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The committee of creditors (CoC) met Monday analysing the bids it had received from Oaktree, SC Lowy, Adani Capital and Piramal Group. It will likely meet on Saturday to take a call on revised bids, three people with knowledge of the matter told ET. Lenders are in favour of negotiating hard with bidders as they aim to maximise value of assets.
NSE-BSE bulk deals: Societe Generale sells stake in Indiabulls HousingIn another transaction, Hill Fort India Fund bought 236,373 shares of Matrimony.com at Rs. 1,110.7 per share through a bulk deal on the NSE.
from Stocks-Markets-Economic Times https://ift.tt/2URsemX
… Read MoreGlaxoSmithKline Pharma Q1 results: Net profit up 9% at Rs 121 croreConsolidated revenue from operations of the company stood at Rs 789.99 crore for the quarter under consideration. It was Rs 648.59 crore for the same period a year ago, it added.
from Stocks-Markets-Economic Times https://if… Read MoreGovt's stake sale in HUDCO opens on Tuesday, floor price at Rs 45 a shareThe government is selling over 5 per cent stake or over 11.01 crore shares, with an option to retain over-subscription of 2.5 per cent or over 5 crore shares, through an offer-for -sale (OFS).
from Stocks-Markets-Economic Ti… Read MoreZensar Q1 results: Net profit up 40% to Rs 101 croreOperating revenue fell 1.2 per cent to Rs 936.8 crore in the reported quarter from Rs 948.5 crore in the corresponding period of the previous financial year, it added.
from Stocks-Markets-Economic Times https://ift.tt/3j6qfU… Read MoreJindal Stainless Q1 results: Co reports PAT of Rs 306 cr; announces Rs 2,150 cr expansion planThe company’s standalone net profit as of the quarter was at Rs 271.4 crore, up 2% quarter on quarter. In the March quarter, the company reported a standalone net profit of Rs 265 crore.
from Stocks-Markets-Economic Times ht… Read More
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