Search For "borrowings"
Slowdown in realty market adds to China's economic woes: Report
Updated : 3 years, 3 months ago IST
The risk of the Chinese ecnomy going into a tailspin has increased, with the country's realty sector facing a crisis due to extreme borrowings by construction contractors, reported Channel News Asia.
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After significant rate hike, Pak govt has to pay heavy price for borrowing
Updated : 3 years, 3 months ago IST
The State Bank of Pakistan's (SBP) decision to hike its key policy rate by 100 basis points to a 24-year high of 16 per cent has created a new problem for Islamabad as it has to pay a heavy price for borrowing after the rate hike.
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Pakistan's economic condition worsens as default on borrowing spikes
Updated : 3 years, 4 months ago IST
Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than taking SOS measures for economic revival, Islamabad is still pinning its hope on assistance from Saudi Arabia and China which have dried up in the recent past.
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National Financial Reporting Authority advises companies on non-accrual of
Updated : 3 years, 4 months ago IST
NFRA said it had come to its attention that during a disciplinary action under section 132(4) of the Act for professional misconduct of a statutory auditor, namely chartered accountant Som Prakash Aggarwal, of a listed company -- Vikas WSP Ltd, that the company in the financial statements
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United States asks China to cooperate with Sri Lanka's debt structuring
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 13 (ANI): A United States diplomat asked China to cooperate with Sri Lanka's debt restructuring and advised the island nation to be responsible for future borrowings while agreeing to participate in the re-structuring of Sri Lanka's debt.
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Borrowings by Telangana exceeded FRBM mandated limit, alleges Sitharaman
Updated : 3 years, 6 months ago IST
Kamareddy (Telangana) [India], September 2 (ANI): Union Finance Minister Nirmala Sitharaman during her visit to Telangana on Thursday launched an attack on the K. Chandrashekar Rao-led Telangana Rashtra Samithi government saying the state's overall borrowings were exceeding mandated limit
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Tembo Global Industries Limited Rs 3616.56 lakhs rights issue to open for
Updated : 3 years, 6 months ago IST
Navi Mumbai (Maharashtra) [India], August 29 (ANI/PRNewswire): Tembo Global Industries Limited ("Tembo" or "the Company"), manufacturer of Pipe Support System having a global presence, is opening its Rights Issue for subscription of its shareholders. The issue opens on August 22, 2022 and
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India Shelter to raise US Dollar 30 million in ECB from DFC
Updated : 3 years, 7 months ago IST
New Delhi [India], August 25 (ANI/BusinessWire India): India Shelter Finance Corporation (ISFC), a Gurgaon based Housing Finance Company, today announced that it has raised $10 million out of the total sanctioned facility of USD 30 million, in external commercial borrowings (ECB) from U.S. I
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Prospects for bank credit growth promising, to grow 12-13 pc in 2022-23: R
Updated : 3 years, 8 months ago IST
New Delhi [India], July 28 (ANI): The medium-term prospects for bank credit growth look promising with rising personal and wholesale borrowings and a substantial buffer for loan provisioning. Credit rating agency CareEdge estimates the credit growth to be in the range of 12-13 per cent durin
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Mitsu Chem Plast Ltd files DRHP for FPO
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 19 (ANI/PNN): Mumbai-based Mitsu Chem Plast Ltd has filed the draft red herring prospectus for proposed further public offering ("FPO") with SEBI. The Further Public Offering of equity shares (to be finalised at the time of allotment) of Rs. 10 each for cas
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SilverLine project: IUML warns Kerala heading towards Sri Lankan tragedy
Updated : 3 years, 10 months ago IST
Kochi (Kerala) [India], May 21 (ANI): Criticising the Kerala government for the SilverLine project, Indian Union Muslim League (IUML) PK Kunhalikutty said the state is heading toward the Sri Lankan tragedy due to borrowings.
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WiredUp, an all-in-one revolutionary financial app, set to change the way
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 15 (ANI/PR Newswire): WiredUp, a corporate-finance application from the house of UnoRoof, was launched in the city today. Developed and conceptualised by Sonali Puri, an ex-banker with two decades of experience in risk management and corporate banking,
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