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BALLARPUR FOREST
Ballarpur Industries in talks to sell Malaysian arm to China's Nine DragonsIndia’s largest maker of writing & printing paper has been in talks with Nine Dragons for some time now. Discussions are likely to lead to ...- BILT's $500 mn deal to sell Malaysian arm called offThe latest extension of Long Stop Date (LSD) for the deal was announced on May 25 to June 30, 2016 for completion of the deal on the reques...
- 'Odisha fails to collect Rs 7125.24 crore revenue due to courts'Odisha government was unable to collect revenue of Rs 7125.24 crore due to stays by different courts, Finance Minister Pradip Kumar Amat to...
- BILT tanks as loan repayment loomsBILT's total debts amounted to Rs 6,000 crore which it hopes to prune with the money raised from selling the Malaysian forest arm. The numb...
- BILT yet to sell Malaysian forest arm; lenders keep close watch on Ballarpur IndustriesAbout six mutual funds are holding the bulk of these securities which are floated by companies to raise short-term debt.
- Telangana announces revival package for Ballarpur IndustriesTelangana government has announced a revival package for Ballarpur Industries Limited (BILT) at Kamalapur in Warangal district.
- Ballarpur Industries Limited to sell Malaysian subsidiary for $500 millionSabah Forest is 98.08% is owned by Ballarpur Paper Holdings BV, a Netherlands-based investment firm in which BILT owns a 69% equity stake.
- Ballarpur Industries sells stake in Malaysian arm for $500 millionBallarpur Industries will used the proceeds from the proposed transaction to reduce its overall debt of about Rs 7,000 crore.
- Ballarpur Industries shares surge over 8%In terms of volume, 21.81 lakh shares of the company changed hands at the BSE and over one crore shares were traded at the NSE during the d...
- Ballarpur Industries ends 8% higher on divestment planBallarpur Inds rallied 8% after co said they had called for a meeting to consider and approve a binding offer received for divestment.
- Ballarpur leopard releasedThe intruder leopard that was captured in daredevil rescue operation from Ballarpur city on Monday was released back into the wild during t...
- Carcass of leopardess found in Chanda forestThe recovery of mutilated carcass of a sub-adult leopardess at Karwa jungle in Ballarpur forest range has baffled forest department officia...
- Bear delivers two cubs in vacant Forest Development Corporation of Maharashtra quarterA female bear’s intrusion into a vacant residential quarter of the Forest Development Corporation of Maharashtra (FDCM) colony in Ballarpur...
- Ballarpur Industries to simplify corporate structureBilt will transfer 2 paper units to a step-down subsidiary that will ultimately be listed overseas as the Delhi-based co bows to demands by...
- Bilt Q2 net dips 68 pc at Rs 18.89 crorePaper manufacturer Ballarpur Industries Ltd (Bilt) today said its consolidated profit after tax declined 67.93 per cent to Rs 18.89 crore.
- Ballarpur Industries' arm raises $200 mn in perpetual bondsRaised at 9.75% per annum, the bonds have a call option in the fifth and 10th year, and at every distribution date thereafter.
- BILT mandates banks for $300 mn global bond saleBallarpur Industries Limited (BILT) has mandated RBS and HSBC to raise upto $300 million through a sale of bonds to global investors.
- Ballarpur Ind appoints JPMorgan, Citi to manage Dutch unit's listingAvantha group flagship Ballarpur Industries (BILT) has appointed JPMorgan and Citigroup to handle the planned flotation of its Dutch unit B...
- Thapar group looking for more acquisitionsPaper manufacturer Ballarpur Industries is looking for more acquisitions to achieve the targeted production of one million tonne paper by 2...
- Ballarpur to acquire 97.8% stake of SFIBallarpur Industries Ltd has decided to acquire a 97.8 per cent stake in Malaysia-based Sabah Forest Industries (SFI) for $261 million.
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