Search For "debt restructuring"
Sri Lanka must avoid China's debt restructuring as Beijing is to seek pref
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], August 16 (ANI): China will seek preferential treatment on debt restructuring in Sri Lanka which will mostly cater to Beijing's own self-interests and amid this Colombo must avoid these kinds of debt distress efforts at all costs, media reports said.
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Sri Lanka, China free trade agreement negotiations at a standstill
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 19 (ANI): A senior government spokesperson of Sri Lanka said that there has been no positive response from China for the proposed debt restructuring programme despite taking steps to hasten the free trade agreement (FTA).
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Sri Lankan PM Wickremesinghe says economy has collapsed, will hold talks w
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], June 22 (ANI): Prime Minister of crisis-ridden Sri Lanka on Wednesday said that he will hold discussions with the International Monetary Fund (IMF) and arrive at an agreement to obtain an additional credit facility.
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IMF calls for quick agreement between Zambia, creditors on debt restructur
Updated : 3 years, 9 months ago IST
Zambia [Zimbabwe], June 16 (ANI/Xinhua): The International Monetary Fund (IMF) on Wednesday called for a quick agreement between Zambia and its creditors on debt relief in order to speed up the process of a financing agreement.
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Sri Lanka to appoint advisors on debt restructuring in next 20 days
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 24 (ANI/Xinhua): Sri Lanka will appoint advisors to help with its debt restructuring in the next 20 days, Finance Minister Ali Sabry has said.
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Sri Lanka to seek IMF-supported program to manage debt repayment
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 21 (ANI): Amid the ongoing economic crisis, Sri Lanka is seeking the help of the International Monetary Fund (IMF) to restructure its unsustainable debt with Finance Minister Basil Rajapaksa's visiting Washington next month.
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Sri Lanka to start talks with IMF on debt restructuring
Updated : 4 years ago IST
Colombo [Sri Lanka], March 13 (ANI): Sri Lanka is set to begin talks with the International Monetary Fund (IMF) in mid-April on a plan for aid for the crisis-ridden country, media reports said on Sunday.
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Few takers for restructuring 2.0 amid demand recovery: Crisil
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 30 (ANI): Barely one per cent of eligible companies in the portfolio of Crisil Ratings have opted for or are contemplating the debt restructuring facility offered by the Reserve Bank of India (RBI) under its resolution framework 2.0, a survey of 4,700 com
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Tilaknagar Industries marks turnaround led by debt-restructuring, position
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 17 (ANI/NewsVoir): The Board of Tilaknagar Industries has approved allotment of 1.39 crore equity shares of Rs 10 each to Edelweiss Asset Reconstruction Company Limited (EARC) at an issue price of Rs 24.36 per share, including premium of Rs 14.36 per equity
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Pakistan to seek debt restructuring of CPEC power projects
Updated : 4 years, 10 months ago IST
Islamabad [Pakistan], May 1 (ANI): Islamabad is set to seek debt restructuring of USD 3 billion for the China-Pakistan Economic Corridor (CPEC) energy projects and request China to consider restructuring of the repayments for 10 to 12 years in a bid to eliminate the need for increasing power
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Suzlon's Q1 net loss swells to Rs 399 crore on low volumes
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 29 (ANI): India's largest renewable energy solutions provider Suzlon widened its net loss to Rs 399 crore in the April to June quarter from Rs 326 crore in the same period of previous fiscal.
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Care upgrades JSL's credit facilities rating to BBB with stable outlook
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 29 (ANI): Care Ratings has upgraded the rating of Jindal Stainless Ltd's (JSL's) credit facilities to BBB from BBB-minus with a stable outlook.
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