According to the RBI, a CIC is an NBFC in the business of acquisition of shares and securities and holds…
Under the current schedule, the timeline to file the final resolution plan before the NCLT ends on November 1.
“The third quarter (ending December) will be “slightly muted” due to the holidays both in India and globally, and furloughs…
The letter was sent to RCap’s insolvency administrator after its committee of creditors (CoC) approved a proposal by Aditya Birla…
The approvals were accorded following the CoC meeting held last week, sources close to the development said.
L&T Infotech Q2 profit rises 23% y-o-y to Rs 680 cr
The pricing continues to be stable with an upward bias, especially in deals that involve premium digital skills.
Earlier, Gujarat-based Torrent Group had partnered with Nippon Life Insurance to bid for RCap’s 51% stake in Reliance Nippon Life…
IiAS has asked shareholders to support two other motions — to appoint Bharat Ram and Neelam Chhiber as independent directors…
The resolution seeks approvals for merger between ZEEL, Bangla Entertainment Private Ltd (BEPL, a Sony Group company) and Culver Max…
The Singapore office, Ambani’s first family office outside the country, is expected to be up and running in 10-12 months.
FRL, which operates leased retail stores, had a pan-India presence in financial year 2020-21 with 1,308 stores in 397 cities…
The advisory firm also asked shareholders not to support two other resolutions — both appointments were of independent directors –…
In case the tribunal approves the request, this would be the third extension, as the deadline for the completion of…
If successful, the bid would mark the foray of the Gujarat-based Torrent Group — which has a presence in pharmaceuticals,…
As per industry estimates, the cement capacity in the country is expected to rise to 150–160 million tonne per annum…
In August, debt-laden RCap’s insolvency proceedings received six bids under Option-I, which was for the entire assets of the company.
The transaction involved the acquisition of Holcim’s stake in Ambuja and ACC along with an open offer in both the…
