Over-valued offer, lock-in regulation likely reason
The talks were initiated after RCap’s administrator invited bids for the 51% stake in RNLIC.
In October, Asian Paints earmarked a capex of about Rs 6,750 crore over the next three years, including Rs 3,400…
Challenges regulator’s order barring access to capital markets
While it is not mandatory to report disclosures under listing regulations at present, it is slated to become compulsory from…
Reliance Projects had emerged as the winning bidder for RITL, the holding company of debt-laden Reliance Communications’ tower and fibre…
“The bidders are in complete darkness on how this process will work,” a source close to the development said, adding…
The bidders have also moved the administrator of the process stating there were no such clauses in earlier resolutions conducted…
One of the major issues that the lenders want to be immediately resolved is the legal battle between the administrator…
On the green hydrogen front, the company is working with the government and technology suppliers, but it would be sometime…
Last week, Tata Trusts had appointed Mehli Mistry as trustee of Sir Dorabji Tata Trust and Sir Ratan Tata Trust.
Under the new clause, the lenders can challenge any resolution plan as and when they want.
The fall in demand is generally about 15-20% in Q2, but this time it was “much higher”, another sectoral expert…
The firms that have already announced their intentions in green hydrogen include Larsen & Toubro (L&T), Reliance Industries (RIL), GAIL,…
On the global front, supplies are getting adjusted with production already lower by 68 million tonne, and steel prices may…
This is a 20-day extension to the current deadline of October 31.
At present, JSW One Platforms’ micro, small and medium enterprises (MSME) business has a presence in Tamil Nadu, Karnataka, Telangana,…
“We are very happy with Carlyle and we are not looking for another large PE at the moment,” she said,…
