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Stocks in news: Delta Corp, IRCTC, Polycab India, Shyam Metalics, M&MThe union government has nominated Sanjay Kumar Jain for additional charge as IRCTC CMD. Accordingly, Seema Kumar relinquished additional c...- Steel Strips Wheels to invest Rs 138 cr in AMW AutocomponentSteel Strips Wheels Ltd (SSWL) is set to invest Rs 138 crore in AMW Autocomponent Ltd as part of an insolvency resolution plan. The decisio...
- NCLT okays Steel Strips Wheels' acquisition of AMW Autocomponent"The resolution plan so approved shall be binding on the corporate debtor (AMW Autocomponent) and its employees, members, creditors, guaran...
- AMW Motors admitted for insolvency as Triton fails to implement revival plan“Triton Electric Vehicle has failed to fund and implement the resolution plan and has thus contravened the resolution plan,” the division b...
- Triton guarantee for AMW Motors encashed as it fails to payTriton had offered ₹210 crore in cash to creditors of AMW Motors at more-than-94% haircut to lenders that have admitted claims of ₹3,756 cr...
- Triton EV approaches Supreme Court to be able to bid for AMW subsidiaryOn September 1, 2020, the Ahmedabad bench of the National Company Law Tribunal (NCLT) admitted the company under the Corporate Insolvency R...
- AMW lenders okay IBC plan; Triton EV to take over Bankrupt AMW Trucks assetsLenders led by IDBI Bank and Indian Overseas Bank (IOB) approved Triton's plan by near absolute majority or 99.60% but with a deep haircut ...
- Whistle-blower levels fresh allegations of quid pro quo deals against ICICI's Chanda KochharIt is now being alleged that Ruias of Essar got undue favours from ICICI Bank for round-tripping investments into Deepak Kochhar's NuPower ...
- Whistleblower levels fresh allegations against KochharOn Mar '16, he had written letter to PM alleging dirty dealings between bank & Videocon Group.
- NuPower, Pinnacle Energy trust board member quitsNuPower Renewables is central to the quid pro quo allegations over loans given by ICICI Bank, which is headed by Kochhar’s wife Chanda Koch...
- Make in India: Gujarat emerges among preferred destinations for defence manufacturingThe Modi-led NDA government has granted a record 22 licences to Gujarat since it assumed office in May 2014. The number is the same as that...
- RMZ Corp-Essar Group’s Equinox Business Park deal may conclude before December-endThe proposed deal between RMZ Corp and Essar Group for the latter’s 1.2-mn sq ft Equinox Business Park is likely to be concluded before Dec...
- Essar in talks with RMZ to sell 50 per cent stake in Equinox Business ParkThe sovereign wealth fund is backing RMZ with an investment of Rs 1,000 crore in a platform specifically created to buy commercial assets.
- Auto component makers get together in GujaratGujarat has drawn investments from OEMs including Maruti Suzuki, Tata Motors, Ford, Honda, HMSI, GM, Atul Auto, Mahindra Gujarat Tractors a...
- AMW Motors launches new transit mixer rangeIndia's third largest heavy commercial vehicle manufacturer, AMW Motors Ltd (AMW) expanded its range of high performance transit mixers wit...
- AMW Motors ties up with IndusInd Bank for vehicle financeAMW Motors, India's third largest heavy commercial vehicle maker, today said it has tied up with IndusInd Bank for vehicle finance.
- AMW Motors ties up with IndusInd Bank for vehicle financeThe company expects that the agreement with IndusInd Bank will help its sales offices and dealerships to reach out to more truck operators ...
- IMME 2012 generates business worth a record Rs 300 croreSeveral major companies such as AMW, BKT, Apollo Tyres, TATA Hitachi, Sandvik Asia, etc., chose IMME 2012 to launch new products.
- 'Our aim is to progressively cover entire HCV market'Anirudh Bhuwalka, MD & CEO, AMW, shares his views on the impact of the economic slowdown on the heavy vehicles industry and talks about the...
- Central Bank, AMW in MoU for financing vehiclesCentral Bank of India has inked a memorandum of understanding (MoU) with commercial vehicles-maker Asia MotorWorks (AMW) for financing to A...
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