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DALMIA BHARAT BAIN
Birla Tyres shares to delist from exchanges after NCLT nod to resolution planBirla Tyres has been in the business of manufacturing tyres for 25 years. It earlier had a collaboration with Italian tyre manufacturer Pir...- Dalmia Bharat draws closer to taking over Birla TyresDalmia Bharat group is set to acquire Birla Tyres after creditors approved their resolution plan. The plan proposes partial repayment of ₹1...
- Dalmia Bharat puts in bid for Emami’s cement businessDalmia Group was founded in 1935 by Jaidayal Dalmia and its cement division was established in 1939.
- NCLAT Approves UltraTech’s Revised Bid of ₹7,950 crore for Binani CementThe tribunal rejected Dalmia Group's plea challenging the validity of UltraTech's revised bid as it termed it in violation of Section 29A o...
- IFC invests $100 million in Piramal-Bain joint ventureThe consortium had backed JSW to bid for Bhushan Steel. Finally, Tata Steel took over Bhushan Steel by settling about Rs 35,200 crore of th...
- Lenders to meet today to decide Binani’s fateLenders said the meeting is significant in the backdrop of Dalmia Bharat’s decision not to revise its original offer of Rs6,350 crore while...
- UltraTech offers revised bid of Rs. 7,840 crore for Binani cementLenders expected to take a call today; Dalmia Bharat less likely to revise offer.
- UltraTech sweetens Binani bid, raises offer to Rs 7,990 croreUltraTech also contended that it will cover the interest lenders had to forgo from the day Binani Cement was admitted to bankruptcy court.
- Binani cement bankruptcy proceedings: Dalmia seeks CVC’s interventionIn a letter to the CVC, the New Delhi-based cement maker wanted the commission to examine the matter and pass suitable guidelines in public...
- Binani lenders decide to back UltraTech if it gets SC go-aheadThe banks have extended support to UltraTech’s bid, seeking indemnity from Binani Industries against any potential litigation by a consorti...
- Binani owners foiling IBC move: Dalmia CEODalmia also said that with such uncertainties, India may not be able to attract the right kind of funds — FIIs and PE Funds as such funds a...
- SBI Hong Kong branch challenges Binani Cement resolutionSBI’s Hong Kong branch had given a loan to a subsidiary of Binani Cement.
- Banks real winner in Binani resolution: Puneet DalmiaThe resolution plan of Dalmia Bharat IRF consortium achieved CoC approval in 233 days, which is the fastest so far for a billion-dollar tra...
- Binani Cement creditors pick Dalmia BharatBinani Cement was referred to bankruptcy court by Bank of Baroda.
- UltraTech to raise Binani bid by Rs 700 croreThe Aditya Birla Group-owned firm will offer Rs 7,200 crore for Binani even as the bankrupt firm's committee of creditors approved Dalmia-c...
- Dalmia consortium cements position to acquire BinaniLenders went with Dalmia-led consortium's bid as it fulfilled all conditions including an approval from the CCI for the acquisition of Bina...
- Binani Industries gains 2% after lenders pick Dalmia-BainBenchmark BSE Sensex came down 160 points, or 0.47 per cent, to 34,186.
- Dalmia Bharat consortium emerges as highest bidder for Binani CementThis will probably the first debt resolution under the bankruptcy court where lenders won't have to take any haircut on the loans outstandi...
- Dalmia Bharat consortium leads race for Binani Cement with highest offerThe consortium has offered to pay more than Rs 6,300 crore for Binani, while UltraTech Cement came a close second with its bid of Rs 6,100 ...
- Dalmia Bharat joins hands with Piramal Bain fund to bid for BinaniVijaykumar Iyer, partner at Deloitte Touche Tohmatsu India Llp, was appointed the interim resolution professional for Binani Cement.
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