Search For "debt"
Banks to function on three days in Kerala during lockdown
Updated : 4 years, 10 months ago IST
Thiruvananthapuram (Kerala) [India], May 7 (ANI): Banks, insurance and financial services, capital and debt market services and cooperative credit societies will function on three days in Kerala due to lockdown imposed to check surge in COVID-19 cases, according to an official order.
Read More
Reliance Industries' deleveraging set to continue: S&P
Updated : 4 years, 10 months ago IST
Singapore, May 6 (ANI): S&P Global Ratings has said Reliance Industries Ltd's (RIL's) deleveraging of its balance sheet is likely to continue with the company's prudent investment policies, stable operations and potential for further asset monetisation supporting the trend.
Read More
Ceat Q4 profit up three-fold at Rs 153 crore on operating efficiencies
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 5 (ANI): RPG Group company Ceat Ltd on Wednesday reported 45 per cent increase in consolidated sales revenue for the March quarter at Rs 2,290 crore.
Read More
China's continues to boost leverage over vulnerable countries as part of i
Updated : 4 years, 10 months ago IST
Beijing [China], May 4 (ANI): China is boosting its leverage over financially vulnerable countries and ensnaring some in sovereignty-eroding debt traps by extending loans with strings attached.
Read More
Varun Beverages Q1 PAT up at Rs 137 crore
Updated : 4 years, 11 months ago IST
Gurugram (Haryana) [India], May 3 (ANI): Varun Beverages Ltd (VBL), a key player in beverage industry and one of the largest franchisee of PepsiCo worldwide, said on Monday its profit after tax increased by 127 per cent to Rs 137 crore in Q1 FY21 from Rs 60 crore in Q1 FY20.
Read More
Risks of China's local debt grows as govt scales back COVID-19 stimulus
Updated : 4 years, 11 months ago IST
Beijing [China], May 2 (ANI): As China has started scaling back the COVID-19 stimulus worth trillions of yuan launched last year, local government debt and corporate bond defaults are emerging as the prime financial risks for the communist government.
Read More
Pakistan to seek debt restructuring of CPEC power projects
Updated : 4 years, 11 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
Read More
Fitch downgrades Future Retail to restricted default on DDE
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], May 1 (ANI): Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following the company's announcement that it has completed restructuring of bulk of its onshore debt.
Read More
Sustainability-linked debt rising as new asset class: S&P
Updated : 4 years, 11 months ago IST
Singapore, April 30 (ANI): The issuance of sustainability-linked debt instruments will top 200 billion dollars this year due to burgeoning sustainability-linked loan market and growing popularity of sustainability-linked bonds, according to a report published on Friday by S&P Global.
Read More
S&P downgrades Future Retail to SD on restructuring of onshore debt
Updated : 4 years, 11 months ago IST
Singapore, April 29 (ANI): S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the issue rating at CCC-minus.
Read More
Experts in Nigeria raise concerns over country's rising indebtedness to Ch
Updated : 4 years, 11 months ago IST
Abuja [Nigeria], April 27 (ANI): Experts in Nigeria have raised concerns over the country's rising indebtedness to China, saying that it is a recipe for economic slavery.
Read More
Gateway Distriparks Q4 profit at Rs 47 crore, reduces debt by Rs 237 crore
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 27 (ANI): Logistics major Gateway Distriparks Ltd (GDL) said on Tuesday its Q4 FY21 consolidated profit after tax jumped by 299 per cent to Rs 47 crore from Rs 12 crore in the same period of previous fiscal.
Read More