Corporate Debt Restructuring Package

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  Pipavav Defence to Exit Corporate Debt Restructuring Post Reliance Infra's Open Offer

  Pipavav Defence & Offshore Engineering plans to exit the corporate debt restructuring (CDR) package, post Reliance Infrastructure open offer.

• Shriram EPC Surges 19% After Nod for Restructuring Package

  The company also said its promoter Shriram Industrial Holdings Ltd (SIHL) is also infusing fresh equity up to Rs 389 crore, which will be used to redeem cumulative redeemable preference shares and repay unsecured loans.

• Orchid Chemicals' Q3 Net Loss at Rs 120 Cr

  The Chennai-based company said it has implemented corporate debt restructuring package in July 2014.

• Suzlon implements $1.8 billion debt recast plan

  Wind turbine maker Suzlon today said it has implemented the $1.8 billion (Rs 9,500 crore) debt restructuring package that includes preferential allotment of shares to its lenders.

• Knitwear exporters thank CM for revival package

  Tirupur Exporters' Association (TEA) thanked Chief Minister Jayalalithaa for giving a new lease of life to the special purpose vehicle, New Tirupur Area Development Corporation Ltd (NTADCL).

• Government approves Air India debt recast plan

  Air India got a breather when Civil Aviation minister Ajit Singh said that a plan to recast debt of Rs 22,000 crore has been approved by the Group of Ministers. The restructuring package comes at a time when the embattled airline is fighting multiple fires, primary among them a mountain of debt, loss of market share to private carriers, rising cost...

• Air India accepts corporate debt restructuring package

  National air-carrier, Air India, on Wednesday said that it has accepted the corporate debt restructuring (CDR) package first prepared by SBI Caps and then vetted by Deloitte. "Air India has accepted the CDR package submitted by Deloitte," the airline's Chairman and Managing Director, Arvind Jadhav, said on Wednesday. The package was ap...