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KARAIKAL PORT INSOLVENCY
SBI to down-sell part of ₹1,800-cr loan for Adani's Lanco buyState Bank of India is negotiating with other banks to sell a part of the INR 1,800-crore loan given to Adani Power for acquiring Lanco Ama...- Adani Power close to taking over Coastal Energen for ₹3,440 croreAfter two days of intense bidding, Adani Power emerged as the winner late Saturday evening, said two people with knowledge of the matter. J...
- Adani ports buys bankrupt Karaikal Port for ₹1,485crKaraikal Port is an all-weather deep-water port on India's eastern coast that was developed on the build, operate and transfer format under...
- NCLT approves Adani Ports and SEZ’s takeover of Karaikal PortAdani Ports and Special Economic Zone was pitted against Vedanta Limited, JSW Infra, a consortium of RKG Fund and Sagacious Capital and Jin...
- Adani Ports wins Karaikal bid with ₹1,200-crore offerBidding for the port was conducted under the Insolvency and Bankruptcy Code (IBC) guidelines. The lenders to Karaikal Port met last week to...
- Adani, Vedanta co send in bids for Karaikal portKariakal Port defaulted on loans of ₹2,960 crore. It was admitted for insolvency proceedings on April 29 by the Chennai bench of the nation...
- Vedanta, Adani, JSW Infra, submit EOIs for Karaikal PortThe NCLT’s Chennai bench had admitted Karaikal Port for insolvency proceedings via an order dated April 29, following an application made b...
- Karaikal Port admitted for insolvency, Adani Ports & SEZ frontrunnerIn a rare instance, the National Company Law Tribunal heard and admitted a case for insolvency same day the lender, Omkara Asset Reconstruc...
- How the IBC came as a shot in the arm for these debt huntersThe passage of the IBC in 2016 has led to a fire sale of sorts and some of the marquee assets of India Inc are suddenly available at a huge...
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