Nazara’s resolution plan received 99% of the creditors’ vote in a process which was completed earlier this week. The second bidder-a consortium of financial services firm Resurgent India and Sanjay Lodha-did not increase its offer during negotiations with lenders, people cited above said.
Survival Over Hype: The hidden trait that builds long-term wealth
Global markets face inflation and uncertainty. Veteran investor Thomas Russo suggests true company survivors possess a ‘capacity to suffer’. These businesses reinvest for future growth,