Funds are adopting innovative strategies to meet investor demands for higher returns, especially in credit funds, where investments are str...

RattanIndia Power’s shares jumped 19% on Monday as the company announced that it has refinanced its senior debt with a Rs 1,114 crore loan ...

Kotak Strategic Situations India Fund II and Kotak Private Credit Fund have jointly invested INR 732 crore ($107m) in non-convertible deben...

Kotak Strategic Situations India Fund II (KSSF II) and Kotak Private Credit Fund (KPCF), managed by Kotak Investment Advisors Limited (KIAL...

Kotak Mahindra Bank will provide a ₹1,200 crore term loan at 16-17%, which will be used to repay debt raised from Goldman and Varde at 21%,...

The company is regularly engaging with lenders of its subsidiary Sinnar Thermal Power Limited for resolution of the project Plant in light ...

The widening of the consolidated loss in the December quarter was "due to non-operation of Nashik Thermal Power Plant (Sinnar Thermal Power...

"During the last 15 months, RPL has repaid the debt of Rs. 1,219 crore to lenders, including Rs 200 crores as prepayment, even in the face ...

The company’s EBITDA stood at Rs 3,299 crore for nine-month period from April till December 2019.

UCO Managing Director AK Goel said that recovery from four accounts, namely Ruchi Soya, Essar Steel, RattanIndia Power and Prayagraj Power,...

This is the first time NTPC, the country’s largest power producer, has bid for any stressed project, while Gautam Adani-led Adani Power is ...

The lenders would be issued 80,57,24,169 equity shares of face value Rs 10 each of the company.

Shares ended at Rs 1.53 a piece on BSE, down 3.16 per cent on Wednesday.

In September last year, state-run Power Finance Corp filed an insolvency plea against RattanIndia Power, formerly known as Indiabulls Power...

In most resolution proceedings, banks have finalised the bidders but could not finalise deals due to resistance from 15-20% lenders.

Several other stressed power companies may now approach Supreme Court seeking more time to resolve bad loans.

The high court had in its Aug 27 judgment said any individual having urgency can approach the court with material facts.