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How IL&FS plans to fix the mess it is in right now

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- September 30, 2018

IL&FS may sell 14 out of its existing 19 road projects.

from Stocks-Markets-Economic Times https://ift.tt/2OnMmI4

Stocks-Markets-Economic Times

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Cipla, PAG eye Wockhardt’s formulations business

- January 27, 2020

Wockhardt employs more than 7,000 people and has a presence in the US, Britain, Ireland, Switzerland, France, Mexico, Russia and other countries. It has manufacturing and research facilities in India, the US and Britain, and a plant in Ireland. from Stocks-Markets-Economic Times https://ift.tt/2RO2P88

SBI to meet RBI brass on Aircel insolvency

- August 27, 2020

The RBI’s opposition to ARCs becoming resolution applicants (RA) could scuttle not just the Aircel plan but that of others such as Reliance Communications (RCom) as well. This would hurt state-run banks such as SBI, since they are the biggest lenders to companies that ARCs are looking to acquire in insolvency cases. from Stocks-Markets-Economic Times https://ift.tt/3joZLeO

Shapoorji group entity's bond issue signals appetite from pvt credit funds

- June 27, 2023

Goswami Infratech, a company belonging to Shapoorji Pallonji group, has raised $1.74bn through the issue of zero-coupon bonds at a substantial yield of 18.75% for a period of two years and 10 months. The issue is rated BBB- by Care Ratings and has a put option at the end of December 2025 from Stocks-Markets-Economic Times https://ift.tt/be3qjYZ

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