MAM
Sab Events enters pre-packaged insolvency process
MUMBAI: Sab Events & Governance Now Media Limited, the publisher behind Governance Now magazine, has been pushed into a pre-packaged insolvency resolution process after the National Company Law Tribunal’s Mumbai bench ordered commencement of proceedings on 11 November.
The tribunal appointed Kedar Parshuram Mulye as resolution professional to oversee the process, according to a public announcement issued on Tuesday. The company, incorporated in March 2014, operates from Adhikari Chambers in Mumbai’s Andheri West.
Pre-packaged insolvency—a faster alternative to traditional corporate insolvency—allows distressed companies to negotiate a resolution plan with creditors before approaching the tribunal. The process typically takes 120 days, compared with the drawn-out timelines of conventional insolvency proceedings.
Mulye, whose registration expires in June 2026, will make a list of creditor claims available from 22 November on the Insolvency and Bankruptcy Board of India’s website and at the company’s registered office. Creditors can submit their claims and grievances to the resolution professional’s office in Goregaon East.
The company informed stock exchanges BSE and National Stock Exchange of the development, where its shares trade under the symbol SABEVENTS. The firm is registered with the Registrar of Companies in Mumbai with corporate identification number L22222MH2014PLC254848.
The move marks another chapter in India’s evolving insolvency landscape, where pre-packaged resolutions have gained traction as a tool for swifter corporate turnarounds. For SAB Events, the clock is now ticking to forge a viable path forward—or face liquidation.
Brands
Tata Communications named Gartner WAN Leader for 13th consecutive year
AI-driven network upgrades and global expansion keep telecom major ahead
MUMBAI: Tata Communications has once again secured its place among the top global network providers, earning a Leader position in the Gartner Magic Quadrant for Global WAN Services 2026 for the thirteenth year running.
The recognition from Gartner highlights the company’s consistent performance in both strategic vision and execution, a rare feat in a fast-evolving connectivity landscape.
Over the past year, Tata Communications has doubled down on building what it calls a more intelligent and flexible network fabric. In simpler terms, this means networks that can adapt on demand, powered by artificial intelligence and analytics, to support businesses operating across geographies and industries.
The company has expanded its network-on-demand offerings, allowing enterprises to scale connectivity more easily across data centres and multiple cloud environments. It has also invested in next-generation fibre infrastructure and high-capacity 800G wavelength services to keep pace with the growing demands of AI-led cloud ecosystems.
Global reach remains a key focus. Tata Communications has extended its footprint through partner points of presence, enabling quicker deployment in new markets while strengthening last-mile connectivity through local collaborations.
Security, too, is getting a significant upgrade. The company has enhanced its Secure Access Service Edge capabilities to tackle emerging AI-driven cyber risks, including unauthorised data transfers. Looking ahead, it is also preparing to roll out quantum-safe encryption services based on post-quantum cryptography standards, aiming to future-proof enterprise data against both classical and next-generation threats.
Speaking on the milestone, Tata Communications executive vice president, core and next-gen connectivity services and chief technology officer Genius Wong said, “We are honoured to be recognised for the 13th consecutive year and deeply appreciate the continued trust our customers place in us. At Tata Communications, we will continue to transform our solutions so enterprises can build resilient, high-performance and intelligent digital foundations. With our future-ready, resilient and intelligent network fabric, enterprises can scale with confidence and thrive in an AI-powered future world.”
While industry rankings often come and go, a 13-year streak suggests more than just consistency. For Tata Communications, it signals a steady grip on a rapidly shifting global connectivity market and a clear ambition to stay ahead of the curve.
