Latest News on Asset Sale
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Asset Sale - Total results - 12
Sep 24, 2018
Debt resolution: Usha Martin promoters seek clarity on fund use from slump sale to Tata SteelIn one of the largest debt resolution plans outside the NCLT process, the Usha Martin board had on Saturday signed an agreement with Tata Steel to acquire the Kolkata-based steel and wire rope-maker for a cash consideration up to Rs 4,300-4,700 crore.
Jun 28, 2018
If ED, CBI object proposal to sell assets, it'd show agenda beyond dues recovery, says Vijay MallyaIn a series of tweets a day after claiming that he has become the "poster boy" of bank default and a lightning rod for public anger, Vijay Mallya said he will continue to make every effort to settle dues with the bank
Apr 23, 2018
Company law appellate tribunal adjourns hearing on Reliance Infratel asset sale to 2 MayThe National Company Law Appellate Tribunal (NCLAT) on Monday adjourned to 2 May its hearing on the Reliance Infratel petition seeking permission to sell its tower and fibre assets
Apr 09, 2018
Sebi to auction 24 properties of Pancard Clubs on 9 May at reserve price Rs 2,100 crPancard Clubs had mobilised Rs 7,035 crore from 51,55,516 investors from 2002-03 to 2013-14 through its various holiday schemes
Apr 06, 2018
Company law appellate tribunal clears decks for Reliance Communications' full asset saleClearing the decks for the complete asset sales of Reliance Communications, the National Company Law Appellate Tribunal (NCLAT) on Friday vacated stay on its tower and fiber asset sale
Mar 22, 2018
Confident about expeditious completion of asset sale plan, says Reliance CommunicationsDebt-laden Reliance Communications (RCom) on Thursday exuded confidence that its asset monetisation programme will be completed "expeditiously", much ahead of the RBI-prescribed deadline of 31 August
Mar 21, 2018
Anil Ambani-led Reliance Communications gets bondholders' nod for asset sale to Jio for paring debtAnil Ambani-controlled RCom got shareholders’ nod in February to sell its wireless assets to Reliance Jio, the telecom unit of Mukesh Ambani-led Reliance Industries Ltd
Nov 04, 2016
Lenovo returns to profitability in second quarter after asset saleChina's Lenovo Group Ltd, the world's largest personal computer (PC) manufacturer by shipments, on Thursday said it returned to profit in its second fiscal quarter, beating analyst estimates, due primarily to gains from an asset sale.
Jul 17, 2015
Burdened by debt, Air India to sell assets worth nearly Rs 250 crA senior ministry official today said the assets to be sold comprise four flats in Mumbai besides land parcels in Chennai and Coimbatore.
Jan 23, 2015
After Suzlon sale, more distress sales coming as banks toughen stand on duesSelling non-core assets to clean-up the balance sheets, will be a win-win situation for both banks and the companies