Search For "debt"
JSPL to divest coal fired power business for Rs 3,015 cr
Updated : 4 years, 11 months ago IST
New Delhi [India], April 27 (ANI): Jindal Steel and Power Ltd (JSPL) said on Tuesday it has accepted a binding offer from Worldone Pvt Ltd to divest its 96.42 per cent stake in Jindal Power Ltd (JPL) in an all-cash offer of Rs 3,015 crore.
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Moody's affirms Macrotech Developers' Caa1 rating, changes outlook to posi
Updated : 4 years, 11 months ago IST
Singapore, Apr 24 (ANI): Moody's Investors Service has affirmed Macrotech Developers Ltd's (MDL's) Caa1 corporate family rating and the Caa1 backed senior secured rating of Lodha Developers International Ltd's USD bonds guaranteed by MDL.
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Mirae Asset launches 1st-in-India passive NYSE FANG+ Funds
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 20 (ANI/BusinessWire India): Mirae Asset Investment Managers India, one of the fastest growing fund houses in the country in the equities and debt segments, today announced the launch of India's first FANG+ based products, 'Mirae Asset NYSE FANG+ ETF', an
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World Bank sets tough loan terms for USD 1.5 billion to Pakistan
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], April 20 (ANI): As Pakistan's financial debt continues to mount, the World Bank has set tough conditions for USD 1.5 billion lending such as an increase in electricity rates, introduction of new power and tax policies, putting the Imran Khan-led government in a tight sp
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Nayan Kambli founds new NBFC named Money 2 Me that promises to be rising p
Updated : 4 years, 11 months ago IST
Mumbai, Maharashtra [India], April 16 (ANI/PNN): A man with experience of over 21 years in fundraising, debt syndication, and private equity, Nayan Kambli has decided to put his expertise into his creation by creating Money 2 Me.
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Real estate gets pvt equity investments of $3.2 billion in Q1: Knight Fran
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): The Indian real estate attracted private equity (debt and equity) investments of 3.24 billion dollars across 19 deals during January to March (Q1 2021), up 16 times compared to 199 million dollars in Q1 2020, according to Knight Frank India.
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China's ambitious BRI project hindered by COVID-19, failure to pay debts
Updated : 4 years, 11 months ago IST
Beijing [China], April 15 (ANI): China's ambitious Belt and Road Initiative (BRI) has been greatly affected by the COVID-19 pandemic, with Beijing quietly scaling back the project, particularly in the emerging markets of Africa, due to banks being over-extended and loans not being repaid on
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IL&FS ups aggregate debt recovery target to Rs 61,000 crore
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 15 (ANI): The new board and management of IL&FS as part of its quarterly update process on the progress of ongoing group resolution process on Thursday shared that it has addressed aggregate debt of Rs 43,000 crore till date.
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Nanda & Nanda Advocates opens office in Cuttack, Odisha to aid the cor
Updated : 4 years, 11 months ago IST
New Delhi [India], April 12 (ANI/NewsVoir): Nanda & Nanda Advocates, a full-service and research-based law firm have embarked on establishing its footprints across the country. To begin with, the firm which has emerged as the best legal firm in India, is all set to open its office in Cut
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Pakistan hoping for USD 1 billion debt relief from G-20
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], April 12 (ANI): Pakistan is hoping to get around USD one billion relief from G-20, the Pakistan Economic Affairs Ministry said on Saturday.
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Bad debt of China's banks mounts by 22 pc
Updated : 4 years, 11 months ago IST
Hong Kong, April 11 (ANI): As China has recorded the lowest economic growth in four decades in the year 2020, the non-performing debt at its four biggest banks swells 22 per cent last year, with the balance set to skyrocket this year if state-mandated loan extensions expire.
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Despite IMF loans, Pakistan continues to rely on China
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], April 10 (ANI): Pakistan is set to address a dozen conditions in six months to meet the USD 6 billion International Monetary Fund (IMF) programme as the debt-ridden country continues to rely heavily on its all-weather friend China, for additional support, according to a
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