(Reuters) - India's Lanco Infratech Ltd said on Thursday a panel of its creditors has not approved an insolvency resolution plan and that its administrator will file for potential liquidation of the ...

The revenues from the power business during the quarter under review were at Rs 1,240.74 crore, registering a decline of 41.4 per cent. Lanco Infratech on Thursday reported a widened net loss at Rs ...

MUMBAI (Reuters) - Lanco Infratech Ltd said it has sold a 1,200-megawatt (MW) thermal power plant in the southern state of Karnataka to Adani Power Ltd for about 20 billion rupees ($327 million), as ...

The National Company Law Tribunal has allowed the insolvency proceedings against Lanco Infratech to continue onto the next stage. That's the appointment of an insolvency practitioner to oversee the ...

Hyderabad: Lanco Infratech said its net loss for the quarter ended March 31 widened to Rs 584.29 crore on account of drop in revenue and mounting losses in EPC and construction business. The power ...

India's Lanco Infratech Ltd has started a process to restructure debts totaling 75 billion rupees ($1.3 billion) after economic weakness impacted the performance of some of its businesses such as ...

The Supreme Court of Western Australia has ruled in favour of Griffin Coal Mining Company, a subsidiary of diversified infrastructure Indian conglomerate, Lanco Infratech Lanco Infratech has won a ...

NEW DELHI, Dec 13 (Reuters) - Four Indian state-run power companies are close to buying a 1,980 megawatt stranded power plant from collapsed conglomerate Lanco Infratech for 30.2 billion Indian rupees ...

NEW DELHI—Lanco Infratech Ltd. said on Wednesday that it has sold a power plant to Adani Power Ltd. for about 60 billion rupees ($982 million). The transaction will help Lanco reduce its $6 billion in ...

When a young L. Madhusudhan Rao was on a work trip to Tirupati, a temple town in southern India, his Indian Airlines flight crash-landed in rice paddies. Passengers enjoyed a miraculous escape. The ...

LANCO Infratech says it lost more than $36 million on its Australian operations in the last nine months of 2011. Lanco closed a deal to buy Rick Stowe’s failed coal group in February last year, and ...