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.
Gold prices continue to drop amid a strong dollar and US inflation concerns; check rates in your city
Gold prices have dropped by around 6% since Diwali, pressured by a stronger US dollar and rising inflation concerns. The price of 24-carat gold fell