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axis bank: Anil Ambani-owned Vidarbha Industries moves Bombay High Court against lenders' move to auction company's debt

Banks led by Axis Bank have scheduled a Swiss Challenge auction to sell principal debt of ₹2,569 crore and $27.7 million in overseas currency loans of the distressed power company on August 8. ....

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Anil Ambani-owned Vidarbha Industries moves Bombay High Court against lenders' move to auction company's debt

Anil Ambani-owned Vidarbha Industries moves Bombay High Court against lenders' move to auction company's debt
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Nitin Desai faced financial crunch months before the Covid lockdown

Art director Desai’s ND’s Art World Pvt Ltd was in touch with the NBFC of Edelweiss Group for a one-time settlement and restructuring of the Rs 252-crore loan facility ....

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Vidarbha Industries: Vidarbha Industries' lenders pick CFM as anchor bidder

In the last few weeks, CFM ARC and the promoter have been outbidding each other in making unsolicited offers to the lenders for the distressed thermal power company, as reported by ET on June 22. ....

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Six applicants submit resolution plans for bankrupt Hyatt Regency

Six applicants submit resolution plans for bankrupt Hyatt Regency
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