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AB Group reaffirms bet on Voda Idea with ₹4,730 Cr infusionVodafone Idea shareholders approved a ₹4,730-crore investment from the Aditya Birla Group via preferential allotment of warrants, increasin...
JP Power shares soar 20% on optimism around Adani Power’s 24% stake purchaseJaiprakash Power Ventures shares surged on Wednesday, extending gains for a fifth straight session and rising more than 25% during this per...
Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeoverDalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insol...
Adani Power strikes Rs 4,200 crore deal for Jaypee power assets amid group overhaulAdani Power is set to acquire stakes in Jaypee Group's power companies for approximately ₹4,200 crore. This move will boost Adani Power's g...
Aditya Birla Group to invest $500 million in Vodafone Idea as revival signal strengthensAditya Birla Group is injecting ₹4,730 crore into Vodafone Idea (Vi) through a preferential allotment, bolstering the telecom operator's fi...
Vodafone Idea board to weigh fundraise through equity after AGR reliefVodafone Idea board will consider raising funds via equity shares and warrants as sentiment improves after AGR relief and regulatory clarit...
Selection process of bidder for JAL was fair, transparent & not tailor made: Lenders to NCLATLenders defended their decision to select Adani Enterprises as the successful bidder for Jaiprakash Associates, telling the NCLAT that the ...
F1 returning to India? Here's the latest update from Sports MinisterIndia is actively working to bring Formula 1 back by 2027, with the Sports Minister confident about a race at the Buddh International Circu...
Supreme Court refuses to stay Adani’s ₹14,500 cr JAL resolution planThe Supreme Court has declined to halt Adani Group's ₹14,500-crore plan for Jaiprakash Associates. Vedanta's challenge to the resolution pl...
SC to hear Vedanta's stay plea against Adani's Jaiprakash Associates takeoverVedanta, owned by Anil Agarwal, had outbid Adani Group in one of the largest and most keenly tracked insolvency cases in the country. The c...
Vedanta targets doubling $27 billion market cap through five-entity split: ReportVedanta Limited will split into five separate companies next month. Chairman Anil Agarwal believes this move will significantly increase th...
Why Ambani and Jindal see future in debt-laden Future GroupKishore Biyani, founder & CEO of Future Group, faces the decline of his business empire. Heavy debts, a series of acquisitions, and diversi...
Anil Ambani’s Reliance Infra jumps 5% as SC upholds arbitration awardThe company had won an arbitration award of Rs 4,600 crore including interest accrued. The Supreme Court’s verdict will bring the much-need...
Suraksha group gets lenders, homebuyers' approval to buy debt-laden Jaypee InfratechThe 10-day-long voting process on the takeover proposals submitted by NBCC and Suraksha group ended on Wednesday afternoon. More than 98 pe...
Adani group, Suraksha, Sunteck Realty submit EOI to acquire debt-laden HDILHDIL is under corporate insolvency resolution process (CIRP) pursuant to the provisions of the Insolvency and Bankruptcy Code (IBC), 2016.
New Unitech board starts hunt for resolution plannerThe newly constituted board of debt-laden property developer Unitech is looking for an agency to prepare a resolution plan, the modalities ...
NHAI settles NH-21 project with IL&FS for Rs 672 croreThe National Highways Authority of India (NHAI) has settled a road project with Infrastructure Leasing & Financial Services (IL&FS) at Rs 6...
Ravi Uppal to step down as MD, group CEO of JSPLJSPL Group Chairman Naveen Jindal wished Uppal well for its future endeavours and also recognised his efforts for enabling the turnaround o...
Bharat Forge, Sona Koyo competing with Blackstone Group, KKR and DA Capital for Amtek“Bharat Forge and Sona are looking to acquire parts of the auto forging assets, while financial investors are looking to acquire the entire...