Jindal Power may join race to buy Lanco AmarkantakJPL has filed a petition with the Amaravati bench of the National Company Law Tribunal for approval to join the auction process of Lanco Am...
13 Jan, 2024, 11.59 AM IST
Adani Power close to taking over Coastal Energen for ₹3,440 croreAfter two days of intense bidding, Adani Power emerged as the winner late Saturday evening, said two people with knowledge of the matter. J...
23 Oct, 2023, 09.34 AM IST
PFC, REC seek DIPAM nod for debt resolution plan for KSK MahanadiThe state-owned lenders, with NTPC Ltd as the technical partner, had earlier given expression of interest for the 1,800 MW coal-based power...
13 Oct, 2023, 12.23 AM IST
Reliance, Adani, Vedanta among companies in race for Bhadreshwar VidyutThis is the third bankrupt power producer for which two of the country's largest corporate houses - Reliance Industries and the Adani Group...
03 May, 2023, 06.27 AM IST
Mercator Petro lenders approve Indian Oil's offerLenders of the Mumbai-based onshore petroleum extraction company have unanimously voted for IOC's resolution plan, which equates to a 46% r...
08 Mar, 2023, 12.26 AM IST
Lenders pick PFC-REC offer for Lanco Amarkantak PowerThe PFC-REC team received 95% of lender votes by value of debt, while Adani Power secured 17%, people cited above told ET. The voting perce...
10 Jan, 2023, 11.50 PM IST
Lanco Amarkantak resolution voting extended till Jan 7 with Adani, RIL, PFC-REC in frayThe resolution professional informed lenders Friday that voting on the three plans would close on January 7. The voting deadline has been e...
31 Dec, 2022, 06.48 AM IST
Lanco Amarkantak resolution faces delaysThe resolution professional, Saurabh Kumar Tikmani backed by KPMG, invited lenders last week to vote on the resolution plans given by the P...
26 Dec, 2022, 12.22 AM IST
An epic Ambani versus Adani clash over a Lanco asset has been put off for nowLenders of Lanco Amarkantak had passed a resolution to hold the auction on Friday (November 25) among the three resolution applicants - Rel...
26 Nov, 2022, 05.51 AM IST
Reliance Industries, Adani Power set for epic clash at Lanco unit auctionThis is the first time two of the country's largest corporate houses will be vying directly against each other for an asset. A consortium o...
26 Nov, 2022, 12.39 AM IST
Reliance, Adani submit bids for Lanco AmarkantakThe RP restarted the sale process of Lanco Amarkantak in January, soon after lenders rejected a binding bid from Vedanta Ltd, which had off...
27 Aug, 2022, 07.09 PM IST
Adani Enterprises loses CIL's short-term coal import tenderCIL has cancelled its maiden tender for short-term import of coal in which Adani Enterprises had emerged as the lowest bidder.
18 Jul, 2022, 09.43 PM IST
Indian Overseas Bank seeks buyers for 344 bad loansAban Holdings has outstanding loans of ₹1,271 crore, the largest account on the list. Two Essar companies are Essar Oil & Gas Exploration w...
07 Jul, 2022, 12.45 AM IST
RIL, Adani Power among companies bidding for Lanco AmarkantakResolution professional Saurabh Kumar Tikmani, backed by KPMG, received 11 expressions of interest in all. Twin Star Tech, an investment ve...
26 Feb, 2022, 10.23 AM IST
Adani, Vedanta in race to buy Lanco plantAdani Group and Vedanta are conducting due diligence to acquire Lanco’s Amarkantak power plant in Chhattisgarh. The power plant has 600 MW ...
12 Feb, 2020, 07.42 AM IST
Lanco Thermal Power receive a claim of Rs 24,000 croreAmong the 15-20 lenders to the company are Andhra Bank, ICICI Bank, Axis Bank, Canara Bank, and IDBI Bank, sources said.
19 Aug, 2019, 10.39 PM IST
SIMI encounter killings haunted Shivraj Singh Chouhan in 2016After the encounter killings of suspected SIMI activists who had mysteriously escaped the highly-fortified central jail here on Diwali nigh...
29 Dec, 2016, 12.00 PM IST