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India Inc continues fragile recovery in Jan-Mar but resurgent virus may torpedo gains

Finance

05 May, 2021

India Inc continues fragile recovery in Jan-Mar but resurgent virus may torpedo gains

A sliding economy was already taking a toll on India Inc and then the first wave of the pandemic came ......

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

General

09 December, 2019

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......

Stressed assets: Jyoti Structures insolvency on hold; ray of hope for Alok Industries

General

22 June, 2018

Stressed assets: Jyoti Structures insolvency on hold; ray of hope for Alok Industries

As Indian banks grapple with nearly $150 billion in bad loans, various branches of the National Company Law Tribunal (NCLT) ......

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

General

15 June, 2018

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

Indian banks are grappling with nearly $150 billion in bad loans and the various branches of the National Company Law ......

UltraTech ups offer for Binani Cement; ICICI Lombard leads race for Star Health

General

16 April, 2018

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 ......

Reliance Industries, JM Financial ARC bid jointly for Alok Industries

Consumer

12 April, 2018

Reliance Industries, JM Financial ARC bid jointly for Alok Industries

Reliance Industries Ltd said on Thursday it has submitted a joint bid, along with JM Financial Asset Reconstruction Co. Ltd, ......

Jyoti Structures may be liquidated; RIL-JM Financial ARC eye Alok Industries

General

29 March, 2018

Jyoti Structures may be liquidated; RIL-JM Financial ARC eye Alok Industries

Debt-laden Jyoti Structures Ltd, which owes Rs 7,000 crore to its lenders, may opt for liquidation, a financial daily reported.The ......

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

General

14 March, 2018

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

US-based retailer Walmart Inc. is in advanced discussions to acquire a large stake in e-commerce company Flipkart, The Economic Times ......

ReNew Power eyes Waaree's solar assets; Anand Mahindra buys into Bayside Sports

General

27 December, 2017

ReNew Power eyes Waaree's solar assets; Anand Mahindra buys into Bayside Sports

Goldman Sachs-backed ReNew Power Ventures Pvt. Ltd is looking to acquire the solar power assets of Mumbai-based Waaree Energies Ltd, ......