The National Company Law Appellate Tribunal (NCLAT) has cleared Vedanta’s plan to restructure its power and metal businesses by overturning an order of the National Company Law Tribunal (NCLT) Mumbai bench that had...
India’s CCI clears major merger in paints and coating industry – JSW Paints | Akzo Nobel India
India’s Competition Commission(CCI) has cleared JSW Paints Ltd.’s plan to acquire as much as 75% of Akzo Nobel India Ltd., a deal that would reshape the South Asian nation’s paints and coatings market. According to a...
CCI okays PNC Infratech’s proposal to acquire debt-ridden Jaiprakash Associates
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...
Key Highlights of the Companies (CAA) Amendment Rules, 2025
MCA expand fast-track merger eligibility and introduce new compliance forms and procedures for smoother regulatory approvals under Companies Act 2013. On 4-9-2025, the Ministry of Corporate Affairs (‘MCA’) notified the...
Supreme Court of India calls speculative investors ‘slow poison’ for real estate, seeks safeguards for homebuyers | Hindustan Times
In a landmark ruling with wide-ranging implications for the real estate sector, the Supreme Court of India has drawn a clear distinction between speculative investors, whom it described as ‘slow poison’, and genuine...
Precision Camshafts to Dispose 100% Stake in Material Subsidiary
Precision Camshafts Limited has announced its decision to dispose of 100% shareholding in its material subsidiary by initiating insolvency proceedings. This move was decided during a board meeting held on September 8...
JK Cement Acquires 60 Per Cent Stake in Saifco Cements for Rs 1.5 Bn
JK Cement , JK Cement Saifco Acquisition: JK Cement has completed the acquisition of a majority 60 per cent stake in Jammu & Kashmir-based Saifco Cements for Rs 150 crore. Following this, Saifco Cements has become a...
L&T Finance completes acquisition of Paul Merchants Finance’s gold loan business
L&T Finance Ltd. (LTF), on Monday, announced the completion of transfer of gold loan business of Paul Merchants Finance Private Ltd. (PMFL), a wholly owned subsidiary of Paul Merchants Ltd., to LTF. LTF is one of...
Mumbai NCLT allows 90-day extension of insolvency resolution for Lavasa Corp
The Mumbai bench of National Company Law Tribunal (NCLT) has allowed a 90-day extension in the ongoing consolidated corporate insolvency resolution process (CIRP) of Lavasa Corp beginning May 29. The planned city...
‘Smaaash is coming back’: Nazara Technologies acquires Smaaash Entertainment for Rs 126 crore
Gaming conglomerate, Nazara Technologies, has completed the acquisition of Smaaash Entertainment for a total of Rs 126 crore making the insolvency ridden sports entertainment entity as a wholly owned subsidiary of...
NCLAT upholds insolvency proceedings against Jaypee Cement Corporation
In a decisive move earlier this week, the National Company Law Appellate Tribunal (NCLAT) upheld the initiation of insolvency proceedings against Jaypee Cement Corporation Ltd (JCCL), rejecting an appeal filed by Alok...
ITC bets on buyouts to grow food business
After the recent acquisitions of Yoga Bar and 24 Mantra Organic, ITC Foods is sharpening its focus on strategic takeovers to accelerate growth, gain rapid entry into high-potential categories, and align with consumer...
