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Rajesh Kurup on Muck Rack

Rajesh Kurup

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(He/Him)
Mumbai
As seen in: Financial Express, LinkedIn, MSN India, The Indian Express, The Hindu Business Line, Campaign Asia, The Bharat Express News, UK Time News, CryptoNews.Bizlim.com
Covers:  Business and Economy

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Articles

Palguntech offers Rs 560 crore for entire stake, assets of Future Retail

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By Rajesh Kurup Verified
| Financial Express Verified
US-based technology consulting company Palguntech, a bidder for Future Retail (FRL), has offered Rs 560 crore to acquire the entire stake and assets of the beleaguered firm.Further, the firm is also ready to take over all the cases pending against FRL promoters from the resolution professional. This is, however, subject to discussions with the Committee of Creditors (CoC) and the share the lenders agree to give to Palguntech, the US company said in a letter to the administrator.
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Tata Steel UK goes for legal action against union strike

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By Rajesh Kurup Verified
| Financial Express Verified
Tata Steel UK has initiated legal action against an employees’ union, terming a decision to strike as “unilateral” and warned potential early shutdown of operations at the Port Talbot facility.The union, Unite, called for a strike on July 8 in response to Tata Steel’s plans to shut blast furnaces three months earlier than planned. Unite described this move as the latest in a “long line of threats” and asserted that it would not deter them.
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Cement companies make a beeline for ‘strategic’ south

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By Rajesh Kurup Verified
| Financial Express Verified
For Indian cement manufacturers, the compass is pointing southward, with UltraTech Cement now charting the course with the acquisition of a 23% stake in Chennai-based India Cements. The Aditya Birla Group company joins the bandwagon of companies such as Adani Cements — the holding company of Ambuja Cement and ACC, and Shree Cement, which had earlier expanded their presence in the south.
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