Gujarat-based Torrent Investments had emerged as the highest bidder with its Rs 8,640 crore in the initial bidding, but a day later the Hinduja Group through IndusInd International submitted a revised bid of Rs 9,000 crore and the same was approved by the lenders in April. Torrent’s appeal against the IndusInd’s RP is pending before the SC.from Banking/Finance-Industry-Economic Times https://ift.tt/JfMcVek
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