Modem maker NetComm Wireless faces final curtain as its Nasdaq-listed owner DZS files for bankruptcy after a year of ownership

The 43-year-old company behind Australia’s first dial-up modem is close to a final shutdown after its Nasdaq-listed owner filed for bankruptcy less than a year after a last-ditch acquisition saved it from the scrapheap. NetComm Wireless was once a well-known star of the local technology industry and powered most of the country’s internet connections in…

Adani, Patanjali Among 26 Firms In Race To Acquire Jaiprakash Associates

New Delhi: Billionaire Gautam Adani’s group and FMCG major Patanjali Ayurveda are among 26 companies that have shown interest in acquiring debt-laden Jaiprakash Associates Limited (JAL), which is currently undergoing insolvency proceedings. Jaiprakash Associates, a key player in sectors like real estate, cement manufacturing, hospitality, and engineering & construction, was admitted into the Corporate Insolvency…

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Adani, Jindal, Patanjali in fray for Jaiprakash Associates turnaround, ET LegalWorld

Jaiprakash Associates issued the provisional list of eligible Prospective Resolution Applicants (PRAs) under Regulalation 36A(10) of Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016 (CIRP Regulations) on April 4, 2025. A total of 26 Prospective Resolution Applicants (PRAs) submitted Expressions of Interest to the Company and have met the…