Just over a year ago, Moxion Power closed its doors, adding its name to a list of high-profile bankruptcies that roiled the climate tech world in 2024. The portable battery startup had raised more than $110 million in a bid to replace diesel generators at festivals and construction sites, but even that wasn’t enough to get it through the valley of death. Moxion laid off more than 400 employees and its assets were liquidated.

Now, the startup’s co-founder, Paul Huelskamp, and several former Moxion employees are back with another startup, Anode Technology Company, hoping to accomplish the same goal — ideally without repeating the same mistakes.

“We started Anode with that goal to kind of finish what we started,”…

To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.

This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2. Choose “App Settings” from the menu

3. Turn on the option “Links Open Externally” (This will use…

The Supreme Court on Friday upheld steel major JSW Steel Ltd’s Rs 19,000 crore bid to acquire Bhushan Power and Steel Ltd (BPSL) through the Corporate Insolvency Resolution Process (CIRP) route.

A bench of Chief Justice of India B R Gavai and Justices S C Sharma and K Vinod Chandran upheld the February 17, 2020, National Company Law Appellate Tribunal (NCLAT) order, which approved JSW’s resolution plan. JSW had acquired BPSL in March 2021 under the Insolvency and Bankruptcy Code (IBC).

United Insurance Company Limited is finally set to go into liquidation following the appointment of the official liquidator of the company’s property.

In an insolvency notice issued by Kamal Anantroy Bhatt through Anant Bhatt LLP on September 25, 2025, the liquidator officially announced the convening of a creditors’ meeting as part of the legal process to wind up the troubled insurer. The meeting is scheduled to take place virtually on Thursday, October 2, 2025, at 10:00 a.m.

Bhatt, a licensed insolvency practitioner based in Mombasa, was appointed as the liquidator under the provisions of the Insolvency Act, 2015, acting on instructions from the High Court of Kenya sitting at the Nairobi Commercial and Tax Division, under…

The Supreme Court of India today reversed its recent decision quashing JSW Steel’s resolution plan for Bhushan Steel and Power Limited (BSPL).

Last month, the court had reserved its verdict on the review petitions after days of sharp exchanges between Senior lawyers over the fate of nearly Rs. 6,000 crore in earnings before interest, taxes, depreciation and amortisation (EBITDA) generated during the corporate insolvency process.

Notably, on July 31, the CJI-led bench had recalled the May 2 verdict and decided to re-hear the matter.The Bench of Chief Justice B.R. Gavai, Justice Satish Chandra Sharma and Justice K. Vinod Chandran heard detailed arguments from Senior Advocates Neeraj Kishan Kaul for JSW Steel, Dhruv Mehta for former…

BPSL was one of the “dirty dozen” large corporate defaulters identified by the Reserve Bank of India (RBI) in 2017. Its CIRP commenced on July 26, 2017.  

Key issues addressed 

The Court addressed and ruled on several contentious issues raised primarily by the erstwhile promoters and a few Operational Creditors (OCs):  

EBITDA distribution confirmed to stay with BPSL: The Supreme Court upheld the NCLAT’s decision that the Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) generated by BPSL during the CIRP period would remain with the company. The court rejected the arguments for its distribution among creditors, noting that neither the Request for Resolution Plan (RfRP) nor the Resolution Plan itself provided…

Gen Z and millennials are now leading the surge in US gambling. In the second quarter of 2025, Gen Z accounted for 34 percent while millennials contributed to 42 percent of betting activity in the quarter, according to TransUnion’s US Betting Report. These younger demographics are engaging most actively in online sports betting, online casinos, and other digital-first wagering formats, making them the key contributors to overall growth.

The report indicates that 30 percent of US consumers engaged in betting during Q2 2025, up from 25 percent in the same quarter a year earlier. This rise is largely driven by the younger cohorts, who are accelerating adoption of gambling in the digital era. Many of these bettors…

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2….

Carlsquare has acted as exclusive debt advisor to Levine Leichtman Capital Partners (“LLCP”), a global middle-market private equity firm, on the acquisition financing of ENTRO Service GmbH (“ENTRO”), a leading group of tech-nical service providers specializing in the maintenance, servicing, and repair of access control, security, and fire safe-ty systems.
The new partnership between LLCP and ENTRO will support ENTRO’s ambitious growth plans beyond the DACH region to create a European leader, while strengthening LLCP’s footprint in the…

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2….