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BSE to suspend trading in Lanco Infratech from September 14

The move comes after the Hyderabad bench of National Company Law Tribunal (NCLT), on August 27, ordered the liquidation of the company, and appointed resolution professional Savan Godiavala as the liquidator.

NCLT orders liquidation of Lanco Infratech

The bench headed by judicial member Ratakonda Murali in his orders appointed the interim resolution professional (IRP) Savan Godiavala as the liquidator of the company.

NCLT to pronounce orders on Lanco's liquidation plea on August 27

The IRP had earlier filed a petition before the Hyderabad bench of NCLT for the liquidation of the company as the Committee of Creditors (CoC) rejected the revised bid.

IRP seeks NCLT's direction'on Lanco Infratech's liquidation

The revised plan had been submitted by Thriveni Earthmovers, a Tamil Nadu-based infra and mining firm, on Tuesday as the creditors of Lanco Infratech earlier"rejected its "resolution plan", the company said in a regulatory filing.

Lanco Infratech faces liquidation as Thriveni Earthmovers bid fails to enthuse lenders

Thriveni Earthmovers bid required at least 75% of lenders' votes. Only 15% of lenders voted in favour the iron ore mine developer-cum-operator's bid

Lanco Infratech posts Q3 net loss at Rs 426 crore

It had posted Rs 388.6 crore loss during the same quarter a year ago.

Punters bet on leveraged stocks but analysts warn investors to be wary

High net worth individuals are showing a lot of interest in trading the shares of stressed companies on anticipation that these firms have some intrinsic value left in them.

Lanco Infratech loss widens to Rs 575 crore in July-September

The company is currently under the moratorium period of corporate insolvency resolution process under insolvency and bankruptcy code (IBC) 2016, it said.

This week in banking: Focus on 12 large NPA accounts; Au Small finance bank launches IPO

This week the banking sector focused on the 12 large corporate bad loan accounts identified by RBI to be taken to the National Company Law Tribunal under the Insolvency and Bankruptcy Code.

Lanco Infratech loss swells 5 times at Rs 528 crore in Q4

The company had reported a consolidated net loss of Rs 105.37 crore for the quarter ended March 31, 2016, Lanco Infratech said in a BSE filing.

SAIL set to award ACB arm 30-year deal for Rowghat mine

Steel Authority of India is set to award an arm of ACB India Ltd a 30-year contract to mine, develop and operate its 14 million tonne per year Rowghat iron-ore mine in Chhattisgarh, according to an official familiar with the development.

Bhel, Idea to move out of Nifty 50 from Mar 31

State-run BHEL and telecom major Idea Cellular will move out of National Stock Exchange's Nifty 50 index from March 31.

Stocks in news: GVK, Ujaas, Muthoot Fin, BEML, NALCO, NMDC, HPCL

Lanco Infratech posts Rs 813-cr net loss in Oct-Dec qtr

Lanco Infratech today reported a consolidated net loss of Rs 813.66 crore in the quarter ended on December 31, 2016, mainly due to decline in income.

Stocks in news: ICICI, SBI, Central Bank, Siemens, DLF, UPL, IRB

Lanco posts Q2 net loss of Rs 258.31 cr

Lanco Infratech today reported a consolidated net loss of Rs 258.31 crore for the quarter ended September 30, 2016.

Lanco assets get interest from local, foreign funds, Essel Infra

Besides Essel Infra, investment manager IDFC Alternatives, US-based private equity firm I Squared Capital and Uniquest Infra Ventures Pvt Ltd -- a joint venture of Malaysia‘s UEM Group and IDFC Ltd -- are learnt to have expressed interest in buying Lanco's road assets, a source told Moneycontrol.

RInfra bags Rs 3,675 cr EPC order from NLC India

RInfra is targeting EPC opportunities worth Rs 2 lakh crore. It is aggressively bidding for over Rs 1 lakh crore of projects in this financial year to increase the EPC order book to over Rs 30,000 crore by FY18.

Stocks in news: Hero, TVS Motor, Tech Mah, Indo Amines, Ambuja

Lanco alleges overpayment of AUD 500 mn for an Australian mine

Lanco Infratech, the owners of Griffin Coal, has filed a petition against Australian advisory and investment firm Kordamentha in a Western Australian court alleging that latter misled it by withholding two important issues on the mine's capacity resulting in overpayment of USD 500 million (USD 382 million).

Lanco may sell majority stake in coal projects to pare debt

Debtï¿½laden Lanco Infratech may spin off its coal power projects into a single holding company and then may sell majority of it to OPG Power Ventures to ease the burden, sources close to the development said today.

Stocks in news: IRB Infra, HUL, Indoco, Maithan Alloys, L&T Fin

Lanco Infra, Siyaram Silk, Man Ind down 4-11% on poor numbers

Shares of Jaiprakash Associates plunged nearly 10 percent intraday Monday as it Q1 net loss widened to Rs 603 crore versus loss of Rs 482.4 crore, in the same quarter last fiscal.

Stocks in news: HDIL, Grasim, Adani Ent, Balkrishna Ind, Welspun

Stocks to watch: L&T, Suprajit, JP Associates, Jain Irrigation