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Bharati Shipyard sells wind power business for Rs 55 crore
October 2014
Financially stressed Bharati Shipyard Ltd has sold its wind power business for Rs 55 crore as it embarks on a tortuous and uncertain voyage that could decide whether the firm will overcome the crisis and revive operations, or go down after a failed corporate debt restructuring (CDR) plan. The firm, which was once India´s second-largest private shipyard
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
Infra loans recast of Rs 15.5K cr in Apr-Sep 2012
February 2013
A significant amount of the loan given by banks to infrastructure companies were restructured in Apr-Sep 2012 period because of high interest rates, rise in debt levels among these firms, reports suggest. During this period, loan worth Rs 15,562 crore belonging to infrastructure companies were restructured, data from the corporate debt restructuring (CDR) cell shows.
Infra loans recast of Rs 15.5K cr in Apr-Sep 2012
February 2013
A significant amount of the loan given by banks to infrastructure companies were restructured in Apr-Sep 2012 period because of high interest rates, rise in debt levels among these firms, reports suggest. During this period, loan worth Rs 15,562 crore belonging to infrastructure companies were restructured, data from the corporate debt restructuring (CDR) cell shows.
Green shoots
December 2012
“When there is a will, there is a way”— there can be no better testimony to this adage, than the performance of the county’s ailing power sector. Despite a tumultuous global economy, emerging economies have maintained a mixed performance and growth trend beating industry blues by sheer grit and will.
Green shoots
December 2012
“When there is a will, there is a way”— there can be no better testimony to this adage, than the performance of the county’s ailing power sector. Despite a tumultuous global economy, emerging economies have maintained a mixed performance and growth trend beating industry blues by sheer grit and will.
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