The administrator has confirmed claims from creditors totaling 23,666 crore, with the highest claim coming from Life Insurance Corporation of India and the second-highest from Yes Bank. By inviting binding bids by September 5 from ARCs, LIC is looking for purchasers for its $3,400 crore debt exposure in Reliance Capital.
The removal of the price cap will have an effect on those who fly.
company may compete with Pepsi and Coca-Cola in the beverage sector as a result of the acquisition of the venerable Campa brand.
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