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Dispute arises as resolution professional accepted only Rs 167 crore of claims
On Monday, the stock closed flat at Rs 273 a share, thus, giving a total market valuation of Rs 25,618 crore to the company
"With the war, the chances of a Western company buying a stake in Nayara looks difficult. They may have to look for Indian equity partners," said a banker.
World's largest steel co set to buy Uttam Galva
The genesis of the dispute can be traced to the removal of Mistry as executive chairman of Tata Sons in 2016
In final bids for Boots, billionaires, and owner of UK's retail ASDA Group, Issa Brothers, are in the race with TDR Capital, a British private equity firm, and will be the front-runners.
Mytrah has built over 1,800 MW of assets spread across 17 wind farms and 21 solar farms in several states
The CEO said the smoothness of the execution of such a transaction was a major factor in taking the decision.
Insurer owns shares aggregating Rs 7,000 crore
India-Mauritius treaty allows tax exemption on such agreement, says Swiss company's CEO.
Adani group aiming at 100 mn tonnes per annum combined, from present 70 mn tonnes; both firms to invest with own cash and fresh debt; ACC-Ambuja merger on cards
On a combined basis, this would be among the largest open offers in the history of India's capital markets
Group outbids Ultratech and JSW group to enter the industry and also emerge as the country's second-largest cement manufacturer
India's largest firm in the sector seeks more time from Switzerland's Holcim to make a bid for Ultratech and ACC.
The plan is to build a new highly advanced low-carbon recycling and rolling plant in Bay Minette, Alabama, with initial 600 kilotonnes of finished aluminum goods capacity a year
UltraTech outlines divestiture details that would meet the norms set by Competition Commission of India
JSW Group Chairman offers $7 billion for cement firm
Coastal Gujarat's capacity goes up as Gujarat, Maharashtra buy more power
Century doesn't own 30 acres of land in Worli, it claims to own, says Nusli Wadia in public notice
Swiss cement major's India units facing cement cartelisation probe