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Rasul Bailay 12:03 AM | October 01,2009
According to one of the persons with knowledge of the matter, is seeking to reschedule debt of around Rs730 crore and repay this over nine years at an interest rate of 6%
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Rasul Bailay 09:23 PM | September 02,2009
The CDR office had given a three-month extension till 31 July to the banks working on debt restructuring
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Banker’s Trust | Tamal Bandyopadhyay 09:52 PM | August 02,2009
Loan recast on a large scale is a new phenomenon, but Indian banks have been restructuring corporate loans for quite some time now through a mechanism called corporate debt restructuring
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Saikat Chatterjee / Bloomberg 12:50 AM | July 10,2009
The company had a net debt of about Rs3,400 crore in the year ended 31 December and Rs380 crore in cash, it said on its website as of 31 March
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C.H. Unnikrishnan 12:56 AM | July 03,2009
The company’s liabilities due in 2009 add up to Rs1,441 crore, according to audit firm SR Batliboi
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PTI 07:28 PM | June 24,2009
According to a person familiar with the development, the plan to restructure company’s finances with the banks is in the final stages and is expected to complete by June end
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PTI 07:41 PM | June 09,2009
Subhiksha is undergoing a corporate debt restructuring programme to make the cash-strapped retail chain eligible for receiving funding to re-start its operations
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Rasul Bailay and Vidhya Sivaramakrishnan 12:10 AM | May 13,2009
Kotak Mahindra Bank Ltd had filed a winding-up petition to recover Rs40 crore owed it by the retailer
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Rahul Chandran 10:47 PM | May 05,2009
The company has Rs1,700 crore of debt on its books and an order book of Rs8,500 crore, apart from the Rs15,000 crore Hyderabad Metro project
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Priyal Guliani and Vidhi Godiawala / CNBC TV18 10:05 PM | May 05,2009
The scheme, which was due to mature on Tuesday, had an exposure of Rs10.95 crore to IL&FS Trust Co. Ltd-Wockhardt-GE Financial Services’ debt paper
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PTI 11:16 AM | April 14,2009
Subhiksha Trading Services managing director R Subramanian said we believe the restructuring will be agreed before end-April
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Banker’s Trust | Tamal Bandyopadhyay 09:59 PM | April 05,2009
Under normal circumstances, a loan becomes sticky when the borrower, be it a company or an individual, fails to pay interest on it for 90 days
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12:32 AM | April 03,2009
With signs that corporate financials are deteriorating, each company will have to do what works best for it, hopefully without the government coming in the way
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PTI 03:52 PM | February 24,2009
Subramanian said the company is moving forward with the corporate debt restructuring (CDR) process and working with the revival plan
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PTI 04:23 PM | February 09,2009
Subhiksha’s operations have come to a standstill for the past few weeks due to non-payment of employees salaries, huge debt burden and arrears to suppliers
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