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KOTAK REALTY CUBE
Stocks in the news: IDBI Bank, Punj Lloyd, HUL, Lakshmi Vilas Bank and Jubilant FoodWorksMeanwhile, Airtel named Nakul Sehgal as CFO, reporting to Sunil Bharti Mittal.- State-run NBCC, Suraksha Group bid to acquire beleaguered Jaypee InfratechNBCC Chairman and Managing Director Anoop Kumar Mittal declined to comment on details of the company’s bid.
- Jaypee Infratech lenders extend deadline till February 15 for resolution plansThe committee also approved the extension of CIRP (Corporate Insolvency Resolution Process) for further period of 90 days with a voting per...
- Jaypee Infratech bankruptcy: Lenders may extend deadline for revival plan by 15 daysNBCC, Kotak Investment, Singapore-based Cube Highways and Suraksha group have been shortlisted as bidders for Jaypee Infratech.
- Jaypee Infratech climbs 3% as lenders approve evaluation criteria for biddersJaypee Infratech is undergoing insolvency proceedings in the NCLT.
- Jaypee Infratech: Lenders, home buyers approve evaluation criteria for bankruptcy processBoth the proposals were passed with members representing over 60 per cent of the voting rights assented to them.
- NBCC, Kotak Investment among 4 shortlisted bidders for Jaypee InfraJaypee Infratech, a subsidiary of Jaypee Group’s flagship firm Jaiprakash Associates, is developing about 32,000 flats, of which it has del...
- NBCC, Kotak among 4 shortlisted bidders for Jaypee Infratech; L&T Infra out of raceJaypee Infratech, a subsidiary of Jaypee Group's flagship firm Jaiprakash Associates, is developing about 32,000 flats, of which it has del...
- Jaypee Infratech's lenders discuss evaluation criteria for potential bidderL&T Infrastructure might not be invited for bidding as the company is only interested in taking over Yamuna Expressway project, sources sai...
- Kotak, L&T, NBCC, 2 others submit EoI to take over bankrupt Jaypee InfratechLast year, NCLT had admitted the application by an IDBI Bank-led consortium, seeking resolution for JIL under the Insolvency and Bankruptcy...
- KKR's ex-director Kabir Mathur joins ADIA to head India investmentsMathur, a former director with US fund KKR & Co. L.P, has joined with ADIA's Abu Dhabi office as Head- India & South East Asia, Private Equ...
- ADIA to back UPL’s $4.3 billion Arysta buy with $1 billion fundingUPL Corporation, formerly Bio-Win Corporation, houses UPL’s expansive global agrochemicals business, which contributed 87% of its FY18 sale...
- Jaypee’s banks face fresh challengeIn normal course, the company would have gone into liquidation, but that’s an option that has been shot down by the Supreme Court, given th...
- Deposit Rs 1,000 crore by June 15 to avoid liquidation: Supreme Court to JALIn September 2017, the apex court had ordered JAL to deposit Rs 2,000 crore as security against the amount due to home buyers seeking a ref...
- What triggered Abu Dhabi's ADIA's visit to IndiaA team of about 8-10 senior management executives first arrived in New Delhi two-three weeks ago exploring investment opportunities in the ...
- Dosti-Suraksha JV to acquire Jaypee Infra for Rs 7,350 croreThe insolvency-hit developer has outstanding loans of about Rs 8,500 crore. The transaction with Lakshadweep is expected to help the firm c...
- Dark horse may pip Adani, Kotak to Jaypee InfraSudhir Valia is a relative of Sun Pharma promoter Dilip Sanghvi and a director on the company’s board. The offer by the low-profile busines...
- Assets undervalued: Jaypee lendersAt least two lenders have sought details of the calculations made by Deloitte and IDBI Capital Markets, which are overseeing the process to...
- Kotak Realty-Cube cries foul over change in Jaypee Infratech bid rulesAccording to sources directly involved in the transaction, Adani Group has emerged as the highest bidder and would be tasked with completin...
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