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    • Bank fights Mallya MCF bid: Will KFA claim another UB firm?

      Bank fights Mallya MCF bid: Will KFA claim another UB firm?

      According to a report in the Business Standard that quoted persons privy to the development, United Bank of India has asked the regulator to reconsider the approval given as the UB-Zuari joint open offer for MCF, as it had identified Mallya‘s now-grounded airlines, Kingfisher, a ‘wilful defaulter‘.

    • Will maintain 35% margins on low ammonia cost: Deepak Fert

      Will maintain 35% margins on low ammonia cost: Deepak Fert

      According to Shailesh Mehta, Deepak Fertilizers will maintain its margins or even perform better than 35 percent if the ammonia prices remain low. The company will explore all the options to increase its stake in MCF as it will be beneficial for both the companies.

    • Saroj Poddar: New king of corporate takeovers?

      Saroj Poddar: New king of corporate takeovers?

      In the past two months, Saroj Kumar Poddar has jumped into two corporate takeover battles. The chairman of Adventz group has been giving sleepless nights to industry veterans like Vijay Mallya, Shailesh Mehta and Om Kothari.

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