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Headlines

Wednesday, July 30 2025

NCLT Ahmedabad Bench Admits Insolvency Oetitions Against Blusmart Mobility

The Ahmedabad bench of the National Company Law Tribunal has admitted a petition seeking to initiate bankruptcy proceedings against ride hailing startup BluSmart Mobility, the Economic Times of India reported. BluSmart Mobility…

Wednesday, July 30 2025

U.S. Battery Startup Lyten Secures $200 Million to Fund Northvolt Asset Deal

California-based battery startup Lyten has raised $200 million from existing investors to acquire assets from the bankrupt Swedish manufacturer Northvolt AB, TechinAsia.com reported. This funding will facilitate the restart of…

Wednesday, July 30 2025

Intrum Appoints New CEO Amid Recapitalization and Bankruptcy Exit

Intrum AB, a Swedish debt collector, has announced the immediate departure of CEO Andres Rubio following the company's recapitalization and exit from U.S. chapter 11 bankruptcy proceedings, AIInvest.com reported. Rubio will be…