Ruia Group
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Essar Steel Insolvency: NCLAT Asks NCLT Ahmedabad To Take Decision By Jan. 31
If NCLT does not pass any order by Jan. 31, then the NCLAT will call the matter itself.
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Ruia Group Chairman Sent To 14-Day Police Custody, Fresh Charges Against Him
Ruia Group chairman Pawan Ruia was today remanded in 14 days' police custody and fresh charges including of criminal conspiracy slapped on him, a day after he was arrested by the West Bengal CID in connection with a complaint of theft lodged by the railways.
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Pawan Ruia Arrested In Connection With Railway Complaint
Pawan Ruia was arrested by West Bengal CID from his New Delhi residence
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Industrialist Pawan Ruia Arrested In Delhi By Bengal CID
Industrialist Pawan Ruia has been arrested by the West Bengal Criminal Investigation Department (CID) this morning from his residence in the national capital. He is being brought to Kolkata for questioning.
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Essar Oil Profit At $244 Million In FY16; Enters UK's Retail Market
Essar Oil UK controlled by the Mumbai-based Ruia family had clocked a net profit of $70 million in the previous fiscal.
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Tyre Corporation of India sale stuck over land dispute
The Centre's decision to sell state-owned Tyre Corporation of India (TCIL) is stuck, with the West Bengal government cancelling the lease for the land belonging to the company.
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HC vacates stay on Dunlop India, orders taking over of its assets
The Calcutta High Court today vacated the interim stay on a trial court winding up order on ailing tyre manufacturer Dunlop India and asked the official liquidator to take possession of the company's assets. The order was passed by a division bench of Justices Asim Kr Banerjee and S K Sinha.
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High Court orders winding up of Dunlop India
The Calcutta High Court today ordered winding up of tyre manufacturing company Dunlop India Limited (DIL), which had set up its first factory at Sahaganj, Uttar Pradesh in 1936.
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Ruia group's stake in Dunlop may decline to 38% from 65%
Promoter holdings led by Pawan Kumar Ruia in Dunlop India will be reduced to 38.53 per cent if the proposal to issue five crore fresh shares to offset a Rs 60 crore inter-corporate loan goes through.
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Ruia Group frontrunner for takeover of Halonix
Kolkata-based PK Ruia Group has emerged as a frontrunner for taking over majority control of light manufacturer Halonix, formerly known as Phoenix Lamps, from PE fund Actis. "There are several proposals which we are evaluating for acquisition, but cannot speak on any specific deal unless finalised," a spokesperson of the Ruia Group, which co...
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Ruia Group acquires two European sealing companies
Ruia Group on Wednesday said it has acquired two European sealing companies, having combined turnover of $570 million and employ about 6,000 workers, for an undisclosed sum. "We have signed binding agreements with Germany-based Meteor Gummiwerke KH Badje GmBH & Co and Turkey-based Standard Profil AS," Ruia Group Chairman Pawan K Ruia said i...
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M&M, Ruia Group among qualified bidders for Ssangyong?
The race for South Korean SUV maker Ssangyong Motor Company is getting into the next lap as the cash strapped SUV specialist has shortlisted six international and domestic companies. The list includes India's largest utility vehicle maker M&M as well as the Ruia group for an acquisition bid worth up to $500 million. “We have been...
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Ruia Group, M&M bid for Korea's Ssangyong?
Dunlop owner Pawan Kumar Ruia on Friday announced that it will be bidding for bankrupt South Korean SUV maker as it wants to be a full-fledged auto company. Ruia said it has a history of turning around sick companies and sees significant value in SSangyong Motor Company. Apart from The Ruia Group, sources say Mumbai-based M&M has also ...
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Essar Steel Insolvency: NCLAT Asks NCLT Ahmedabad To Take Decision By Jan. 31
If NCLT does not pass any order by Jan. 31, then the NCLAT will call the matter itself.
-
Ruia Group Chairman Sent To 14-Day Police Custody, Fresh Charges Against Him
Ruia Group chairman Pawan Ruia was today remanded in 14 days' police custody and fresh charges including of criminal conspiracy slapped on him, a day after he was arrested by the West Bengal CID in connection with a complaint of theft lodged by the railways.
-
Pawan Ruia Arrested In Connection With Railway Complaint
Pawan Ruia was arrested by West Bengal CID from his New Delhi residence
-
Industrialist Pawan Ruia Arrested In Delhi By Bengal CID
Industrialist Pawan Ruia has been arrested by the West Bengal Criminal Investigation Department (CID) this morning from his residence in the national capital. He is being brought to Kolkata for questioning.
-
Essar Oil Profit At $244 Million In FY16; Enters UK's Retail Market
Essar Oil UK controlled by the Mumbai-based Ruia family had clocked a net profit of $70 million in the previous fiscal.
-
Tyre Corporation of India sale stuck over land dispute
The Centre's decision to sell state-owned Tyre Corporation of India (TCIL) is stuck, with the West Bengal government cancelling the lease for the land belonging to the company.
-
HC vacates stay on Dunlop India, orders taking over of its assets
The Calcutta High Court today vacated the interim stay on a trial court winding up order on ailing tyre manufacturer Dunlop India and asked the official liquidator to take possession of the company's assets. The order was passed by a division bench of Justices Asim Kr Banerjee and S K Sinha.
-
High Court orders winding up of Dunlop India
The Calcutta High Court today ordered winding up of tyre manufacturing company Dunlop India Limited (DIL), which had set up its first factory at Sahaganj, Uttar Pradesh in 1936.
-
Ruia group's stake in Dunlop may decline to 38% from 65%
Promoter holdings led by Pawan Kumar Ruia in Dunlop India will be reduced to 38.53 per cent if the proposal to issue five crore fresh shares to offset a Rs 60 crore inter-corporate loan goes through.
-
Ruia Group frontrunner for takeover of Halonix
Kolkata-based PK Ruia Group has emerged as a frontrunner for taking over majority control of light manufacturer Halonix, formerly known as Phoenix Lamps, from PE fund Actis. "There are several proposals which we are evaluating for acquisition, but cannot speak on any specific deal unless finalised," a spokesperson of the Ruia Group, which co...
-
Ruia Group acquires two European sealing companies
Ruia Group on Wednesday said it has acquired two European sealing companies, having combined turnover of $570 million and employ about 6,000 workers, for an undisclosed sum. "We have signed binding agreements with Germany-based Meteor Gummiwerke KH Badje GmBH & Co and Turkey-based Standard Profil AS," Ruia Group Chairman Pawan K Ruia said i...
-
M&M, Ruia Group among qualified bidders for Ssangyong?
The race for South Korean SUV maker Ssangyong Motor Company is getting into the next lap as the cash strapped SUV specialist has shortlisted six international and domestic companies. The list includes India's largest utility vehicle maker M&M as well as the Ruia group for an acquisition bid worth up to $500 million. “We have been...
-
Ruia Group, M&M bid for Korea's Ssangyong?
Dunlop owner Pawan Kumar Ruia on Friday announced that it will be bidding for bankrupt South Korean SUV maker as it wants to be a full-fledged auto company. Ruia said it has a history of turning around sick companies and sees significant value in SSangyong Motor Company. Apart from The Ruia Group, sources say Mumbai-based M&M has also ...
