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Lanco Infratech

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Lanco Group's third arm to be dissolved through liquidation

Infrastructure

13 July, 2021

Lanco Group's third arm to be dissolved through liquidation

Hyderabad-based Lanco Group’s third subsidiary which runs a thermal power plant has been ordered for liquidation by the bankruptcy tribunal.  Lanco ......

Grapevine: True North may buy 10% in Anthem Biosciences; Statkraft eyes Lanco unit

General

12 January, 2021

Grapevine: True North may buy 10% in Anthem Biosciences; Statkraft eyes Lanco unit

True North may acquire up to 10% stake in Bengaluru-based contract research and manufacturing services firm Anthem Biosciences at a ......

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Two Lanco Infratech arms set to get new owners under IBC

Infrastructure

08 October, 2020

Two Lanco Infratech arms set to get new owners under IBC

Resolution plans for two subsidiary companies of Lanco Infratech are set to get approval from the bankruptcy tribunal. Lanco Thermal Power ......

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Can power producers attract enough buyers to revive stressed projects

Infrastructure

13 August, 2018

Can power producers attract enough buyers to revive stressed projects

Last week, the Supreme Court provided some respite to debt-laden power companies when it refused to stop a lower court ......

Stressed assets: Revised bids allowed for Bhushan Power, NCLT admits Provogue

General

03 August, 2018

Stressed assets: Revised bids allowed for Bhushan Power, NCLT admits Provogue

As Indian banks grapple with nearly $150 billion in bad loans, the National Company Law Tribunal (NCLT) has admitted about ......

Stressed assets: Jyoti Structures insolvency on hold; ray of hope for Alok Industries

General

22 June, 2018

Stressed assets: Jyoti Structures insolvency on hold; ray of hope for Alok Industries

As Indian banks grapple with nearly $150 billion in bad loans, various branches of the National Company Law Tribunal (NCLT) ......

BlackRock may buy DSP's stake in joint venture; Aavas hires bankers for IPO

General

30 April, 2018

BlackRock may buy DSP's stake in joint venture; Aavas hires bankers for IPO

Global asset manager BlackRock Inc. is in talks to buy out DSP Group from their asset management joint venture DSP ......