Independent Sugar Corporation Limited completed its acquisition of Hindustan National Glass & Industries Limited. This happened under the I...

Hindusthan National Glass and Industries Limited (HNG) was admitted for insolvency proceedings in October 2021 at the behest of DBS Bank, a...

BDO India detected fraudulent transactions worth Rs 63.34 crore under HNG's former management, involving entities like Rafbrix Internationa...

The Madhvani Group, through INSCO, is set to acquire Hindustan National Glass & Industries Limited after NCLT approval of its ₹2,250 crore ...

Madhvani Group, a Ugandan conglomerate, plans to invest Rs 10,000 crore in India over the next five years, encouraged by the government's p...

Independent Sugar Corp (INSCO), the approved bidder, will present an enhanced resolution plan of ₹356 crore for Hindusthan National Glass t...

INSCO has urged the Committee of Creditors to expedite their bid for Hindustan National Glass following the Supreme Court's nullification o...

The bank had set a Rs 821 crore reserve price on the HNGIL debt, implying a 48% recovery on the total outstanding amount. Nearly half a doz...

CCI has now given a clean chit to INSCO on February 13 through an order dated February 6, 2024, dismissing the allegations leveled by AGI G...

Kotak Mahindra Bank-backed Phoenix ARC and Edelweiss Asset Reconstruction Company are interested in acquiring State Bank of India's loan to...

Lenders had voted for a plan given by AGI Greenpac in October 2022, but due to a series of litigations, the plan is yet to be approved by t...

The company, in a separate exchange filing, announced its resolution to acquire Hindusthan National Glass & Industries. The Insolvency and ...

Nearly 98% of lenders by value voted in favour of the plan presented by AGI Greenpac, earlier known as HSIL Ltd, while 88% of lenders voted...

Madhvani Group had emerged as the highest bidder in the first and the second round offering ₹1,800 crore and ₹1,850 crore, respectively, th...

Nirma Chemicals, makers of detergent soap and cosmetics, South Africa-based Madhvani Group and AGI Greenpac, which owns Hindware sanitary, ...

Africa-based bottle maker Madhvani Group and AGI Greenpac, known as makers of Hindware products, also submitted separate resolution plans f...

Unlike most Western countries, Indians can go to Uganda on a tourist visa and then look for a job as new opportunities are emerging.