Apparel manufacturer Koutons Retail has admitted that debt clouds are hanging over the company and there is no other option than planning for debt restructuring to recast debt.
National air carrier, Air India, has accepted the corporate debt restructuring (CDR) package first prepared by SBI Caps and then vetted by Deloitte, reports PTI.
Six MFIs, including SKS has approached the cost debt restructuring (CDR) cell for restructuring their debt, reports CNBC-TV18's Vidhi Godiawala, quoting sources.
Ispat is looking to refinance nearly Rs 7,500 crore debt under corporate debt restructuring (CDR), reports Vidhi Godiawala quoting sources.
In an interview with CNBC-TV18, Purnandu Jain, CMD, Ankur Drugs outlined the contours of the company's corporate debt restructuring plan.
Having suffered a major setback in the December quarter, pharma company Wanbury has applied for restructuring its debt worth Rs 310 crore to the Corporate Debt Restructuring (CDR) cell, reports CNBC-TV18's Vidhi Godiawala quoting sources.