Zhongzhi Enterprise Group, one of mainland China’s largest shadow banks, has warned investors that it is unable to repay its debts, setting off alarm bells in the trust sector which …
New Delhi: Dalmia Bharat group is set to acquire Birla Tyres after creditors approved their resolution plan that proposes partial repayment of ₹1,100 crore of bank loans of the BK …
MUMBAI: The National Company Law Tribunal’s (NCLT) Ahmedabad bench has admitted Gujarat-based medium and heavy commercial vehicles maker AMW Motors for liquidation after its successful resolution applicant Triton Electric Vehicle …
Auto components maker Samvardhana Motherson International Ltd on Monday said it will acquire assets and shares of Germany’s Dr Schneider Group entities at an overall enterprise value of about 118.3 …