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The management is in $ 600 million debt, and claims that resolution process is on the way and Lavasa's battle for survival will see light of the day.
Have 26 plants across India, present in all auto hub and we have lot of marquee investors like Capital World, Nomura, Axis & SBI, says Tarang Jain, MD, Varroc Engineering.
ED stares at massive difference in recovery of dues as earlier pegged value of attached gems & jewels of Nirav & Choksi at Rs 8000 Cr, valuation exercise reveals only at Rs 5000 Cr.
States are free to fix their own state advised price and sugar mills can offer any price above the FRP.
Bank consortium led by SBI lost Rs 3,000 Crore in loans to Shree Ganesh; same case, same story but the kingpin has disappeared, says Shantanu Guha Ray.
Many PSBs unlikely to maintain capital conservation buffer says Anil Gupta, VP, ICRA.
Arcelor Mittal, NuMetal have moved NCLAT against Essar Steel RP on eligibility. The court has not provided any verdict on the case.
Adhunik Metaliks has found a conclusion to the resolution process with Liberty house. Liberty House's bid amount was approximately Rs 500 Cr.
From the farmer’s point of view it is a welcome move as Rs 34,000 crore Karntaka farm loan waiver is announced, says Mahabaleshwara MS, MD & Chief Executive Officer, Karnataka Bank.
ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh
In pact with Reliance Nippon to sell Mutual Fund products
Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis
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
Avendus cap-KKR emerge as frontrunner to acquire IDFC MF
Offer of Rs 3,000-4,000 Cr made by FIN services firm