Gtl Group

Gtl Group News

Canara Bank drags GTL group to NCLT after company defaults on its debt repayment worth Rs 1,000 crore
Business

Canara Bank drags GTL group to NCLT after company defaults on its debt repayment worth Rs 1,000 crore

While GTL has defaulted on Rs 459 crore loans from the bank, GTL Infrastructure failed to make timely payment of Rs 541 crore to the lender

GTL doing a quick rework to reverse its fortunes
Investing

GTL doing a quick rework to reverse its fortunes

Within a month, SBI Caps will be coming out with its restructuring plan for GTL .The options available to the investment banker is to either ask the promoter to infuse equity, sell off the telecom tower business or bring in a strategic stake.