Stay updated with breaking news from Pulkit Gupta. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
AM Mining India, a joint venture between ArcelorMittal and Nippon Steel, Oaktree Capital-backed India Opportunities XII Investments, and Nirma group-backed Nuvoco Vistas Corporation submitted expressions of interest (EoIs). Naveen Jindal group company called Jindal Panther Cement, and PN Group-promoted CN Infrabuild also gave separate EoIs.
AM Mining India, a joint venture between ArcelorMittal and Nippon Steel, Oaktree Capital-backed India Opportunities XII Investments, and Nirma group-backed Nuvoco Vistas Corporation submitted expressions of interest (EoIs).
The Supreme Court has observed that mere failure to get a transferred vehicle registered in the name of the new owner will not mean that the sale/gift transaction will get invalidated. The Court made...
Vadraj Cement, previously known as ABG Cement, has been shifted from the Bombay High Court to the National Company Law Tribunal (NCLT) for debt resolution. The NCLT order allows lenders to potentially recover more than half of their dues. Adani Group, UltraTech Cement, and JSW Cement may bid to acquire the debt-laden company.
Adani Power and Jindal Power are reportedly among the companies expected to express interest in the acquisition of Hiranmaye Energy, a thermal power company that recently entered corporate insolvency. Sources familiar with the matter have indicated that Hiranmaye Energy, formerly known as India Power Corp (Haldia), underwent corporate insolvency proceedings earlier this month following a petition filed by REC.