MUMBAI (Reuters) - Lanco Infratech Ltd confirmed on Saturday that the Reserve Bank of India (RBI) had directed the company's lead lender IDBI Bank to initiate a corporate insolvency resolution process ...

India's Lanco Infratech Ltd has started a process to restructure debts totaling 75 billion rupees ($1.3 billion) after economic weakness impacted the performance of some of its businesses such as ...

(Reuters) - India's Lanco Infratech Ltd said on Thursday a panel of its creditors has not approved an insolvency resolution plan and that its administrator will file for potential liquidation of the ...

The National Company Law Tribunal has allowed the insolvency proceedings against Lanco Infratech to continue onto the next stage. That's the appointment of an insolvency practitioner to oversee the ...

seeking approval for “the company’s liquidation or any other direction”as “a potential buyer has come with a revised “resolution plan”. The revised plan had been submitted by Thriveni Earthmovers, a ...

The revenues from the power business during the quarter under review were at Rs 1,240.74 crore, registering a decline of 41.4 per cent. Lanco Infratech on Thursday reported a widened net loss at Rs ...

The National Company Law Tribunal has admitted the insolvency petition filed by IDBI Bank against debt-ridden Jaypee Infratech. The Allahabad bench of NCLT has admitted the petition filed by IDBI Bank ...

Lanco Infratech Ltd., an Indian energy and infrastructure company, plans to borrow from Chinese banks, joining rivals in seeking cheaper funds for equipment contracts for plants in the South Asian ...

Lanco Infratech Ltd., an Indian energy company, agreed to buy Griffin Coal Mining Co. for an undisclosed sum almost a year after the Western Australia producer filed for bankruptcy and sought to sell ...