In notes to its consolidated results for FY20, the list of debt on which it has defaulted, or has delayed payments, includes 33 different lenders and non-convertible debenture (NCD) series.
The firm said it had borrowings of Rs 3,627 crore from YES Bank, in a disclosure to the stock exchanges
KPMG's exit from the mandate means the entire process will now start afresh, led by RInfra itself
The bank's move to pick up a stake in Dish TV comes following an invocation of pledged shares to the tune of 445.3 mn in the firm, the lender said in a filing to the stock exchanges late on Friday.
In a letter to the Delhi Electricity Regulatory Commission (DERC), NTPC said it was keen to buy 51 per cent stake in BSES Rajdhani Power and BSES Yamuna Power
Clouding the valuation will be dues to generation firms and a possible CAG audit
Both stations will be redeveloped in PPP mode and based on the design, build, finance, operate transfer (DBFOT) model
There has been no tariff hike in the last four years and experts believe that the status quo is likely to prevail in the near future
DMRC to have the largest chunk of revenue loss estimated at Rs 700 cr
Here are the top 10 headlines on Tuesday
The executive mentioned earlier said with the payment of Rs 1,700 crore to lenders, RInfra would not need to go through an insolvency process
The filing showed that the total amount outstanding was Rs 4,597.06 crore
A three-member arbitration tribunal unanimously gave the award in favour of Reliance Infrastructure on December 21
Consolidated operating income for the September quarter rose 8% to Rs 5,622 crore from Rs 5,202 crore a year ago
Ambani further said the four business verticals including roads, metro, energy and airport are fully funded
The filing showed that the fresh pledge was done on September 9 in favour of lDBI Trusteeship Services Services Limited Lender/Debenture holder Deutsche Bank
BSR & Co and Pathak HD & Associates were the auditors to both RInfra and RPower, until 9th August, when BSR resigned as auditor for both the companies
Cites concerns raised in FY19 audit reports as reason
After the expiry of existing contracts in September, no further derivative contracts will be issued for these two securities
The announcement comes a day after Reliance Infrastructure (RInfra) made a similar announcement