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DEBT RECAST PLAN
'Power' packed move: Cabinet approves Mahavitaran recast, IPO plan, separate agri energy firmMaharashtra's state-owned power distribution firm will be split into two entities under a financial restructuring plan approved by the stat...- Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
- Lenders gear up for IL&FS Jammu tunnel debt recastUnder the proposed scheme, the CNTL debt will be transferred to an infrastructure investment trust (InviT) at ₹5,257 crore - as per an RBSA...
- Lenders to withdraw debt recast if Future Group-RIL deal goes throughBanking sources said the debt recast is actually 'Plan B' to help the nation's largest retailer stay afloat. The recast will kick in only i...
- Religare Finvest submits revised debt recast planThe earlier debt restructuring plan which was put in place and was actually signed off by more than 70% of my lenders and this gives me con...
- Jet Airways defers March salary payment to its 16,000 employeesEarlier, the airline had been delaying the salaries of its pilots, engineers and senior staff since August who have not been paid since Jan...
- Analysts welcome "very belated changes" at Jet AirwaysNarayan Hariharan, who worked over three terms as a senior vice-president in Goyal's office, said a lot will have to be done to make the ch...
- Debt recast plan for Leela Venture in the worksThe company's request may come up at JM Financial's board meeting on Monday and a decision is likely to be made post Diwali, the people sai...
- Everyone on board to resolve discoms mounting debt issue: Piyush GoyalThe issue of burgeoning debt of power distribution companies will be sorted out soon as everybody is on board to resolve it, Power Minister...
- Power Ministry to approach Cabinet for tweaking FRP for some statesThe Power Ministry will soon approach the Cabinet for allowing it to incorporate certain changes in the government's debt recast plan.
- Jharkhand starts unbundling SEB; to apply for discom package soonIn order to avail the Centre-backed FRP for debt-laden power distribution companies (discoms), states have to approach the Ministry of Powe...
- 10 states on board for centre's debt recast plan for discoms: Ministry of PowerAs many as 10 states have come on board to avail of Centre's ambitious financial restructuring scheme for discoms, the Ministry of Power sa...
- Six states agree to debt recast plan of discoms: ScindiaJyotiraditya Scindia said that as many as six states have come forward for the government's ambitious financial rejig plan.
- Decision soon on additional equity infusion in Air IndiaA decision on additional equity infusion in Air India is likely soon with the Civil Aviation Ministry moving a Cabinet note on the matter.
- Government wants common strategy from PSU banks on lending & debt recast plans for 4 troubled sectorsThe government has finally got all state-run banks on board to push a common strategy on lending and debt recast plans for four sectors tha...
- Banks reject Kingfisher Airlines debt recast planLenders fear that a fresh recast will force them to treat the loans as a non-performing asset (NPA), in line with the Reserve Bank of India...
- RBI may clear AI debt-recast planCash strapped Air India might breathe a little easy as the central bank is expected to clear a debt restructuring plan for the airliner by ...
- Wockhardt lenders offer new debt recast planOverseas lenders, led by US-based hedge fund QVT, have proposed an alternative debt restructuring plan whereby they intend to buy a signifi...
- Gati charts debt recast planExpress and logistics service provider Gati will sell part of its assets and dilute promoter holding as part of a financial restructuring p...
- PM okays capital restructuring of NPCAs per the recast plan, the NPC – for the first time ever – will access the debt mkt to mop up low cost funds.
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