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  • Yash Papers shares surge 15% on exit from CDR mechanism

    Yash Papers shares spiked nearly 15 percent intraday Friday on exit from corporate debt restructuring mechanism.

  • Banks see stress in Rs 23,000cr Essar loan

    Ruia-controlled Essar Steel, which has debt of around Rs 23,000 crore on its books, is 30 days behind in its interest payment schedule due to a "liquidity stress" within the company, bankers familiar with the development told moneycontrol.com.

  • CDR: Needs Reinventing?

    It is touted as India's most successful Debt Restructuring mechanism, but recent events beg the question – Does the CDR mechanism need reinventing?

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