REVEALED: Latest business liquidations in Perth – dailytelegraph.com.au
REVEALED: Latest business liquidations in Perth dailytelegraph.com.au Read the original article here
Vedanta beats Adani to acquire Jaiprakash Associates in ₹17,000 crore IBC process: Report
Mining conglomerate Vedanta beat Gautam Adani’s Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for ₹17,000 crore, PTI reported citing sources. The bid value translates into Jaiprakash Associates’ net present value (NPV) of ₹12,505 crore. Jaiprakash Associates, which has interests in real estate, cement, power, hotels and roads, was…
Adani Gets CCI Nod to Acquire Jaiprakash Associates
New Delhi, August 28, 2025 -The Competition Commission of India (CCI) has approved the Adani Group’s proposal for the acquisition of up to 100% shareholding of Jaiprakash Associates Limited (JAL). JAL will be acquired by entities within the Adani group, including Adani Enterprises Limited (AEL), Adani Infrastructure and Developers Private Limited (AIDPL), and/or other entities. The…
Jaiprakash Associates acquisition: Vedanta Group wins bid over Adani with ₹17,000 crore offer
Vedanta Group has won the bid for acquisition of troubled business Jaiprakash Associates (JAL), with an offer of ₹17,000 crore, beating out the Adani Group, PTI reported on September 5, citing sources. The mining conglomerate’s ₹17,000 crore comes as JAL is undergoing insolvency proceedings after it defaulted on payment of loans. The bid value translates…
Natron’s liquidation shows why the US isn’t ready to make its own batteries
Sodium-ion battery startup Natron ceased operations this week, ending the company’s 12-year quest to commercialize its technology in the U.S. The company had $25 million worth of orders lined up for its Michigan factory, but it couldn’t deliver them until it had UL certification, according to Raleigh’s The News and Observer, which reported on the…
Scotland’s Corporate Insolvency Market: What Alternative and Asset-Based Lenders Should Expect Next
Scotland’s SME sector has shown impressive resilience over recent years. However, for lenders, particularly challenger banks, alternative funders and asset-based lenders – 2026 will be critical in balancing opportunity with risk. The end of government support schemes has exposed the underlying pressures many businesses are facing: ongoing cash flow constraints, elevated input costs, legacy debt…
Extra general meeting and first control meeting in Hotel Fast SSE AB (publ) — TradingView News
The extraordinary general meeting of Hotel Fast SSE AB (publ) was held on Thursday, September 4, 2025. Full information and documents relating to the meeting’s resolutions are available on the company’s website, www.hotelfastab.se/en-us/. Approval of transfer of business The general meeting resolved, in accordance with the proposal of the board of directors, to approve the…
A Catalyst for Digital Treasury Strategy Reengineering
The voluntary liquidation of Kasei Digital Assets PLC, announced in September 2025, has sparked renewed debate about the viability of digital asset funds as public investment vehicles. As a company that held a portfolio of cryptocurrencies and cash, Kasei’s decision to wind up operations reflects a broader recalibration of risk preferences and cost-benefit analyses in…
Latest Reforms In Real Estate CIRP: Strengthening Position Of Homebuyers
The Indian Real Estate sector has, over the past two decades has seen an unprecedented growth, but it has also exposed deep structural vulnerabilities, particularly when developers default on their commitments. One of the most affected groups in such scenarios has been homebuyers, who often find themselves in a difficult position of having paid large…
Corporate Fraud: Bank of Baroda Tags RCom, Anil Ambani Loans as Fraud – Deccan Herald
Corporate Fraud: Bank of Baroda Tags RCom, Anil Ambani Loans as Fraud Deccan Herald Read the original article here