IOC acquires Mercator Petroleum for Rs 148 crore financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Indian Oil Corporation (IOC) has acquired Mercator Petroleum for about INR 148 crore in an insolvency proceeding. As per the resolution plan, the company will pay INR 135 crore to secured financial creditors, who had admitted claims of INR 291 crore.
Passenger Service System (PSS) Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025, the passenger service system market was valued at USD 7,765.3 Mn in 2017, and is expected to reach USD USD 18,927.0 Mn by 2025, expanding at a CAGR of 11.8% from 2017 to 2025. Browse Full Report Click Here: http://www.acutemarketreports.com/report/passenger-service-system-pss-market Market Insights For efficient management of an airline front-end operations especially related with passengers requires a suite of solutions known as passenger service system (PSS). The key passenger services provided by PSS solution suite comprises online booking, customer care, reservation, loyalty, and check-in & check-out status.…
Professionals dealing with the resolution process under the Insolvency and Bankruptcy Code (IBC) narrate innumerable malpractices, but usually do not want to be named, since they would be replaced and, later, ostracised by banks who invariably act in concert as secured lenders.