Friday, Apr 26, 2024 | Last Update : 10:19 AM IST

power companies

Power ministry advises telcos to cap late payment surcharge at 12%

In general, the applicable rate of late payment surcharges is quite high despite the fact that interest rates softened over last few years

23 Aug 2020 9:07 AM

SC order on RBI circular negative for banks, may defer debt resolution

Moody's said the resolution of stressed loans impacted by the circular will be further delayed.

02 Apr 2019 7:42 PM

SC quashing RBI circular to give relief to power cos but delay bankruptcy proceedings

"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril Amarchand Mangaldas.

02 Apr 2019 5:43 PM

Shares of cash-rich power companies, banks surge

Stressed power assets could be sold at dirt cheap rates to cash rich companies.

28 Aug 2018 11:12 AM

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