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SKS Power resolution faces roadblock as HC orders CBI probeTorrent Power and Sharda Energy and Power are the two entities in the fray to acquire the 600 MW power generation company. The committee of...- SKS Power Resolution faces roadblock as HC orders CBI probeIn an order dated March 19, the Allahabad High Court directed an investigation against SKS Power Generation (SKSPGL) and its affiliates for...
- Adani Group, Reliance Industries pull out of race to acquire SKS Power GenerationNagpur-based Sarda Energy & Minerals, Delhi-based Jindal Power, public-sector utility NTPC, Gujarat-based Torrent Power, and Singapore-base...
- RIL, NTPC, Torrent and Vantage seen leading race for SKS PowerIndicative bids from Nagpur-based Sarda Energy & Minerals, Delhi-based Jindal Power and the Adani Group are much lower and these bidders ar...
- Bidders set up close fight for SKS Power; financial creditors could make a full recovery"All bidders that had submitted bids early this month are very close, which means a recovery of over 75% is almost guaranteed. To break the...
- RIL, Adani Group, NTPC among 7 bidders for SKS PowerThe Chhattisgarh-based power company owes Rs 1,890 crore to two lenders, Bank of Baroda and State Bank of India. “We have received bids and...
- SKS Power lenders extend due diligence deadlineCreditors met earlier this week and decided to extend the deadline by a couple of weeks. The last date was previously Friday (November 25).
- Adani, world’s third-richest person, considering opening family office in Dubai or New YorkThe chairman of the ports-to-power Adani Group conglomerate is looking at Dubai or New York as the base for the office, which will invest t...
- SKS Power's lenders extend due diligence deadlineMore than a dozen bidders including large Indian conglomerates such as Reliance Industries, Adani Power, power sector companies Torrent Pow...
- Gautam Adani plans $5.2 billion alumina mill in growing metal ambitionsBillionaire Adani had set up a wholly owned subsidiary -- Mundra Aluminium Ltd. -- in December, signaling his aspirations in a sector that ...
- RIL, Adani, NTPC among bidders for SKS powerAdani Power and the state-run NTPC are among the nearly two-dozen bidders interested in buying the bankrupt SKS Power Generation located in...
- SKS Power's dormant plant restarts operations under NTPCThe plant stopped production earlier this year after Hong Kong listed owner Agritrade Resources failed to keep the plant running due to fin...
- PFC, REC may bid for stressed assetsAnother official said the companies are considering partnering with other central power sector entities for technical know-how to run the a...
- NTPC outbids Adani for Avantha’s MP plantNTPC’s offer is the highest on a per-megawatt basis so far to buy out a stressed asset in the power sector.
- Adani, NTPC in fray to acquire Avantha’s stressed power plantThis is the first time NTPC, the country’s largest power producer, has bid for any stressed project, while Gautam Adani-led Adani Power is ...
- India Inc's Jan-Nov M&A deal tally at $82 billion: ReportIn November 2017, there were 39 deals worth USD 3.2 billion.
- Panel on doubling farmers' income to submit final report next monthThe Dalwai Committee, set up in April 2016, has already written 14 volumes identifying ways to double farmers' 2015-16 income level, in rea...
- Conditional cash transfers to hand out food, fertiliser subsidies will rein in twin deficitsConditional cash transfers to hand out food and fertiliser subsidies will rein in the twin deficits and spur growth.
- Farm trade paints an optimistic picture of the economyIt is time to take a long-term view that can provide stability in trade policy and send signals for conservation of scare resources of wate...
- AEZs for food security & exportsThe scheme for AEZs doesn’t seem to have yielded the desired results. These zones hardly helped in creating new irrigation & supply chain i...
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