Majority of lenders of IL&FS Tamil Nadu Power Company seal loan recast dealThe master restructuring agreement (MRA) was approved by a majority of lenders last week. This envisages a loan repayment schedule up to Ma...
'IL&FS Tamil Nadu power has Rs 3,000 cr of cash and a hurdle to resolution'Although the broad contours of a restructuring plan have been agreed upon, its implementation hinges on approval from individual lenders as...
IL&FS addresses aggregate debt of Rs 32,000 croreThe total debt of Rs 32,000 addressed comprises of Rs 21,600 crore of debt addressed basis cash balances and nearly Rs 10,300 crore of addi...
IL&FS PMLA case: ED attaches Rs 452-cr worth assets of Singapore shell company"The attached assets are in the form of 8.86 per cent shares of ILFS Tamil Nadu Power Company Limited (ITPCL) presently worth around Rs 452...