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Patanjali is buying bankrupt Rolta India. Is it for its real estate?

Baba Ramdev-led Patanjali Ayurved has made an all-cash offer of INR830 crore to buy Rolta India. This came just a few weeks after Ashdan Properties INR760 crore offer was declared the highest bidder by the bankrupt companys committee of creditors. So, what piques Patanjalis interest in a defence-focused IT solutions firm? ....

Union Bank , National Company Law Tribunal , Rolta India , Virendra Jain , Ruchi Soya , Rashmi Metaliks Limited , Patanajali Ayurved ,

Calcutta HC turns down ED plea to freeze Rashmi Metaliks' assets

A single judge bench of the Calcutta High Court turned down the plea from the Enforcement Directorate (ED) to freeze the assets of Rashmi Metaliks Limited and also gave a clean chit to the company in a money laundering case filed against it by . ....

West Bengal , Justice Moushumi Bhattacharya , Justice Bhattacharya , Supreme Court , Calcutta High Court , Rashmi Metaliks , Enforcement Directorate , Rashmi Metaliks Limited , High Court ,