The Insolvency and Bankruptcy Board of India (IBBI) has introduced significant changes to the corporate insolvency framework by notifying the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for...
Corporate insolvency cases fall 28% to 724 in FY2025; recoveries still low: ICRA
Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA. As per the ICRA, only 724 companies were admitted...
CCI Approves Jumbotail’s Acquisition of Solv India; Multi-Party Equity Deal Cleared
The Competition Commission of India (CCI) has approved a complex, multi-layered proposed combination involving Jumbotail Technologies Pvt. Ltd. (JTPL), Standard Chartered-backed entities, and a network of investors and...
Merge ahead! Govt shifts gears to put fast-track M&As in the express lane
Budget 2025 had stated that requirements and procedures for speedy approval of company mergers would be rationalised. Scope of fast-track mergers (FTMs) will be widened and the process made simpler. As a follow-up to...
Dabur India Board Approves Amalgamation Of Sesa Care Into Company
Dabur India Ltd.’s board of directors approved the amalgamation of Sesa Care Pvt. into the firm, according to an exchange filing on Monday. This is subject to the approval of shareholders, creditors and regulatory...
SC orders status quo on Bhushan Power liquidation
NEW DELHI: The Supreme Court of India ordered status quo on liquidation proceedings of Bhushan Power and Steel Ltd (BPSL) pending the verification of the review petition to be filed by JSW Steel. The court asked JSW...
Sapphire Media Acquires BIG 92.7 FM, Strengthens Indian Media Market Grip
In a historic move that is a dramatic shift for India’s broadcast and media sector, Sapphire Media Limited has officially completed the acquisition of BIG 92.7 FM, an extensive and successful Indian radio network...
