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FACOR LIQUIDATION
Pioneer Fil-Med files papers with Sebi for Rs 500 cr IPOPioneer Fil-Med Ltd, a railway components maker, is planning an Initial Public Offering. The company aims to raise Rs 500 crore through a m...- Cash-strapped Vedanta closing in on $1.5-$2 billion fund from FarallonThe structure being worked out involves part of the funding, $800-$900 million against corporate guarantees of Vedanta Limited (VDL), Agarw...
- Committee of Creditors to mull, finalize Lavasa takeover bids on MondayLast year a consortium led by Haldiram Snacks and two property developers, namely Pioneer Facor IT Infradevelopers and Sanar Property had e...
- Any move on Facor liquidation only after NCLT rulingFacor’s committee of creditors (CoC) had rejected all resolution plans and conveyed the same to the NCLT on April 2.
- Facor may go into liquidation as creditors reject all resolution plansFacor has been under insolvency resolution process and the 270-day period for insolvency resolution of the company got over on April 2, 201...
- Capital adequacy under Basel IIIThe Reserve Bank of India has initiated the Prompt Corrective Action Plan on eight public sector banks so far.
- There's scope for earnings-led recovery this year: Gautam Sinha Roy, VP-Fund Manager, Motilal Oswal AMCIf commodity prices move up even slightly, their reported profits would move up much sharper.
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