Saturday, August 19, 2023

Dalmia Group submits revised debt resolution plan for Birla Tyres

A person familiar with the new plan told ET that group companies of Dalmia Bharat have offered to repay about ₹300 crore of the outstanding loans of Birla Tyres. This is said to be three times their original offer to creditors. Birla Tyres competes in the commercial vehicle and two-wheeler tyres segments.

from Auto-Industry-Economic Times https://ift.tt/yLuSszF

No comments:

Post a Comment

iPhone 18 Pro Series to Feature Variable Aperture Cameras: Ming-Chi Kuo

Apple launched its iPhone 16 lineup two months ago and rumours about the iPhone 17 are already in full swing. However, rumours about the iPh...