State Bank of India (SBI) led consortium, would reportedly be taking over the management of Sai InfoSystem (India), the company which defaulted on its debt payments of worth over Rs 1035 crore. The consortium has roped in Alvarez & Marsal to make ... Indian-Commodity, 2 weeks ago
Raghuram Rajan's fight against loan defaulters faces first test; SBI-led consortium moves to take control of Sai InfoSystem - Economic Times, 2 weeks ago
SBI-led consortium to take control of Sai InfoSystem - Economic Times, 2 weeks ago
MUMBAI: Sree Metaliks, a maker of sponge iron in Odisha, could well be the second company where promoters may end up relinquishing management control over loan default. Agarwals, the founders of the company, face the prospect of losing the company ...Economic Times, 1 week ago
E ssar Energy Plc's said its largest shareholder, Essar Global Fund Ltd, has made a possible offer of 70 pence per share for the 22% stake it does not own in the London-listed oil and gas producer. The proposal outline valued Essar Energy, which is ...VC Circle, 2 weeks ago
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