Rumors abound regarding Evergreen Power, KKR, Vertis InvIT, NARCL, and Krafton being at the center of recent news reports
In the world of business, there are several ongoing developments that we'd like to share with you. Let's delve into the current status of some key players in the industry.
Evergreen Power, a company committed to clean energy projects in India, has seen a shift in its Mauritius-based investment arm. BDO has been appointed as the receiver, a common occurrence when creditors make claims on a company. Despite this, Evergreen Power remains active in India, executing major tenders worth 1 gigawatt with various state-backed entities[1][2][3][5].
Moving on to the bidding process for Jaypee Cement and Reliance Infrastructure’s toll road assets, the National Asset Reconstruction Company Limited (NARCL) has submitted bids. However, there is no available update on the current status of these transactions[4].
KKR, a global investment firm, is planning a partial stake sale in Vertis Infrastructure Investment Trust (InvIT). Yet, there is no recent information available on any developments or planned stake sales[6].
Here's a summary of the current status of each topic:
| Topic | Current Status | |--------------------------------------------|-----------------------------------------------------------| | Evergreen Power's Mauritius investment arm| Receiver appointed (BDO) following creditor claims; Evergreen Power continues operations in India[1][2][3][5] | | NARCL's bidding for Jaypee Cement & Reliance Infra toll road | No available update from provided sources | | KKR's partial stake sale in Vertis InvIT | No available update from provided sources |
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Please note that this article does not provide any analysis, commentary, or new information about Evergreen Power, NARCL, KKR, Jaypee Cement, Reliance Infra, or Vertis Infrastructure Investment Trust (InvIT).
[1] Source 1 [2] Source 2 [3] Source 3 [4] Source 4 [5] Source 5 [6] Source 6 [7] Source 7
- In the discussion of financial affairs within the business world, the appointment of BDO as receiver for Evergreen Power's Mauritius-based investment arm signifies a creditors' claim, while Evergreen Power continues its operations in India.
- Furthermore, exploring the finance sector, the present state of NARCL's bidding process for Jaypee Cement and Reliance Infrastructure’s toll road assets remains undisclosed, as there is no available update on the status of these transactions.
