Dalmia Bharat draws closer to taking over Birla Tyres
New Delhi: Dalmia Bharat group is set to acquire Birla Tyres after creditors approved their resolution plan that proposes partial repayment of ₹1,100 crore of bank loans of the BK …
insolvency
AMW Motors declared insolvent after Triton’s revival plan falls through
MUMBAI: The National Company Law Tribunal’s (NCLT) Ahmedabad bench has admitted Gujarat-based medium and heavy commercial vehicles maker AMW Motors for liquidation after its successful resolution applicant Triton Electric Vehicle …
Samvardhana Motherson International to obtain assets and shares of Dr Schneider Group entities
Auto components maker Samvardhana Motherson International Ltd announced on Monday that it will acquire the assets and shares of entities belonging to Germany’s Dr Schneider Group, with an overall enterprise …