Business Wire

Johns Manville to Host Fourth Annual Industrial Masters Course

DENVER--(BUSINESS WIRE)--Johns Manville (JM), a leading global manufacturer of energy-efficient building products and engineered specialty materials and a Berkshire Hathaway company, announced today ...
VCCircle

Reliance Industries, JM Financial ARC bid jointly for Alok Industries

Reliance Industries Ltd said on Thursday it has submitted a joint bid, along with JM Financial Asset Reconstruction Co. Ltd, for debt-laden textiles firm Alok Industries Ltd. The energy-to-telecom ...
The Financial Express

Alok Industries: RIL-JM Financial sole bidder, banks to take huge haircut

A Reliance Industries-JM Financial Asset Reconstruction Company combine is the sole bidder for the bankrupt Alok Industries. (Reuters) Alok Industries reported a net loss of Rs 3,083 crore In 2016-17 ...
The Financial Express

Insolvency process: Alok Industries goes to RIL-JM with big haircut

Banks have taken a huge 83% haircut on the sale of Alok Industries bagged by the Reliance Industries (RIL)-JM Financial ARC combine for just Rs 5,000 crore. The near-bankrupt Alok Industries owed ...
Indiatimes

Officers protest 83% haircut on sale of Alok Inds to RIL-JM Fin

Bank officers are protesting the decision of lenders to accept the Rs 5,050-crore offer for Alok Industries from Reliance Industries-JM Financial combine under the insolvency process. The objection is ...