Authum Investment and Infrastructure, Northern Arc, DMI Housing, Kifs Housing Finance and Omkara Asset Reconstruction Company are among others in fray for the asset, said the people cited above. Authum has given an offer of Rs 750 crore, which includes Rs 450 upfront and remaining staggered over two years, while Northern Arc has offered Rs 625 crore, of which Rs 325 crore is upfront and the remaining will be paid in two years, said the people cited above.
Nifty’s 2 pillars now facing structural headwinds: Ravi Dharamshi’s warning on IT & consumption
His warning carries weight. ValueQuest has been quietly repositioning for months by moving capital away from consumption-oriented exposures and steering clear of IT services entirely,