Gautam Adani, Anil Agarwal’s Vedanta, GMR’s race heats up for…, bidders in Rs 173000000000...
The bidding process for JAL is set to intensify as big corporations have entered into the bidding race as potential buyers.
JAL Insolvency Battle Heats Up: Adani, JSW, Vedanta Among Suitors For ₹17,300-Crore Assets
India’s top business conglomerates, including JSW, Dalmia Bharat, Jindal Power, Vedanta, GMR, Welspun, and Torrent, have ...
JAL insolvency: Adani, JSW, Vedanta among bidders for company’s Rs 17,300-crore assets
JAL’s lenders that included ICICI Bank, State Bank of India, Punjab National Bank, IDBI Bank and 21 others assigned their ...
PSBs need to prepare plans for timely capital raise, says M Nagaraju
Public sector banks (PSBs) need to prepare a roadmap for appropriate and timely capital raising, work on efficient allocation ...
Milestone crossed as National Asset Reconstruction Co Ltd picks up McLeod Russel debt
McLeod has an outstanding debt of Rs 1,461.06 crore (principal amount) with 10 lenders, including nine scheduled commercial ...
The Week6d
Lenders transfer Rs 1 104cr McLeod Russel debt at discount with 5-yr repayment tenure
A consortium of lenders to bulk tea producer McLeod Russel India Limited (MRIL) has transferred its debt exposure to the National Asset Reconstruction Company Limited (NARCL) for Rs 700 crore, ...
Rediff Money6d
McLeod Russel Debt Transferred to NARCL at 36% Discount
McLeod Russel India Limited's Rs 1,104.69 crore debt has been transferred to NARCL for Rs 700 crore, representing a 36% ...
Devdiscourse6d
Debt Restructuring Sparks Hope for McLeod Russel Amid Tea Sector Slump
A consortium of lenders has transferred Rs 700 crore of McLeod Russel India's debt to NARCL at a 36% haircut. This move is part of a strategy to manage its financial woes amid the troubled tea sector.