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TWINSTAR TECHNOLOGIES
Stocks in news: Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, Tata MotorsIndian markets experienced profit booking, falling over a percent amidst a weak global trend. Key stocks like Vedanta, Honasa Consumer, IRC...- Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
- NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
- Govt seeks SC nod to claim dues in Videocon insolvency caseThe petroleum ministry has approached the Supreme Court seeking $525.62 million from Videocon Industries, citing unpaid dues under a 1994 P...
- Vedanta company urges SC to dismiss Venugopal Dhoot's appealLenders and the National Company Law Tribunal have approved Twinstar's bid to acquire the Videocon companies for ₹2,962 crore under the Ins...
- SC seeks Twinstar, Videocon RP replies on Dhoot pleaDhoot pleaded before the court that his resolution plan entails a "zero haircut" to lenders and also sought quashing of a National Company ...
- Lenders to Videocon's oil arm to vote on four resolution plansThe resolution professional Pravin Navandar invited lenders to vote on the four plans from March 30.
- Videocon Industries RP invites expressions of interest by February 2Venugopal Dhoot promoted Videocon Industries was admitted for resolution by NCLT in June 2018. It has verified secured creditors’ claims of...
- NCLAT sets aside Twin-star Technologies revival plan for VideoconThe appellate tribunal has ruled in petitions filed by dissenting financial creditors, including Bank of Maharashtra, Small Industries Deve...
- Videocon insolvency: Lenders make U-turn, want fresh bidsTwin-Star Technologies offered Rs 2,962 crore for taking over Videocon Industries. State Bank of India, the leading lender of Videocon Indu...
- Lenders seek to scrap sale of VideoconVedanta’s winning bid to acquire Videocon’s assets through its company Twin Star Technologies is likely to fall through with lenders approa...
- Lead banker SBI wants NCLAT to call fresh bids for VideoconIn yet another twist to the tortuous debt resolution at Videocon Group, lead consortium lender State Bank of India has approached an appeal...
- NCLT raises doubt over confidentiality of liquidation valuation of VideoconThe liquidation value of Videocon Industries and its 12 group companies was Rs 2,568.13 crore and fair value of the assets was Rs 4,069.95 ...
- Videocon insolvency: Creditors to take 96% haircut on dues; NCLT requests increase in pay-out"Out of total claim amount of Rs 71,433.75 crore, claims admitted are for Rs 64,838.63 crore and the plan is approved for an amount of only...
- NCLT approves Anil Agarwal's Twin Star Tech's Rs 3K cr bid for Videocon IndustriesVideocon Industries owes around Rs 31,000 crore to the banks, which also includes interests.
- Videocon lenders approve Twin Star Technologies bid"In the e-voting conducted pursuant to the 19th meeting of the CoC held on November 11, 2020, for which voting process concluded on Decembe...
- Government clears Twin Star Technologies' Rs 9,000 crore FDI proposalAs per the proposal, Twin Star Technologies will get foreign investment up to Rs 9,000 crore (by on or before March 2025) from Twin Star Ov...
- Anil Agarwal's $10 billion LCD plant to start production in 2018Sterlite Technologies, one of Volcan's investments, already has optical fibre manufacturing unit in Aurangabad, Maharashtra.
- Make in India week: Sterlite, Coke, Raymond commit over Rs 21,400 crore in MaharashtraMaharashtra, which is hosting the maiden Make in India Week that started here today, signed agreements of over Rs 21,400 crore with various...
- Anil Agarwal to set up India’s first LCD panel plantVedanta Group's owner Anil Agarwal is setting up the country’s first LCD panel manufacturing plant in Maharashtra with an investment of $10...
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