HCC (Hindustan Construction Company) got reprieve from the lenders last week with the invocation of S4A (Scheme for Sustainable Structuring of Stressed Assets) scheme, released by RBI to tide over the bad debt crisis. The invocation of the scheme reflects lenders confidence in the strength of the company. A ninety-year old company should ideally fall in the category of ‘too … Continue reading HCC – Too old to fail..!
Lanco Infratech has been in the news for financial losses, stuck projects and numerous discussions with the lenders for debt restructuring. Another infrastructure sector, debt heavy company falling prey its high risk strategy with the change in market conditions.. Lanco is primarily engaged in EPC (Engineering, procurement and construction) and Power Generation sector. The … Continue reading Lanco Infratech – Another house of Debt..