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
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.
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 ..
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..