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MADHVANI GROUP INVESTMENT
HNGIL revival kicks off with Kolkata as Madhvani Group's INSCO takes chargeUganda's Madhvani Group, through INSCO, has successfully acquired Hindustan National Glass & Industries Ltd (HNGIL) for Rs 2,250 crore. New...- INSCO completes acquisition of HNGIL under IBC processIndependent Sugar Corporation completed its acquisition of Hindustan National Glass & Industries. This concludes a seven-year insolvency ca...
- Madhvani Group’s INSCO completes acquisition of Hindustan National Glass under IBCIndependent Sugar Corporation Limited completed its acquisition of Hindustan National Glass & Industries Limited. This happened under the I...
- Cerberus Capital, IFC to fund Madhvani group's Hindusthan National Glass buyoutHindusthan National Glass and Industries Limited (HNG) was admitted for insolvency proceedings in October 2021 at the behest of DBS Bank, a...
- NCLT orders ex-promoters of HNG to repay defrauded Rs 42 cr amount to debtorsThe NCLT has ordered Hindusthan National Glass & Industries' former promoters to return ₹42.46 crore, which they allegedly misappropriated,...
- Auditor flags Rs 63 crore as potentially fraudulent transactions in HNGBDO India detected fraudulent transactions worth Rs 63.34 crore under HNG's former management, involving entities like Rafbrix Internationa...
- Madhvani Group begins takeover of Hindustan National Glass after NCLT clears ₹2,250 crore planThe Madhvani Group, through INSCO, is set to acquire Hindustan National Glass & Industries Limited after NCLT approval of its ₹2,250 crore ...
- Madhvani Group plans Rs 10,000 cr investment over next 5 yearsMadhvani Group, a Ugandan conglomerate, plans to invest Rs 10,000 crore in India over the next five years, encouraged by the government's p...
- Farallon may bankroll Madhvani arm's offer for Hindusthan GlassFarallon Capital Management is evaluating a ₹1,400 crore financing package to support INSCO's ₹1,851 crore bid for Hindusthan National Glas...
- Suits & Sayings: Difficult time for start-up's poster boy; pharma scion avoids limelight after liquor trade controversy; Delhi's entrepreneur couple plans exotic Bali getawaySome fund managers are set to take a break for the F1 race next weekend in Singapore.
- Sony to invest more in Indian movie projectsThe company will enter the Tamil market and has collaborated with Kamal Haasan for an untitled project.
- Immigration hotspot: Uganda becoming popular with Indian professionals and companiesUnlike most Western countries, Indians can go to Uganda on a tourist visa and then look for a job as new opportunities are emerging.
- Mindshare Brand Equity Compass 2011: Fuelling new paradigmsMindshare Brand Equity Compass 2011 on February 24 opened with an introduction of an enthralling stardom of the telecommunications, financi...
- Vibrant Gujarat 2011: Foreign delegates pledge 35k-cr biz for GujaratForeign delegates looking for Gujarati investments mopped up proposals worth Rs 35,000 crore at the 5th Vibrant Gujarat Global Summit.
- Indian companies get into commercial farming in AfricaAnd it’s not just large Indian companies, small and medium enterprises in sectors ranging from spices and tea to chemicals are looking at e...
- Impact on NRIs a year after collapse of Lehman BrothersIndian entrepreneurs & professionals are facing their moments of truth from job loss & going out of visa status to having to shut shop & re...
- Capital markets, cricketers, real estate and human resources, all trading above fair valueFrom capital markets to cricketers, real estate to HR, every asset category seems to be trading several times above fair value. Full Pre-Bu...
- Asset category in India trades several times above fair valueFrom capital markets to cricketers, real estate to human resources, every asset category in India seems to be trading several times above f...
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