ZEE Entertainment Enterprises Limited (ZEEL) has withdrawn its application from the National Company Law Tribunal (NCLT) that sought directions to Sony Group Corp-owned Culver Max Entertainment and Bangla Entertainment...
Cipla to acquire Ivia Beaute’s cosmetics, personal care distribution, and marketing business for Rs 130 cr
Pharma major Cipla Ltd will acquire the cosmetics and personal care distribution and marketing business of Ivia Beaute Pvt Ltd, including the latter’s brands Astaberry, Ikin and Bhimsaini, on a worldwide basis for...
Adani’s Ambuja Cements to buy My Home Group’s grinding unit in TN for Rs 413.75 crore
Ambuja Cements on Monday said it will acquire My Home Group’s cement grinding unit at Tuticorin in Tamil Nadu for a total value of Rs 413.75 crore. The company — a part of the Adani Group — has signed...
Miraj Entertainment inks strategic partnership with IMAX
Miraj Entertainment has inked a strategic deal with IMAX Corporation to install three new IMAX with Laser systems at key locations across India, including one in Mumbai—set to open in 2024—one in Jaipur, and a third...
Bankruptcy court disposes off insolvency applications against Mumbai Metro One
The Mumbai bench of the National Company Law Tribunal (NCLT) has disposed of two separate insolvency resolution applications filed by the State Bank of India and IDBI Bank against Mumbai Metro One. The borrower is a...
NCLAT upholds NCLT order in Smaaash insolvency case
The National Company Law Appellate Tribunal (NCLAT) has upheld an order by the National Company Law Tribunal (NCLT) in November 2023 that set aside the ‘fraudulent’ transfer of the Smaaash brand by founder Shripal...
NCLAT stays insolvency proceedings against Captain GR Gopinath’s Deccan Charters till April 26
The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Captain GR Gopinath’s Deccan Charters till April 26, 2024, its next date of hearing. Earlier, the Bengaluru bench of...
Postman acquires Orbit to expand reach in software developer community
Postman, an application programming interface (API) management platform for enterprises, said it has acquired Orbit, a tool developer companies use to grow communities across forums, chat platforms and social channels...
Edelweiss Alternatives’ Fund acquires L&T IDPL
Edelweiss Alternatives’ Infrastructure Yield Plus acquired L&T Infrastructure Development Projects (L&TIDPL), which includes seven operational roads and one power transmission asset in India. Larsen &...
Great Eastern Shipping Company expands fleet with acquisition of Jag Priya
Great Eastern Shipping Company took delivery of a 2010 built Medium Range product tanker Jag Priya of about 49,999 dwt. The Company had contracted to buy the vessel in Q4 FY24. Including this vessel, the Company’s...
Edelweiss Alt completes acquisition of L&T Infra Development Projs for Rs 6,000 cr
Edelweiss Alternatives on Thursday announced that it has completed the Rs 6,000 crore deal to acquire L&T Infrastructure Development Projects (LTIDPL), which owns various road assets and power transmission lines...
KSK Mahanadi likely to undergo fresh bidding
The debt-ridden KSK Mahanadi project may soon undergo a fresh round of bidding as the National Company Law Tribunal (NCLT) has vacated a stay on the resolution plan proceedings and allowed issuance of fresh expression...
