Meenakshi Group, a Hyderabad-based Realty and Clean Energy Conglomerate has launched its new financial services arm “Meenakshi Alternates (...

Vedanta has been paying hefty dividends over the past few quarters as it looks to support parent UK-based Vedanta Resources, which is curre...

These debentures, with a face value of ₹100,000 each and a quarterly interest payout, were allotted earlier this year, and will mature in M...

The Anil Agarwal company offered ₹1,440 crore against admitted claims of ₹4,625 crore, equating to a 31% recovery, distributed among lender...

In an exchange filing, Vedanta said that Rs 312 crore is set to be paid upfront, while the balance Rs 1,128 crore will be in the form of se...

The resolution professional set a threshold price of ₹1,143 crore - the price at which Vedanta submitted a bid. JPSL had previously offered...

NARCL had offered ₹1,003 crore to purchase the debt last month. If Arcil follows its interest with a serious bid, then NARCL will still hav...

Last month NARCL accelerated the pace of its activities after struggling for over a year to acquire bad loans. It has offered to buy six lo...

Lenders expect to close the transaction by the first week of November. It will involve NARCL acquiring ₹9,234 crore of stressed loans. In t...

The thermal power company promoted by Hemant Kanoria and his family entered corporate insolvency in November 2019. Resolution professional ...

Inordinate delays in debt resolution of the distressed companies in bankruptcy courts and a nudge from the government to provide additional...

India Power would fund the purchase with internal reserves, chairman Hemant Kanoria said. The Engie Group is exiting thermal power operatio...

JSW chief's younger sibling Naveen Jindal has a bigger power portfolio with his group working on 18,000 MW projects.

Regulatory hurdles in the Indian energy sector have forced Singapore’s Sembcorp to drop plans to buy the 55 per cent stake of NCC in NCC Po...

French energy major GDF Suez said it picked up 74 per cent stake in Meenakshi Energy and Infrastructure Holdings Pvt Ltd..

GDF Suez – which is part owned by the French government – will buy a 74% stake in the 1000 MW coastal thermal plant from Meenakshi for arou...

French energy giant GDF Suez is close to buying a power plant owned by a little-known Hyderabad-based company.