NCLT clears Vedanta’s Rs 3,000 crore offer for Videocon

The National Company Law Tribunal (NCLT) has approved billionaire Anil Agarwal’s Rs 3,000-crore offer for the debt-ridden Videocon Group. The offer by Twin Star Technologies, a company owned by Agarwal, is against the more than Rs 46,000-crore debt of the Videocon Group.

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