Educomp extends gain; stock up 10% on debt restructuring plansAfter making a bullish opening, shares of the company further climbed 9.93 per cent to Rs 40.95 -- its upper circuit limit at the BSE.
Educomp surges 10 pc on debt restructuring plansThe restructuring will also allow the company to focus on and strengthen its core operations, Educomp Solutions said.
Educomp Solutions shares hit 10% upper circuit on CDR plansShares of Educomp Solutions were locked at 10% upper circuit after it announced that it has approached CDR forum to restructure its rupee d...
JP Morgan will infuse capital to help SevenHills stay afloatThe private equity arm JP Morgan will infuse capital to keep afloat SevenHills Hospital and convince lenders to restructure its loans.
JP Morgan to help SevenHills stay afloatThe private equity arm of the US bank JP Morgan will infuse capital to keep afloat SevenHills Hospital and convince lenders to restructure ...
- Despite exit by small lenders, banks still prefer CDR cell
Most lenders will continue to be part of CDR forum as a consortium approach gives a lot of comfort over the individualistic route.
- Yes Bank may exit CDR forum as its structure seen biased towards big lenders
Yes Bank has decided to pull out of the corporate debt restructuring mechanism formed to bail out distressed firms.
- Lenders to impose stringent conditions to restructure loans of companies
Bankers are set to impose stringent conditions to restructure loans of companies, particularly if the promoter is found incompetent or has ...
- Care downgrades Bharati Shipyard within days of it being reffered to CDR forum
Within days of SBI referring Bharati Shipyard to CDR forum, rating agency Care has downgraded borrowings of the company.
- Corporate Debt Restructuring: A promising solution turns sour
Factors such as promoters' apathy to agreed terms, long-winding restructuring process and Big Boys dominating the proceedings have taken th...
- IFCI, DCB pull out of corporate debt recast model
IFCI and Development Credit Bank have pulled out of the CDR model blessed by the RBI to bail out distressed firms.
- Subhiksha moves court, seeks trade-off with lenders
Troubled retailer Subhiksha is now knocking the court's doors to save itself from liquidation.
- Bank CEOs still swear by debt recast cell
Bank CEOs have shot down the proposal to wind up the Corporate Debt Restructuring (CDR) forum - a forum set up by banks to resolve bad loan...
- Banks can give second chance to ailing sugar cos
The RBI has allowed banks to give ailing sugar companies a second chance to restructure their loans. So far, a loan can be restructured onl...
- Debt rap
Wilful defaulters can't recast loans with existing lenders.
- RBI allows lenders to recast 'doubtful' loans
The Reserve Bank of India (RBI) has allowed lenders to restructure loans of even those borrowers whose loans were classified as doubtful as...
- Norms for classification of NPA tightened
The Reserve Bank of India has tightened the prudential norms on classification of non-performing assets in line with the recommendations of...