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AEL will be investing $70 billion in incubating new businesses and at the group level we will be investing close to $107 billion in the next decade, Singh says
Countries seeking their own form of self-reliance, says billionaire in reference to India's Atmanirbharta campaign of economic independence
No interest to enter telecom sector, says Group CFO
Rs 11,000 crore will be invested in green hydrogen and airport projects, Rs 4,100 cr for retiring debt
Jefferies values firm's green hydrogen business at $8 bn
Company goes to NCLT after Hinduja group makes post-auction offer for bankrupt financial services firm
Indian lenders had sent the company, earlier owned by Anil Ambani, for debt resolution in May 2018
Siva group offers Rs 81 cr to lenders
Reliance Capital was sent for debt resolution in November 2021 after it defaulted to loans worth Rs 24,000 crore
The transaction would be worth Rs 2,250 crore taking into account the stock movement today
Decision on second round of auction only after tribunal announces its order
In the September quarter, the company's retail book for the first time crossed Rs 50,000-crore milestone
In the first round, Torrent group emerged as the highest bidder by offering Rs 8,640 crore
The voting was held after the National Company Law Tribunal did not stay the second auction after a petition made by Torrent
Developing infrastructure should be the govt's top priority, says L&T chairman
Lenders will meet on Monday to vote on the proposal
Financial lenders include State Bank of India, Punjab and Sind Bank, Axis Bank, HDFC Bank, Union Bank of India, IDBI Bank, UCO Bank, and Indian Overseas Bank
Move comes after Hindujas' Rs 9,000-cr post-auction offer
During the auction, Hinduja made an offer of Rs 8,110 crore, but raised it to Rs 9,000 crore and offered 100 per cent upfront cash to the lenders
As the top court cancelled all telecom licences in February 2012, Videocon Telecom had to shut shop. It was the beginning of a slide the group could never arrest