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VIDARBHA INDUSTRIES
India's wheat production resilient despite setbacks: Agri ministryIndia's wheat output for the 2025-26 crop year is stable. The agriculture ministry assures resilience despite unseasonal rains and hailstor...
Maharashtra govt clears mega projects of ₹2.56 lakh crore in key sectors like solar, electronics and green energyMaharashtra Chief Minister Devendra Fadnavis approved special incentives for 18 large projects totaling ₹2.56 lakh crore. The investments a...
NCLAT upholds Adani Power's Rs 4k-cr acquisition of Vidarbha Industries PowerThe National Company Law Appellate Tribunal (NCLAT) has confirmed the Mumbai-bench of NCLT's order, which, on June 18, 2025, approved the R...
Old generation should step aside when things start running smoothly: Nitin GadkariAt the Advantage Vidarbha-Khasdar Audhyogik Mahotsav in Nagpur, Union minister Nitin Gadkari passionately urged the youth to step into lead...
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's proposal to acquire Vidarbha Industries Power’s approved by NCLTAdani Power will acquire Vidarbha Industries Power Limited. The National Company Law Tribunal approved the acquisition. Secured creditors h...
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...
Reliance ARC files plea against Vidarbha Industries’ debt saleIn its petition, Reliance ARC has raised concerns over the Swiss Challenge Auction process, according to a lawyer source. The concern is th...
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...
Four bidders give EoIs for Vidarbha power debtVidarbha Industries is a subsidiary of Anil Ambani's Reliance Power. Varde Partners, bidding alongside Aditya Birla ARC, had also offered t...
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...