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Private ARCs want bite of NCLT pie

Private ARCs want bite of NCLT pie

Jul 13 2018

ARC association seeks provision in IBC to prevent liquidation; they want to intervene to save companies from forced liquidation.

NATIONAL AMC SET UP to take place soon

NATIONAL AMC SET UP to take place soon

Jul 13 2018

Inter-creditor agreement signing in process and more recoveries expected from NCLT accounts in Q2.

Ingen Cap's Rs 10,000 Cr bid approved by Orchid Pharma CoC

Ingen Cap's Rs 10,000 Cr bid approved by Orchid Pharma CoC

Jul 13 2018

The creditors have approved the resolution plan submitted by Ingen Capital who are offering 10% equity apart from the Rs 10,000 Cr bid amount. This offer is slightly better than the liquidation value of the company.

IHH Healthcare bags fortis with Rs 4000 Cr bid

IHH Healthcare bags fortis with Rs 4000 Cr bid

Jul 13 2018

Ravi Rajagopal, Chairman, Fortis Health says that he is glad that they had two committed bidders in the bidding process and says the open offer will come after preferential allotment.

Ruchi Soya: Baba Ramdev’s Patanjali has dug in its heels, refused to up bid

Ruchi Soya: Baba Ramdev’s Patanjali has dug in its heels, refused to up bid

Jul 12 2018

Patanjali Ayurved has raised questions of conflict of interest, they want RP to clarify if Adani Wilmar bid compliant u/s 29(A) of IBC.

RIL-JM Financial ARC set to bag Alok Industries

RIL-JM Financial ARC set to bag Alok Industries

Jul 12 2018

Our reporter Chetan Bhutani says the last procedure that was due in RIL bagging Alok Industries has been completed.

Biggest Intraday Gain Since 27th Feb, 17

Biggest Intraday Gain Since 27th Feb, 17

Jul 12 2018

With integration of Jio and retail, new e -commerce business can be expected to shape up as RIL hits back in $100 bn market capitalisation.

Binani Cement Resolution, A Test Case For NCLT Process

Binani Cement Resolution, A Test Case For NCLT Process

Jul 11 2018

Battle stretches between Binani Ind-Ultratech & Dalmia Bharat and Dalmia Bharat had first emerged as the H1 bidder.

TCS Q1 beats the streets

TCS Q1 beats the streets

Jul 10 2018

TCS CEO says Digital demand has accelerated and the BFSI vertical has recovered well.

Indian Markets

 
  • SENSEX

    36,323.77 217.86   (-0.60 %)
  • NIFTY

    10,936.85 82.05   (-0.74 %)
sensex-box-shadowimg

Global Markets

 

Stocks In News

 

COFFEE DAY

ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh

VAKRANGEE

In pact with Reliance Nippon to sell Mutual Fund products

Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis

TATA STEEL

Plans to sell part of se Asia biz as part of strategy to exit non scalable biz

To sell Singapore & Thailand units valuing them at $ 500Mn

Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA

To turn focus to domestic market

ET REPORTS

IDFC

Avendus cap-KKR emerge as frontrunner to acquire IDFC MF

Offer of Rs 3,000-4,000 Cr made by FIN services firm

ET REPORTS

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