NEW DELHI: Fair trade regulator CCI on Tuesday said it has in principle approved Adani Group‘s acquisition of debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding. The proposed combination relates to the acquisition of up to 100 per cent shareholding of Jaiprakash Associates Ltd (JAL) by Adani Enterprises Ltd (AEL)…
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The odds were stacked against Eva Dellow’s small business surviving. The co-founder’s joinery company in Sydney’s Botany was struggling to grow after being founded in 2016. She did not want it to be among the 75 per cent of new businesses that failed within seven years. “Just because someone starts a business, doesn’t mean that…
Amidst ride-hailing company BluSmart Electric Mobility’s ongoing insolvency proceedings, claims worth over Rs 500 crore have been reportedly filed by over 200 applicants. The company, which was accused of corporate governance lapses and loan diversions, had insolvency proceedings initiated against it on July 29, following a plea by financial creditor, Catalyst Trusteeship, was admitted by…
Meet Man Who Won Rs 5 Crore On KBC, Went Bankrupt, Got Addicted To Alcohol, Sold Milk For Survival And Now Works As….. Zee News Read the original article here
It’s been just over a month since India’s most celebrated EV ride-hailing startup, BluSmart, was pulled into insolvency proceedings. Once positioned as a torchbearer of India’s green mobility story, the company now finds itself at the heart of a corporate storm, with creditors, regulators, and employees all staking their claims. According to filings before the…
Company that promised to create analogue of Starlink went bankrupt in russia ukranews.com Read the original article here
In an unusual development, Justice Sharad Kumar Sharma, a judicial member of the National Company Law Appellate Tribunal (NCLAT), has recused himself from an insolvency case citing an alleged approach by “one of the most revered members of the higher judiciary” seeking a favourable order. Updated On – 26 August 2025, 08:24 PM …