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..
Jaiprakash Associates (JAL) hogged lot of limelight last week when it declared its results although not for good reasons. The company reported defaulting on its principal and repayment dues almost to the tune of what it was worth ten years back..! Another growth story gone wrong.. JAL, a Cement, Power and Civil Construction company ten … Continue reading Jaiprakash Associates – What went wrong.??