Suzlon offers lenders 68% discount on debt recast deal: Report The Pune-based company proposes to swap its ₹11,300 crore of outstanding debt into ₹3,600 crore of new debt, said people in the know.Lenders would now have to decide if this offer is better than what they could get if they tip Suzlon into bankruptcy court
Stocks in the news: Tata Steel, Maruti Suzuki, HCL Tech, Aurobindo, HPCL, Bosch, Siemens Maruti Suzuki | HCL Technologies | Aurobindo Pharma | HPCL | Lemon Tree Hotels and Siemens are stocks which are in the news today.
State-run Union Bank of India has tagged Suzlon Energy Ltd as a bad loan and more banks are expected to follow suit as the stressed wind turbine maker has struggled to repay its lenders, two people aware of the development said.
In the quarter ended 30 June, Union Bank has update...
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.