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Under Ind AS, Financial Statements Will Have A Face Off
April 2017
The power sector in India is highly regulated, with continuing regulator's involvement in pricing, security of supply and extensively capital intensive. Till 1991, the whole infrastructure sector (of which power is a part) was primarily under government ownership, but due to severe foreign exchange crisis and a lack of capital for expanding infrastructure capacity, the Indian government allowed private foreign and Indian investments in the sector.
Suzlons FCCB proposal
August 2014
Suzlon Group, the world´s fifth largest wind turbine maker, has announced that the holders of each series of its Existing Bonds (due in October 2012, July 2014 and April 2016) have approved the proposed restructuring of the Existing Bonds including the terms
Lenders to consider Suzlon Energy's debt recast
November 2012
Key lenders to Suzlon Energy are considering debt recast of the company after it failed to receive a rollover of FCCB holders. On 11 October, Suzlon Energy said that bondholders have disagreed to rollover $220 FCCB for four months. Santosh Nayak, Deputy Managing Director, State Bank of India, said the current default $220 million is not much considering the company's overall debt profile.
Lenders to consider Suzlon Energy's debt recast
November 2012
Key lenders to Suzlon Energy are considering debt recast of the company after it failed to receive a rollover of FCCB holders. On 11 October, Suzlon Energy said that bondholders have disagreed to rollover $220 FCCB for four months. Santosh Nayak, Deputy Managing Director, State Bank of India, said the current default $220 million is not much considering the company's overall debt profile.
Lenders to consider Suzlon Energy's debt recast
October 2012
Key lenders to Suzlon Energy are considering debt recast of the company after it failed to receive a rollover of FCCB holders. On October 11, Suzlon Energy said that bondholders have disagreed to rollover $220 FCCB for four months.
Lenders to consider Suzlon Energy's debt recast
October 2012
Key lenders to Suzlon Energy are considering debt recast of the company after it failed to receive a rollover of FCCB holders. On October 11, Suzlon Energy said that bondholders have disagreed to rollover $220 FCCB for four months.
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