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Srei
Business  /  Published 16.12.20

Rating rap for Srei Infra Fin

CARE has revised its ratings of Srei Infrastructure Finance’s (SIFL) bank facilities, long term infrastructure bonds and non convertible debentures to credit watch with negative implications. T...
By A Staff Reporter in Calcutta

Business  /  Published 07.12.20

Mittal wins reprieve in payment to OSPIL

The National Company Law Appellate Tribunal (NCLAT) has stayed a lower court order which had directed ArcelorMittal India Pvt Ltd (AMIPL) to pay Rs 1,308.87 crore to Odisha Slurry Pipeline Infrastruct...
By Our Special Correspondent in Calcutta

Business  /  Published 22.11.20

RBI audit of Srei firms

The Reserve Bank of India has initiated a special audit of Srei Infrastructure Finance and its subsidiary Srei Equipment Finance. Srei Infrastructure Finance in a statement to bourses on Friday said ...
By A Staff Reporter in Calcutta

Business  /  Published 12.11.20

Mittal loses pipeline case

A bankruptcy court based in Ahmedabad has asked ArcelorMittal to pay Rs 1,308.87 crore to Odisha Slurry Pipeline Infrastructure Ltd (OSPIL) in a case linked to the Essar Steel insolvency process. The...
By Sambit Saha in Calcutta

India  /  Published 08.12.19

Why business isn’t talking dhanda

India Inc has started to wonder aloud whether the Narendra Modi government’s avowed agenda to clean up the system has gone too far — an articulation that appears to have gathered traction after ve...
By Sambit Saha in Calcutta

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Business  /  Published 28.12.18

Srei eyes joint lending with banks

Srei is in discussions with banks over joint lending and hopes to offer such loans soon. The initiative, which involves the sharing of risks between banks and non-banking finance companies (NBFCs), is...
By Pinak Ghosh in Calcutta

Business  /  Published 21.01.19

Srei step to list crown jewel

The Kanorias of infrastructure company Srei have proposed a scheme of arrangement to list the crown jewel of their business empire, Srei Equipment Finance, on the bourses after abandoning plans of an ...
By Our Special Correspondent in Calcutta

Business  /  Published 08.12.19

Practical approach to fight bad loans need of the hour

Non-banking finance companies have been under pressure since the collapse of infrastructure lender IL&FS, leading to liquidity constraints in the sector as a whole. Hemant Kanoria, chairman of Sre...
By Sambit Saha in

Business  /  Published 17.09.19

Srei seeks on-tap buyback of NCDs

Srei, the city-based non-bank finance company, has urged regulators to consider on-tap buyback of non-convertible debentures from retail investors.In a letter to RBI governor Shaktikanta Das and Sebi ...
By A Staff Reporter in Calcutta

Business  /  Published 29.12.19

Construction banks on government

The construction sector will have to rely on high government spending in roads, railways, airports and urban infrastructure to expand the order book amid working capital stress and liquidity pressure....
By A Staff Reporter in Calcutta


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