The LoI was issued on Friday after some last-minute drama when a new bidder made an enquiry in the Swiss challenge round, they said. "A lit...

The Ahmednagar-based Malpani Group was the only bidder for debt-laden Imagicaaworld which owes lenders a minimum of ₹1,417 crore. The Malpa...

As part of the rejig, creditors have decided to order a rebid, most likely involving an asset reconstruction company (ARC), which will purc...

Imagicaa owns multiple theme parks around Mumbai and Pune and is promoted by Shetty, who owns 31% directly and indirectly. It has been faci...