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Adani Ports is in advanced talks to acquire Gopalpur Ports in Odisha

Adani Ports and Special Economic Zone (SEZ) are reportedly in advance discussions with Shapoorji Pallonji Group to acquire Gopalpur Ports in Odisha.

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Sterling & Wilson s promoters infuse Rs 418 crore to pare debt

Promoters of Sterling and Wilson Renewable Energy (SWREL) have injected ₹418 crore into the company to prevent being labeled as defaulters by lenders, according to sources familiar with the matter. The company failed to make payments of ₹135 crore by September 30, and if it had not cleared these dues by December 30, lenders would have been required to categorize it as a non-performing loan (NPA) as per the Reserve Bank of India s guidelines. The ₹418 crore funds, injected on November 30, will be used to settle all outstanding payments.

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Sterling Wilson: Lenders of Sterling and Wilson Renewable Energy agree to recast Rs 1774 crore debt after it missed payments in Q2

Sterling and Wilson Renewable Energy (SWREL) has agreed to restructure its debt after missing scheduled payments in September. The company, which has a 40% equity stake in Reliance Industries Ltd, is also working on a shareholder-approved plan to raise RS 1500 crore from the sale of equity shares. Union Bank of India led banks signed an inter creditors agreement (ICA) to give the company a longer time to repay loans.

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From world s biggest indoor hall to majestic meeting rooms: Inside details of G20 summit venue

Bharat Mandapam, an architectural marvel, hosts G20 Summit, showcasing India's unity in diversity with state artworks.

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Dublin-based developer issues legal letter to directors of Shapoorji Pallonji Europe

Dublin-based developer issues legal letter to directors of Shapoorji Pallonji Europe
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