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R BALARAMI REDDY
CBI books Hyderabad-based infra firm IVRCL, its MD for alleged bank fraud of Rs 4837cr: OfficialsThe CBI has alleged that the company had availed credit facilities from consortium members and cheated them by not repaying the loan amount.- IVRCL to sell 2 road assets for Rs 725 crThe ailing infrastructure firm has entered into share purchase agreements with Cube Highways to sell entire stake in Salem Tollways and Kum...
- IVRCL promoters stake may brop to below 3 per cent under corporate debt restructuringThe development may be a setback for IVRCL promoters, who had been looking at consolidating their stake in the company by another 10 per ce...
- IVRCL won't bid for new BOT projects after posting Rs 124 crore lossIVRCL, in which the Subhash Chandra-promoted Essel Group acquired a 10.2% stake in March, posted a loss of Rs 124 crore for the extended 15...
- IVRCL chalks out multi-pronged strategy to stay afloat; aims to get back Rs 1,000 cr equityIVRCL has chalked out a multi-pronged strategy that includes a holiday from bidding for new road BOT projects to stay afloat, said chairman...
- IVRCL aims to get back Rs 1,000 crore equity, retire Rs 2,400 crore debtInfrastructure firm IVRCL has chalked out a multi-pronged strategy that includes a holiday from bidding for new road BOT projects to stay a...
- IVRCL shares climb 4.5% on Essel open offer buzzEssel Group may buy 20% more shares in IVRCL through an open offer priced at 110 for a share triggered hectic activity in the stock.
- IVRCL hires Ernst & Young to find buyer for road projectIVRCL Ltd is in talks with a clutch of foreign investors to sell one of its road projects in the southern Indian state of Tamil Nadu
- IVRCL sees high interest costs, to focus on marginsVRCL Infrastructures & Projects Ltd expects its focus on higher-margin segments to help drive profitability for the next few quarters, but ...
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