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RAIGARH CHAMPA RAIL
Bankruptcy Court approves Raigarh Champa rail infrastructure’s acquisition by JSW EnergyThe National Company Law Tribunal (NCLT) has approved JSW Energy Ltd’s acquisition of Raigarh Champa Rail Infrastructure (RCRIPL) via the i...- JSW Energy gets CoC nod to acquire Raigarh Champa Rail InfraJSW Energy has received creditor approval for its plan to acquire Raigarh Champa Rail Infrastructure. This entity provides essential rail s...
- Stocks in news: TCS, Infosys, JSW Energy, Bandhan Bank, Waaree RenewableMarkets closed with gains driven by easing geopolitical tensions and renewed FII interest. Accenture's strong revenue, fueled by AI demand,...
- JSW Energy to bid for Raigarh Champa Rail Infra as NCLAT allows fresh biddingThe National Company Law Appellate Tribunal has overturned a decision regarding Raigarh Champa Rail Infrastructure. This allows lenders to ...
- SC revives Adani Power's Rs 27,000 cr bankruptcy resolution for KSK Mahanadi projectThe Supreme Court overturned the Telangana High Court’s order, allowing insolvency proceedings for Adani Power's Rs 27,000-crore bid for th...
- UPPCL's plea may delay KSK Mahanadi resolution processThe Uttar Pradesh Power Corp has filed a writ petition to consolidate insolvency proceedings of KSK Mahanadi and its subsidiaries, potentia...
- KSK lenders to sell company's two arms to Medha Servo DrivesLenders have decided to sell two key ancillary companies of KSK Mahanadi Power to Medha Servo Drives, choosing them over Adani Power, the h...
- NCLT allows fresh round of bidding for KSK MahanadiThe National Company Law Tribunal (NCLT) has allowed KSK Mahanadi Power Company Ltd's committee of creditors (CoC) to invite fresh bids for...
- KSK Mahanadi to NCLT: Change of circumstances calls for fresh biddingKSK Mahanadi Power Company, represented by its Resolution Professional's counsel, informed the NCLT, Hyderabad, on Monday, that new circums...
- KSK Mahanadi likely to undergo fresh biddingThe move will give a chance for a better valuation for the 1,800-MW project, which saw interest from the likes of Adani Power, Jindal Power...
- PM lays foundation stone for redevelopment of 21 train stations in ChhattisgarhPrime Minister Narendra Modi virtually inaugurated and laid the foundation stones for railway projects, including the redevelopment of 21 s...
- KSK Mahanadi lenders may ask NCLT to speed up firm's sale processOn February 6, a requisite majority of KSK Mahanadi lenders passed a resolution to appeal to the National Company Law Tribunal (NCLT) to va...
- Punjab and Sind Bank to sell KSK Mahanadi loans to ARCsPunjab and Sind Bank, frustrated by the delay in resolving KSK Mahanadi Power's corporate insolvency, plans to sell its debt to asset recon...
- World is heaping praise on Indian model of 'Garib Kalyan', says PM ModiPrime Minister Narendra Modi highlighted India's success stories in various fields and emphasized that global organizations are looking to ...
- PM Modi in Madhya Pradesh, Chhattisgarh on Thursday to launch development projectsThe state-of-the-art Bina refinery of the Bharat Petroleum Corporation Limited, which will be developed at a cost of about Rs 49,000 crore,...
- Jammu and Kashmir Bank likely to sell Rs 303 crore KSK Mahanadi Power debt to ASRECThe Swiss challenge auction is scheduled on February 27, according to a notice issued by the bank early this week. If the offer by the ASRE...
- UBI looks to sell KSK Mahanadi, Raigarh Champa debt to ASRECAn offer of ₹828 crore for KSK Mahanadi and ₹38 crore for Raigarh Champa Rail by ASREC last week triggered a Swiss challenge auction, the p...
- State Bank sells distressed KSK Mahanadi loans to Aditya Birla ARC for Rs 1,622 croreThis would be the single-largest distressed loan sale on an upfront payment basis by any bank, equating to a recovery of 42% for the bank. ...
- PowerGrid to commission 1st commercial e-vehicle fast charger next monthThe company is in talks with Hyderabad Metro to install fast chargers at its 24 stations in the city, which can charge an e-vehicle in abou...
- 23 SECR zone stations to have Wi-Fi facilityPassengers will be able to log on to the Wi-Fi service at prominent railway stations of South East Central Railway zone, including Raipur.
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