The central probing agency had earlier booked IVRCL and its directors on a complaint from the State Bank of India and raided their premises for an alleged fraud worth over Rs 4,800 crore against a consortium of banks.
Total income during July-September declined to Rs 115.32 crore, as against Rs 245.35 crore in the year-ago period.
Resolution Professional Sutanu Sinha has published an advertisement today inviting resolution plans for the company, IVRCL said in a BSE filing.
Tata Motors | Sun Pharma | DLF | Cadila Health | Jindal Steel | SpiceJet | Adani Enterprises | MOIL | Cox & Kings | HDIL | Liberty Shoes | Voltas | National Fertilisers | Ashiana Housing | Power Mech | Intellect Design Arena are stocks, which are in the news today.
Infrastructure major IVRCL today reported narrowing of its net loss to Rs 249.27 crore for the third quarter ended December 2016.
The Hyderabad-based construction company had posted a net loss of Rs 306.54 crore in the year-ago period.
Creditors of debt-laden infrastructure developer IVRCL are likely in talks with Essel Infraprojects to sell a controlling stake in the company‘s listed unit Hindustan Dorr-Oliver (HDO), an article in the Mint says.
Tata Steel | Adani Ports | Divis Labs | Crompton Greaves | Prestige Estates | PNC Infra | Polaris | Phoenix Mills | Gujarat Ambuja Exports | eClerx | Escorts | Gujarat Industries Power | HPCL | IOC | BPCL | IVRCL and Hindustan Zinc are stocks, which are in the news today.
Petronet LNG | Bharat Forge | Punj Lloyd | IVRCL | Astral Poly | Ashiana Housing | HealthCare Global | Career Point | Pratibha Industries | IL&FS Engineering and IIFL Holdings are stocks, which are in the news today.
Speaking to CNBC-TV18 Shankar Sharma of First Global said that India is in a good shape. Within emerging markets, India is a steady one, he said, adding that FII selloffs don‘t determine market outcomes.