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E SUDHIR REDDY
CBI books Hyderabad-based infra firm IVRCL, its MD for alleged bank fraud of Rs 4837cr: OfficialsThe CBI has alleged that the company had availed credit facilities from consortium members and cheated them by not repaying the loan amount.- IVRCL pins hopes on 18 months SDR moratorium to bounce backAt the meeting of joint lenders forum held last Saturday, the lenders have decided to invoke SDR and fixed November 26 as reference date fo...
- IVRCL hopes to cut debt by Rs 2500 crore via asset sale by MarchThe accumulated losses of the company currently stood at Rs 800 crore and has a debt of Rs 6,500 crore on consolidated basis.
- IVRCL rallies over 8% on assets sale plan to pare debtIt has put up Rs 4,000 crore worth of assets for sale and expects to come out of debt burden in the next two years once the sale is success...
- IVRCL puts up Rs 4,000 crore assets for sale to ease debt burdenCorporate Debt Restructuring Empowered Group had earlier approved the company's proposal for a debt recast package of Rs 7,300 crore.
- IVRCL plans to raise Rs 300 crore to fund projects in FY15IVRCL is planning to raise up to Rs 300 crore in two tranches to fund projects during 2014-15, chairman and managing director E Sudhir Redd...
- Kiran Kumar Reddy: A Congress Trojan horse to woo voters in Seemandhra?While AP CM’s supporters say he is fighting for the cause of a united state, others hint he could be a Congress Trojan horse.
- Ailing Infrastructure firm IVRCL knocks on CDR doors for debt revampThe Hyderabad-based construction firm, which underwent two major corporate restructuring exercises in the past few years, has sought more t...
- IVRCL to sell assets including Chennai Desalination Plant and Jalandhar-Amritsar Highway projectInfrastructure major IVRCL plans to sell some more assets as part of its second round of debt-reduction exercise.
- Subhash Chandra's Essel Group to exit infrastructure firm IVRCLEssel Group is stepping away from IVRCL, an infrastructure company in which he expressed a keen interest just a few months ago.
- IVRCL won't bid for new BOT projects after posting Rs 124 crore lossIVRCL, in which the Subhash Chandra-promoted Essel Group acquired a 10.2% stake in March, posted a loss of Rs 124 crore for the extended 15...
- IVRCL chalks out multi-pronged strategy to stay afloat; aims to get back Rs 1,000 cr equityIVRCL has chalked out a multi-pronged strategy that includes a holiday from bidding for new road BOT projects to stay afloat, said chairman...
- Essel Group increases stake in IVRCLEssel Group has bought an additional 55 lakh shares of IVRCL on April 2 and 3, through privately held arms. The IVRCL shares rose by 2.7% t...
- ONGC pays Rs 3,964.35 crore as an interim dividend to the governmentONGC chairman & managing director Sudhir Vasudeva presented a cheque of Rs 3,964.35 crore as an interim dividend to oil minister Jaipal Red...
- IVRCL gears up to sell all infrastructure assetsIVRCL has firmed up a business restructuring programme that includes selling all its infrastructure assets.
- IVRCL aiming to build order book of 20-25 pc from overseas marketThe company said it bagged three projects worth approximately Rs 1,975 crore -- two from Kingdom of Saudi Arabia and one from Nepal.
- IVRCL to buy water tech co in EuropeIVRCL is looking at acquiring an engineering company in Europe that specialises in water technologies for a consideration of around $100 mi...
- IVR Prime IPO opens on July 23IVR Prime Urban Developers Ltd plans to raise up to Rs 849 crore through its initial public offer that opens on July 23.
- IVRCL Group turnover exceeds Rs 2500 cr in 2006-07IVRCL Infrastructures and Projects Ltd (IVRCL) turnover crossed the Rs 2500-crore mark during 2006-07 at Rs 2518 crore, a rise of 47 per ce...
- IVRCL eyes acquisition to foray into oil explorationIVRCL will consider bidding in the seventh round of the National Exploration and Licensing Policy (NELP) programme, provided the acquisitio...
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