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Home»Tag: assets

Tag Archives : assets

Real Estate

IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

Loknath Das 02 Jun 2019 407 Views

Crisis-ridden Infrastructure Leasing and Financial Services (IL&FS) is planning to sell its Mumbai headquarters, along with other non-core real estate assets, in order to raise up to Rs 6,000 crore to reduce debt, reported The Economic Times. The move comes as the firm tries to reduce close to Rs 94,000 crore ... Read More »

Banks eyeing ‘resolution’ of Rs.1.5 lakh cr. stressed assets

Saheli 24 Oct 2016 448 Views

Enthused by speedy recovery of loans worth $2.5 billion by three lenders, including ICICI Bank, within days of a mega $13-billion Essar deal, banks are now looking at the resolution of stressed assets totalling about 1.50 lakh crore in the coming months. Having broadly completed the first two stages of ... Read More »

India, US sign important agreement to share military assets, bases
News

India, US sign important agreement to share military assets, bases

Saheli 30 Aug 2016 418 Views

India and the US on Monday signed an important agreement that will make the two nations logistical allies and enable both the militaries to use each other’s assets and bases for repair and replenishment of supplies. Welcoming the signing of the bilateral ‘Logistics Exchange Memorandum of Agreement’ (LEMOA), Defence Minister ... Read More »

Exclusive: Chevron seeks buyers for Myanmar gas assets worth $1.3 billion – sources

Saheli 18 Apr 2016 458 Views

U.S. oil and gas major Chevron Corp has put its Myanmar gas block stakes worth an estimated $1.3 billion up for sale, banking sources familiar with the matter said, in what would mark the biggest M&A transaction involving the country’s assets. The sale is part of Chevron’s efforts to preserve ... Read More »

ED attaches assets worth Rs. 53 crore in NPA case

Saheli 07 Apr 2016 409 Views

The Enforcement Directorate has provisionally attached assets worth Rs. 53 crore in connection with the ongoing investigation into allegations of money laundering of about Rs.2,330 crore funds procured from nationalised banks by Surya Vinayak Industries Limited (SVIL) and its sister concern. Those named as accused are Surya Vinayak Industries, its ... Read More »

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