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Singapore-based TIGA Investments gets CCI clearance to acquire a stake in Dream11's parent company Dream Sports Inc. The deal was cleared under the green channel route.

TIGA Investments has received CCI clearance to acquire a stake in Dream11's parent company Dream Sports Inc. The deal was cleared under the green channel route, indicating no competition concerns.

The NCLAT has directed the interim resolution professional of Dream11 to maintain the company as a going concern and not take any steps towards insolvency.

NCLAT stays NCLT order to initiate CIRP against Dream11, directing IRP not to take any steps till Feb 23. The order came over an urgent petition by Dream11 co-founder.