Fund manager Pankaj Murarka tends to pick companies with a dominant market shareYou won’t get this opportunity again, he says
4 min read19 Jan 2019The debt funding to Renaissance Group's ongoing Renaissance Industrial Smart City in Bhiwandi, Mumbai, is primarily for aggregation of land and construction finance, says Altico Capital CEO Sanjay Grewal
2 min read5 Nov 2018Renaissance Steel has challenged Vedanta's eligibility to bid for Electrosteel Steels as one of its affiliates in Zambia, Konkola Copper Mines, was found guilty of violating environmental laws in that country
1 min read30 Oct 2018Renaissance's India Next Fund, a multi-cap alternative investment fund, will look to invest in sectors relating to Indian economy such as engineering, capital goods and financials, says founder Pankaj Muraka
2 min read9 Jul 2018Vedanta now holds 90% of the paid-up capital of Electrosteel Steels Ltd and has appointed a new board of directors
1 min read4 Jun 2018The NCLAT, however, reserved its verdict on Vedanta's eligibility to submit a resolution plan for Electrosteel Steels under Section 29A of the Insolvency and Bankruptcy Code
1 min read30 May 2018During the proceedings of NCLAT, Vedanta's advocate says status quo is causing losses to the banks involved
1 min read28 May 2018Renaissance Steel contends that one of the UK subsidiaries of Tata Steel had flouted the UK Health and Safety at Work Act, pursuant to which fines were imposed on it. Hence, it is ineligible under insolvency code
1 min read18 May 2018Renaissance Steel says Vendanta was ineligible to bid for Electrosteel under Section 29A of the IBC as one of its affiliates in Zambia had been found guilty of criminal misconduct
1 min read18 May 2018NCLAT was hearing an appeal moved by Renaissance Steel against an NCLT Kolkata bench approving Vedanta's Rs5,320 crore resolution plan for Electrosteel
1 min read1 May 2018The 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