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KAMACHI INDUSTRIES
Jai Corp's Virendra Jain, son acquire Kamachi Industries for ₹487 croreJai Corp's vice chairman Virendra Jain and his son Ankit Jain have acquired Chennai-based steel company Kamachi Industries for ₹487 crore. ...- Jaicorp’s vice chairman Virendra Jain emerges highest bidder for Kamachi IndustriesKamachi Industries defaulted on Rs 2,200 crore of loans granted by a consortium of five public sector banks. The company makes thermo-mecha...
- Electroplating industry pegged at Rs 12,000 crore in IndiaThe electroplating industry in India is estimated to be worth Rs 12,000 crore, driven by the demand for electric vehicles, batteries, and h...
- NARCL gives binding offers for two highway assets and a steel companyIf lenders approve a binding offer for the two road projects and the steel company, it will be followed by a Swiss challenge auction. NARCL...
- Stocks in news: ITC, Infosys, PVR, MTAR Tech, SBI, Panacea Biotec and Radico KhaitanPanacea Biotec, NRB Bearings, Dhunseri Ventures, Lyka Labs, Jenburkt Pharmaceuticals and Burnpur Cement are among companies that will annou...
- SBI invites bids from ARCs for two accounts for recovering Rs 409 croreAs per the bank's revised policy on sale of financial assets, in line with regulatory guidelines, SBI said it places these accounts for sal...
- SBI, Union Bank to sell NPAs of Rs 2,836 crore this monthWhile SBI has put on sale Rs 1,554.87 crore of three assets, state-run Union Bank of India has invited bids to sell 11 NPAs worth Rs 1,280....
- SBI to auction Rs 2,338 crore of NPAs on March 26The bank is looking to sell all the accounts on a 100 percent cash basis to banks, ARCs, NBFCs and other financial institutions.
- Economic slowdown, high interets rates take a toll on SMEs; CDRs on a riseEconomic slowdown and the stubbornly high interest rates are beginning to hurt the small and medium enterprises with more companies queuing...
- Small companies rush for debt recast as growth slowsMost of these cases are from companies with debt of less than Rs 500 crore. In 2011, 87 companies with debt of Rs67,739 crore applied for d...
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