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CCI rejects AGI Greenpac plea on INSCO green channel nod for HNG dealThe Competition Commission of India has once again rejected AGI Greenpac's challenge. The regulator upheld the green channel approval for I...- Cerberus Capital's Indranil Ghosh quits to join Apollo GlobalCerberus Capital, with a $1-billion-plus India loan book, is amongst the largest financiers of bonds issued by Shapoorji Pallonji group com...
- INSCO pays creditors ₹1,851 crore to complete Hindusthan National Glass buyINSCO, part of Uganda's Madhvani Group, has finalized its acquisition of HNG, India's largest glass bottle maker. This concludes a lengthy ...
- Cerberus Capital, IFC to fund Madhvani group's Hindusthan National Glass buyoutHindusthan National Glass and Industries Limited (HNG) was admitted for insolvency proceedings in October 2021 at the behest of DBS Bank, a...
- NCLT orders ex-promoters of HNG to repay defrauded Rs 42 cr amount to debtorsThe NCLT has ordered Hindusthan National Glass & Industries' former promoters to return ₹42.46 crore, which they allegedly misappropriated,...
- Auditor flags Rs 63 crore as potentially fraudulent transactions in HNGBDO India detected fraudulent transactions worth Rs 63.34 crore under HNG's former management, involving entities like Rafbrix Internationa...
- Lenders approve Uganda-based INSCO's ₹2,257-crore plan for Hindusthan GlassCreditors, including State Bank of India, have approved Independent Sugar Corp's revised ₹2,257 crore resolution plan for Hindusthan Nation...
- AGI Greenpac flags flawed CCI nod to INSCO’s Rs 2,800 crore HNG takeoverAGI Greenpac has challenged the approval of Independent Sugar Corp's takeover of Hindusthan National Glass. AGI claims the approval by the ...
- Kotak-backed Phoenix ARC, Edelweiss keen to acquire SBI loan to HNGKotak Mahindra Bank-backed Phoenix ARC and Edelweiss Asset Reconstruction Company are interested in acquiring State Bank of India's loan to...
- HNG shares hit upper circuit as employees reach out to CoC for speedy resolution"We are concerned about the potential directives from CCI to the currently approved bidder asking to divest a few plants for meeting market...
- StanChart sells stressed loans in HNG, Chenani Nashri TollwaysThe bank sold a $40-million (equivalent to about ₹310 crore) debt exposure in the tollways project, promoted by the IL&FS Group, to Deutsch...
- HNG promoter offers Rs 1,380 cr in cash, 10% equity to lendersThe company has deposited close to ₹110 crore with lenders to show its commitment to pay loans, the people said. Kolkata-based HNG was admi...
- Carlsberg, Nirma, PEs in race for bottlemaker HNGDanish beer maker Carlsberg, private equity funds Oaktree Capital and Cerberus, Nirma Chemicals and SNJ Distilleries are among a dozen enti...
- HSIL changes set to lift core glass business, pave way for a buyAnalysts view this as a move to strengthen the company’s balance sheet, paving way for a potential acquisition of Hindusthan National Glass
- HSBC sells its HNG loan to Edelweiss ARC in an all-cash dealLenders have an exposure of Rs 2,700 crore in Hindusthan National Glass (HNG), the largest maker of container glass with seven manufacturin...
- Hindusthan National Glass eyes retail forayTraditionally, company supplies glass containers to food and beverages companies and this would be their first attempt to touch retail cons...
- Hindusthan National Glass sells arm in Europe for Rs 175 crIn 2015-16, HNG Global GmbH had posted a turnover of Rs 276 crore and contributed 12 per cent of the total consolidated revenue of the comp...
- Hindustan National Glass & Industries FY11 net dips 61.87 pc to Rs 58.78 crHNG today said its consolidated net profit declined by 61.87 per cent to Rs 58.78 crore for the year ended March 31, 2011.
- Hindusthan National Glass to acquire Germany's Agenda Glas for Rs 320 croreHindusthan National Glass Industries said it will acquire Germany-based Agenda Glas, AG, entailing an investment of nearly Rs 320 crore ove...
- HNG plans Rs 1,200-cr manufacturing hubHindustan National Glass (HNG) on Tuesday said it will invest around Rs 1,200 crore for setting up an integrated glass manufacturing hub in...
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