Mar 08, 2018 01:42 PM IST
Liberty House has emerged as the top bidder for Amtek Auto. In an interview with CNBC-TV18, Sanjeev Gupta, Chairman of Liberty House Group spoke about the latest happenings in his company and sector.
- Feb 26, 2018 10:10 AM IST
In an interview with CNBC-TV18, Sanjeev Gupta, Executive Chairman of Liberty House discussed the highlights of the key Indian assets that they have bid for.
- Dec 05, 2017 11:48 AM IST
The order book for oil and gas business is pretty strong, it is almost 4-5 times last year, said Baba Kalyani, CMD, Bharat Forge.
- Jun 28, 2017 11:24 AM IST
The NPA resolution drive has led to the rise in business for consultants like EY, Deloitte, PWC etc. To explain the process of how the insolvency of a company under IBC takes place, CNBC-TV18 spoke to Abizer Diwanji, Partner & National Leader-Financial Services, EY- India.
- Jun 16, 2017 08:10 AM IST
The RBI has sent bankers the list of 12 stressed accounts that they must resolve through the Insolvency and Bankruptcy Code (IBC).
- Nov 30, 2016 04:02 PM IST
The investors has made a significant investment in the group, said John Flintham, Vice Chairman of Amtek Auto. The company did not disclose name of the investor.
- Oct 04, 2016 09:00 AM IST
Mahindra CIE could be interested in German assets of Amtek Auto which is desperately looking for a buyer to pare its Rs 15,000-crore debt, according to people privy to the two companies. Amtek Auto is also talking to other players in the market, reports CNBC-TV 18.
- Jun 21, 2016 01:57 PM IST
Sebi's view is that ratings cannot be withdrawn if obligations on a rated security are outstanding but the agencies can suspend the rating only in the case of a merger or closure of a company. CARE suspended its rate on Amtek Auto and CRISIL downgraded JPMorgan MF schemes.
- Sep 23, 2015 10:00 AM IST
Believes Amtek is trying to provide confidence to bond holders, says Kishor Kharat MD & CEO at IDBI Bank.
- Sep 10, 2015 01:07 PM IST
In an interview to CNBC-TV18, Hetal Dalal, COO, IIAS, says the shareholders have a good chance of winning a case against the company.
- Sep 09, 2015 11:46 AM IST
About Rs 16,000 crore loans and bonds of Amtek Auto, which provides ancillary parts to Maruti Suzuki, are at stake. The company's rating has been downgraded to C in August, from A + on weak financial fundamentals.
- Aug 21, 2015 10:37 AM IST
In an interview with CNBC-TV18, Executive Director of Bank of Maharashtra R Athmaram says that NPAs in the steel sector are manageable. He expects the bank's NPA situation to improve in coming two quarters.
- Aug 19, 2015 04:13 PM IST
The company also has huge debt on its books, but Gautam Malhotra of Amtek Auto says he is exploring various options to reduce the same and expects to lower it by up to Rs 2,000 crore in the next two years.
- Apr 28, 2015 09:54 AM IST
Amtek Auto, one of India‘s largest auto component maker, will complete the transaction through its overseas subsidiary.
- Jan 19, 2015 01:44 PM IST
The direct exports for the company have gone up from Rs 500 crore to Rs 1000 crore in the2014 and would jump considerably in 2015 too, says John Flintham, Senior MD & CEO of Amtek Auto.
- Oct 10, 2014 11:48 AM IST
The capacity utilisation for the company currently stands at 57 percent, which is likely to go up to 58-59% for the year, says John Flintham, senior MD & CEO, Amtek Auto.
- Jun 28, 2013 12:32 PM IST
Amtek has paid about Rs 110 crore for 51.27 percent in JMT Auto. There will be an open offer for 26 percent, following the government guidelines.
- Nov 24, 2011 03:24 PM IST
Due to the adverse impact of the ongoing crisis in the eurozone, Amtek Auto tells CNBC-TV18 that it has restructured businesses so as to account for the drop in sales.