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ROLTA PROMOTERS
Jai Corp's Virendra Jain makes highest bid for Rolta IndiaThe company received nine bids mostly ranging between ₹500 crore and ₹700 crore to settle the total debt of the company which amounts to ₹1...
Nine bidders submit plans for Rolta India which owes Rs 14,000 crorePeople aware of the development told ET that resolution plans have come from Rashmi Metaliks, United Biotech, Real Value Infotech Projects,...
A dozen foreign and local entities express interest in Rolta insolvencyThe resolution professional, Mamta Binani, received 12 expressions of interest (EoI) which included eight companies, one Singapore-based fu...
NCLT admits Union Bank's insolvency plea against RoltaUnion Bank had approached the bankruptcy court in February 2020 after the Mumbai-based company defaulted on dues of over ₹1,413 crore to th...
NARCL gives binding offer of Rs 600 crore for Rolta's local debtPromoted by Kamal Singh, Rolta India has an outstanding due of ₹5,712 crore with banks and senior notes (overseas borrowings) of ₹3,382 cro...
NCLT dismisses insolvency resolution withdrawal application of Rolta India promotersOne of Rolta India’s employees had filed a petition under CIRP at the Mumbai bench of the National Company Law Tribunal (NCLT) after the co...
Rolta Power scouts for Chinese partner for solar cell facilityRolta recently made a foray into the sector by setting up a 60 MW photovoltaic modules manufacturing capacity here with an investment of ar...
Rolta Group forays into manufacture of photovoltaic modulesThe Rolta Group plans to offer solutions for solar EPC and rooftop solar projects, solar water pumps, solar telecom tower, among others.
Infosys’ corporate governance raises concernsThe firm, Ambit Capital, notes several developments in recent times that have lowered governance standards at Infosys, and says the market ...
Infosys's corporate governance standards raise concernsInfosys finds itself in a list of companies that a leading brokerage firm categorizes as the 'Underbelly of Indian IT'.
Rolta Promoter to raise stake to 51 per centPromoter holding has been consistently rising from about 40% in June 2006. Singh’s reason for raising his stake is two-fold.
- Rolta promoters revoke pledge on some shares
About 11% of the promoter holding, or nearly 75 lakh shares, are pledged, according to the company's latest filing with the stock exchanges.
- Hexaware cools off as promoters clear air
Analysts are baffled with the erratic movement in shares of Hexaware Technologies Thursday. The stock rose nearly 90 per cent in trade so f...
- Satyam scam prompts companies to come clean
The recent Satyam scam has encouraged more companies to proactively come out with timely divulgence of information, thus calling for tighte...
- Rolta continues to languish; CMD blames market sentiments, Satyam debacle
The stock of Rolta India continued to languish in the red on Wednesday. The stock, which witnessed a 70 per cent fall intra-day on Tuesday,...
- Rolta falls victim to rumour, stock recoups after 70% crash
Rolta became a casualty of market rumours in early trades on Tuesday. The Rolta scrip fell nearly 70% intra-day, before trimming losses to ...
- Three-way Asian Hotels split to unlock value
The proposed three-way split of Asian Hotels seems to be a positive move for its shareholders.