NEW DELHI: Fair trade regulator CCI on Tuesday said it has given in-principle approval to PNC Infratech‘s proposal to acquire debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding.

“The proposed combination relates to the acquisition of minimum 95 per cent and maximum up to 100 per cent of Jaiprakash Associates Ltd (JAL) by PNC Infratech Ltd (acquirer), or through a special purpose vehicle company that the acquirer may incorporate in the future as its wholly owned subsidiary to acquire JAL,” according to a release issued by the regulator on Tuesday.

The Competition Commission of India (CCI) said…

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The transport company Eurosped Belgium (ESB) has once again been declared insolvent. This is the second such ruling in recent years – initially, the court declared bankruptcy in March 2022, and now, in September 2025, it has again confirmed the company’s insolvency.

Founded in 2006, the company quickly gained a strong market position – in 2015, it was even recognised as the fastest-growing transport company in Belgium. Challenges began after 2018 when its founder Rik Vanlessen died in a tragic accident. Taken over by new owner Pascal Delcour, the company tried to remain in the market, but persistent payment issues, legal proceedings, and the loss of clients ultimately dashed hopes for stable operation.

According to reports from…

The transport company Eurosped Belgium (ESB) has once again been declared insolvent. This is the second such ruling in recent years – initially, the court declared bankruptcy in March 2022, and now, in September 2025, it has again confirmed the company’s insolvency.

Founded in 2006, the company quickly gained a strong market position – in 2015, it was even recognised as the fastest-growing transport company in Belgium. Challenges began after 2018 when its founder Rik Vanlessen died in a tragic accident. Taken over by new owner Pascal Delcour, the company tried to remain in the market, but persistent payment issues, legal proceedings, and the loss of clients ultimately dashed hopes for stable operation.

According to reports from…

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