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RAINBOW PAPERS
IBC amendment seeks to end legal confusion and discretionary powerRecent Supreme Court judgments have prompted amendments to India's Insolvency and Bankruptcy Code (IBC). The proposed changes, now before a...- Rare Asset Reconstruction Company to acquire Chennai-based Rainbow Papers' debtBank of India (BoI) was the last bank to give its consent for the transfer of the debt to Rare late last month, following which the process...
- Ahmedabad company makes a binding offer for Rainbow Papers' loansAs per the terms of the offer, six lenders have jointly agreed to sell their outstanding debt of ₹873 crore for ₹160 crore, equating to a 1...
- NARCL set to acquire debt of Dharani SugarsNARCL's ₹222.5 crore binding offer had triggered a Swiss Challenge auction which was scheduled on March 17. Lenders did not receive any cou...
- NCLT directs Lavasa lenders to distribute sale proceeds equitablyWhile passing the order, an NCLT division bench comprising Justice Shyam Babu Gautam and P N Deshmukh relied on the Supreme Court’s order o...
- Climate change to produce more rainbows: StudyAccording to a new study, climate change will increase opportunities to see rainbows. The study's authors estimate that by 2100, the averag...
- NARCL can better its offers after changes in valuation methodIn the case of Rainbow Papers, a revised bid has already been finalised. Local valuation firm Kakode and Associates (K&A) replaced a multin...
- Fin Min asks banks to sell at least 3 accounts to NARCL by Oct-endFurther, lead banks will seek consent from member banks to sell another 15 shortlisted accounts, including Jaypee Infratech, Srei Infrastru...
- Rainbow Children's Medicare, eMudhra get Sebi's go-ahead to float IPOsThe IPO of eMudhra consists of fresh issuance of equity shares worth Rs 200 crore and an OFS of 85.1 lakh shares by promoters and existing ...
- Rainbow Children's Medicare files DRHP for Rs 2,000 crore IPOThe company proposes to utilise the net proceeds from the fresh issue towards early redemption of non-convertible debentures (NCDs) issued ...
- Stock market update: Over 30 stocks hit 52-week lows on NSEThe NSE Nifty index was trading 2 points up at 10,691, while the BSE Sensex was down 10 points at 35,156 around 10:30 am.
- Market Now: Over 160 stocks hit 52-week lows on NSEMost sectors were in the red, barring IT and PSU bank on NSE.
- These stocks cracked over 10% on NSE on ThursdaySensex was 194 points up at 33,247 at the time of closing of Thursday's session.
- Rainbow Papers Q1 net profit up by 78%, Rs 630 crore capex plannedRecycling paper manufacturer Rainbow Papers Ltd has reported rise in its first quarter net profit by 78%. On Wednesday.
- Rainbow Papers posts net profit of Rs 46 croreAhmedabad based Rainbow Papers Ltd has registered net profit of Rs 46 crore in the financial year 2011-12 against Rs 37 crore last fiscal.
- Planning to set up subsidiary in Singapore, Dubai and New Jersey: Ajay Goenka, CMD, Rainbow PapersIn an interview with ET Now, Ajay Goenka, CMD, Rainbow Papers Limited, talks about the company's future plans.
- Rainbow Papers to open new plant in Sept,eyes Rs 700cr revenuePaper manufacturer Rainbow Papers on Monday said it hopes to increase revenue to around Rs 700 crore this fiscal.
- Rainbow Papers is the strongest among paper companies: Deepak MohoniIn a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com, talks about paper companies.
- CRISIL Equities assigns fundamental grade 3/5 to Rainbow Papers LtdCRISIL Equities has assigned a CRISIL IER fundamental grade of 3/5 (pronounced three on five) to Rainbow Papers Ltd (Rainbow).
- Cablevision to meet top shareholdersCablevision Systems Corp's top executives and its biggest shareholders are expected to meet next week as part of a campaign to patch up rel...
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