)
The sources indicated that Eveready was expecting an enterprise valuation of around Rs 5,000 crore
Lenders were also interested in equity infusion apart from the upfront payment
JSW has an aggressive expansion plan and is on the lookout for smaller downstream units
Non-serious bidders are a cause for concern, but delays have been as much a worry for time-bound resolution of stressed assets under the IBC
Jindal Stainless' major competition is from imports, Vijay Sharma, head of sales said
The Liberty House counsel brought to the attention of the NCLT that the MSTC issues were pending, which would have a material bearing on the present matter
Bhushan Steel fundamentally is a good asset. Our integration process is on course, says Tata Steel CFO Koushik Chatterjee
At least seven resolutions at stake as bidders raise issues
Demand factor in India hasn't changed but it's the global phenomenon taking its toll on India
The borrowing and lending culture in the country appears to have changed for good
Sources pointed to the fact that Spencer's was in talks with multiple players including Alibaba
Spencer's was already in talks with Amazon. Both options were open, sources say
If VTB is allowed to bid solo, then it could be absolved from paying the dues on account of Numetal
The Supreme Court had on October 4 granted time to ArcelorMittal and Numetal to clear dues for NPAs to be eligible to bid for Essar Steel
Tata Steel had signed a definitive agreement with Usha Martin on Saturday for the acquisition of its steel business
Curtains came down on Tata Motor's Nano project in West Bengal on October 3, 2008
The deal would give Tata Steel an opportunity to consolidate its presence in iron ore and coal sector in Jharkhand and leverage its mining capabilities
Informed sources said the resolution would be finally placed before the shareholders for approval
Transaction value is in the range of Rs 43-47 billion
JSW's revised offer stands at Rs 193.5 billion in the second round of bidding, up from Rs 110 billion