Sanitary ware and glass container maker AGI Greenpac has sought a review of the Supreme Court’s January ruling that quashed the approval of AGI’s resolution plan for the bankrupt Hindusthan National Glass & Industries Ltd (HNGIL), citing failure to obtain prior permission from the Competition Commission of India (CCI). In addition to the review petition…
New Delhi: JSW Neo Energy , a wholly-owned subsidiary of JSW Energy Ltd, is set to acquire renewable energy platform O2 Power at an enterprise value of $1.47 billion. European alternative asset manager EQT and Singapore’s Temasek hold 51% and 49%, respectively, in O2 Power that has a capacity of 4.7 GW renewable energy. They…
The Competition Commission of India (CCI) on Tuesday, November 26, approved private lender Kotak Mahindra Bank‘s proposal to secure Standard Chartered Ltd‘s personal loan book worth ₹4,100 crore. The CCI announced in an official statement that it has approved the “proposed combination involving the acquisition of a standard unsecured personal loans portfolio of Standard Chartered…
