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DILIP DEBT REPAYMENT
Suzlon Energy rights issue to open tomorrow; stock up 2%As part of the rights issue, the company will issue of 240 crore partly paid-up equity shares of face value of Rs 2 each for cash at a pric...
Suzlon Energy founder Tulsi Tanti passes awayOn his way back home from the Pune airport, Tanti felt uneasy in his car and died even before he could be taken to the hospital. He is surv...
Corporate deleveraging could continue to slowdown bank credit: SBI“We believe such low credit growth was a direct fallout of corporates rapidly deleveraging by repaying high cost loans through funds raised...
Stocks in the news: UCO Bank, Dilip Buildcon, Vodafone Idea, Rail Vikas NigamDilip Buildcon Ltd (DBL) is in talks with large global financial investors to sell seven of its road projects.
Suzlon Energy completes debt restructuring as promoters satisfy capital infusion conditionThe loss making company said that its term debt has been reduced with a lower rate of interest effective July 1 and the balance debt of sec...
SBI-led lenders approve Suzlon's Rs 14,000 crore loan recastThe company and lenders were working on the resolution plan as per the Reserve Bank of India (Prudential Framework for Resolution of Stress...
Suzlon board okays debt rejig plan to convert loans to equityThe wind turbine maker also passed an enabling resolution for conversion of loan and debentures into equity
Wind turbine maker Suzlon Energy plans debt rejig after stake sale failsSuzlon defaulted on loan repayments earlier this year and its loans were categorised as NPAs.
Suzlon Energy bankers stare at haircut on loans in new debt recast planTwo international companies had shown interest at different stages, but both have subsequently pulled out.
Suzlon Defaults on $172 million FCCBsShares are trading much below conversion price of ₹15.46/piece for the FCCB.
Suzlon may default on Rs 1.2K crore FCCBs due JulyThe Pune-based company is facing the liquidity crisis as it has no resolution plan in place.
HG Infra Engineering IPO to hit D-Street on Monday: How it stacks up against Dilip Buildcon, PNC InfraAt the higher end of the price band, the issue is priced at 35.7 times (post-dilution) on FY17.
Dilip Buildcon IPO sees stellar response, subscribed 20 timesThe public issue received bids for 44,37,41,155 shares as against more than 2.13 crore on offer at the close of the issue, generating a sub...
Two IPOs to hit mkts this week; target to mop up Rs 1,100-croreThe bidding for shares in IPO of Dilip Buildcon will be open between August 1-3, while the same for S P Apparels would begin on August 2 an...
College professor arrested for offering to sell his wife on FacebookMali put up a post in Hindi on March 6 on Facebook offering to 'sell' his wife. He also uploaded her and their two-year-old daughter's phot...
Sun Pharmaceuticals founder Dilip Shanghvi in talks to acquire stake in Suzlon EnergyDilip Shanghvi's brother-in-law Sudhir Valia will provide Rs 4,000 crore, which the debt-hit Suzlon will use to meet its working capital ne...
- Alok Inds plans to exit real estate business
Alok Industries, a Rs 3,000-crore integrated textile manufacturer, is looking to exit the real estate business and offload stakes in intern...