The company is debt free and received cash of Rs.490 cr. on sale of A.P.Paper mills. In fact Crisil assessed in 2012 and again in March`13. The value of Rs.246 per share obtained after huge discounting of 25% on surplus cash and 60% discount of market value of land. There was no necessity to obtain
2.12 PM Jul 8th
categorizing the sites based on their quality into three buckets and bringing majority of the sites under the AAA category from AA & A categories. Reducing non conforming sites to near zero levels Bearing fruits from the optimum utilization of automation and process improvement initiatives like land & legal
12.21 PM Jul 8th
Company seems tobe turning around with final settlements and may come out of BIFR. Company has 105 Acre land on AB Road at Shajapur which is under DMIC corridor.JSW, Uttam, Bhushan,National Steel all are eying to takeover this unit looking to prime location and surrounding market.
11.32 AM Jul 8th
of asset sales next year? I believe so. I believe the government has enough assets - in terms of land, public sector shares, and airwaves - to sell without losing control for at least through the next three-to four years. After that, I expect the renewed buoyancy in tax revenues to drive growth. Fifth
11.22 AM Jul 8th