A stake in MDH is expected to benefit the consumer goods giant + Recovering dues from Anil Ambani-owned RNRL won’t be easy for Piramal Capital and Housing Finance.
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A late entrant, Bajaj is already the No. 2 player in electric three-wheelers. It is now banking on its ‘Chetak strategy’ to take the lead.
Acquirer JSW Steel and the other parties to the resolution process of the insolvent entity vitiated the sanctity of the bankruptcy code, the apex court found.
The consumer goods giant’s performance has been in a funk for a long time. Fund managers need to stop giving it a long rope.