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VIDARBHA INDUSTRIES
How Gautam Adani turned Rs 1 lakh crore of stressed asset deals into a mega infrastructure betGautam Adani's ambitious acquisition strategy involves securing over 20 infrastructure deals valued at ₹1 lakh crore, encompassing diverse ...- Textile industry wants 6-month extension for duty-free cotton importsIndia's textile industry requests a six-month extension for duty-free cotton imports beyond October 31. This plea comes as cotton yarn pric...
- Mining sector could contribute USD 500 billion to Indian economy in next 20 years: Maharashtra CM FadnavisIndia's mining sector is projected to contribute half a trillion dollars over twenty years. This vital industry is expected to create three...
- Pidilite sees double-digit volume growth in FY27 despite volatile commodity prices: MD Sudhanshu VatsPidilite Industries expects double-digit volume growth in FY27 and stable earnings. The company implemented price increases to offset risin...
- States conducted over 1.69 lakh raids so far in FY27 to curb hoarding of fertilisers: GovtStates have conducted over 1.69 lakh raids to curb fertilizer malpractices. 270 FIRs have been registered against defaulters for these viol...
- Poor application of norms cause of accidents at explosives and ammunition making units: SecretarySafety lapses in India's explosives sector stem from poor enforcement of existing standards. Accidents must be eliminated, not just reduced...
- GAIL, RCF ink pact for gas-based fertiliser plant in VidarbhaGAIL and Rashtriya Chemicals and Fertilizers have signed an agreement for a joint venture. This collaboration aims to establish a new gas-b...
- ET Make in India SME Regional Summits: Vidarbha's industrial awakeningRegion's MSME ecosystem primed for takeoff as infrastructure boom, policy support, and diversification transform Maharashtra's heartland in...
- Adani Power gets letter of intent to acquire Vidarbha Industries PowerAdani Power has been given the green light by the committee of creditors to acquire Vidarbha Industries Power Ltd, which operates a 600 MW ...
- CFM ARC invokes corporate guarantee issued by Reliance Power for Vidarbha Industries PowerReliance Power has disputed the amount claimed by CFM and added that the value of assets is sufficient to recover the money. Last month, CF...
- CFM ARC raises offer for Vidarbha Industries"In a meeting held today lenders asked CFM ARC to improve the bid amount to ₹1,265 crore from ₹1,220 crore and close the transaction," said...
- Lenders look to close deal for loans of Vidarbha IndsA division bench of the court had on August 2 told the lenders not to declare the winner of the Swiss auction until the next hearing schedu...
- Anil Ambani-owned Vidarbha Industries moves Bombay High Court against lenders' move to auction company's debtBanks led by Axis Bank have scheduled a Swiss Challenge auction to sell principal debt of ₹2,569 crore and $27.7 million in overseas curren...
- Aditya Birla ARC, Reliance ARC & Arcil in shortlist for Vidarbha IndsLenders of Vidarbha Industries Power will hold a Swiss challenge auction on August 8 among the three shortlisted asset reconstruction compa...
- Vidarbha Industries' lenders pick CFM as anchor bidderIn the last few weeks, CFM ARC and the promoter have been outbidding each other in making unsolicited offers to the lenders for the distres...
- Vidarbha Industries' lenders to conduct auction by September-endAt the meeting, lenders evaluated three offers - a one-time settlement from the promoter company Reliance Power, and two separate offers fr...
- Reliance Power makes a higher offer to lenders for Vidarbha IndustriesReliance Power and CFM offered upfront cash, while NARCL’s offer is a combination of cash and security receipt. Early this month, CFM ARC i...
- NARCL improves offer for Vidarbha Industries PowerThe offer comes amid a landmark Supreme Court order that dismissed Axis Bank's petition to admit the company into insolvency stating that t...
- IBBI challenges NCLT's order rejecting admission of GTL InfraIBBI's petition is aimed at course correction after the Vidarbha Industries Power case where the Supreme Court struck down the National Com...
- Proposed IBC changes likely to reverse SC's Vidarbha Industries orderThe ministry of corporate affairs on Wednesday proposed that the adjudicating authority must admit an application filed by a financial cred...
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