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SANKALP RECREATION
NCLAT stays order to re-run Rajesh Business' bankruptcy processThe National Company Law Appellate Tribunal has stayed a lower court's order to restart the bankruptcy process for Rajesh Business & Leisur...- NCLT dismisses resolution for Rajesh Lifespaces' hotels business, orders rerunThe NCLT has dismissed the resolution plan for Rajesh Business & Leisure Hotels due to non-compliance and procedural irregularities. Stakeh...
- Congress 'Sultan' of Tukde-Tukde gang: PM ModiPrime Minister Narendra Modi criticized the Congress, calling it the 'Sultan' of the tukde-tukde gang in the INDI-alliance, accusing it of ...
- Nod to DS Group offer for Viceroy Bangalore HotelsThe hospitality company owns the Marriott-managed five-star Renaissance Bengaluru Race Course Hotel, and has around ₹1,100 crore of unpaid ...
- Losing bidder opposes award of Rajesh Lifespaces' hotel unitIn its petition, Sankalp has cited illegality in the process, alleging that the consortium was given a "back door entry" after the initial ...
- Rare-Naman gets the vote for Rajesh Lifespaces' hotel unitThe Rare-Naman Group consortium had offered ₹461 crore upfront in cash with another ₹31 crore in equity, making it the preferred bidder for...
- Rare-Naman leads race for Rajesh Lifespaces' hotel armThe consortium's offer of ₹461 crore upfront with another ₹31 crore in equity in the company is likely to be declared as the top bid by ban...
- Three bidders in close fight for Rajesh LifeSpaces’ hotel businessThe three bidders have offered different plans which will now be evaluated by Resurgent Resolution Professionals, the valuer appointed by b...
- Lenders fix base auction price of ₹305 crore for Rajesh LifeSpaces' hotel businessBidders will have to increase their bids by ₹10 crore in each round with the lowest bids getting eliminated, people familiar with the proce...
- Sankalp top bidder for stressed hotel unit of Rajesh LifespacesBanks received six bids with resolution plans ranging from ₹145 crore to ₹250 crore in the initial round of bidding conducted last month. S...
- Sankalp to foray in food retailingThe Rs 175-crore company will compete with MTR, GITS and McCain in the category as it aspires to make processed food a Rs 300 crore busines...
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