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Bankruptcy court allows 90 days extension to revive Lavasa CorporationA bankruptcy court in Mumbai has granted a 90-day extension for Lavasa Corporation's revival process. The company is undergoing a fresh ins...- Bankruptcy court directs to restart Lavasa insolvency process, excludes delayed timelineThe Mumbai bench of the National Company Law Tribunal has allowed secured creditors to restart the Corporate Insolvency Resolution Process ...
- Bankruptcy court approves Darwin Platform's resolution plan for Lavasa CorporationThe Mumbai bench of the National Company Law Tribunal (NCLT) Friday approved a revised and improved resolution plan submitted by Darwin Pla...
- NCLT directs Lavasa lenders to distribute sale proceeds equitablyWhile passing the order, an NCLT division bench comprising Justice Shyam Babu Gautam and P N Deshmukh relied on the Supreme Court’s order o...
- NCLT dismisses homebuyers' petition to reject Lavasa insolvency resolution planThe homebuyers, in their petition, had sought the tribunal's intervention to declare the resolution plan submitted by Darwin Platform Infra...
- Two new bidders for LavasaTwo bids from Alchemist ARC president Srishti Dhir along with her brother Madhav Dhir and little known Darwin Projects are being considered...
- PE firm Xander Group to exit HCC’s concession arm“There will be no outstanding disputes or claims relating to these SPVs. However, HCC still has Rs 3,140 crore in pending arbitration award...
- Bankers to make last-ditch attempt to get more cash from Lavasa's biddersThree bids were received for the stuck project until the deadline of November 20 including one from a Pune-based realty developer Anirudh D...
- Committee of Creditors to mull, finalize Lavasa takeover bids on MondayLast year a consortium led by Haldiram Snacks and two property developers, namely Pioneer Facor IT Infradevelopers and Sanar Property had e...
- HCC in pact with BlackRock to raise Rs 1,750 crore via monetisation of claimsThe proceeds of Rs 1,750 crore will be used by HCC for debt reduction.
- HCC net profit declines Rs 8 crore in April-June quarterAjit Gulabchand-led HCC reported a decline in net profit to Rs 8 crore in the first quarter of 2015-16 from Rs 27.1 crore a year ago, the c...
- Twelve stocks in focus in Friday morning tradeIndian markets are expected to trade higher. Here is a list of twelve stocks which are likely to be in focus today.
- HCC reports Rs 27 crore profit in Q3FY15 driven by arbitration awardsHCC said that of the various arbitrations the company is involved in with its customers NHAI, it has been awarded Rs 1,994 crore. In the qu...
- Pension and private equity funds eye road projects hoping plump returnsIndian road projects are likely to post rise in merger and acquisition activity in 2015 as pension and private equity funds eye projects fo...
- Tata Realty buys Agra-Jaipur expressway project from Madhucon Projects for Rs 250 croreFollowing the announcement, shares of Madhucon Projects soared 14.96% to close at Rs 37.65 on the Bombay Stock Exchange on Tuesday.
- HCC sells highway project in Telangana to IDFC FundHCC also said that Nirmal BOT has received an arbitration award in its favour for Rs 16.67 crore, which will be payable to HCC.
- HCC reports first profit in 2 years at Rs 19.2 crore; shares rise 20%Hindustan Construction Company reported a modest profit of Rs 19.2 crore in the first quarter of 2013-14, its first quarterly profit in two...
- HCC eyes Rs 1k cr from non-core asset saleHindustan Construction Company aims to raise up to Rs 1,000 crore this fiscal by selling some of its non-core assets, an exercise aimed at ...
- No decision yet on timing of Rs 2,000 cr IPO: LavasaAmid reports that the launch of its Rs 2,000 crore initial public offer has been put off, Hindustan Construction Company subsidiary Lavasa ...
- Lavasa Corp files papers with SEBI for Rs 2,000-cr IPOLavasa Corporation today filed the DRHP with the market regulator Sebi to raise Rs 2,000 crore through an initial public offering (IPO).
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