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NARCL highest bidder for stressed Srei entities

Finance

04 January, 2023

NARCL highest bidder for stressed Srei entities

The government-backed National Asset Reconstruction Company Ltd has taken lead in taking over two stressed entities of the Srei group ......

Bankrupt realty firm Jaypee Infratech's lenders to vote on winner next week

Infrastructure

11 June, 2021

Bankrupt realty firm Jaypee Infratech's lenders to vote on winner next week

Lenders of bankrupt real estate developer Jaypee Infratech on Thursday decided to vote on the winning resolution plan next week. The ......

ArcelorMittal gets creditors' nod for distressed Uttam Galva Steel

Manufacturing

04 June, 2021

ArcelorMittal gets creditors' nod for distressed Uttam Galva Steel

ArcelorMittal, one of the world’s largest steelmakers, resolution plan has received approval from the creditors of Uttam Galva Steels Ltd ......

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The Chatterjee Group gets closer to weaving a revival for once-iconic textile firm

Manufacturing

24 September, 2020

The Chatterjee Group gets closer to weaving a revival for once-iconic textile firm

A chemicals manufacturer that’s part of The Chatterjee Group (TCG) has got a nod from the committee of creditors (CoC) ......

Dalmia Bharat says Binani Inds, UltraTech acting together for Binani Cement deal

Infrastructure

09 May, 2018

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 ......