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"KSSF is taking control of the project by settling the dues of this company through a one-time settlement. The deal is likely to be completed before the end of this month. Banks are taking about a 50% haircut in this deal," one of the two persons cited above said. KSSF did not reply to an email seeking comment.
Trending stocks: Reliance Industries shares rise over 1%Shares of Reliance Industries Ltd. traded 1.15 per cent up in trade at 09:54AM on Friday.
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… Read MoreTrending stocks: YES Bank shares down over 4%Shares of YES Bank Ltd. traded 4.35 per cent down in trade at 09:37AM on Friday.
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… Read MoreTrending stocks: Vodafone Idea shares trade flat in early sessionShares of Vodafone Idea Ltd. traded 0.22 per cent down in trade at 09:43AM on Friday.
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… Read MoreWall Street Weekahead: Biden victory? Disputed election? Wall Street prices in November outcomesThough elections have loomed large on investors’ radar this year, their influence on markets has taken a backseat to the coronavirus pandemic and unprecedented stimulus from U.S. policymakers.
from Stocks-Markets-Economic Ti… Read MoreTrending stocks: State Bank of India shares trade flat in early sessionShares of State Bank of India traded 0.22 per cent up in trade at 09:59AM on Friday.
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