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Corporate debt restructuring News

11 Mar 2017

Arun Jaitley, Urjit Patel brainstorms ways for timely resolution of NPAs

Finance Minister Arun Jaitley on Friday discussed options on resolution of bad loans with RBI Governor Urjit Patel and other top officials in finance ministry but creation of a 'bad bank' to hold such loans seemed not on top of alternatives.

Pipavav Defence & Offshore Engineering

26 Nov 2015

Pipavav Defence to exit CDR post RInfra's open offer

Pipavav Defence & Offshore Engineering plans to exit the corporate debt restructuring (CDR) package, post Reliance Infrastructure open offer.

12 Jun 2015

ABG Shipyard in talks with Privinvest for strategic stake sale

The company did not offer any clarity on the equity percentage to be sold, but Privinvest is expected to buy up to 49 percent through fresh equity worth Rs 1,000 crore.

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