Vedanta outbids JPL for AthenaResources conglomerate Vedanta's final offer of ₹565 crore was much higher than the staggered payment of ₹400 crore it had offered under th...
Reliance Capital's administrator appoints BDO India to conduct transaction audit, RBSA and Duff & Phelps as valuersAt their meeting on Wednesday, lenders also appointed AZB & Partners as the legal advisor and Deloitte Insolvency Professionals as the proc...
India's video OTT market to touch $12.5 billion by 2030: Report"OTT industry is poised for aggressive growth prospects with access to better networks, digital connectivity and smartphones. OTT platforms...
Disinvestment process: Shipping Corp opens virtual data room for potential biddersVirtual data room access will allow the bidders to obtain detailed financial information about the company as well as scrutinise financial ...
All three bidders for Dewan Housing Finance are likely to junk some conditionsVoting may extend up to Jan 10 in the new year as thousands of creditors at DHFL will be given enough time to deliberate and seek internal ...
LIC’s valuation pegged at over Rs 11 lakh croreLIC has return on equity of 396.8% in FY19 compared to 18.8% of SBI Life.
Suraksha’s Jaypee bid gets higher score than NBCC’s, over to votersThe primary areas where Suraksha scored over NBCC are fund infusion and debt-asset swaps with lenders. Suraksha has offered to bring in Rs ...
NCLT appoints Nanavati of Deloitte as RP for Reliance CommunicationsAccording to RCom's own admission, financial creditors have made claims worth Rs 57,382 crore from RCom and its two subsidiaries as of June...
SBI in favour of a single Resolution Professional for RCom, subsidiariesSBI made the proposal at a meeting of lenders on Thursday, arguing that it would ensure better coordination during the bankruptcy proceedin...
IRPs admit Rs 66,000 crore of claims against RCom, armsBanks and other financial institutions have filed total claims of around Rs 85,000 crore against the Anil Ambani-promoted telecom company a...
RCom lenders likely to claim up to Rs 90,000 croreThe claim will be among the highest demanded from companies that have gone for insolvency.
State Bank of India shortlists Deloitte as Interim Resolution Professional to manage RComSBI’s choice may have surprised other members of the committee of creditors since Deloitte’s financial bid for carrying out the resolution ...
SBI approaches big 4 auditors to appoint resolution professional for RComSBI, one of Ambani's biggest lenders, just intensified its hunt for a resolution professional to manage the insolvency process.
RBSA Advisors alliance with Zolfo Cooper for restructuring services“Zolfo Cooper is one of the world’s leading and most respected firms in Restructuring Services," Rajeev R Shah, CEO & Managing Director, RB...
RBSA Advisors named interim resolution professional for Visa SteelThe State Bank of India, which is the lead bank, would initiate insolvency proceedings against Visa Steel.
Govt appoints RBSA as valuation advisors for disinvestment of Air IndiaThe government intends to sell Air India and its subsidiaries separately to maximise its earnings from the sale process.
DoD selects RBSA for valuing Hindustan ZincThe FinMin has shorlisted RBSA Valuation Advisers for undertaking fresh valuation of HZL and push through a long-pending sale of the govt's...