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SBI moves NCLT against Essel Infraprojects, the bank has Rs 100 crore exposure in 2 SPVs – EQ Mag Pro

The SPVs are involved in separate legal proceedings with SBI. One of them, Coruscation Vidyut Vitaran (Ujjain), which was earlier known as Essel Vidyut Vitaran (Ujjain), is facing proceedings at debts recovery tribunal under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act. State Bank of India has moved the […]

IOCL and GPS Renewables Collaborate for Sustainable Energy Solutions – EQ