Sat, Jan 07, 2023
According to PTI sources, the Ahmedabad-based Torrent Group is offering to pay the entire bid amount of Rs 8,640 crore as upfront cash while maintaining the Net Present Value (NPV) of Rs 8,640 crore quoted during the auction.
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Sun, Oct 30, 2022
Suitors have raised concerns over the bidding process, including the introduction of 'challenge mechanism', as the resolution process of debt-ridden Reliance Capital Ltd (RCL) enters the final stage.
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