Sale of distressed assets to fetch lenders cash upfront for the first time.

Edelweiss Asset Reconstruction Company has assured that banks led by State Bank of India will not have to take a haircut as they go about r...

The IPO of BSE, which was sold between Jan 23 and Jan 25, was subscribed 51 times in a price band of Rs 805-806 a share. This was the first...

Earlier this month, OPG Power Ventures had proposed to acquire majority stake in Adhunik Power under the strategic debt restructuring (SDR)...

As part of the agreement with lenders, Lanco Anpara (2X600 mw) will be put on sale and the proceeds will be used to complete unfinished pow...

The filing was in response to clarification sought by the bourses on a news item which said that OPG power ventures may buy out Lanco's Ama...

The work on the mega project was started three years ago and around 300 acre land was acquired from private owners in Kutch, he said.

The UK is India's largest G-20 investor and India invests more in the UK than it invests in the rest of the European Union combined.

OPG Power Ventures PLC, a power generation company listed on the London Stock Exchange, will invest Rs 3,000 crore to set up three new proj...

London-based power company OPG Power has earmarked an investment of Rs 3,000 crore to increase over 6-fold its generation capacity by 2014.

More Indian cos to take GDR route on lower timeline for floor price.