Bharti Airtel offers highest upfront cash for Rcom assets but with riders Upfront cash is often a key factor which creditors evaluate while deciding a winning bidder.Reliance Jio which had last year agreed to buy the assets of Reliance Communications that included its spectrum did not put a bid for the spectrum and real estate assets this time
Bharti Airtel, two others bid for bankrupt RCom’s assets RCom owes debtors ₹86,187.58 crore at a consolidated level.Today was also the last day for bid submission, 10 days after IR professional Anish Niranjan Nanavaty of Deloitte India extended the previous deadline
More than 100 stocks fell 10-50% from September 20; time to buy? Most of the stocks in BSE 500 index have wiped off the gains since September 20 on the backdrop of renewed fear of corporate defaults, PMC crisis & Q2 earnings.
Stocks in the news: NALCO, Reliance Comm, NTCP, Laurus Labs, Tata Comm, RITES, Madhav Infra Central Bank of India | Tata Communications | NALCO | RITES | NTPC and OBC are among stocks which are in news today.