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Binani Cement

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

Finance

25 January

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to bar ......

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UltraTech forms joint venture with PE-backed firm to boost solar energy capacity

Infrastructure

02 January

UltraTech forms joint venture with PE-backed firm to boost solar energy capacity

UltraTech Cement Ltd has set up a joint venture with a renewable energy company to expand its solar power generation ......

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

General

13 July

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

Indian banks are grappling with nearly $150 billion in bad loans and the National Company Law Tribunal (NCLT) has admitted ......

Stressed assets: UltraTech revises bid for Binani Cement; Videocon faces insolvency

General

08 June

Stressed assets: UltraTech revises bid for Binani Cement; Videocon faces insolvency

As Indian banks grapple with stressed assets worth nearly $150 billion, various branches of the National Company Law Tribunal (NCLT) ......

Binani Cement deal: SC won't intervene 'for now' in Dalmia-UltraTech tussle

Binani Cement deal: SC won't intervene 'for now' in Dalmia-UltraTech tussle

The Supreme Court on Thursday set aside a civil appeal by conglomerate Dalmia Bharat Ltd which had sought a stay ......

Dalmia Bharat says Binani Inds, UltraTech acting together for Binani Cement deal

Dalmia Bharat says Binani Inds, UltraTech acting together for Binani Cement deal

Conglomerate Dalmia Bharat, with presence in cement, on Tuesday wrote to the bankruptcy resolution professional (RP) and committee of creditors ......

NCLT orders Binani Cement's creditors to evaluate UltraTech bid

NCLT orders Binani Cement's creditors to evaluate UltraTech bid

In the latest twist to Binani Cement Ltd’s takeover proceedings, the Kolkata bench of the National Company Law Tribunal (NCLT) ......

NCLT reserves order in Binani Cement insolvency case

NCLT reserves order in Binani Cement insolvency case

The Kolkata bench of the National Company Law Tribunal (NCLT) on Tuesday reserved its order in the case of Binani ......

UltraTech ups offer for Binani Cement; ICICI Lombard leads race for Star Health

General

16 April

UltraTech ups offer for Binani Cement; ICICI Lombard leads race for Star Health

UltraTech Cement has increased its offer to acquire debt-laden Binani Cement to Rs 7,990 crore from the earlier Rs 7,266 ......

ICICI Venture eyes 15% in Porus Labs; Binani Cement seeks end to IBC process

General

06 April

ICICI Venture eyes 15% in Porus Labs; Binani Cement seeks end to IBC process

ICICI Venture, the private equity arm of India’s largest private-sector lender ICICI Bank Ltd, may buy a 15% stake in ......