GTL Infra, after Chennai Network Infrastructure (CNIL) was merged with it, had a debt of Rs 13,318 crore, which stood at Rs 10,000 crore in April 2017.
The private equity firm IDFC Alternatives after partially selling its stake in Viom Networks Ltd to America Tower Corp is now hunting for stake in the debt-ridden GTL Infrastructure Ltd (GTL Infra).
IDFC‘s private equity arm IDFC Alternatives is looking to pick up a controlling stake in telecom tower operator GTL Infrastructure, Mint reported Monday quoting two persons privy to the development.
Cadila Healthcare | KEC International | Crompton Greaves | Siemens | NMDC | Mandhana Industries | NALCO | India Glycols | Dredging Corporation | BGR Energy | Ashoka Buildcon and Endurance Technologies are stocks, which are in the news today.
"Meeting of the committee will be held on Tuesday, November 8, 2016 to consider allotment of equity shares consequent to conversion notices received for conversation of FCCBs at a conversion price of RS 10 per share," the company said in a BSE filing.
"Meeting of the committee will be held on Tuesday, November 8, 2016 to consider allotment of shares consequent on conversion notices received for conversion of FCCBs at a price of Rs 10 per share," the company said in a BSE filing.
Reliance Industries | Wipro | HCL Technologies | Nucleus Software | Gulf Oil Lubricants | Tanla Solutions | Syngene | Biocon | GTL Infra | Ashima | Career Point and Motilal Oswal are stocks, which are in the news today.
To curb excessive volatility, stock exchange BSE today revised the circuit limit for share movement of 14 companies, including Adlabs Entertainment and GTL Infrastructure.
L&T Technology Services | L&T | DLF | BHEL | Majesco | Adani Enterprises | Sun Pharma | Bharat Financial Inclusion | BPCL | Morepen Labs | Websol Energy | Den Networks | NHPC and Indian Hotels are stocks, which are in the news today.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Infosys | Dr Reddy's Labs | Hotel Leelaventure | Edelweiss Financial | Castrol India | Reliance Infrastructure | NBCC | Mangalam Cement | Lloyd Electric | GTL Infrastructure | NTPC | JSW Energy | Jubilant FoodWorks | United Breweries Holdings and McDowell Holdings are stocks, which are in the news today.
On July 7, 2016 Linden Capital L P bought 5,53,80,252 shares of GTL Infrastructure at Rs 2.69.
Tata Motors | DLF | Tata Steel | Gujarat Gas | Sobha | Aurobindo Pharma | Mahindra Holidays | Lupin | Palred Tech | Ricoh India | Astec | Garware Wall Ropes | Indian Hotels | MMTC | GTL Infra Projects | Viji Financehjmun | Vedanta | Hanung Toys | Indo Count and Zee Learn are stocks, which are in the news today.
Shares of telecom tower firm GTL Infrastructure today plunged 6.5 per cent after the company's March quarter numbers failed to impress investors.
Telecom tower firm GTL Infrastructure today said its standalone net loss has narrowed down to Rs 92.75 crore in the March quarter.
"Companies like Jaiprakash Associates, GMR Infrastructure, Lanco Infratech, among others, which are by and large fully bankrupt companies, are the star leaders in this run up to this thing. It tells you what the quality of this rally is going to be," says Ajay Srivastava, CEO of Dimensions Consulting
The company had reported a net loss of Rs 196.69 crore for the quarter ended June 30, 2015. Its total income for the reported quarter stood at Rs 153.71 crore.
Ashish Gupta, the MD & Head of Research at Credit â€“Suisse has drawn up a list of 3700 companies with total debt of USD 505 billion. Of this list, at least USD 55 billion of loans are with companies which have debt higher than their EBIDTA for the last 12 quarters and most of these are still standard in the books of many banks.
YES Bank | Unitech | Tata Motors | Kotak Mahindra Bank | IL&FS Engineering | JK Cement | Syndicate Bank | Natco Pharma | Union Bank of India | Sun TV Network | Gallantt Ispat | R Systems | Shriram EPC | Plastiblends India | GVK Power | Reliance Communications and GTL Infrastructure are stocks, which are in the news today.
Infosys | ITC | IFCI | Merck | Maruti Suzuki | SpiceJet | Moser Baer | ING Vysya Bank | Kamdhenu Ispat | JK Lakshmi Cement | Sarda Papers | Mirza International | Omaxe | Eros International | Future Consumer Enterprise | Dr Datson's Labs | GTL and GTL Infra are stocks, which are in the news today.
Bharti Airtel | Financial Technologies | Tata Motors | Pipavav Defence | NMDC | M&M | HDFC Bank | Ramco Systems | Jai Corp | JB Chemicals | Sundaram Clayton | JK Lakshmi Cement | KEC International | Aurobindo Pharma | Novartis India and National Fertilisers are stocks, which are in the news today.