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Headlines

Tuesday, September 16 2025

Citgo Parent Auction Nears Final Stages as Sale Hearing Kicks Off

A long-awaited sale hearing expected to complete a U.S. court-organized auction of shares in the parent of Venezuela-owned U.S. refiner Citgo Petroleum is set to begin on Monday, with bidders and creditors locked in a bitter…

Tuesday, September 16 2025

NCLAT Upholds Order Recalling Insolvency Case Against Logix Infra

Appellate tribunal NCLAT has upheld the decision of the National Company Law Tribunal (NCLT) to recall a previous ruling for an insolvency case against real estate firm Logix Infrastructure after finding the debt claim as "…

Tuesday, September 16 2025

Vedanta Seeks CCI Nod to Acquire Debt-Laden Jaiprakash Associates

Mining giant Vedanta has sought the Competition Commission of India’s approval for its proposal to acquire 100% in stressed infrastructure firm Jaiprakash Associates (JAL), the Economic Times of India reported. Vedanta has…