Srei group receives two resolution plans"This is to inform you that the 13th (Thirteenth) meeting of the Consolidated Committee of Creditors of Srei Infrastructure Finance Limited...
Srei group transaction auditor reports about Rs 3,025 cr-fraudThe Srei group companies, which are undergoing corporate insolvency resolution process, came under duress during the Coronavirus-induced lo...
Srei net worth 'fully eroded', but company posts Rs 325 crore consolidated net in Q4The quarterly profit was on account of a rise in recovery of loans, which helped total income to grow, and a sharp fall in expenditure. Tot...
Despite two quarters of profit, Srei group's net worth "fully eroded"The quarterly profit was on account of a rise in the recovery of loans which helped total income to grow and a sharp fall in expenditure. T...
Vedanta, Jindal Power among investors interested in buying Srei firmsThe Srei Group on Wednesday published a provisional list of eligible prospective resolution applicants The list mentioned as many as 14 int...
Trinity Alternative Investments says no illicit transactions with Srei Group entitiesLast week, reports said the RBI-appointed administrator Rajneesh Sharma has moved the Kolkata bench of the National Company Law Tribunal (N...
RBI retains advisory committee on Srei group companiesThe members of the committee are: R Subramaniakumar (Former MD & CEO, Indian Overseas Bank), T T Srinivasaraghavan (Former Managing Directo...
RBI's decision to supersede boards of Srei group cos will prevent domino effect: ExpertsThe National Company Law Tribunal (NCLT) on Friday admitted the insolvency pleas moved by banking sector regulator RBI against the two Srei...
Bombay HC dismisses Srei Group petition against RBI bankruptcy moveA division bench of Justices Ujjal Bhuyan and Madhav Jamdar, after hearing both sides dismissed the petition in an oral order and observed ...
Srei Group Promoters move Bombay HC against RBI insolvency actionSrei group promoters are seeking stay on any insolvency proceedings at group companies Srei Infrastructure Finance Ltd and Srei Equipment F...
Lenders approach RBI after ₹30,000 crore Srei loans turn NPAIn response to a query from ET, a Srei Group spokesperson said the economic downturn and loan moratoriums provided by the regulator had aff...
Srei ratings cut to 'default', legal battle aheadCare Ratings cut the rank to D for a combination of bank loans and debt securities worth Rs 11,828 crore availed by Srei Infra Finance and ...
Why HNI investors are looking to flee Srei Group-issued bondsBond prices plunged pushing yields up. Since November 23, the first working day after the Reserve Bank of India (RBI) ordered a special aud...
Srei Infrastructure files bankruptcy pleas against companies that held Viom sharesThe Srei group was represented by local boutique law firm MKB & Associates, as per a listing on the website of the tribunal. The law firm d...
CLB to hear case of illegal fund routing against SREI group todayThe case, filed by a former group director, claims that I Log Ports was used to route funds to another company, Right Towers.
Srei group consolidates power business"We had earlier reversed the merger of our holding company IPCL into DPSC, the state-owned power distribution company that we took over in ...
- Kanorias to float $1.5-billion fund in Singapore to invest in India
The Kanorias of Srei Group will float a $1.5-billion global fund in Singapore to invest in infrastructure projects in India, South East Asi...