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VIZAG STEEL LENDERS
Steel Exchange India gets Rs 350 cr refinancing facility from consortium of lendersSteel Exchange India has secured a Rs 350 crore refinancing facility from a consortium of financial institutions, including Kotak Mahindra ...- SBI board approves RINL recast planSBI's board has approved a restructuring package for Rashtriya Ispat Nigam (RINL), paving the way for other government lenders to follow su...
- Lenders close to finalising recast package for Vizag's RINLBanks, led by SBI, are finalizing a restructuring package for Vizag's Rashtriya Ispat Nigam (RINL) to revive the previously defunct steelma...
- RINL repays overdue loans, comes out of special mention statusBanks with exposure to state-owned Rashtriya Ispat Nigam Ltd (RINL) received relief as the steelmaker cleared its overdue loans in January,...
- Lenders to Vizag Steel form consortium for uniform debt resolutionLenders have formed a consortium led by SBI to create a uniform debt resolution plan for RINL, which has been operating at one-third capaci...
- Rescue package on the cards for MTNL, RINL; committee to take final call on servicing MTNL debt of nearly Rs 8,000 crThe government is considering bailout plans for MTNL and RINL, with discussions involving the finance ministry. A committee will decide on ...
- Vizag Steel Plant misses payment, lenders look for coverGovernment-owned Rashtriya Ispat Nigam Ltd (RINL) missed a payment to lenders due to financial stress, raising alarms among stakeholders. W...
- DIPAM rubbishes media reports of IDBI Bank disinvestment deferment"Reports appearing in a section of the media indicating the possibility of deferment of IDBI Bank disinvestment are misleading, speculative...
- Union Budget 2023-24: Divestment target pegged at Rs 51,000 croreThe Indian government expects to raise Rs 51,000 crore from stake sales in various state-run companies, budget documents released on Wednes...
- PF Chief calls for exempted trusts’ holding in IL&FS armCPFC has taken account of media reports as those PFs are managing people’s money.
- Essar Group, Tatas, ArcelorMittal eye Essar Steel"Essar Group has submitted EoI for Essar Steel. A resolution plan will be submitted to IRP within the scheduled time frame," an Essar Group...
- Top stocks in focus on Monday, 25 September, 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
- Eleven stocks in focus on Tuesday, 10 January 2017State-run Bank of Baroda on Monday reduced home loan rates by 70 basis points to the industry's lowest level of 8.35 per cent that will be ...
- Essar Steel offers fresh equity for debt recastSources said the Ruias of Essar have proposed a fresh equity infusion of Rs 1,500 crore, while converting group loans of Rs 2,850 crore int...
- Rashtriya Ispat Nigam in talks with banks to raise up to Rs 600 cr debtRashtriya Ispat Nigam (RINL) has started discussions with domestic lenders to part-fund its capital expenditure plan for the current financ...
- Plant capacity in Odisha & Andhra Pradesh to expand by November: Firdose Vandrevala, Essar SteelEssar Steel seeks to strengthen its working capital needs by selling assets & raising equity from promoters in addition to dollarising its ...
- RINL to raise Rs 600 crore debt in current fiscalRINL will raise up to Rs 600 crore debt to fund Rs 1,600 crore capex programme for the current fiscal, a top company official said today.
- SBI sanctions Rs 2,650 cr loan to RINLSBI sanctions Rs 2,650 crore loan to state-run steel maker Rashtriya Ispat Nigam (RINL) for meeting capital expenditure needs.
- RINL ready with Rs 30,000 cr plan to raise capacity to 12 mtpaState-owned Rashtriya Ispat Nigam has now prepared a feasibility report for enhancing it further to 12 mtpa with an investment of Rs 30,000...
- Essar Steel raises Rs 2,600 crore for Odisha projectEssar Steel has raised about 2,600 crore in loan for its new project at Odisha that will integrate its steelmaking process and reduce steel...
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