In an interview with CNBC-TV18, Sanjeev Gupta, Executive Chairman of Liberty House discussed the highlights of the key Indian assets that they have bid for.
The RBI has sent bankers the list of 12 stressed accounts that they must resolve through the Insolvency and Bankruptcy Code (IBC).
Speaking to CNBC-TV18, Anshula Kant, CFO of State Bank of India (SBI) says that the bank will have to reevaluate its real estate assets as per the new guidelines.
D Datar, CFO of ABG Shipyard expects government orders to flow in coming days.
Strategic stake sale is imminent, is the word coming in from D Datar, ED & CFO, ABG Shipyard. He is looking for strategic investors into the business. He also gives his view on shipyard business in India.
The company has just announced that they have got a repeat order from the defence ministry worth Rs 485 crore to build a cadet training vessel for the Navy. Dhananjay Datar, CFO, ABG Shipyard spoke to CNBC-TV18 regarding the repeat order and why it is prestigious."
ABG Shipyard chief financial officer, D Datar, tells CNBC-TV18 that the order from Shipping Corporation of India is a very valuable order and that they are very happy to add them as a client.
Navratna public company, Shipping Corporation of India, is planning to buy stakes in shipyards like Bharti Shipyard and Pipavav Shipyard. In an interview with CNBC-TV18's Gautam Broker and Soniya Shenoy, S Hajra, chairman and managing director of Shipping Corporation of India spoke about the company's stake buying ventures.
ABG Shipyard has received a Rs 970 crore order from the Indian Navy for construction of two cadet training ships. In an interview with CNBC-TV18, D Datar, CFO, ABG Shipyard says this is the first order from Indian navy, it is a defence order.