CDR plan

Suzlon implements $1.8 billion debt recast plan

The completion of the Corporate Debt Restructuring (CDR) package would pave the way for Suzlon to normalise "business operations" and improve overall performance.

Apr 23, 2013, 20:56 PM IST

Suzlon Energy gets lenders nod for Rs 9,500 cr CDR plan

Wind energy major Suzlon Thursday said its lenders, comprising 19 banks led by the SBI, have approved its proposal to rejig Rs 9,500 crore of domestic debt, providing a big relief to financially troubled company.

Jan 24, 2013, 19:42 PM IST