Lanco Infratech

Plans to revive ABG Shipyard, Alok Industries and Lanco could fail; lenders might liquidate firms

Plans to revive ABG Shipyard, Alok Industries and Lanco could fail, despite that fact that Alok received a bid from Reliance Industries (RIL).

New bankruptcy code provisions to deepen losses for banks, says Kotak Securities report

"Promoters of most large steel companies were quite intent to regain control and did appear to offer the most competitive bid during the resolution process but are barred from doing so now," domestic brokerage Kotak Securities said

Insolvency ordinance: Essar Steel, Bhushan Steel, Lanco Infra say not 'wilful defaulters'

The ordinance that comes as a blow to defaulting promoters seeking to reclaim their firms that are under insolvency proceedings, aims at putting in place safeguards to prevent unscrupulous persons from misusing or vitiating the provisions of the IBC

Provisioning for 12 NPAs: SBI's Arundhati Bhattacharya rules out huge dent on bottom lines

These 12 large accounts had become NPAs by end-March 2016 and Crisil estimates show the banks had already provisioned 40 percent for these NPAs worth Rs 2 trillion or about Rs 80,000 crore.

Sensex rises; banks up as RBI cracks down on large loan defaulters

The Nifty PSU Bank Index gained as much as 0.79 percent, with top lenders State Bank of India up as much as 0.7 percent and Canara Bank Ltd rising as much as 1.8 percent.

NPA crackdown: Read here for financial details of these 12 big loan defaulters likely to go for bankruptcy

Monnet Ispat had a debt of over Rs 10,000 crore while its net worth turned negative to Rs 1,602 crore in FY17

Bhushan, Essar Steel among 12 firms being moved to insolvency courts, sources to Reuters

The RBI has yet to officially name any of the 12 companies, which account for about 2 trillion rupees ($31 billion) of India's non-performing loans, or roughly 25 percent of all the country's bad loans.

Bank loan stress: 50 corporate loan accounts under close govt watch, says report

The bank loans under scanner include those that have become NPAs and also those restructured as of December 2016

With Rs 40,000 cr debt, how will Adani Power really fund its Lanco deal?

While Adani will take over the plant's Rs 4,000 crore worth of debt, Lanco will receive Rs 2,000 crore in cash, which it plans to use for lowering its debt.

How Enterprises Can Attract New Talent

Ajay Dhir, Group CIO, Lanco Infratech, elaborates on the importance of building a good professional life, with substantial business and people development skills, to attract new talent.