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NAREDCO demands one-time loan restructuring for stuck realty projects

NAREDCO urged the govt to direct RBI to implement a one-time restructuring of project loans

Renewable energy certificate mechanism to be restructured

The Ministry of Power has proposed the restructuring of renewable energy certificates mechanism

Lenders approve CG Power’s loan restructuring

Binding agreements executed for loan restructuring, funding facilities

Railway Board to be replaced with a leaner structure

The formally constituted Board now has its first CEO and four other members.

Govt will consider easing investment norms for foreign funds for ready houses: Hardeep Singh Puri

This would give a huge boost to the sector by providing liquidity, said the minister.

Tata Power to hive off renewable assets

Tata Power will hive off its renewable energy assets into the subsidiary Tata Power Renewable Energy as a part of its restructuring plan, which will focus on 'clean and renewable' energy.

The money chase

In a recent major development, the lenders of Lanco Infra have secured an option to gain control over the ailing infrastructure firm following one of the largest corporate debt restructuring (CDR) decisions

SIFL has Rs 15,000 crore in assets

A pioneer in many ways, Srei Infrastructure Finance Ltd (SIFL) is among the first Indian NBFCs to access the international market for funds and the first Indian infrastructure NBFC to be listed on the London Stock Exchange.

ICL to recast noncore businesses

South-based cement major India Cements (ICL) is conducting a management programme to identify noncore businesses and decide on the course of action for these. Reports suggest that the company is working towards identifying non-core assets and restructuring operations. The company has footprint in ..

Soma Enterprise heads for corporate debt restructuring

Sources say that Hyderabad-based Infrastructure company Soma Enterprise, which has a debt burden of around Rs 5,000 crore, is heading for corporate debt restructuring (CDR). The highway developer, which also has an engineering, procurement and construction (EPC) division, has been referred to the CD..

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