Binani Cement
Finance
SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms
The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to bar ......
Infrastructure
UltraTech forms joint venture with PE-backed firm to boost solar energy capacity
UltraTech Cement Ltd has set up a joint venture with a renewable energy company to expand its solar power generation ......
General
Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off
Indian banks are grappling with nearly $150 billion in bad loans and the National Company Law Tribunal (NCLT) has admitted ......
General
Stressed assets: UltraTech revises bid for Binani Cement; Videocon faces insolvency
As Indian banks grapple with stressed assets worth nearly $150 billion, various branches of the National Company Law Tribunal (NCLT) ......
Infrastructure
Binani Cement deal: SC won't intervene 'for now' in Dalmia-UltraTech tussle
The Supreme Court on Thursday set aside a civil appeal by conglomerate Dalmia Bharat Ltd which had sought a stay ......
Infrastructure
Dalmia Bharat says Binani Inds, UltraTech acting together for Binani Cement deal
Conglomerate Dalmia Bharat, with presence in cement, on Tuesday wrote to the bankruptcy resolution professional (RP) and committee of creditors ......
Manufacturing
NCLT orders Binani Cement's creditors to evaluate UltraTech bid
In the latest twist to Binani Cement Ltd’s takeover proceedings, the Kolkata bench of the National Company Law Tribunal (NCLT) ......
Infrastructure
NCLT reserves order in Binani Cement insolvency case
The Kolkata bench of the National Company Law Tribunal (NCLT) on Tuesday reserved its order in the case of Binani ......
General
UltraTech ups offer for Binani Cement; ICICI Lombard leads race for Star Health
UltraTech Cement has increased its offer to acquire debt-laden Binani Cement to Rs 7,990 crore from the earlier Rs 7,266 ......
General
ICICI Venture eyes 15% in Porus Labs; Binani Cement seeks end to IBC process
ICICI Venture, the private equity arm of India’s largest private-sector lender ICICI Bank Ltd, may buy a 15% stake in ......