Bids News

Companies

Jet Airways creditors wait for takeover bids as deadline looms

The deal will be pivotal for creditors seeking to recover over $1 billion in debt from Jet Airways, which has posted losses in nine of the past 11 yearsCreditors led by SBI had not received any bids for as much as 75% of Jet Airways as of Tuesday

1 min read10 Apr 2019
Companies

States, PSUs invited to bid for Air India building at Nariman Point

Air India had received ₹27,195.21 crore in equity from the government till March 2018Restricting the sale of the Nariman Point building to states and PSUs is likely to limit its valuation

2 min read20 Jan 2019
Sports

IPL 2019 auction: The five Indians who attracted highest bids

The 2019 Indian Premier League auction belonged to uncapped Indians. Here are five of the most expensive Indians to be sold today

2 min read21 Dec 2018
Sports

IPL 2019 auctions: 4 Indian cricketers who can earn big

Here's a look at four players who may spark a bidding war tomorrow

3 min read17 Dec 2018
Market

How Liberty House reneging on payments affects IBC

Lenders would be better off demanding that Liberty House honour payments rather than setting a precedent that allows successful bidders to renege on their commitments

2 min read15 Nov 2018
Industry

India invites bids for strategic oil reserve

Bids to fill Padur strategic petroleum reserves with 19 million barrels of oil will be invited over the next few months

3 min read18 Oct 2018
Politics

Govt invites bids for international Udan flights

Airports Authority of India (AAI) has invited 'e-proposals from international bidders for selection of airlines under IACS Udan, bids could be submitted by 22 November

2 min read14 Oct 2018
Companies

Adani, JNPT likely to bid for acquiring bankrupt Dighi Port

Due to poor hinterland connectivity, the port has so far only started partial operations in its 30 MT capacity

2 min read15 Sep 2018
Companies

NCLT clears Numetal’s Essar Steel bid, puts a rider for ArcelorMittal

ArcelorMittal, in its plea, had challenged its disqualification on grounds that it had exited Uttam Galva before submitting a bid for Essar Steel on 12 February

2 min read7 Sep 2018
Companies

Essar Steel case: NCLAT reserves order on cross petitions by Numetal, ArcelorMittal

NCLAT has asked both Numetal and ArcelorMittal to file written submissions on their disqualification by Monday

2 min read18 Jul 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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