Saturday, February 29, 2020

Reliance Industries picks up 37.7% stake in Alok Industries

Reliance Industries picks up 37.7% stake in Alok Industries Reliance had jointly with JM Financial Asset Reconstruction Co Ltd bid for acquiring Alok Industries that was auctioned under the insolvency and bankruptcy law by lenders to recover their unpaid loans.

from Moneycontrol Business News https://ift.tt/2TabjIU
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Oil Price Today (March 25): Oil slips below $100 on rising hopes of Iran war ceasefire. Here’s what experts are saying

Oil prices saw a significant drop as hopes for a ceasefire in the Middle East grew. Reports suggested a U.S. proposal aimed at ending the co...