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 ...
17 Apr, 2023, 11.27 PM IST
SC seeks responses to Videocon ex-promoters' pleas on bankruptcy lawThe Supreme Court on Friday sought responses from the government and State Bank of India (SBI) on a couple of appeals filed by former promo...
03 Dec, 2022, 12.38 AM IST
View: Strike balance between commercial wisdom and judicial wisdom to minimise haircuts under IBCAs many as 13,170 insolvency cases involving claims of Rs 9 lakh crore are awaiting approval before NCLT and about 71% of these have been p...
23 Nov, 2021, 11.46 AM IST
Strategic investors offer higher value for distress companiesIn as many as 12 large insolvency resolutions where strategic investors were involved, lenders could recover nearly 50% on average, while r...
10 Nov, 2021, 08.25 PM IST
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...
21 Sep, 2021, 10.40 AM IST
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...
20 Sep, 2021, 07.11 AM IST
Timeline for IBC resolution needs to be shortened: Shaktikanta DasReplying to a question on the large haircuts that creditors have taken in some cases recently Das pointed out that the present National Com...
20 Aug, 2021, 07.57 PM IST
NCLAT stays Vedanta’s Videocon resolution planBank of Maharashtra and IFCI had filed a plea opposing the existing plan arguing that the value ascribed to the company was very close to t...
20 Jul, 2021, 07.21 AM IST
NCLAT stays Vedanta's take over of VideoconA two judge bench headed by officiating NCLAT chairman Ashok Iqbal Singh Cheema has stayed the implementation of the resolution plan and ad...
19 Jul, 2021, 06.13 PM IST
Public money being stolen through 80-90 per cent haircuts in NCLT resolution cases, says Harsh GoenkaHis comments come in the backdrop of some insolvency cases being approved recently by the NCLT where creditors took heavy haircuts on their...
22 Jun, 2021, 10.00 PM IST
Patience, competence must in resolutionTo achieve the public policy goal of maximising the value realised from resolution, patience and hard work are called for. The present syst...
17 Jun, 2021, 11.24 PM IST
Amtek Auto, subsidiaries hit upper circuit; here’s whyAmtek Auto is a key supplier to leading auto manufacturers such as Maruti Suzuki and Tata Motors.
20 Feb, 2018, 04.33 PM IST
Deccan Value is top bidder for Amtek AutoAmtek Auto had received two binding bids from Liberty House and Deccan Value.
20 Feb, 2018, 10.55 AM IST
Investors with high risk appetite can look at this theme for high returnsOne can buy shares of acquirers in the firms as NCLT cases could see a 40-70% haircuts.
08 Feb, 2018, 04.33 PM IST
We can now invest in our target emerging markets, says Suzlon Chairman Tulsi TantiOf the Rs 7,200 crore that should be hitting our accounts by March-end this year, around Rs 6,000 crore will be immediately transferred to ...
23 Jan, 2015, 04.00 AM IST
- Repo trade in corporate bonds takes off
Repo trade in corporate bonds has taken off with ICICI Securities Primary Dealership (I-Sec PD) striking the first and the sole deal in the...
02 Dec, 2010, 05.51 AM IST
- Warehousing authority to get top team by Oct
The warehousing authority being set up to make warehouse receipts negotiable and tradeable is likely to get a chairman and two members by O...
02 Jul, 2009, 01.28 AM IST