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About 48 results for "sdr"

Update: RCOM’s lenders now have rights to convert debt into equity
Medianama

Here are key highlights from Reliance Communications press con...

Reliance Communications lenders have put its account on strategic debt restructuring (SDR) and have given time till December to shape up. CNBC-TV18#39;s Latha Venkatesh, Nisha Poddar and Ritu Singh analyze and share the key highlights from Anil Ambani#39;s ... Money Control, 2 weeks ago
Bankers to restructure RCom debt under SDR Money Control, 2 weeks ago
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210 images for sdr

Money Control, 3 months ago
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GTL Infrastructure provides update on SDR process

Indian Rupee denominated debt levels of GIL and CNIL at sustainable levels
 Business Standard2 months ago

Sebi relaxes takeover rules for resolution of stressed assets FC Bureau

The Securities and Exchange Board of India (Sebi) on Wednesday relaxed its takeover rules to facilitate resolution of stressed assets in corporate India by allowing acquirers of distressed companies from mandatory open offer clause. At present, banks are ...
 The Financial Chronicle20 hours ago Sebi takes measures to deal with stressed companies  Deccan Herald20 hours ago RBI meets top bankers on NPA resolution  The Financial Chronicle3 weeks ago

RBI sets rupee reference rate at 64.6025 against dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 64.6025 against the US dollar and 71.9413 for the euro. The corresponding rates were 64.4672 and 71.9583, as on June 20. According to an RBI statement, the exchange rates for the pound ...
 Business Standard1 day ago

Forex kitty at life-time high of $381.167 bn

India's forex reserves surged by USD 2.404 billion to reach life-time high of USD 381.167 billion in the week to June 2 on account of rise in foreign currency assets, the Reserve Bank said today. In the previous week, the reserves had declined by USD 547 ...
 Business Standard1 week ago

PSBs need Rs 95K cr equity capital by March 2019

The news from public sector banks (PSBs) is getting gloomier. Rating agency Moody’s on Thursday said the 11 PSBs that it rates will require Rs 70,000-Rs 95,000 crore of external equity capital by March 2019. The amount is much higher than the Rs 20,000 ...
 The Financial Chronicle1 week ago
Sify

RCom share reverses trend, jumps 5% on 7-mth debt reprieve

Shares of Reliance Communications surged over 5 per cent today as the debt-laden telecom firm secured a reprieve of seven months to service its debt. The stock, after making a positive opening, further jumped 5.32 per cent to Rs 21.75 on BSE. The stock had ...
 Business Standard2 weeks ago India's RCom shares rise after debt deal with lenders  Sify2 weeks ago RCom shares rise after debt deal with lenders  Sify2 weeks ago Reliance Communications shares rise after debt deal with lenders  Sify2 weeks ago
Sify

After debt reprieve, pressure on RCom to close asset deals

By Devidutta Tripathy MUMBAI (Reuters) - Mobile carrier Reliance Communications won breathing room after receiving a seven-month loan reprieve from lenders, but will now need to reassure investors it can accomplish two deals critical to reducing its heavy ...
 Sify2 weeks ago UPDATE 2-After debt reprieve, pressure on India's RCom to close asset deals  Sify2 weeks ago

RCom: Telecom industry’s cash deficit at Rs 1.2 lakh crore

Intense tariff war and high taxes are expected to squeeze Indian telecom operators, leaving a gaping Rs 1,20,000-crore deficit between the industry's earnings and its debt/ payment commitments this year, says the debt-laden Reliance Communications. With ...
 The Financial Chronicle2 weeks ago

Lenders to take control of BILT

Lenders of Ballarpur Industries (BILT) will take management control of the cash-strapped company as part of the strategic debt restructuring (SDR) plan. The Avantha Group company has also sought the approval of shareholders to re-classify its authorised share ...
 The Financial Chronicle3 weeks ago
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