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India badly needs Sputnik V in fight against COVID-19
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[ Lanco ]
Results 1 to 21 of 207
Discom cannot terminate PPA with insolvent power company: SC
Dipak Mondal
March 9, 2021
The Gujarat power distribution company had moved Supreme Court saying that neither the National Company Law Tribunal (NCLT) nor the NCLAT had the jurisdiction to stay the termination, which was done as per the clauses of the agreement
Crisis Zone
Nevin John
New Delhi, November 12, 2020
The 15 most-indebted non-BFSI companies had a combined debt of Rs 10 lakh crore in FY20, a 15 per cent increase over the previous year, and their troubles seem to be far from over
Pending Resolution
Dipak Mondal
New Delhi, September 30, 2020
Era Infra sees no immediate closure even after three years, as litigation and procedural delays slow down the insolvency process
Two Lanco Infratech subsidiaries set to see resolution under IBC
Dipak Mondal
September 25, 2020
Majority of the claims were submitted by financial creditors having corporate guarantee or charge on shares of special purpose vehicles
No resolution in sight even after 3 years for Era Infra insolvency
Dipak Mondal
August 12, 2020
The committee of creditors is yet to approve either of the two resolution plans that the Era Infra resolution professional has received so far - the reason being legal disambiguity of the resolution plans submitted
Pangs of High Leverage
Nevin John
New Delhi, June 24, 2020
With the post-lockdown economy still to pick up, highly leveraged companies are looking at ways to reduce debt
Bankruptcy doubles to 3,774 in FY20; manufacturing, construction worst-hit
Nevin John
June 22, 2020
Of this, 1,604 cases have been settled by the tribunals across the country by finding a new buyer, commencing liquidation, or allowing voluntary withdrawals
Reality Check: Challenges notwithstanding, IBC promises positive changes in bankruptcy law of India
Prasanna Mohanty
December 11, 2019
More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient
Collateral Damage
Dipak Mondal
New Delhi, November 25, 2019
Irrespective of resolutions, companies going through the insolvency process are seeing large number of direct and indirect job losses
India's hydropower capacity addition plans in limbo
P B Jayakumar
November 25, 2019
India, the 7th largest hydropower making country in the world, had an installed hydro capacity of around 45,400 MW by end 2018
Finance Commission likely to reject $11.6 billion package to help utilities cut pollution: report
Reuters
New Delhi, November 20, 2019
More than half of India's coal-fired power plant units ordered to retrofit equipment to curb air pollution are already set to miss the deadline
What happened to the two-year old NPA cases amounting to Rs 3.45 lakh crore?
Dipak Mondal
New Delhi, October 28, 2019
What is the fate of the 12 large NPA accounts referred by the Reserve Bank of India (RBI) to the then newly-implemented Insolvency and Bankruptcy Code (IBC) for resolution?
NSE to delist 9 under liquidation firms from October 17
PTI
October 3, 2019
Besides, Lanco Infratech and Moser-Baer, the other seven firms that will be delisted are - Amar Remedies, Supreme Tex Mart, Samtel Color, Hindustan Dorr-Oliver, Servalakshmi Paper, LML and Hanung Toys and Textiles
Delays Continue
Nevin John
New Delhi, June 24, 2019
Of the 12 big cases, just three companies - Bhushan Steel, Monnet Ispat and Electrosteel Steels - have been sold so far and the court ordered liquidation of Lanco Infratech and ABG Shipyard
BoB puts Bhushan Power, 66 other stressed accounts on block as insolvency court's process delays
PTI
Mumbai, June 9, 2019
The third largest lender had put Bhushan Power & Steel on sale in December 2018 but could not find a buyer
Over 378 companies owing Rs 2.5 lakh crore in debts liquidated under IBC: report
BusinessToday.In
May 29, 2019
Meanwhile, 64 of these companies (or more than 16%) have received bids which are higher than the liquidation value of their assets under the Insolvency and Bankruptcy Code till March 31, 2019, according to the latest data from the Insolvency and Bankruptcy Board of India (IBBI).
Bank of Maharashtra to recover Rs 154 crore from auctioning assets of Videocon Group's arm
PTI
March 12, 2019
The outstanding dues of the Unity Appliances Ltd are over Rs 153.77 crore, plus interest, from January 5, 2018. The Tamil Nadu-based company manufactures air conditioners and LED and LCD Television.
Bank of Maha to auction assets of Videocon Group's Unity Appliances
PTI
March 12, 2019
NHPC to bid for Rangit hydro project in Sikkim under insolvency proceedings
PTI
March 11, 2019
Govt approves Rs 31,560 crore investments for power projects
PTI
March 7, 2019
Briefing media after the meeting of the Cabinet Committee on Economic Affairs (CCEA), Finance Minister Arun Jaitley said approval has been given to an investment of Rs 10,439.09 crore for the 2x660 MW Buxar Thermal Power Project (Buxar TPP) in Bihar.
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