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$The ongoing Binani Cement insolvency case has taken a new twist with the operational creditors (OCs) of the debt-ridden firm terming the Dalmia Bharat offer for their outstanding dues as \pittance\ and rejecting it outright, vowing to fight \tooth-and-nail\.$ Business

Binani Cement OCs reject Dalmia's offer to pay Rs 151-cr dues

The ongoing Binani Cement insolvency case has taken a new twist.

6 April 2018 6:38 PM IST

Chairman of the Aditya Birla Group, Kumar Mangalam Birla. (Photo: PTI)

Kumar Mangalam Birla's remuneration from UltraTech fell 18.8 pc to Rs...

UltraTech had 19,557 permanent employees on its rolls as on March 31, 2019.

21 July 2019 2:31 PM IST

UltraTech Cement, which had a cement production capacity of around 63 million tonnes, had added another 21.2 million tonnes capacity with the acquisition of Jaypees cement plants.

Got letter of intent from lenders to acquire Binani, says UltraTech

The Committee of Creditors of Binani Cement on May 28 approved the resolution Plan submitted by UltraTech Cement.

30 May 2018 7:45 PM IST

$The ongoing Binani Cement insolvency case has taken a new twist with the operational creditors (OCs) of the debt-ridden firm terming the Dalmia Bharat offer for their outstanding dues as \pittance\ and rejecting it outright, vowing to fight \tooth-and-nail\.$ Business

Binani Industries offers to pay 100 pc claims of debtors

Counsel appearing for Binani Industries said the settling of the creditors' claims will bring the company out of...

16 May 2018 12:58 PM IST

BIL denied reports of resolution professional alleging fraud by BIL promoters. (Photo: PTI)

No violation in Rs 7,266 cr bid for Binani Cement under IBC, says...

All the creditors, who are against the bid from the present resolution plan have gone to NCLT.

22 March 2018 11:59 AM IST

The companys board agreed to issue comfort letter to provide Rs 7,266 crore in return for 98.43 per cent stake in BCL.

CCI clears UltraTech's acquisition of Binani Cement

UltraTech Cement will buy loan defaulter Binani Cement's stressed assets by providing Rs 7,266 crore.

28 March 2018 5:24 PM IST

$The ongoing Binani Cement insolvency case has taken a new twist with the operational creditors (OCs) of the debt-ridden firm terming the Dalmia Bharat offer for their outstanding dues as \pittance\ and rejecting it outright, vowing to fight \tooth-and-nail\.$ Business

SC restrains finalisation of Binani Cement asset sale till further...

The top court also said that further proceedings will be subject to its orders.

4 Jun 2018 7:48 PM IST