in FY 2025. For the first time, the sector recorded a positive profit after tax (PAT) on an accrual basis. The average cost of supply-average revenue realised (ACS-ARR) gap has also narrowed significantly, while payment cycles of discoms have shortened. However, these gains have…

UK housing developer Pearcroft Homes enters liquidation

Pearcroft Homes, established in 2022, specialised in building luxury carbon-neutral homes. The company promoted itself as being ‘on a mission to build a positive and sustainable legacy for future generations’. A notice published on September 17 confirmed that liquidators were appointed on September 8. According to Companies House, the winding-up process began in April 2023…

UK housing developer Pearcroft Homes enters liquidation

Pearcroft Homes, established in 2022, specialised in building luxury carbon-neutral homes. The company promoted itself as being ‘on a mission to build a positive and sustainable legacy for future generations’. A notice published on September 17 confirmed that liquidators were appointed on September 8. According to Companies House, the winding-up process began in April 2023…

Bathla Group’s voluntary administration extended until 2027 — Capital Brief

The news: Collapsed property developer Bathla Group’s voluntary administration has been extended until 13 September 2027. The context: The Supreme Court of New South Wales approved the extension, which will allow the administrators more time to progress construction projects already underway, subject to securing sufficient funding. Teneo Australia was appointed voluntary administrator of Bathla on…