SOURCE: ET Lenders led by IDBI Bank have turned down a resolution plan proposed by Reliance Naval & Engineering, which has not been servicing its more than Rs 9,000 crore of debt for several months now. The lenders will now initiate bankruptcy proceedings against the company of the Anil Ambani-led Reliance Group, said a bank […]
from Indian Defence Research Wing https://ift.tt/2OiXWFF
via IFTTThttp://idrw.org
No comments:
Post a Comment