E-PaperFinancial Restructuring News
Air India mops up Rs724 crore via assets monetisation plan
The Cabinet Committee on Economic Affairs approved the Financial Restructuring Plan and Turn Around Plan for Air India in the 2012
1 min read20 Dec 2018GSPC looks at financial restructuring post ONGC deal
The Gujarat State Petroleum Corp is saddled with nearly Rs20,000 crore of debt
2 min read22 Jan 2017BoB to convert Andrew Yule debt to equity; divestment on cards
The govt clears conversion of bank's Rs29.91 crore loan to Andrew Yule & Co into equity shares
1 min read6 Apr 2016TN completes financial restructuring of power utility
The power utility in the state received aid to the tune of `19,155 crore in the past two years
1 min read11 Sep 2013Air India puts Dreamliner planes for sale, leaseback
The carrier has invited bids by February first week, even as all of these aircraft remained grounded across the world
1 min read28 Jan 2013Arshiya International seeks financial restructuring
Promoters have decided to forego 50% of their remuneration from 1 October 2012
1 min read21 Jan 2013Hinduja Foundries to file for industrial and financial restructuring
Auto parts maker to file for restructuring next week; the firm’s loss widened by 48% in the quarter ended Sep
1 min read20 Dec 2012Govt to infuse $370 mn into Air India
Last year, the govt approved a $5.8 bn bailout plan for the national carrier
1 min read7 Dec 2012Broken power cables ahead
On paper, these discoms have been ‘corporatized’, but in practice they continue to be unionized entities subject to political intervention by state govts
2 min read25 Sep 2012Band-Aid for Prasar Bharati when it needs a surgery
Cabinet move to write-off `1,300 crore debt is a political one that won’t meet operational costs, says Sevanti Ninan
5 min read19 Sep 2012Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared