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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 200 6 Turnaround Watch · EPC SEPC Ltd (₹6.54): From Stressed Asset to Strategic Platform Debt down from a peak of ₹907 crore to ₹351 crore. Two SAIL orders worth ₹1,527.89 crore landed inside eight weeks. A Dubai-headquartered promoter that bailed the company out of an RBI stressed-asset restructuring is now backing an ADNOC-linked entry into the Middle East. This is what a real turnaround looks like when you actually read the balance sheet instead of the ticker. 1 The Arc: From a ₹300 IPO to a Stressed Asset to a Rescue SEPC Ltd listed in February 2008 as Shriram EPC, priced at ₹300 a share, raising ₹150 crore under the Shriram Group — one of India's most recognised financial-services names, then led by T Shivaraman...
Don't Panic: Reforms coming: the discredited FM, Pranab Mukherjee
Finance minister Pranab Mukherjee said there was "no need for panic" after rating agency Standard & Poor's downgraded the country's outlook from stable to negative on Wednesday.
India is likely to pass some financial reforms in the current session of Parliament, which started on Monday, he added.
"There is no need for panic," Mukherjee told reporters. "The situation may be difficult, but we will be surely able to overcome (it)."

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