Weaver Services Private Limited acquired 75.01% of Centrum Housing Finance from Centrum Capital and other shareholders. Khaitan & Co advised Weavers on this deal and on agreements with Morgan Stanley Private Equity Asia to purchase the remaining 24.99% stake in total.
The Supreme Court denied pleas from Vodafone Idea, Bharti Airtel, and Tata Teleservices for a waiver of Adjusted Gross Revenue dues. Vodafone Idea faces severe financial pressure, warning it may cease operations by FY26 without government aid. Airtel sought relief from interest and penalties, emphasizing the ruling’s financial burden on the telecom sector.
