Six ARCs acquire 55% of KSK Mahanadi Power's Rs 29,330-crore debt

Six ARCs, led by Aditya Birla and Kotak Mahindra-backed, control majority debt in KSK Mahanadi Power due to lenders' exits amid debt resolution delays. Prudent ARC recently acquired debt through a Swiss auction, ensuring an 80% recovery for the lender."} Read The Rest at :