SUBMIT BINDING BID
NBCC, Suraksha Realty asked to submit fresh bids to acquire Jaypee Infratech
In the first round of insolvency proceedings, the Rs 7,350 crore bid of Lakshdeep, part of Suraksha Group, was rejected by lenders. Lenders of Jaypee Infratech will now meet on November 18 to discuss the bids of NBCC and Suraksha Realty, which are expected expected to be submitted by the end of this week.
Committee of creditors extends RCom's asset bid deadline by 10 days
Bharti group and private equity firm Varde Partners have submitted their ...
Ayodhya dispute mediation settlement conditional, can't be binding: SC
The apex court had appointed a mediation panel comprising its former j...
Shiv Sena moves SC against Governor's refusal to give it 3 days to submit letter of support
Shiv Sena, which is trying to form a possible coalition government with the support of the NCP and the Congress, had failed to secure the requisite letters from both the parties. Sena leaders had met Koshyari ahead of the 7:30 PM deadline on Monday to stake the claim to form government. Now the party has filed a petition in the Apex Court.
Coal India Ltd plans binding bids for coking coal assets
In Australia, Coal India has shortlisted some working mines, while in Canada, it is targeting ready-to-produce blocks where exploration, land acquisition and environmental approvals have been completed.
Haldia Petrochem makes fresh bid for Nagarjuna refinery
The offer from Haldia, submitted on October 10, will soon be deliberated by the lenders committee with dues, including interests, exceeding Rs 9,800 crore.
YES Bank received total bids worth $3 billion, says CMD
We are keeping a close watch on our real estate and telecom portfolios, says Ravneet Gill.
MSRDC invites fresh bids for toll operations of Mumbai-Pune E-way
MSRDC had cancelled the Mumbai-Pune Expressway TOT bid process after it received just one bid to collect toll on the arterial motorway for the next 11 years. The agency has invited new bids for a minimum of ₹8,200 crore, with a new deadline of December 16, said two people aware of the development.
Oil block bid round under revamped rules almost flops, gets 8 bids for 7 blocks
The Directorate General of Hydrocarbons said state-owned Oil and Natural Gas Corporation bid for all the seven blocks while Oil India put in an offer for one block at the close of bidding on Thursday. The block in Rajasthan saw competition from ONGC and OIL but the five in Madhya Pradesh and one in West Bengal saw single bids from ONGC, DGH said.
North American family office eyes Yes Bank stake, plans to buy more than a third for $1.2 billion
A North American family office is interested in picking up more than a third of Yes’s shareholding.
NBCC submits revised plan on Jaypee projects to Supreme Court
The Jaypee Group has moved the SC against NCLAT order that barred its parent company Jaypee Associates from bidding for Jaypee Infratech.
Immediate payment of dues may cripple 5G bids by telcos: Fitch Ratings
If the telcos pay the dues immediately, they won't be financially flexible to bid for 5G auction.
Lockheed submits proposal to supply F-21s to Air Force; to source heavily locally if wins bid
The Air Force had sought request for information from vendors from across the world to supply 114 modern fighter planes, in a contract that is pegged at USD 18 billion.
NCLAT gives go ahead to NCLT Mumbai to decide on Adani Ports' bid for Dighi Port
A two-member bench headed by Chairperson Justice S J Mukhopadhaya asked the creditors and the resolution professional of Dighi Port to file a comparative chart giving compatability and feasibility of the plans in two weeks.
Time-bound e-bidding to speed up IBC resolution
Centre aims to quicken resolution proceedings by setting a time limit for financial bids.
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