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The demerged undertaking, together with the existing EPC team of RIL, will create a focused EPC undertaking to cater to the needs of the group
Group power company to raise Rs 3,000 cr separately
However, national highway projects are typically executed by large contractors, with only a small proportion sub-contracted to SMEs
One of the earliest entrants in the PV module manufacturing business in India is seeing brightening prospects for this former sunrise sector
Markab has around $1 billion in assets under management and has significant experience in investment in EPC and construction companies as well as telecom and real estate
National Company Law Appellate Tribunal (NCLAT) had ordered that a former bank official cannot be appointed as a resolution professional (RP) in a company facing bankruptcy
The steel major has contended that the resolution plan submitted by it was ex facie a better resolution plan selected by the CoC.
The slowdown, however, is unlikely to impact the credit profiles of the EPC players primarily because of three reasons
EPC Constructions had defaulted on its loans worth Rs 7,200 crore and has been an NPA since December 2014