Articles for tag: bankruptcy, corporate, restructuring

Rajiv Sharma

From Adani to Vedanta and Dalmia: Major Company Takes Steps to Acquire

From Adani to Vedanta and Dalmia: Major Company Takes Steps to Acquire

The Indian business landscape is continuously evolving, with notable developments among prominent players in various sectors. Recently, Gautam Adani’s conglomerate, Vedanta led by mining magnate Anil Agarwal, and Dalmia Bharat Cement have submitted their resolution plans through the bankruptcy process. Meanwhile, Yoga guru Ramdev’s Patanjali has chosen to distance itself from these proceedings, suggesting a ...

Rajiv Sharma

Company set to sell soon, shares halted for 4 days, priced at ₹2.91

Company set to sell soon, shares halted for 4 days, priced at ₹2.91

The race to acquire a company on the brink of bankruptcy has entered its final stages, with last bids expected to be submitted by early June. This moment presents a unique opportunity for potential investors to secure ownership of an entity that, despite its financial struggles, may possess valuable assets, intellectual property, or market share ...