Stressed infra doing distress sales

After holding on to their stressed assets for years, infrastructure companies have finally started selling out. It was the Rs. 3,800 cr JP – UltraTech deal last week, and more recently GMR Infrastructure announced that it has sold its majority … Continue reading

IDFC plans launch of private equity fund next fiscal to buy stressed assets

SOURCE : ECONOMIC TIMES Infrastructure Development Finance Co. (IDFC), the top lender to building roads and utilities, plans to launch a private equity fund next fiscal as it sees investment opportunities after the stress in the system plays out due … Continue reading