Mumbai (Maharashtra) [India], June 7 (ANI): Anil Ambani-led Reliance Infrastructure Ltd is raising funds up to Rs 550.56 crore by preferential allotment of shares to reduce debt and fund future growth.
New Delhi [India], June 5 (ANI): A Prevention of Money Laundering Act (PMLA) court has allowed banks to sell certain real estate assets and securities of fugitive business tycoon Vijay Mallya to recover their debts.
Mumbai (Maharashtra) [India], June 4 (ANI): Crisil Ratings has reaffirmed AAA/stable/A1-plus ratings on the bank facilities and short-term debt programme of Ambuja Cements.
Amaravati (Andhra Pradesh) [India], June 2 (ANI): Andhra Pradesh Agriculture Minister Kurasala Kannababu on Tuesday said that the state government spent Rs 1,30,000 crore through various schemes for the public welfare in the last two years, unlike the previous government who left a debt o
Bengaluru (Karnataka) [India], June 1 (ANI): Former Myntra CEO Ananth Narayanan's Mensa Brands has raised 50 million dollars (about Rs 365 crore) to create a technology-led house of brands for the e-commerce industry.
Singapore, May 31 (ANI): S&P Global Ratings on Monday affirmed its long-term foreign and local currency sovereign credit ratings on Sri Lanka at CCC-plus.
Islamabad [Pakistan], May 30 (ANI): Bankrupt Pakistan's debt problems seem to be escalating as it is all weather-ally China has declined to restructure USD 3 billion in liabilities.
Mumbai (Maharashtra) [India], May 28 (ANI): Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday reported earnings before interest, tax, depreciation and amortisation (EBITDA) at Rs 253 crore in Q4 FY21 against Rs 167 crore in Q4 FY20.
New Delhi [India], May 28 (ANI): Max Healthcare Institute Ltd (MHIL) on Friday reported 141 per cent growth in the profit after tax of Rs 109 crore in the January to March quarter from Rs 45 crore in the same period of previous fiscal.
Beijing [China], May 27 (ANI): China's debt clampdown has raised the risk of a wave of defaults among the country's heavily indebted local government financing vehicles (LGFVs) for the first time, causing concern in financial markets.
Islamabad [Pakistan], May 24 (ANI): As Pakistan's financial debt continues to mount, the country's total debt and liabilities rose to Rs 45.470 trillion at the end of March 2021, an increase of Rs 2.666 trillion or 6.2 percent a year earlier, according to data from the State Bank of Pakistan