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Reliance Infra share spikes 10% on selling Santacruz HQ to YES bank origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.
Reliance Power-JERA JV achieves financial closure for 745 megawatts-Bangladesh unit SECTIONS Share Synopsis In 2019, Reliance Power announced a debt-restructuring deal with US Exim Bank for its Samalkot project in Andhra Pradesh, which was rendered defunct due to lack of gas supply to it. The company decided to relocate the equipment from the project to Bangladesh and subsequently, inducted the Japanese utility as a partner for developing the 750 mw-gas based combined cycle power project. Reuters Anil Ambani-led Reliance Power said Thursday that the company, along with partner JERA of Japan, has achieved financial closure for its 745 megawatts (mw) Bangladesh unit by tying up funds with a group of lenders that includes Japan Bank for International Cooperation (JBIC) and Asian Development Bank (ADB). ....
Bank of Baroda petitions Delhi HC to vacate stay on Reliance Home asset sale indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Read more about Banks in talks with Shapoorji Pallonji Group to resolve RHFL impasse on Business Standard. An SP group source said the dues from Reliance Home Finance are to a joint venture company and not Shapoorji Pallonji alone ....
Fresh IBC suspension due to COVID-19 may put brakes on stressed asset resolution To provide relief for entities impacted by the pandemic, the government has suspended fresh proceedings under the Insolvency and Bankruptcy Code (IBC) starting from March 25 PTI | December 31, 2020 | Updated 14:56 IST Suspension of fresh proceedings under the insolvency law as well as the NCLT and the appellate tribunal switching to virtual hearings due to the coronavirus pandemic seem to have put the brakes on the pace of resolution process for stressed assets and realisation for creditors. To provide relief for entities impacted by the pandemic, the government has suspended fresh proceedings under the Insolvency and Bankruptcy Code (IBC) starting from March 25, when the nationwide lockdown was imposed to curb spreading of coronavirus infections. The suspension has been extended till March next year. ....