According to a stock exchange statement on Friday, private lender Yes Bank has inked a term sheet with JC Flowers Asset Reconstruction (ARC) for the sale of identified stressed loans of up to Rs48,000 crore.
The letter was awarded through tariff-based competitive bidding followed by an e-Reverse auction.
The company received order from its international clients for supply of diamond studded Jewelry.
The MNRE is considering changes in the bidding structure of the wind energy sector to enable greater capacity addition, a long-standing demand of the industry. ?The e-reverse auction arrangement has in principle been decided to be ended and a forward decision will follow soon,? Mr Chaturvedi, Secretary, Ministry of New and Renewable Energy (MNRE), said. In the renewable energy sector, the mechanism of e-reverse auctions […]
According to a press statement from the bank, Kotak clients can now pay their direct taxes online through the e-pay tax page of the portal using Kotak Net Banking or by going to a branch.
Adani Ports and Special Economic Zone advanced 1.05% to Rs 732.8 after media reports suggested that the companys joint venture with Israels Gadot Chemical Tankers has won an Israel governments tender to buy the Haifa port.
Yes Bank has signed a binding term sheet with JCF ARC LLC and JC Flowers Asset Reconstruction (?JC Flowers ARC?) for strategic partnership in relation to sale of identified stressed loans of the Bank. The term sheet has now become effective as on 15 July 2022. Accordingly, the Bank has decided that the JC Flowers ARC will be base bidder for a proposed sale of […]
L&T Technology Services Ltd clocked volume of 89726 shares by 10:47 IST on BSE, a 4.77 times surge over two-week average daily volume of 18803 shares

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