Kotak and Karvy propose to acquire distressed Ricoh India

Kotak and Karvy propose to acquire distressed Ricoh India: According to a report, Kotak Investment Advisors and Karvy Data Management Services have bid to acquire distressed Ricoh India with almost Rs 3,000 crore in unpaid dues. The bids are submitted to the committee of creditors led by Deutsche Bank, which will choose the new owner of the company.

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

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