Business

Non-public equity owners pull Medall Healthcare out of insolvency

New Delhi: Private equity (PE) owners have pulled medical diagnostics chain Medall Healthcare out of insolvency proceedings after they settled a dispute with one of the company’s creditors over non-payment of dues of ₹3 crore, according to sources in the know.The Chennai-based diagnostics chain, which ranks amongst the largest in southern India…

Published

2 years ago

May 20, 2022

Shrishti

Non-public equity owners pull Medall Healthcare out of insolvency

New Delhi: Non-public equity (PE) owners have faith pulled scientific diagnostics chain Medall Healthcare out of insolvency lawsuits after they settled a dispute and not using a doubt one of many company’s creditors over non-price of dues of ₹3 crore, in step with sources within the know.The Chennai-primarily based fully diagnostics chain, which ranks amongst the most full of life in southern India…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

12 months ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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