Creditors to Bhushan Power & Steel, including State Bank of India, Punjab National Bank, and Asset Care Reconstruction Enterprise (ACRE), are assessing the legal paths available to them after the Supreme Court...
Nazara’s resolution plan to acquire Smaaash gets NCLT nod
The National Company Law Tribunal (NCLT) has approved gaming and media firm Nazara Technologies’ resolution plan to acquire Sachin Tendulkar-backed Smaaash Entertainment, which has been undergoing insolvency proceedings...
Absolute Sports to acquire pro-wrestling sites TJRWrestling and ITRWrestling in $1.25 million deal
Absolute Sports, the parent company of sports news website Sportskeeda and a subsidiary of Nazara Technologies, is set to acquire two pro-wrestling media properties—TJRWrestling and ITRWrestling—in a $1.25 million all...
KPIT to buy Caresoft’s engineering solutions unit for $191 million
KPIT Technologies on Tuesday announced the acquisition of Caresoft Global’s engineering solutions business for a total consideration of up to $191 million. The buyout would strengthen KPIT’s commercial...
BrowserStack acquires Y Combinator-backed Requestly to strengthen developer tools stack
BrowserStack has acquired Requestly, a developer tool for HTTP interception, application programming interface (API) mocking, and debugging, as it looks to expand its offerings for frontend developers. The terms of the...
Board of Enviro Infra Engineers approves acquisition of EIE Renewables
At meeting held on 06 May 2025 The Board of Enviro Infra Engineers at its meeting held on 06 May 2025 has approved the acquisition of EIE Renewables. The proposed acquisition will enable the Company to tap the...
Government to finalise view on liquidation of Bhushan Power and Steel soon, says DFS Secretary
The government is reviewing the Supreme Court’s order on liquidation of Bhushan Power and Steel Ltd and it will take a view on the matter based on the discussions with the senior government advocates, said M...
IBC rules under review after scrapping of JSW Steel’s BPSL acquisition
India is reviewing its insolvency regulations to ensure strict adherence to stipulated processes and timelines by key stakeholders to prevent cases like JSW Steel’s acquisition of Bhushan Power and Steel (BPSL)...
Electric cab startup Evera begins absorbing BluSmart’s repossessed EVs; eyes Delhi airport dominance
Delhi-based all-electric taxi service company Evera has started onboarding electric vehicles (EVs) leased to it by the lenders of BluSmart, including non-banking finance companies and banks, which repossessed the...
GIC-backed Asia Healthcare Holdings to acquire Dr Dangs Labs
Asia Healthcare Holdings (AHH), backed by Singapore’s sovereign wealth fund GIC, is set to acquire a majority stake in Dr Dangs Labs, a diagnostic chain operating in Delhi and Gurugram, according to two people aware of...
Airtel, Tata Play call off DTH merger talks
Bharti Airtel has officially called off discussions with the Tata Group regarding a potential merger of their Direct-To-Home (DTH) businesses. The telecom giant, through a regulatory filing said that both parties have...
Apollo Micro Systems acquires IDL Explosives for Rs 107 crore to expand defence manufacturing
Apollo Micro Systems Limited, through its wholly owned subsidiary Apollo Defence Industries Private Limited (ADIPL), has signed a Share Purchase Agreement to acquire full ownership of IDL Explosives Limited for ₹107...
