The Supreme Court on Monday asked the National Company Law Tribunal (NCLT) to decide expeditiously whether the court-appointed committee is necessary to oversee and ensure timely completion of all 30 Supertech projects...
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Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from Edelweiss
Omkara Asset Reconstruction Company, along with global investor Oaktree Capital Management, has acquired the debt of GTL Infrastructure from Edelweiss Asset Reconstruction Company in a secondary market transaction...
JAL insolvency case: Lenders flag ‘leak’ that may have aided Vedanta bid
In a fresh twist in the insolvency proceedings of Jaiprakash Associates Ltd (JAL), the Committee of Creditors (CoC) on Monday told the appellate tribunal that a possible information leak may have prompted Vedanta Ltd to...
Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLAT
The resolution professional of debt-ridden Jaiprakash Associates Ltd (JAL) told the National Company Law Appellate Tribunal (NCLAT) that there has been no formal declaration identifying Vedanta as the highest bidder in...
Kadimi Group expands global footprint
As a first step in its plan to expand globally, Kadimi Tool Manufacturing Co. Pvt. Ltd., a player in the fastener and cold forging industry, recently acquired the US-based Rol-flo Engineering Inc. The Group also plans...
DIPAM approves merger of NBCC and HSCC (India)
NBCC (India) announced that the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Govt. of India vide Office Memorandum (OM) dated 16 April 2026, has conveyed its ‘No...
India plans special NCLT bench for cross-border insolvency cases to speed up resolutions
India plans to set up a special bench of the National Company Law Tribunal (NCLT) with trained manpower to handle cross-border insolvency cases once the new bankruptcy rules are notified, to fast-track proceedings...
Mega deals less likely, but media M&A show to stay strong in 2026
Media and entertainment deal activity is set to remain strong in 2026, with transactions increasingly concentrated in content, gaming, sports and AI-first companies with strong intellectual property (IP), say top...
Rubicon Research gains as acquire 85% stake in Arinna Lifesciences for Rs 176 crore
Rubicon Research rose 1.02% to Rs 879 after it has announced the acquisition of an 85% equity stake in Arinna Lifesciences, a branded pharmaceutical marketing company focused on the CNS and neuro-psychiatric segment in...
Rubicon Research acquires 85% stake in Arinna Lifesciences
Rubicon Research announced the acquisition of an 85% equity ownership in Arinna Lifesciences (Arinna) from its current shareholders. With a portfolio of over 60 brands in chronic therapies, Arinna is one of the few...
Time Technoplast edges higher after inking MoU to acquire 76% stake in Systoverse
Time Technoplast added 3.59% to Rs 190.50 after the company said that it has entered a memorandum of understanding (MoU) with the promoters of Systoverse (SPL) for acquiring 76% stake in SPL on a net asset basis. The...
KKR-backed Baby Memorial to acquire 60% stake in Star Hospitals for ₹1,800 crore
KKR-backed Baby Memorial Hospital has agreed to buy a controlling stake in Hyderabad-based Star Hospitals for ₹1,800 crore, according to people familiar with the development. The deal pegs the value of Star Hospitals at...
