Jindal’s plan was the only one received by creditors till the end of business on Friday, the last date for submission of resolution plans for FEL, which owes creditors led by Central Bank of India and its arm Centbank Financial Services a total ₹12,265 crore, the second largest debt pile from the defunct retail giant Future Group.
Reliance Infrastructure seeks shareholders’ nod to raise Rs 3,000 crore via QIP
Reliance Infrastructure approved raising Rs 3,014 crore through a preferential issue to promoter group companies and other investors. The company also seeks shareholder approval for