Search For "debt resolution"
All approvals granted for setting up 'Bad Bank': SBI Chairman
Updated : 4 years, 4 months ago IST
Mumbai [India], January 28 (ANI): State Bank of India (SBI) Chairman Dinesh Kumar Khara said on Friday all the required approvals to set up the National Asset Reconstruction Company or what is popularly called a 'bad bank' has been granted, including by the Reserve Bank of India.
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HCC net loss lowers to Rs 90 crore in Q4
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 23 (ANI): Infrastructure major Hindustan Construction Company (HCC) on Wednesday reported a net loss of Rs 90 crore in the January to March quarter versus a net loss of Rs 212 crore in the same period of previous fiscal.
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Religare Finvest Limited likely to revive its Business by March 2020
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 30 (ANI/NewsVoir): Religare Finvest Limited (RFL), which has been one of the leading SME financing platforms in India with a peak loan book of Rs 16,000 crore (Cr) has said today that the company is looking forward to completing the entire process of the DR plan with t
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No fraud, fund diversion at Reliance Home Finance: Forensic auditor
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): Reliance Housing Finance Ltd's (RHFL's) forensic auditor Grant Thornton has not recorded any adverse findings on 11 parameters, including any diversion or siphoning of funds, embezzlement, falsification of accounts and fraudulent transactions by pr
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Suzlon Energy denies reports of filing for bankruptcy, stock dives by 9 pc
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sep 30 (ANI): Troubled renewable energy solutions provider Suzlon on Monday denied reports suggesting that it has filed for bankruptcy and will soon be approaching the National Company Law Tribunal (NCLT).
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CARE downgrades Reliance Home Finance's long-term debt instruments to 'D'
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 14 (ANI): CARE Ratings has downgraded Anil Ambani-led Reliance Home Finance's long-term debt programme, market-linked debentures, subordinated debt, non-convertible debentures (NCDs) and upper tier-11 NCDs to 'D'.
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Reliance Communications to approach NCLT for debt resolution
Updated : 7 years, 4 months ago IST
Mumbai [India], Feb 3 (ANI): The management of Reliance Communications Limited (RCOM) has decided to approach the National Company Law Tribunal (NCLT) with a debt resolution plan which includes among other things the sale of all telecom infrastructure assets and spectrum, said a company spok
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