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  • Resolving NPAs: Challenges staring insolvency professionals Jul 15, 2017 02:24 PM IST

    Resolving NPAs: Challenges staring insolvency professionals

    The resolution of bad loans or non-performing assets (NPAs) in the banking sector reached a decisive stage when the Reserve Bank of India (RBI), last month, told banks to take 12 defaulting borrowers such as Bhushan Steel, Essar Steel, Lanco Infratech, etc. to the bankruptcy court.

  • Essar, Amtek, Bhushan, JP Infra, Lanco among 12 big NPAs on RBI list Jun 16, 2017 08:10 AM IST

    Essar, Amtek, Bhushan, JP Infra, Lanco among 12 big NPAs on RBI list

    The RBI has sent bankers the list of 12 stressed accounts that they must resolve through the Insolvency and Bankruptcy Code (IBC).

  • Expect no negative asset quality surprises in Q3: Andhra Bk Dec 02, 2015 01:30 PM IST

    Expect no negative asset quality surprises in Q3: Andhra Bk

    In an interview to CNBC-TV18, SK Kalra, Executive Director, Andhra Bank, shares his views on the upcoming quarters and his outlook for the bank.

  • See credit grow around 20%, NPAs trend lower: Federal Bank Sep 15, 2014 01:49 PM IST

    See credit grow around 20%, NPAs trend lower: Federal Bank

    The bank does not hold large portfolios of stress and aims to bring down its non-performing assets (NPAs) and non-performing loans (NPLs) going ahead.

  • Lanco Infra may look at stake sale option for new projects Jan 04, 2013 11:00 AM IST

    Lanco Infra may look at stake sale option for new projects

    The recent tariff hike in Tamil Nadu has come as a relief to Lanco Infratech which is confronted with delayed payments from various state electricity boards. The company believes a similar hike in other states will help the company improve receivables.

  • Lanco gets nod to revise coal agreement with Griffin: CEO Dec 24, 2012 12:34 PM IST

    Lanco gets nod to revise coal agreement with Griffin: CEO

    Nagaprasad Kandimalla, CEO, business development at Lanco Infra, says that the court has issue an order in favour of Lanco to revise coal supply agreement with Griffin Coal Mining Company. He also says that the litigation is still on with Perdaman.

  • Don't expect tariffs to be capped, says Lanco Infratech Jan 10, 2012 12:00 PM IST

    Don't expect tariffs to be capped, says Lanco Infratech

    In an interview with CNBC-TV18, G Venkatesh Babu, MD of Lanco Infratech said the government has not moved on capping merchant tariffs yet.

  • In talks with PE firms to raise $600m: Lanco Infratech Dec 26, 2011 01:20 PM IST

    In talks with PE firms to raise $600m: Lanco Infratech

    Talking about the company's high debt burden, G Venkatesh Babu, Managing Director of Lanco Infratech said interest rate hike is plaguing the entire infrastructure sector. "The rise in interest rates from 9% to 14% is the cause of the current pressure," he said in an interview to CNBC-TV18.

  • Coal supply agreement with Perdaman terminated: Lanco Infra Aug 30, 2011 06:02 PM IST

    Coal supply agreement with Perdaman terminated: Lanco Infra

    In a press release, Lanco Infratech has said that the coal supply agreement between Griffin Coal and Perdaman has been terminated because Perdaman did not achieve all the conditions precedent related to financial closure in the agreement.

  • Can now raise money for Griffin's expansion: Lanco Infra Aug 12, 2011 04:16 PM IST

    Can now raise money for Griffin's expansion: Lanco Infra

    The Supreme Court of Western Australia has discharged an application by Perdaman Chemicals and Fertilisers to restrain Lanco Infratech from mortgaging Griffin coal assets. Suresh Kumar CFO of Lanco Infra tells CNBC-TV18 that now the company has no embargo in creation of securities for future financing.

  • Expect final ruling on Perdaman case in a year: Lanco Infra Aug 12, 2011 03:41 PM IST

    Expect final ruling on Perdaman case in a year: Lanco Infra

    The Western Australian Supreme Court has dismissed an application by Perdaman Chemicals and Fertilisers to restrain Lanco Infratech from mortgaging Griffin coal assets. Nagaprasad Kandimalla, CEO — business development at Lanco Infra says that the full and final resolution, however, is expected to come only in a year's time.

  • Plea against Lanco dismissed: Perdaman explains the basis Aug 12, 2011 03:31 PM IST

    Plea against Lanco dismissed: Perdaman explains the basis

    The Supreme Court of Western Australia dismissed an application filed by Perdaman Chemicals and Fertilisers to restrain the company from mortgaging Griffin coal assets.

  • Perdaman lawsuit hearing by Sept-end: Lanco Infra Aug 05, 2011 11:20 AM IST

    Perdaman lawsuit hearing by Sept-end: Lanco Infra

    Nagaprasad Kandimalla, CEO Business Development at Lanco Infra said the date of hearing for the Perdaman lawsuit will be out by September-end.

  • Perdaman obtains temporary restraint against Lanco Jul 07, 2011 12:15 PM IST

    Perdaman obtains temporary restraint against Lanco

    Perdaman Chemicals has got a temporary restraint against Lanco Infra against mortgaging Griffin Coal in the future. Andreas Walewski, Director says that the matter will be settled in a hearing on Wednesday.

  • Lanco Infra's conduct a risk to our project: Perdaman Chem Jun 27, 2011 05:00 PM IST

    Lanco Infra's conduct a risk to our project: Perdaman Chem

    Andreas Walewski, director (corporate) of Perdaman Chemicals told CNBC-TV18 that Lanco's conduct posed a risk to their project going ahead which led them to take such a step to protect their legal position.

  • Perdaman lawsuit baseless, factually wrong: Lanco Infra Jun 27, 2011 11:54 AM IST

    Perdaman lawsuit baseless, factually wrong: Lanco Infra

    Lanco Infra was slapped with an Rs 16,733 crore lawsuit, on Friday, by Australia’s Perdman Chemicals & Fertilizers for alleged breach of coal supply agreement.

  • 75 MW solar PV project to wind up by Feb 2012: Lanco Solar May 26, 2011 03:11 PM IST

    75 MW solar PV project to wind up by Feb 2012: Lanco Solar

    Lanco Solar, the subsidiary of Lanco Infratech, has bagged an order in consortium with Juwi Renewable. V Saibaba, CEO of Lanco Solar tells CNBC-TV18 that they will set up a 75-MW solar power project in Maharashtra. The contract was awarded by Maharashtra State Power Generation Co Ltd (Mahagenco).

  • KTPCL transmission line to be erected by June-July: Lanco Mar 18, 2011 02:50 PM IST

    KTPCL transmission line to be erected by June-July: Lanco

    The transmission lines of Udupi power plant of Lanco Infratech is not yet ready and is believed to affect the billing of the company. J Suresh Kumar chief financial officer of Lanco Infratech says that the company won't be generating electricity for lack of evacuation infrastructure and hence, there will be no billing until then.

  • Weighted average cost of debt below 10%: Lanco Group Feb 09, 2011 11:40 AM IST

    Weighted average cost of debt below 10%: Lanco Group

    In an interview with CNBC-TV18, J Suresh Kumar, CFO, Lanco Group, spoke about the latest happenings in his company and sector.

  • Lanco Infra sees reasonable hike of 25% in rev in FY11 Jan 19, 2011 01:42 PM IST

    Lanco Infra sees reasonable hike of 25% in rev in FY11

    Suresh Kumar, CEO of Lanco Infratech in an exclusive interview on CNBC-TV18, says he expects his FY11 topline to see a significant spurt in growth. “You are going to see a reasonable jump in our topline, upwards of 25% on a YoY basis.”

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