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JBF PETRO
ONGC-IOC hikes JBF Petro bid over 2-fold, but still trails GailLenders had allowed all three bidders to increase their offers after the first round. MPCI chose not to submit a revised bid, said people i...- JBF Petro: Other bidders get chance to match GAIL's offerIn a meeting on Tuesday, lenders have told the two bidders - a consortium of Oil and Natural Gas Corp (ONGC) and Indian Oil Corp, and Kolka...
- GAIL makes highest bid for JBF Petro at ₹1.8k crGAIL has outbid an ONGC-Indian Oil consortium and the Kolkata-based MCPI, the two other bidders.
- ONGC-Indian Oil, GAIL and MCPI submit bids for bankrupt JBF PetroThree others - Reliance Industries (RIL), a consortium of HPCL-Mittal Energy and BC Jindal Group's Jindal Poly Films - which had submitted ...
- JBF Petro lenders extend deadline to get better valuePublic sector companies GAIL and an ONGC-Indian Oil consortium are likely to compete with Reliance Industries, HPCL-Mittal Energy, Jindal P...
- RIL, HPCL-Mittal Energy, Jindal group among JBF Petro suitorsSeparately, 98% of the lenders of JBF Industries exited by selling their loan exposure to CFM ARC last year. Listed JBF Industries does not...
- Lenders invite bids to buy out stressed JBF petrochemicalsIn the process document issued by banks, prospective buyers with a minimum net worth of ₹300 crore and a consolidated group turnover of ₹2,...
- JBF Petro admitted to NCLT after settlement talks with bidders collapseLenders have received separate offers from Reliance Industries, KKR, Edelweiss, Indian Oil Corporation, Dubai based Citax Energy and Assets...
- ONGC and GAIL begin talks to acquire JBF PetrochemThe offers from the state-owned entities came within months of Assets Care & Reconstruction Enterprise (ACRE) and Dubai-based entity Citax ...
- ONGC, Gail in preliminary talks with lenders to acquire JBF PetroKKR-backed JBF Petro received an indicative offer from Acre ARC of USD 160m for a total loan of USD 463.3m. CFM ARC takes symbolic possessi...
- ARCs will now have to take the auction route to acquire NPAsTotal NPAs in the banking system are pegged at Rs 9.3 lakh crore.
- JBF Petro dragged to NCLT as KKR deal falls throughBoth these conditions have not been met, stalling the KKR infusion.
- Market now: Stocks that plunged over 5% intraday on WednesdayThe BSE Sensex was trading in the negative on account of profit booking.
- These 20 stocks surged over 5% on ThursdayThe Nifty 50 index was trading 6.85 points down at 9,345.
- These stocks catch investors’ fancy on ThursdayThe NSE Nifty index was down 7.20 points at 9,344.65 around 12.10 pm (IST).
- Sensex ends 354 pts down as China, GST weigh; gold reclaims 26K; banks bleed, metals melt, IT shinesContinuing its losing spree for the fourth straight session, the 30-share BSE benchmark ended the day down 353.83 points, or 1.27 per cent,...
- Markets under China shadow: Nifty below 8,350, OMCs, metals crack; top intraday trading ideasThe S&P BSE Sensex plunged over 200 points in trade on Wednesday tracking muted trends observed across major global markets.
- Markets under China shadow: Nifty tests 8,400, IT stocks shine; OMCs, metals crackSensex plunged as much as 165 points in trade on Wednesday, led by losses in HDFC, ICICI Bank, ITC, Tata Motors and Coal India Ltd.
- Nifty nears 8,650, Sensex up over 350 points, above 28,500; top betsThe S&P BSE Sensex recouped losses and was trading in the positive terrain after it slipped about 100 points in intraday trade on Wednesday.
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