Terms of the request for proposal (RFP) required both offers – by Arena Investors in partnership with Varde Partners, and Shon Randhawa with Viren Shah – to furnish the EMD for the proposals to be considered valid. The administrator, Rajnish Sharma, said that lenders would consider only those plans that comply with the RFP terms.
The development comes amidst an out-of-court debt restructuring proposal given by the company to lenders. However, two trade creditors have filed a petition at the bankruptcy court to admit the company for insolvency proceedings. National Company Law Tribunal has not yet given its verdict on admitting the company for insolvency.
Pandey will be working towards accelerating and augmenting business performance through next generation AI, data and analytics platforms.
He has almost 25 years of experience working as CFO and in other finance leadership roles with global companies including Lenovo, Nike, Nokia, and PepsiCo. He has also been active in the startup ecosystem and is an angel investor/advisor to several early-stage startups in the fintech, social commerce and SaaS sectors.
. Speaking at a panel discussion at the company's global fan event D23 Expo here late Friday, Campbell said that Disney wants to serve its viewers in every market with locally produced stories that resonate with the audience. It will also take the very best of its global brands and IPs across the globe.
In his new role, Khanna will also spearhead several strategic and business development initiatives for the company while steering smooth collaboration across its diverse businesses in India. His position will be key to advancing and strengthening the company's strategic focus in India.
Reliance Infrastructure on 9 September filed an international arbitration claim of Rs 13,400 crore ($1.7 billion) against Adani Transmission Ltd, before the Mumbai Centre for International Arbitration (MCIA). In a regulatory filing, Adani Transmission said it will respond with facts and present its own claims against R-Infra in the arbitration proceedings.
The new appointments will play a significant role as the company advances through key inflection points in the coming year. Krishnan will be instrumental in implementing the firm’s strategy to achieve business expansion and profitable growth while Sandeep will contribute to strengthening the user experience and product design efforts.
