Power Finance Corporation

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Grapevine: Shapoorji Pallonji Group to refinance debt; OrbiMed bets on LifeWell

General

07 May, 2024

Grapevine: Shapoorji Pallonji Group to refinance debt; OrbiMed bets on LifeWell

Shapoorji Pallonji Group has initiated discussions with Power Finance Corporation to secure up to $1.2 billion (Rs 10,017 crore) to refinance a portion ......

Sreeja Biswas

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Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Finance

27 May, 2021

Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......

Beena Parmar

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Why the $12-bn bailout for electricity distribution firms won't light up the power sector

Infrastructure

26 May, 2020

Why the $12-bn bailout for electricity distribution firms won't light up the power sector

Earlier this month, the Narendra Modi government decided to provide a credit line of Rs 90,000 crore (almost $12 billion) ......

Aman Malik

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In numbers: Which NBFCs have the biggest bad-loan problem?

Finance

20 November, 2018

In numbers: Which NBFCs have the biggest bad-loan problem?

The recent downfall of Infrastructure Leasing and Financial Services Ltd (IL&FS), one of India’s largest non-banking financial companies (NBFCs) which ......