The completion of this equity infusion will fund TPREL’s aggressive growth plans. Over the next five years, it aims to…
Vedanta, the subsidiary of Vedanta Resources, does not have any pledge except 6.8% of Hindustan Zinc’s (HZL) shares.
In its request to the administrator, RGICL had stated that this capital was required to pursue growth like most of…
HZL’s consolidated gross investments and cash and cash equivalents stand at Rs 16,482 crore as in December 2022.
Through its energy transition arm EET, the group plans to raise $2.4 billion across its site at Stanlow, between Liverpool…
The stay ordered by the National Company Law Appellate Tribunal (NCLAT) on initiation of insolvency proceedings against Zee Entertainment Enterprises…
The CoC had voted “unanimously” for an extended challenge mechanism as the outcome of the first challenge mechanism was “suboptimal…
On January 24, US-based Hindenberg Research released a report outlining numerous issues of suspected fraud at Adani Group.
On Thursday, in an attempt to save the earlier proposed merger with Culver Max Entertainment (CME), Goenka had moved NCLAT…
The statement further added that Goenka firmly believes in the potential of the merger to deliver immense value to all…
Reliance General Insurance Company Ltd (RGICL)reiterated its demand for the capital infusion from Reliance Capital(RCap) to improve its solvency level.
The bankruptcy court admitted a petition filed earlier by IndusInd Bank, which had moved the court seeking a payment of…
The operating margins, which were under pressure due to elevated prices of key inputs such as coal and petcoke, will…
The company had planned to build a 2-million-tonne-per-annum coal-to-PVC plant in Mundra, Gujarat, with an investment of $4 billion.
“This is because worldwide the public sector has failed, and I am a strong proponent that the government should not…
The plea was filed by by Vistra ITCL (India), which challenged an earlier National Company Law Tribunal (NCLT) order that…
Appearing on behalf of the CoC, senior advocate Kapil Sibal argued that the lenders should conduct biddings till they are…
According to Rajiv Chandak, partner at Deloitte India, “Value maximisation in a time-bound manner is core principle of the IBC…
