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Thirty eight workers hurt in Maharashtra's Uttam Galva Metallics plant accident

Thirty eight workers hurt in Maharashtra’s Uttam Galva Metallics plant accident Updated: Updated: February 03, 2021 16:11 IST Wardha district Collector Vivek Bhimanwar told PTI the injured workers were admitted to two nearby hospitals, while those in critical condition were shifted to Nagpur for further treatment. Share Article Wardha district Collector Vivek Bhimanwar told PTI the injured workers were admitted to two nearby hospitals, while those in critical condition were shifted to Nagpur for further treatment. Thirty eight workers were injured, six of them critically, after coming in contact with hot air and coal particles from a furnace at the Uttam Galva Metallics steel plant near Wardha on Wednesday, an official said.

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Hungry for Stressed Assets- Business News

Hungry for Stressed Assets Private equity and stressed asset funds continue to show interest in acquiring value assets undergoing insolvency proceedings despite delays and litigation Illustration by Raj Verma The battle for acquiring Dewan Housing Finance Ltd, the first financial service provider to go through insolvency proceeding, is intensifying with Adani group s last minute revised offer, taking other bidders, also called resolution applicants, by surprise. While others in the race - Piramal Enterprises and foreign distressed asset firms such as Oaktree Capital and SC Lowy - took umbrage at the last-minute change in Adani group s offer and threatened to pull out of the bidding process, Adani hit out at them for using the media to prevent maximisation of value for lenders and depositors.

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