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JBF PETROCHEMICALS
GAIL to take over debt-laden JBF Petrochemicals in a rare deal for a PSUThe letter of intent was issued on Sunday, following which Gail has to deposit 10% of its bid value or about Rs 200 crore as bank guarantee...19 Oct, 2022, 06.18 AM IST- 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...27 Sep, 2022, 06.18 AM IST
- 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...15 Sep, 2022, 06.59 AM IST
- 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.03 Sep, 2022, 12.43 AM IST
- 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 ...01 Sep, 2022, 12.18 AM IST
- ONGC, Indian Oil to make joint bid for JBF PetrochemicalsET had first reported on May 27 that Reliance Industries, HPCL-Mittal Energy, Jindal Poly Films, Gail, Jindal Power, MCPI Ltd, and a consor...23 Aug, 2022, 12.33 AM IST
- 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...20 Aug, 2022, 08.28 AM IST
- 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...27 May, 2022, 12.58 AM IST
- 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,...20 Apr, 2022, 12.38 AM IST
- 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...05 Feb, 2022, 11.29 AM IST
- 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 ...19 Nov, 2021, 07.09 AM IST
- IDBI Bank puts Rs 9,500 cr loans on the blockThe accounts on offer include loans worth Rs 721 crore to Reliance Communications.25 Sep, 2019, 07.50 AM IST
- JBF Petro dragged to NCLT as KKR deal falls throughBoth these conditions have not been met, stalling the KKR infusion.01 Apr, 2019, 11.33 AM IST
- JBF Industries hits upper circuitThe total debt of $464 million in JBF Petrochemicals will now no longer be consolidated in the accounts of JBF Industries.28 Aug, 2018, 04.08 PM IST
- JBF Industries rallies 5% on likely capital infusionAll lenders have to agree to the KKR deal for the restructuring plan to go through.24 Jul, 2018, 12.40 PM IST
- KKR to throw another lifeline to JBF IndustriesAll lenders have to agree to the KKR deal for the restructuring plan to go through.24 Jul, 2018, 11.25 AM IST
- JBF Industries becomes the first third party licensee to BP's PTA technologyJBF Industries became the first company in the world to source BP's proprietary technology for manufacturing PTA - a key input in manufactu...06 Jul, 2012, 07.58 PM IST
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