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Dalmia Bharat

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India sees record M&A in 2022 at $152 billion

General

29 December, 2022

India sees record M&A in 2022 at $152 billion

India saw a record level of mergers and acquisitions in 2022, as companies sought to consolidate positions, and enter new ......

Markets lower for second session, IT leads losses

Finance

24 May, 2022

Markets lower for second session, IT leads losses

Markets settled lower for a second straight session on Tuesday, pressured by losses in IT heavyweights, while sugar companies plunged ......

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

General

13 July, 2018

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, 2018

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) ......

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

Infrastructure

09 May, 2018

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

Manufacturing

02 May, 2018

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) ......

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

General

16 April, 2018

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, 2018

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 ......

Dalmia Bharat-Bain Piramal fund inch closer to buying Binani Cement

Infrastructure

16 March, 2018

Dalmia Bharat-Bain Piramal fund inch closer to buying Binani Cement

A consortium of Dalmia Bharat Ltd and a fund formed by private equity firm Bain Capital and Piramal Enterprises Ltd ......

Tatas eye Bhushan Power; Dalmia-Bain Piramal leads Binani Cement buyout race

General

19 February, 2018

Tatas eye Bhushan Power; Dalmia-Bain Piramal leads Binani Cement buyout race

Tata Steel Ltd emerged as the lead contender for the acquisition of Bhushan Power and Steel Ltd, with the debt-laden ......