{"id":287300,"date":"2019-08-16T07:24:59","date_gmt":"2019-08-16T07:24:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287300"},"modified":"2019-08-16T07:24:59","modified_gmt":"2019-08-16T07:24:59","slug":"suzlons-auditor-bets-on-potential-investor-to-keep-it-going","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/suzlons-auditor-bets-on-potential-investor-to-keep-it-going\/","title":{"rendered":"Suzlon\u2019s auditor bets on potential investor to keep it going"},"content":{"rendered":"<p>An offer from a potential investor is critical for wind turbine maker Suzlon Energy Ltd. to repay lenders and continue as a going concern, its auditor Deloitte Haskins &amp; Sells LLP said in a review report Wednesday.<\/p>\n<p>The offer envisages infusion of additional equity in Suzlon and a waiver of some of the amount due to lenders and bond holders. Based on that, a one-time settlement has been proposed to lenders, the auditor said.<\/p>\n<p>\u201cImprovement of liquidity condition is contingent upon fructification of the offer,&#8221; Deloitte said. \u201cSuch events are not within the control of the group.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An offer from a potential investor is critical for wind turbine maker Suzlon Energy Ltd. to repay lenders and continue as a going concern, its auditor Deloitte Haskins &amp; Sells LLP said in a review report Wednesday. The offer envisages infusion of additional equity in Suzlon and a waiver of some of the amount due to lenders and bond holders. Based on that, a one-time settlement has been proposed to lenders, the auditor said. \u201cImprovement of liquidity condition is contingent upon fructification of the offer,&#8221; Deloitte said. \u201cSuch events are not within the control of the group.&#8221;<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-287300","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287300"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287300\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}