Punj Lloyd founder seeks to reclaim company from bankruptcy

Punj Lloyd initially attracted interest from as many as 13 prospective bidders, according to people in the know. These included an arm of the Vedanta group and Welspun. None of them proceeded in making a formal financial bid for the company after carrying out due diligence.

from Banking/Finance-Industry-Economic Times https://ift.tt/37eNt2l