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Govt begins process for inviting financial bids for Air India sale, deal to conclude by Sep - Vimarsana News

Govt begins process for inviting financial bids for Air India sale, deal to conclude by Sep

Source: Highlights Salt-to-software conglomerate Tata Group was among the "multiple" entities that had put in preliminary bids for buying loss-making Air India in December last year. The transaction has now moved to the financial bids stage, the sources said, adding that the deal is expected to conclude by September. The government is selling its entire 100 percent stake in Air India that has been in losses ever since its merger with domestic operator Indian Airlines in 2007. The government has initiated the process for inviting financial bids for the sale of national carrier Air India and th...

Source: india.com
PHA maker Bio-On's assets up for auction - Vimarsana News

PHA maker Bio-On's assets up for auction

PHA maker Bio-On's assets up for auction Bio-On SpA All of the assets of PHA maker Bio-On SpA, including its factory in Bologna, Italy, are up for sale through an auction. Bio-On SpA, the Italian maker of polyhydroxyalkanoate (PHA) biopolymers that made headlines in July 2019 when it was accused of being "a house of cards" by U.S. hedge fund Quintessential Capital Management, is for sale. Bio-On declared bankruptcy at the end of 2019. A court in Bologna recently announced that the liquidation has been approved and that the company's assets are to be put up for auction at a public sale on May ...

COVID-19 Impact Analysis on Gluten Free Products Market Size & Share Report, 2020-2030 – KSU - Vimarsana News

COVID-19 Impact Analysis on Gluten Free Products Market Size & Share Report, 2020-2030 – KSU

fposFebruary 2, 2021 Product overview Gluten is a mixture of different protein types found in wheat, barley, and rye. This is the only protein that is completely indigestible and can cause intestinal inflammation. Gluten-free foods are generally prescribed for individuals with celiac disease and who are intolerant to gluten. The free market of gluten products excludes protein gluten in grains like rye, barley, wheat, and triticale. It is used in the preparation of many items such as pasta, pizza, chocolates, and croissants in the food & beverage industries. These gluten-free products are...

Centre to miss the deadline as Air India privatisation to spill into next fiscal - Vimarsana News

Centre to miss the deadline as Air India privatisation to spill into next fiscal

Due to app glitch 42 food delivery riders arrive with same order at same home India's national carrier, Air India is likely to miss its deadline for this financial year for its privatisation as the process is expected to take more than estimated time by the government. Last week, the preliminary bid of the 'Maharajah' witnessed major players including salt-to-software conglomerate Tata Group and US-based fund Interups Inc participating.  By January 6, the Transaction Advisor will notify the eligible bidders who will be given access to Air India's Virtual Data Room (VDR), an official said. Th...