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IVRCL LIQUIDATION
IVRCL's liquidation process takes a hit after bidder defaults on ₹1,200 crore paymentThe six-year liquidation of IVRCL Ltd has stalled. P Prasad Reddy, the successful bidder, failed to pay Rs 1,200 crore. Lenders have replac...- Hindustan Copper tightens contract eligibility norms post CAG reportHindustan Copper (HCL) has strengthened its contract award criteria following scrutiny from India's Comptroller and Auditor General (CAG). ...
- IVRCL sold for Rs 1200 crore in liquidation to Hyderabad based businessmanIVRCL was pushed into liquidation after lenders rejected two separate resolution plans submitted by Shankar Sharma promoted First Global Fi...
- Construction arm of Essar Group heads towards liquidationThe National Company Law Tribunal (NCLT) is said to be considering liquidation of the company after hearing arguments made by lawyers on be...
- IVRCL up for sale, liquidator invites EoI from biddersThe company is under liquidation as a going concern following an order by the National Company Law Tribunal (NCLT), Hyderabad nench.
- Hind Dorr-Oliver, HDO Tech to be liquidated: NCLTThe NCLT directed the resolution professional Amit Gupta to act as liquidator. All powers of the board of directors will now be vested with...
- Changes in rules suck out liquidity from ASM stocksAccording to BSE, shortlisting of securities is purely on account of market surveillance.
- United India to pay for Kolkata bridge collapse, lives lostSeveral employees of IVRCL were detained following the collapse. The company officials hinted that the bridge might have collapsed due to a...
- Mapping the market: Bad marks for Prabhu, or Chinese shock for Street on expiry day?A 6% fall in Chinese equity benchmarks on fears of a liquidity squeeze weighed on domestic sentiment as did the expiry of the February seri...
- 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...
- Rating downgrade of desalination plant may derail IVRCL’s exit planIndia Ratings cites delay in servicing debts for downgrade; IVRCL, which owns three-fourths of the plant, was planning exit.
- India Ratings downgrades IVRCL desalination project"A one-day default should not change the sales prospects of such lucrative asset. However, one has to see what valuations they can get," sa...
- NSE to drop IVRCL from F&O segmentLeading bourse National Stock Exchange (NSE) today said it will exclude infrastructure major IVRCL Ltd from its derivative segment with eff...
- Trade infrastructure stocks on the short side: Mitesh ThackerComing to the infrastructure pack I think these stocks have been actually beaten down too much and they are slightly oversold.
- IRVL Infra gains from new order, but debt remains a concern: S Ramachandran, IVRCL Infrastructures & ProjectsDebt, yes like anybody else we are under pressure because the cost of debt is increasing day by day, says S Ramachandran, Director-Business...
- Avoid capital goods basket: Shrikant Chouhan"We are just avoiding this basket. Specifically if there is any conviction or as we are expecting the market to trade well in next 2-3 mont...
- IVRCL Infra turnover could go up to 8000 cr in the next 2 years: Dilip Bhat, Prabhudas LilladherDilip Bhat, Joint Managing Director, Prabhudas Lilladher, in a chat with ET Now talks about IVRCL Infra.
- Union Budget 2010: Banking sector to benefit from lower fiscal deficit, says Angel BrokingDinesh Thakkar, CMD, Angel Broking, in a chat with ET Now, says that Budget will benefit banking sector.
- Infra stocks may be upbeat on hopes of higher outlay in BudgetShares of infrastructure-related companies are likely to remain upbeat and provide significant returns to investors, riding on hopes of inc...
- Building cos lose groundLarge institutional investors such Fidelity, BSMA, Templeton Mutual and Goldman Sachs are learnt to have offloaded huge quantities of infra...
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