In the e-auction conducted under the challenge mechanism, Torrent had presented a resolution plan for RCap with an NPV of…
Technology will be a key differentiator and the company should adopt tech-driven solutions to succeed, L&T CEO and MD SN…
Earlier in December, private lender IDBI Bank had filed an application seeking initiation of insolvency proceedings against ZEEL, claiming ₹149.60 crore…
The deal momentum is expected to soar further in 2023, in line with the country’s economic growth, even as the…
Krishnakumar was born in Thalassery, Kerala, and did his schooling from Madras Christian College Higher Secondary School, Chennai, and later…
The motions came up for voting at the company’s adjourned AGM held on Thursday.
Ambani said the integration of media and entertainment business with digital services will reinvent the industry.
Dhoot’ got his first break in the 1970s as a Bajaj Auto products distributor. In the 1980s, when the demand…
Talking about the Tata group, Chandrasekaran said the business momentum has been strong for many of the group companies.
Higher than Torrent’s Rs 8,640 cr in recent e-auction
These issues include a challenge by Doha Bank, which had accused the resolution professional of classifying indirect creditors as financial…
Hinduja only other participant in the e-auction
The exit of the consortium, which was the highest bidder for RCap as a core investment company (CIC), comes a…
According to Crisil Research, capex spends of the top 300 listed companies in the first half of fiscal 2023 accounted…
This is a deep concern to the relevant stakeholders of FRL, including the creditor banks, shareholders, vendors and the Indian…
All the changes to the auction come ahead of the January 31, 2023, deadline for completion of RCap’s bankruptcy process.
The debt addressed represents over 93% of the overall estimated resolution value of Rs 61,000 crore.
The acquisitions set to boost group’s presence across India
