Mumbai: It took seven months of hard bargaining for Gammon Infrastructure Projects Ltd to sew up a deal to sell a portfolio of nine projects—six roads and three power plants. On the other side of the negotiating table was BIF India Holdings ... Livemint.com, 4 weeks ago
Mumbai: IVRCL Ltd, considered one of the hottest firms in the infrastructure business a decade ago and which fell on tough times, is close to raising around Rs. 1,000 crore by selling some of its assets, according to two people familiar with the ...Livemint.com, 1 month ago
HYDERABAD: Statutory auditors of infrastructure firm IVRCL Ltd have raised a red flag on the company's ailing financials. Stating that there was material uncertainty, independent auditors Chaturvedi & Partners, cast significant doubt on the ...New Indian Express, 1 month ago
Mumbai: Creditors of Hyderabad-based road developer IVRCL Ltd are pushing for a strategic debt restructuring (SDR) that may involve taking over the firm's management, as a recast of the Rs. 7,000 crore it owes appears at the risk of failure, ...Livemint.com, 1 week ago
Canada's Brookfield Asset Management on Friday made its first major investment in the Indian infrastructure space, by buying six road and three power projects from Gammon Infrastructure Projects. Canada's Brookfield Asset Management on Friday ...Financial Express, 1 month ago
Debt-heavy companies have been battered the most in the market crash. Companies like Adani Power Ltd, Hindustan Construction Co. Ltd, Jaiprakash Associates Ltd, Jaiprakash Power Ventures Ltd, ABG Shipyard Ltd, IRB Infrastructure Developers Ltd, GMR ...Livemint.com, 1 month ago
Asian markets rally on Wednesday morning Asian markets were trading higher on Wednesday morning tracking firm global cues. Markets rallied after weak trade data fuelled speculation that Beijing will take further action to support the economy.Livemint.com, 1 month ago
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