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Top News In மாஂட் நான் துப்பினேன் Today - Breaking & Trending Today

Tata, Reliance, Adani! Big corporates in an aggressive acquisition spree


Tata, Reliance, Adani! Big corporates in an aggressive acquisition spree
Tata Sons has agreed to acquire control of India s largest online grocer BigBasket; Reliance Industries recently acquired additional equity stake in the US-based technology company skyTran Inc
Nevin John | March 15, 2021 | Updated 21:37 IST
Indian conglomerates are in a race to acquire assets for building comprehensive business ecosystem around each business that they are in. Tata Group, Reliance Industries (RIL), Aditya Birla, Adani, JSW and Vedanta are among those acquiring smaller companies, including start-ups, to fill gaps in their portfolios.
Tata Sons has agreed to acquire control of India s largest online grocer BigBasket, in a deal valued at more than $1 billion. Tata Digital, the newly floated subsidiary which is building Super App, looks to strengthen its e-tail portfolio through the acquisition. The salt-to-aviation conglomerate is also in talks with Just Dial, the 24-year old lo ....

West Bengal , Andhra Pradesh , Tarun Tahiliani , Aditya Birla , Monnet Ispat , Sajjan Jindal , Ajay Singh , Bharat Petroleum Company Limited , Reliance Strategic Business Ventures Limited , Tata Group , Alipurduar Transmission , Air India , Kalpataru Power Transmission Ltd , Tran Inc , Group For Rs , Krishnapatnam Port Co Ltd , Reliance Industries , Super App , Just Dial , Strategic Business Ventures Limited , Retail Ventures , Urban Ladder , Future Group , Birla Fashion , Special Economic Zone , Adani Transmission ,

5 of 12 large NPAs complete transfer of management control after RBI nudge


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Supreme Court Of India Endorses The Fresh Start On A Clean Slate Principle - Insolvency/Bankruptcy/Re-structuring


Satish Kumar Gupta and Others
(Essar Steel case) held
that allowing claims apart from those covered in a resolution plan
to survive after the approval of a resolution plan militates
against the rationale of Section 31 of the IBC. The Supreme Court
held that the successful resolution applicant should be given an
opportunity to take over and run the business of the corporate
debtor on a clean slate. Accordingly, a resolution applicant should
not be suddenly faced with undecided claims which would
throw into uncertainty the amounts payable by a resolution
applicant to take over the business of the corporate debtor. ....

Mahenderk Khandelwal , Satish Kumar Gupta , Monnet Ispat Energylimited , Manish Kumar , Union Of India , Essar Steel India , Exchange Board Of India , Alok Industries , Monnet Ispat Energy , Tech Mahindra , Tech Mahindra Limited In Satyam , Committee Of Creditors , Company Law Board , Bhushan Power , Delhi High Court , Union Of India Judgment , Supreme Court , Committee Of Creditors Essar Steel India , Computers Services , National Company Law Appellate , Tata Steel , Bhushan Steel , Bankruptcy Code , Adjudicating Authority , State Government , Essar Steel India Limited ,