Page 17 - Dev Chatterjee

Fresh legal battle brews between Dish TV and lenders on board recast

Lenders, who own a majority stake in the company, have called for removal of the existing two-member board of S Aggarwal and Rashmi Aggarwal

NCLT reserves order in Zee Entertainment, Sony India merger case

The NCLT approval is an important legal milestone for the merger scheme to come into effect

Lenders ask SpaceMantra to sweeten Rs 550 cr offer for Future Retail

The lender will have to take a massive 97 per cent haircut on their claims worth Rs 19,400 crore that were admitted against the bankrupt company

Adani Green Energy to raise Rs 12,300 crore to repay debt, boost capex

Banking sources said GQG saw value in Adani companies that have emerged as critical infrastructure developers in India's private sector

Manipal Group likely to inject Rs 1,000 cr into PharmEasy for 18% stake

Omnichannel pharmacy chain in talks to raise ~2,400 cr: if successful, will be first fundraise by a unicorn at a discount

Bombay Dyeing may sell Worli land parcel at Rs 5,000 cr valuation

Japanese conglomerate leads race among the bidders for to land which has a development potential of 2 mn sq ft for commercial purposes, says source

Stelis sells Bengaluru facility to Biocon arm Syngene for Rs 702 cr

Both parties have entered into a binding term sheet to execute the deal whereby Syngene has acquired the unit 3 facility in Bengaluru for Rs 702 crore

Lenders may move NCLT on Reliance Naval & Engineering debt resolution

In talks with Hazel Mercantile to extend the deadline of payment

India Inc's troubleshooter Parekh retires ahead of HDFC, HDFC Bank merger

Parekh led several Indian govt, regulators panels to suggest financial sector reforms

India Inc's fundraising from overseas up 12% to $9.7 billion in H1 2023

Several companies, led by Reliance Industries, raised funds from overseas

M&As in India collapse 76% in H1 2023 on global macros, Hindenburg

In May last year, Adani Group was the major player in M&As by buying Ambuja Cement in a $10.5 billion transaction

Lenders vote in favour of Hinduja offer for bankrupt Reliance Capital

SC decision on Torrent plea key to transaction

Afcons Infrastructure plans to raise up to Rs 8,000 crore through IPO

The group was also planning to sell Gopalpur Port to raise upto $2 billion but the transaction has not materialised so far

GQG Partners invests $1 billion to buy additional stake in AEL, AGEL

Firm had invested $ 2.3 bn in group cos in March; flagship AEL gains over 5%, AGEL ends flat

Promoter entities raise $1 bn by selling shares in Adani Green Energy, AEL

The proceeds will be used by the promoters to pre-pay debt, banking sources said

L&T likely to fuel space exploration plans of Jeff Bezos' Blue Origin

Jeff Bezos-owned firm sourcing engines based on Artemis Accords

Tata Power to sell some overseas assets, may raise up to Rs 2.5K crore

According to sources, the company is in talks to sell its stake in its joint venture Baramulti Suksessarana coal mine in Indonesia this current year

Vedanta likely to sell copper plant in Tamil Nadu for Rs 4,500 crore

VRL has $1.7 billion of short-term investments in various bank deposits, quoted bonds and mutual funds as of March 2023

Sony says it's taking Sebi allegations against Zee promoters 'seriously'

Goenka and Chandra have denied the charges and moved the Securities and Appellate Tribunal (SAT), asking it to stay the order where the matter is pending

Mission 2025: Adani group eyes 90% Ebitda via infrastructure business

Of the infrastructure business, 49 per cent of the profits are currently contributed by energy and utility, another 25 per cent by transport and rest by cement and logistics businesses