LIVE MARKET TRACKER :   BSE SENSEX   32646.81      |    NSE NIFTY 10240.95    
GLOBAL MARKETS :  NASDAQ 6624.0044   +0.2756%    |    FSI London 7526.97   -0.11%    |    NIKKEI Japan 21333.89   +0.37%
  USD GBP EUR CAD AUD INR
USD - 0.7545 0.8497 1.2534 1.2743 64.9250
GBP 1.3254 - 1.1260 1.6613 1.6888 86.0555
EUR 1.1773 0.8883 - 1.4756 1.5001 76.4369
CAD 0.7981 0.6025 0.6781 - 1.0172 51.8250
AUD 0.7849 0.5923 0.6669 0.9837 - 50.9660
INR 0.0154 0.0116 0.0131 0.0194 0.0197 -
Indian-Commodity  :  Corporate  :  Reliance Defence gets approval from lenders to exit CDR

Reliance Defence gets approval from lenders to exit CDR (21-Apr-2017)

Reliance Defence and Engineering has received an approval from a consortium of lenders to exit its corporate debt restructuring (CDR) package. The consortium of lenders, led by IDBI, has agreed to the exit plan of the company, a subsidiary of Reliance Infrastructure, with a longer maturity period for loans worth about Rs 6,800 crore. The lenders have also given their go-ahead to implementation of refinancing scheme of the company.

Both the proposals were presented to the CDR Empowered Group's (EG) meeting on March 29 and approved by the requisite majority of CDR lenders.

Reliance Defence and Engineering is engaged in defence, offshore, marine and engineering sectors. The company has two units, one special economic zone (SEZ) unit and another export oriented unit (EOU).  


Top News Today
Jain Irrigation Systems redeems FCCB's worth $40 million
(17-Oct-2017)

Jain Irrigation Systems redeems FCCBJain Irrigation Systems has redeemed the 4,000 FCCB's of $10,000 each aggregating to $40 million (equivalent Rs 263.50 crore) as per the terms of the Agreement dated September 5, 2012 entered into by the......click on news to read complete article.

Karur Vysya Bank opens one new branch at Andhra Pradesh
(17-Oct-2017)

Karur Vysya Bank opens one new branch at Andhra PradeshKarur Vysya Bank (KVB) has opened one new branch at No 492/4, Vullapalli Road, East Godavari District in state of Andhra Pradesh on October 17, 2017.Karur Vysya Bank is among six old generation private......click on news to read complete article.

Moody's affirms rating on SBI's foreign currency deposits
(17-Oct-2017)

MoodyGlobal rating agency -- Moody's Investors Service -- has affirmed the ratings on State Bank of India's (SBI) local and foreign currency deposits of 'Baa3/P-3' apart from affirming the 'Baa3' rating on......click on news to read complete article.

International Stock News
US markets closed higher with investors' looking ahead to major earnings
(17-Oct-2017)

US markets closed higher with investorsThe US markets closed higher on Monday, with all three major indexes logging another round of records, as investors looked ahead to key corporate earnings reports that could set the tone for trading and......click on news to read complete article.

Asian markets trade mostly in green
(16-Oct-2017)

Asian markets trade mostly in greenAsian markets have made a positive start on Monday, extending their last week gains, following the positive lead from Wall Street on Friday and higher commodity prices on the back of strong Chinese import......click on news to read complete article.

US markets closed higher; Nasdaq records all-time high
(14-Oct-2017)

US markets closed higher; Nasdaq records all-time highThe US markets closed higher on Friday, with Nasdaq recording an all-time high, as President Donald Trump delivered a speech decertifying a nuclear agreement with Iran. Upbeat earnings reports from banks......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.