NTPC outbids Adani for Avantha’s MP plantNTPC’s offer is the highest on a per-megawatt basis so far to buy out a stressed asset in the power sector.
07 Jan, 2020, 08.56 AM IST
Banks recover ₹6,000 crore in Prayagraj saleFinancial creditors took a 52% haircut on their ₹12,500 cr of loan exposure to the company.
14 Dec, 2019, 10.37 AM IST
GMR, lenders strike first resolution plan for AP plant after quashing of RBI circularUnder the resolution plan, approved by all 12 lenders to the project, the existing debt of Rs 2,353 crore has been brought down to a sustai...
03 May, 2019, 11.22 AM IST
Supreme Court ruling on RBI circular to give tycoons reprieve on $55 billion of bad debtBusiness tycoons in industries will now have more room to negotiate loan repayment.
03 Apr, 2019, 04.40 PM IST
Banks may not take a decision on stressed power plants by October 15In most resolution proceedings, banks have finalised the bidders but could not finalise deals due to resistance from 15-20% lenders.
10 Oct, 2018, 11.30 PM IST
Bank of India puts 45 bad loan accounts worth Rs 8800 crore on saleThe bad loans include those of Essar Steel, Binani Cement, Bhushan Power and GMR Chhattisgarh.
19 Sep, 2018, 10.38 AM IST
Recovery of power loans may be delayedThe RBI, as a regulator, will stick to its guns because this is a regulation that is formed and everyone has to adhere to it.
12 Sep, 2018, 09.31 AM IST
Power companies move HC to get more time to settle with lendersThe high court had in its Aug 27 judgment said any individual having urgency can approach the court with material facts.
08 Sep, 2018, 08.06 AM IST
Lenders will have 15-days to resolve the stressed accounts that come within RBI's Feb 12 circularThe general consensus among bankers and analysts is that majority of the cases would be referred to bankruptcy court due to lack of unanimi...
27 Aug, 2018, 06.05 PM IST
Banks finalising power firms' debt resolution plansLenders are preparing for more than 50% haircut as they race to meet the August-end deadline set by RBI.
15 Aug, 2018, 01.36 PM IST
Lenders to take GMR Chattisgarh and Jindal India Thermal to bankruptcy courtCompanies such as Adani and Vedanta and funds backed by India Resurgence, Edelweiss and KKR have shown interest in acquiring these power co...
24 Jul, 2018, 09.23 AM IST
Power sector NPAs may be resolved soonOf a dozen distressed cos, four to be taken to bankruptcy court and the rest to be put on sale.
24 Jul, 2018, 09.11 AM IST
HCC, Gammon, Jaiprakash Power & others may face renewed pressureBanks are expected to crack the whip on many big borrowers, especially those that owe more than Rs 2,000 crore.
14 Feb, 2018, 08.10 AM IST
Top stocks in focus on 23 October 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
23 Oct, 2017, 07.55 AM IST
Debt-heavy stocks are high risk, high reward bets: Sandeep ShahCompanies could go into liquidation as well, if there is no serious restructuring proposal.
23 Jun, 2017, 03.10 PM IST
Can’t repay Rs 100 crore to bank? Take 200 crore more, Mr DefaulterInvestors bet big on the Narendra Modi regime turning things around, boosting profits. Instead, the regime has piled on misery for companie...
30 Aug, 2015, 11.17 AM IST
- If you are an investor, hold GMR from long-term view: Sandeep Singhal, Emkay Global Financial Services
The issue in these stocks is that they are highly capital intensive projects, asset is very high.
21 Dec, 2011, 01.09 PM IST