Kotak Fund in talks to lend Rs 4,000 cr to Bilt Graphic PaperEdelweiss ARC had purchased the debt from the lenders of Bilt Graphic under a 15:85 structure, where it had paid 15% upfront and the remain...
16 Dec, 2024, 06.06 AM IST
NCLAT reserves order in Jaiprakash Associates' appealThe National Company Law Appellate Tribunal (NCLAT) has reserved its order on Jaiprakash Associates Ltd's (JAL) appeal against the National...
04 Nov, 2024, 11.39 PM IST
IDBI Bank seeks ROC help over nominee director dispute with NTADCLIDBI Bank has raised governance concerns over the exclusion of nominee directors from board meetings of New Tirupur Area Development Corpor...
07 Jun, 2024, 08.06 PM IST
IDBI Bank seeks RoC help over board tussle with NTADCLNTADCL had faced financial challenges that led to the restructuring of debt totalling ₹575.34 crore in 2011. As part of the corporate debt ...
02 May, 2024, 06.06 AM IST
Majority of lenders of IL&FS Tamil Nadu Power Company seal loan recast dealThe master restructuring agreement (MRA) was approved by a majority of lenders last week. This envisages a loan repayment schedule up to Ma...
25 Sep, 2023, 02.29 PM IST
JM Fin Asset raises stake in Hotel Leelaventure to 48.8%As part of debt restructuring, JM Financial Asset Reconstruction Co Ltd (JMFARC) had issued a notice for conversion of debt into equity to ...
26 May, 2017, 10.15 PM IST
Lenders discussing debt conversion plan: IVRCLIVRCL Ltd today said its lenders are deliberating on various debt conversion options of the company under the Corporate Debt Restructuring ...
14 Oct, 2015, 08.31 PM IST
Pipavav Defence Q4 net loss at Rs 236.04 crorePipavav Defence and Offshore Engineering Company Ltd today reported a standalone net loss of Rs 236.04 crore for the quarter ended March 31.
30 May, 2015, 07.44 PM IST
IVRCL allots over 1 crore shares to Corporation BankIVRCL Ltd said it has alloted over one crore shares to Corporation Bank under the corporate debt restructuring plan.
31 Mar, 2015, 09.14 PM IST
IVRCL allots first tranche of shares to CDR lendersInfrastructure major IVRCL Ltd today said it has allotted nearly 8.8 crore shares to the Corporate Debt Restructuring (CDR) lenders
05 Dec, 2014, 03.26 PM IST
PSU lenders crack the whip on defaulters, sell off assetsThey have been selling stressed assets to asset reconstruction companies (ARCs) as soon as they realise that restructuring the debt won't w...
23 Apr, 2014, 06.50 AM IST
Debt rejig: 25 lenders may gain control over Lanco InfraTwenty five lenders, both public and private , have secured an option to gain control over Lanco Infra following a corporate debt restructu...
25 Feb, 2014, 10.19 AM IST
Electrosteel Steels implements CDR packageElectrosteel Steels Ltd (ESL) has said it has implemented the company's Corporate debt restructuring (CDR) package before the stipulated ti...
23 Dec, 2013, 06.54 PM IST
Tulip Telecom reports Q1 net loss at Rs 157 croreEnterprise data services provider Tulip Telecom today reported a consolidated net loss of Rs 157.05 crore for the quarter ended June 30, 20...
13 Aug, 2013, 05.43 PM IST
- Air India to raise $1 billion working capital from overseas markets
The move follows the government allowing AI to borrow up to $1 billion annually through the external commercial borrowing (ECB) route.
15 Apr, 2012, 12.03 PM IST
- Air India's Financial Restructuring Plan approved by banks
One of the major highlights of the agreements include conversion of about Rs 10,500 crore of the airline's working capital in to long-term ...
31 Mar, 2012, 02.37 PM IST
- Vishal Retail posts Q4 net profit at Rs 10.47 cr
Vishal Retail Ltd posted standalone net profit of Rs 10.47 crore for the fourth quarter, compared to a loss of Rs 128.92 crore in the same ...
16 May, 2011, 05.24 PM IST