In August last year, in an attempt to strengthen media foray, Adani Group had made a bid to acquire a…
The lenders, who need the National Company Law Tribunal’s (NCLT) approval for the extension, intend to file an application before…
Following the January 4 letter, Torrent submitted a renewed bid on January 6, he said, adding Hindujas in its revised…
This would be driven by sectors such as pharmaceuticals, healthcare, real estate and consumer segments.
SWC is a connected intelligence solution provider with presence in communications, safe and smart solutions and cybersecurity.
The group also termed it as against the laws of the bankruptcy process and also in violation of the recent…
The CoC also mandates that the bidders pay a minimum upfront cash payment of about ₹8,000 crore.
LIC’s debt in RCap stands at ₹3,400 crore, while that of the EPFO is ₹2,500 crore. Both the firms had…
NCLT refuses to hear Torrent Group’s plea to halt voting process.
According to the CoC, RCap’s liquidation value was pegged at about Rs 13,000 crore and fair value was at Rs…
At present, Asian Paints has a total production capacity of 1,700 Million Litre Per Annum (MLPA).
The move is likely to further delay the insolvency proceedings of the former Anil Ambani group company. January 31 is…
Calls challenge mechanism process ‘unfair’
The order book expanded about 14% on-year in FY22 and by 9% in the first half of this fiscal to…
In case of companies owning coal mines abroad, the mining profit would be set off to the extent of the…
Torrent had opposed Hinduja’s revised offer
Torrent also wants the CoC to allow it to raise finances against RCap’s assets for deferred financing.
By 2025, most applications will be built on cloud and in some cases, it would provide 10 times value and…
