The prospect of reviving Reliance Naval and Engineering Ltd (RNaval), the bankrupt shipyard earlier owned by Anil Ambani’s Reliance Group, under India’s bankruptcy law, has reached a tipping point ...
Reliance Naval and Engineering Limited (NSE:RNAVAL) shareholders will doubtless be very grateful to see the share price up 39% in the last month. But that doesn’t change the fact that the returns over ...
A lenders panel led by IDBI Bank will hire an independent consultant to start commercial negotiations with Hazel Mercantile Limited, Navin Jindal Group, and a consortium of Dubai’s GMS and Turkey’s ...
On December 29, Ahmedabad based special bench of the National Company Law Tribunal (NCLT) approved the resolution plan submitted by Hazel Mercantile Ltd (HML) to acquire Reliance Naval and Engineering ...
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