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HIMATSINGKA VENTURES
‘I was nearly broke… he asked for nothing’: FoodPharmer shares how Nithin Kamath’s quiet gesture changed his lifeWhen FoodPharmer faced financial and legal troubles after quitting his US job to expose unhealthy food marketing, Nithin Kamath stepped in ...- Vijay Sivaram, Rohit Himatsingka team up to launch AI ventureVijay Sivaram and Rohit Himatsingka have launched RVAI Global, an AI services company focused on simplifying AI adoption for businesses. Of...
- Axis Bank turns down plan to distribute Sintex sale proceedsAxis Bank is the sole lender to vote against the resolution plan submitted jointly by the two, the sources said. Axis Bank has ₹159 crore v...
- Reliance & ACRE bid for Sintex filed before NCLT for approvalAs per the IBC procedures, RP has to submit the resolution plan as approved by the CoC to NCLT under Section 30(6) of IBC, which gives its ...
- RIL-ACRE's offer for Sintex Industries gets over 90% support from lendersThe other three resolution applicants in the fray were Himatsingka Ventures, a Welspun Group entity and GHCL. Earlier this month, resolutio...
- Voting date for Sintex Industries extended to March 18All four plans – Reliance Industries -Assets Care & Reconstruction Company (ACRE) team; Himatsingka Ventures, Welspun and GFCL Ltd- were pu...
- Lenders seek better offer for Sintex from RIL-ACREIn most cases, lenders negotiate with the highest bidder to maximise recoveries from buyers of the bankrupt companies, said one of the lend...
- Sintex lenders to decide on resolution next weekLenders of the bankrupt company will decide next week on whether to restart the resolution process or to put to vote the four plans that th...
- RIL-ACRE's Rs 3,405 cr bid for Sintex highest in 2nd roundReliance Industries, in partnership with Assets Care & Reconstruction Enterprise (ACRE), emerged as the highest bidder in the second round ...
- Sintex Industries insolvency in final stages, company receives revised bidsThe resolution professional of Sintex Industries has also received bids from Welspun Group firm Easygo Textiles, GHCL and Himatsingka Ventu...
- Reliance-ACRE seeks competition panel's nod to buy Sintex under IBCReliance Industries is India's biggest company by market capitalization and net profit. ACRE is an asset reconstruction company backed by A...
- Lenders of Sintex Industries plan Swiss chllenge auction to avoid liquidationThe auction route will be undertaken mainly to get improved offers so as to prevent the company from going into liquidation since the offer...
- Last year’s 3-bagger Sintex Ind’s share price may drop to zeroAnalysts warned that the resolution plans suggested by companies vying to buy Sintex’s assets proposed to write off the existing equity ful...
- RIL, Welspun among bidders for bankrupt textile company SintexFour leading textile players — Mukesh Ambani’s Reliance Industries, B K Goenka’s Welspun, Sanjay Dalmia’s GHCL and Dinesh Kumar Himatsingka...
- RIL team among five bidders in race for bankrupt Sintex IndustriesSintex Industries Ltd, which is undergoing a corporate insolvency and resolution process, had received 16 expressions of interest including...
- Stock market update: SmallCap stocks gain; Electrosteel Castings skyrockets 16%The S&P BSE SmallCap index was trading 0.76 per cent up at 14980.96.
- Logistics firm Truckola raises Rs 4cr in angel fundingThe funds will be used for scaling up technology and for strengthening the service delivery capability.
- Premji buys 10% in Subhiksha for Rs 230 crPremji has acquired the stake in his personal capacity through Premji Invest. The stake has been bought from ICICI Ventures at a huge premi...
- Premji launches $1 bn PE fundWipro chairman Azim Premji is casting his net wider by launching a private equity fund with an investible corpus of at least $1 billion. Sp...
- Premji's wealth manager quits to go soloThe churn that is being seen in the corner rooms is extending to wealth management too. Mrinimoy Das, who was heading Azim Premji Investmen...
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