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Resolutions Of Binani Cement, Essar Steel Within Rules: Bankruptcy Board
The Ahmedabad bench of NLCT approved the ArcelorMittal's Rs 42,000 crore resolution plan, rejecting the Ruias settlement offer of Rs 54,389 crore.
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Surpreme Court Rejects Petition By Dalmia Group On Bid For Binani Cement
The Supreme Court on Monday dismissed the plea of a Dalmia Bharat Group firm challenging the National Company Law Appellate Tribunal (NCLAT) order allowing rival UltraTech Cement to acquire debt-ridden Binani Cement.
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UltraTech's Bid For Binani Cement Valid, Says Tribunal
Dalmia Bharat and a fund backed by Bain Capital and Piramal Enterprises had bid for Binani Cement.
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Binani Cement Lenders Vote In Favour Of UltraTech Offer
Dalmia Bharat had said it will not revise its offer,which was lower by about Rs 1,100 crore.
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Binani Cement Lenders to Discuss UltraTech Revised Bid On May 9
Revised bid of UltraTech Cement is valued at around Rs 7,900 crore for the debt-laden Binani Cement.
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Binani Industries Moves Supreme Court For Out-Of-Court Settlement With UltraTech
The firm has also asked for termination of insolvency proceedings against Binani Cements.
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Competition Regulator Approves UltraTech's Bid For Binani Cement
The bidding process for Binani Cement was overseen by NCLT.
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UltraTech Offers To Buy The Stressed Binani Cement For Rs 7,266 Crore
The surprise move by UltraTech will be a test case for the new bankruptcy law.
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Binani Cement Says Committed to Paying Taxes
Binani Cement on Saturday said that it is committed to making payment of the liability and is not in any manner trying to default.
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Tribunal adjourns hearing on cement companies' plea against CCI
The Competition Appellate Tribunal today adjourned hearing on the plea of 11 cement companies seeking stay on Rs 6,307 crore penalty imposed by fair trade regulator CCI on the grounds of cartelisation.
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Binani Industries to divest up to 40 per cent stake in Binani Cement
Binani Industries (BIL) today said its Board has given in-principle approval to divest its holding in subsidiary firm Binani Cement by up to 40 per cent.
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CCI probing alleged cartelisation in real estate, pharma, telecom sectors
CCI keeps gathering information on issues related to cartelisation and if prima facie case is found, then it takes up the issue for further investigation, Minister of State for Corporate Affairs R P N Singh informed the Parliament.
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Cement stocks plunge on cartelisation penalty
Eleven cement companies will have to pay in excess of Rs 6,000 crore in penalties.
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CCI order path-breaking; cement firms to face scrutiny ahead: Experts
Commenting on the order, Balbir Singh, Partner, DSK legal said that it is a very big dent to the cement industry.
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Top cement companies fined Rs 6000 crore: 10 facts
The 11 cement firms will have to pay 0.5 times of their profit for the year 2009-10 and 2010-11.
-
Resolutions Of Binani Cement, Essar Steel Within Rules: Bankruptcy Board
The Ahmedabad bench of NLCT approved the ArcelorMittal's Rs 42,000 crore resolution plan, rejecting the Ruias settlement offer of Rs 54,389 crore.
-
Surpreme Court Rejects Petition By Dalmia Group On Bid For Binani Cement
The Supreme Court on Monday dismissed the plea of a Dalmia Bharat Group firm challenging the National Company Law Appellate Tribunal (NCLAT) order allowing rival UltraTech Cement to acquire debt-ridden Binani Cement.
-
UltraTech's Bid For Binani Cement Valid, Says Tribunal
Dalmia Bharat and a fund backed by Bain Capital and Piramal Enterprises had bid for Binani Cement.
-
Binani Cement Lenders Vote In Favour Of UltraTech Offer
Dalmia Bharat had said it will not revise its offer,which was lower by about Rs 1,100 crore.
-
Binani Cement Lenders to Discuss UltraTech Revised Bid On May 9
Revised bid of UltraTech Cement is valued at around Rs 7,900 crore for the debt-laden Binani Cement.
-
Binani Industries Moves Supreme Court For Out-Of-Court Settlement With UltraTech
The firm has also asked for termination of insolvency proceedings against Binani Cements.
-
Competition Regulator Approves UltraTech's Bid For Binani Cement
The bidding process for Binani Cement was overseen by NCLT.
-
UltraTech Offers To Buy The Stressed Binani Cement For Rs 7,266 Crore
The surprise move by UltraTech will be a test case for the new bankruptcy law.
-
Binani Cement Says Committed to Paying Taxes
Binani Cement on Saturday said that it is committed to making payment of the liability and is not in any manner trying to default.
-
Tribunal adjourns hearing on cement companies' plea against CCI
The Competition Appellate Tribunal today adjourned hearing on the plea of 11 cement companies seeking stay on Rs 6,307 crore penalty imposed by fair trade regulator CCI on the grounds of cartelisation.
-
Binani Industries to divest up to 40 per cent stake in Binani Cement
Binani Industries (BIL) today said its Board has given in-principle approval to divest its holding in subsidiary firm Binani Cement by up to 40 per cent.
-
CCI probing alleged cartelisation in real estate, pharma, telecom sectors
CCI keeps gathering information on issues related to cartelisation and if prima facie case is found, then it takes up the issue for further investigation, Minister of State for Corporate Affairs R P N Singh informed the Parliament.
-
Cement stocks plunge on cartelisation penalty
Eleven cement companies will have to pay in excess of Rs 6,000 crore in penalties.
-
CCI order path-breaking; cement firms to face scrutiny ahead: Experts
Commenting on the order, Balbir Singh, Partner, DSK legal said that it is a very big dent to the cement industry.
-
Top cement companies fined Rs 6000 crore: 10 facts
The 11 cement firms will have to pay 0.5 times of their profit for the year 2009-10 and 2010-11.
