| Vishal Retail inks CDR pact for Rs 730 crore | 04-NOV-09 |
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| Vishal Retail today said it had signed an agreement with lenders for restructuring the terms of the chain’s Rs 730 crore debt and the process would kickstart within a few days.“The agreement with our lenders has been signed and the corporate debt restructuring (CDR) process will begin within the first half of November,” Group President Ambeek Khemka told PTI. |
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| Vishal Retail signs CDR pact for Rs 730 cr debt | 03-NOV-09 |
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| Vishal Retail today said it has signed an agreement with lenders for restructuring the terms of the chain's Rs 730 crore debt and the process would kickstart within the next few days. |
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| Lenders ask Vishal Retail to tap PE investors | 29-OCT-09 |
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| Creditors have asked the promoters of beleaguered Vishal Retail to tap investors to expand the equity capital. The move, aimed at lowering debt, was part of a package discussed by lenders before they take up a proposal under the corporate debt restructuring (CDR) mechanism. |
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| Letters: Acquiring land | 25-SEP-09 |
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| This refers to ‘The vexed issue of land acquisition’, September 23. The suggested remedy of, say, lease income is being tried in the Reliance SEZ in Gurgaon, Haryana. |
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| Madras HC dismisses Subhiksha plea | 28-AUG-09 |
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| The Madras High Court today dismissed Subhiksha’s scheme of arrangement proposal, which was filed by Cash and Carry Wholesale Traders Private Limited (C&C), a subsidiary of cash-strapped Subhiksha Trading Services. |
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| CDR cell admits JSL's debt restructuring proposal | 21-AUG-09 |
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| Stainless steel major JSL Ltd’s application for restructuring Rs 6,500 crore of debt was admitted in the Corporate Debt Restructuring (CDR) cell, at a lenders’ meet on August 11, the company informed the stock exchanges today after the lenders cleared the minutes of the meeting. |
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| Subhiksha misses July 31 CDR deadline | 03-AUG-09 |
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| Chennai-based retail chain Subhiksha Trading Services has missed its deadline of July 31, 2009, for its corporate debt restructuring (CDR) programme. |
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| Subhiksha CDR process may be extended | 31-JUL-09 |
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| Beleaguered retail chain Subhiksha and its lenders failed to release the company's corporate debt restructuring (CDR) report by the stated deadline of today, leading to speculation that the process may be delayed further. |
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| Wockhardt may go slow on asset sale plan | 27-JUL-09 |
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| Drug major Wockhardt is likely to go slow on its plans to divest non-core assets, including the proposed stake sale of its hospital chain, since the Corporate Debt Restructuring (CDR) package approved by its lenders has taken care of the company’s immediate financial commitments. |
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