Reliance Industries Ltd (RIL) and Welspun are the leading contenders to acquire bankrupt SintexIndustries, said people with knowledge of the matter. Gujarat RIL, in partnership with Assets Care & Reconstruction Enterprise (ACRE), has offered a Rs 28.63 billion resolution plan that includes 10% equity to lenders, they said. Reliance Industries-ACRE and Welspun Group unit Easygo … Continue reading Reliance ACRE, Welspun Compete to Buy Sintex Industries