Latest news with #EoIs
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Business Standard
13-05-2025
- Business
- Business Standard
Multiple ARCs express interest in stressed loans of Sahara Hospitality
Once the entities that have submitted EoIs complete their due diligence, binding bids for acquiring the exposure will be invited Subrata Panda Mumbai Listen to This Article Around 17 to 18 expressions of interest (EoIs) have been received for acquiring the ~728.58 crore stressed exposure of a consortium of banks led by Union Bank of India in Sahara Hospitality Ltd, according to people familiar with the matter. The due diligence period has been extended until May 20, after which binding bids will be invited for the acquisition. Multiple asset reconstruction companies (ARCs) including Asset Reconstruction Company (India) Ltd, Phoenix ARC, JM Financial ARC, Edelweiss ARC, among others have given EoIs for acquiring the stressed exposure of the consortium of banks. Other banks in the consortium include UCO
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Business Standard
26-04-2025
- Business
- Business Standard
Invest Kerala Summit: Works on projects worth Rs 4,410 cr to begin in May
Kerala Industries Minister P Rajeev on Saturday said works on 13 projects with a total investment of Rs 4,410 crore through the Invest Kerala Global Summit (IKGS 2025) will commence in May. Noting that these projects were submitted through Expressions of Interest (EoIs) at the IKGS held in February, Rajeev, who also holds Law and Coir portfolios, added in April alone, four projects worth Rs 1670 crore have started. Speaking after launching the web portals--- and he said: "From February to April, 76 projects worth Rs 1,385 crore as part of the reinvestment in ongoing and scaling up of projects related to IKGS are underway." The websites are launched for following up on the EoIs received during IKGS and creating a database of land parcels available in the state for industrial purposes, respectively. IKGS 2025 had received EoIs worth Rs 1.96 lakh crore,according to an official release. The Minister informed that a monthly progress report of the investment proposals that came up at IKGS will be published on the web portal, which will also have real time status updates and other details relating to the follow-up of EoIs. Land owners can upload on the website the details of the land which can be used for industrial purposes, Rajeev said. The website of EoIs will have real time status updates and other details relating to the follow-up of EoIs. The web portal of the database of land parcels will act like a matchmaking website, wherein those willing to make land available for industrial purposes may list their property on the portal, the release added. Investors can access the information through the portal and get in touch directly with the owners and seek acquisition of suitable land. The portal will basically act as a facilitation platform, the release said.
Time of India
26-04-2025
- Business
- Time of India
Invest Kerala Summit: Works on projects worth Rs 4,410 crore to begin in May, says Minister
Kerala Industries Minister P Rajeev on Saturday said works on 13 projects with a total investment of Rs 4,410 crore through the Invest Kerala Global Summit ( IKGS 2025 ) will commence in May. Noting that these projects were submitted through Expressions of Interest (EoIs) at the IKGS held in February, Rajeev, who also holds Law and Coir portfolios, added in April alone, four projects worth Rs 1670 crore have started. Speaking after launching the web portals--- and he said: "From February to April, 76 projects worth Rs 1,385 crore as part of the reinvestment in ongoing and scaling up of projects related to IKGS are underway." #Pahalgam Terrorist Attack India stares at a 'water bomb' threat as it freezes Indus Treaty India readies short, mid & long-term Indus River plans Shehbaz Sharif calls India's stand "worn-out narrative" The websites are launched for following up on the EoIs received during IKGS and creating a database of land parcels available in the state for industrial purposes, respectively. IKGS 2025 had received EoIs worth Rs 1.96 lakh crore,according to an official release. 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo The Minister informed that a monthly progress report of the investment proposals that came up at IKGS will be published on the web portal, which will also have real time status updates and other details relating to the follow-up of EoIs. Land owners can upload on the website the details of the land which can be used for industrial purposes, Rajeev said. Live Events The website of EoIs will have real time status updates and other details relating to the follow-up of EoIs. The web portal of the database of land parcels will act like a matchmaking website, wherein those willing to make land available for industrial purposes may list their property on the portal, the release added. Investors can access the information through the portal and get in touch directly with the owners and seek acquisition of suitable land. The portal will basically act as a facilitation platform, the release said.
