Debt ridden companies are increasingly resorting to selling assets to dig themselves out of the hole, reports CNBC-TV18\\`s Priyanka Ghosh. Landbank, property, plant & machinery are among assets that can be sold to reduce debt. Kingfisher Airlines has been directed by the finance ministry
1.18 PM Jun 23rd 2012
There may be some respite for real estate companies in Mumbai whose projects have been stuck due to regulatory approvals. The Maharashtra government is now looking to fast track project clearances that have been gathering dust for over one year, reports Priyanka Ghosh of CNBC-TV18. 2011 was a year
10.52 AM May 23rd 2012
HCC is working hard to tackle its debt burden by planning to sell its stake in its Mumbai headquarters, reports CNBC-TV18`s Priyanka Ghosh. HCC holds 26% in this building while the remaining 74% is held by IL&FS Fund. Sources say HCC is now likely to offload and sell its 26%. Sources also add
7.44 PM Mar 13th 2012
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