NCLT admits Future Group affiliate Acute Retail Infra under the insolvency resolution processThe Mumbai bench of National Company Law Tribunal has admitted Future Group's Acute Retail Infra Pvt Ltd for Corporate Insolvency Resolutio...
23 Sep, 2024, 11.29 PM IST
Shree Naman gets NCLT approval to take over Radius InfraNCLT approved Shree Naman's acquisition of Radius Infra Holdings, settling 81% debt. Shree Naman's plan had 100% lenders' vote. JC Flowers ...
04 May, 2024, 12.14 AM IST
State Bank of India raises Rs 10,000 crore via infra bondsThis is the fourth such issuance of infra-related bonds by the bank. The proceeds of bonds will be utilised in enhancing long-term resource...
22 Sep, 2023, 06.59 PM IST
State-run IIFCL to offer innovative infrastructure financing“We are in touch with most multilateral institutions on both getting the innovative products and for our long-term financing needs,” IIFCL ...
05 Feb, 2021, 07.03 AM IST
NCLT rejects Srei plea for ‘creditor’ status in Deccan Chronicle caseThe Kolkata-based infrastructure finance firm had earlier moved the tribunal against the decision of the interim resolution professional te...
14 Dec, 2020, 04.56 PM IST
IFCI Q2 results: Reports net loss of Rs 43 crTotal income increased to Rs 859.10 crore in July-September period of 2020-21 from Rs 709.51 crore in the same quarter of 2019-20, IFCI sai...
11 Nov, 2020, 11.06 PM IST
Three IL&FS group entities enter into pact with secured lendersThis move is in line with the current management's efforts to monetise assets and would also help in repaying debt to mutual funds.
15 Jul, 2019, 06.59 PM IST
Debt respite for Rel Infra and PowerInfra arm inks ICA pact with lenders, power co in deal with US Exim Bank
12 Jul, 2019, 08.01 AM IST
Government steps will stabilise IL&FS, fully back new management: RBIIn a surprise move, govt took control of the crippled IL&FS group whose 358 subsidiaries.
06 Oct, 2018, 11.07 AM IST
RBI says government steps will stabilise IL&FS, fully backs new managementThe regulator is also looking at strengthening the guidelines to avoid situations of asset liability mismatches by non-bank lenders, especi...
05 Oct, 2018, 05.20 PM IST
GTL Infrastructure seeks to intervene in Aircel bankruptcy proceedingsAircel was GTL Infra’s biggest client. In its application, GTL Infra asked for travel restrictions on Aircel’s current directors to be exte...
27 Mar, 2018, 08.52 AM IST
GTL Infrastructure asks Delhi HC to block Aircel debt rejigThe matter could hinder the telecom operator’s talks with Indian lenders to restructure debt of Rs 15,500 crore, which is key to its surviv...
24 Jan, 2018, 11.20 PM IST
Do infra bonds look inferior to investors?To encourage the issue of infra bonds, the RBI had given banks a sweetener in the form of exemptions from mandatory reserve requirements.
26 Nov, 2015, 06.02 PM IST
- GTL Infra lenders in talks on debt restructuring terms
GTL's consortium of lenders includes SBI, ICICI Bank, Standard Chartered, Bank of India, Bank of Baroda and Axis Bank.
24 Aug, 2011, 06.21 AM IST
- Maytas Infra seeks Rs 700-cr additional loan for revival
Maytas Infra, the construction company promoted by Ramalinga Raju’s family, has sought an additional loan of Rs 700 crore from bankers to r...
24 Jun, 2009, 02.59 AM IST
- IDBI, ICICI may stay away from Maytas Infra board
Even as IL&FS and IFCI are eager to nominate representatives to the board of troubled infrastructure company Maytas Infra, large banks like...
20 Feb, 2009, 02.01 AM IST
Raju may lose control of Maytas Infra tooIt has now surfaced that a substantial portion of promoter holding in the company is under pledge with institutional lenders.
10 Jan, 2009, 04.45 AM IST