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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 ......

NCLT orders Binani Cement's creditors to evaluate UltraTech bid

Manufacturing

02 May, 2018

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) ......

NCLT reserves order in Binani Cement insolvency case

Infrastructure

24 April, 2018

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 ......

RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Manufacturing

16 April, 2018

RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Alok Industries Ltd, which is undergoing insolvency proceedings, said on Monday a committee of its creditors hasn't approved any resolution ......

ICICI Venture eyes 15% in Porus Labs; Binani Cement seeks end to IBC process

General

06 April, 2018

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 ......

UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts

Manufacturing

28 March, 2018

UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts

UltraTech Cement Ltd on Wednesday said that it has obtained the Competition Commission of India's approval for its $1.1 billion ......

Bankrupt Murli Industries' creditors approve acquisition plan by Dalmia Bharat

Manufacturing

21 December, 2017

Bankrupt Murli Industries' creditors approve acquisition plan by Dalmia Bharat

The plan submitted by Dalmia Bharat Ltd for acquiring debt-laden Murli Industries Ltd has been approved by Murli’s creditors.Murli Industries ......

HNIs led by Netmagic's Sanghi eye Jyoti Structures; Anicut backs Bira 91

General

15 December, 2017

HNIs led by Netmagic's Sanghi eye Jyoti Structures; Anicut backs Bira 91

Sharad Sanghi, the founder of Netmagic, has joined hands with a group of ultra-high-net-worth individuals to become the sole bidders ......

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Former disputes partner at Khaitan Legal forms litigation advisory firm

People

28 November, 2017

Former disputes partner at Khaitan Legal forms litigation advisory firm

The former partner of dispute resolution at law firm Khaitan Legal Associates has set up his own boutique law firm, ......

China Development Bank drags RCom to bankruptcy court

TMT

27 November, 2017

China Development Bank drags RCom to bankruptcy court

Barely a month after debt-laden Reliance Communications Ltd scrapped its merger with rival Aircel, China Development Bank (CDB), one of ......