For instance, promoters of real estate developer sold around 4% few weeks ago.

Banks, with unpaid outstanding loans, have taken over the firms' energy assets, resulting in the liability moving out of GMR's books.

The cash-strapped company managed to reduce its gross debt to Rs 19,856 crore from Rs 37,480 crore.

Under the SDR mechanism, banks can take over distressed companies to whom it had lent by converting full or part of their loans into equity...

"Tenaga has a unique set of expertise. Being a marquee strategic player with decades of experience, it brings world-class best practices to...

Company had clocked net loss after tax, minority interest and share of loss of associates at Rs 891.90 cr in the corresponding quarter of t...

Lenders to GMR Rajahmundry Energy has initiated strategic debt restructuring which will results in banks acquiring majority stake in the co...

Ratnagiri Power, GMR Energy, GVK Power, Lanco Infratech and Sravanthi Energy are among companies that emerged successful with aggressive bi...

This auction will be finalised on the basis of e-bidding results by the EPMC and after that the successful bidders would be awarded gas.

GMR, GVK, Gama and Lanco are among those that have fully bought the entire 7.2 mmscmd gas on offer in a reverse e-auction with a subsidy co...

GMR Infrastructure today reported narrowing of its consolidated net loss to Rs 379.38 crore for the December quarter .

With e-bid RLNG Scheme, the 768MW power plant can now operate at 50 per cent Plant Load Factor (PLF), thereby generating 384 MW.

GMR Energy said its two gas- based plants in AP having a capacity of 1,138 MW will get government subsidy on use of re-gasified liquefied n...

The gas supply will allow the plants to run at 25 per cent capacity during June-September and sell power for Rs.6.14 per unit to distributi...

The highly-indebted GMR Group has debt of 35,000 crore or 3.2 times its balance sheet size at the end of the second quarter.

Three gas-based power projects, developed by Reliance Power, Lanco and GMR in Andhra Pradesh that are ready for regular power generation.

GMR Group said the first unit of subsidiary GMR Rajahmundry Energy Limited's combined cycle power plant at Vemagiri, in Andhra Pradesh, was...