Videocon bankruptcy: IBBI bars RBSA from taking new insolvency-related workThe controversy over the sale of Videocon erupted after the NCLT questioned if the liquidation value was leaked. While approving the plan, ...
18 Feb, 2023, 11.01 PM IST
Paytm's market cap slips below Rs 50,000 cr as stock hits new lowThe shares, listed on November 18 last year, enjoyed a market value of just over Rs 1.39 lakh crore at the issue price of Rs 2,150.
07 Mar, 2022, 03.36 PM IST
Defer LIC IPO or price it very attractively? Rajeev R Shah answers“We would believe that a multiple of 2 to 2.25 or something like that for an embedded value should be more in order, which is at a discount...
04 Mar, 2022, 05.18 PM IST
IDBI Bank strategic sale: Most merchant bankers indicate 52 weeks' timeDuring a presentation before the Department of Investment and Public Asset Management (DIPAM) held recently, most of the eligible transacti...
19 Sep, 2021, 01.17 PM IST
IDBI Bank strategic sale: 7 firms in race for transaction advisorThe firms that have bid for acting as transaction advisor are Deloitte Touche Tohmatsu India LLP, Ernst and Young LLP, ICICI Securities, JM...
08 Aug, 2021, 11.31 AM IST
LIC IPO may not be as colossal as is being hyped. Here is whyIf LIC’s post-issue market capitalisation is estimated at Rs 8-10 lakh crore, then the issue size would have been Rs 80,000-1,00,000 crore ...
05 Mar, 2021, 01.11 PM IST
Govt invites preliminary bids to sell 63.75% stake in Shipping Corp of IndiaAt the current market price, the government's stake sale in Shipping Corp is valued at about Rs 2,500 crore.
22 Dec, 2020, 12.23 PM IST
China bug hits roadshows for Shipping Corp stake saleThe plan to hold roadshows for Shipping Corporation of India’s stake sale has taken a hit due to virus outbreak.
13 Feb, 2020, 05.18 PM IST
Roadshows to lure investors for ConcorThey said investor interest is being determined through the roadshows, which will be followed by detailed expressions of interest and forma...
10 Jan, 2020, 11.36 PM IST
DIPAM ropes in L&L Partners as legal advisor for Concor divestmentThe government holds 54.8 per cent stake in Concor, which comes under the railways ministry.
10 Dec, 2019, 07.38 PM IST
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...
21 Jun, 2019, 07.13 PM IST
Doha Bank claims voting rights in Reliance Infratel wrongly reducedDoha Bank sought a stay on a meeting of the RCom committee of creditors (CoC) until the National Company Law Tribunal rules on its plea. Th...
30 May, 2019, 09.37 PM IST
RCom panel of creditors meeting on May 30The CoC will be viewing the report submitted by the interim resolution professional (IRP) on claims of dues filed against RCom.
29 May, 2019, 10.34 PM IST
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.
13 May, 2019, 08.36 AM IST
IRPs of RCom, two units told to submit progress reportNCLT has held that stay on insolvency process of RCom and its 2 units has been vacated by NCLAT.
08 May, 2019, 06.46 AM IST
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 ...
07 May, 2019, 08.45 AM IST
Six firms bid for advising Finance Ministry on two M&A dealsOnce the proposal comes from the administrative ministry, it would go to the Core Group of Secretaries on Disinvestment (CGD) and then to t...
25 Nov, 2018, 12.54 PM IST