India’s NCLT has admitted an insolvency petition against Prime Focus Ltd filed by Reliance Alpha Services Pvt Ltd over a disputed Rs 353.79 crore claim. Prime Focus has challenged the move by approaching the NCLAT, arguing against the petition. The company says its VFX and post production operations continue as usual while the legal battle plays out.
India’s information and broadcasting sector attracted sharply lower FDI inflows in Q3 of FY26, but the overall picture improved across the first nine months. Cumulative inflows rose meaningfully, supported by sizable investments in major companies such as Prime Focus, alongside multiple smaller deals that added up to the stronger mid-year total despite the late-quarter slowdown.
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