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Corporate Debt Restructuring

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Rediff.com  »  News  »   Corporate Debt Restructuring

  News for Corporate Debt Restructuring

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CAG slams navy for failing to conclude Rs 16,000-crore contract

 The Comptroller and Auditor General has taken strong exception to the Indian Navy's failure to conclude a Rs 16,000-crore contract to induct a fleet of amphibious warships even after deciding on......

Corporate debt restructuring cases to come under scanner

 The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR). This follows various steps taken to curtail the virtually unchecked flow......

Debt restructuring plans flood banks

 The financial sector is beginning to bear the brunt of deteriorating quality of corporate debt. The corporate debt restructuring mechanism set up to help companies unable to repay liabilities has......

Debt restructuring in textiles soon

The government will soon initiate action to restructure corporate debt in textile industry involving Rs 18,000 crore (Rs 180 billion) in ailing units."A base paper will be ready by next week,......

AI accepts debt restructuring plan

 Air India said on Wednesday it has accepted the corporate debt restructuring package first prepared by SBI Caps and then vetted by Deloitte."Air India has accepted the CDR package submitted by......

BPL debt restructuring plan moves ahead

 BPL Ltd's plan to restructure its Rs 1,400 crore (Rs 14 billion) debt seems to be moving ahead, after protracted negotiations and delays.In a creditors' meet held on Saturday, the majority of the......

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