Search For "debt"
Crisil reaffirms AA, A1+ ratings on Welspun Corp's bank facilities, debt p
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 5 (ANI): Welspun Corp said on Saturday that Crisil has reaffirmed its ratings on Rs 5,825 crore bank facilities and debt programmes at AA and A1-plus.
Read More
Jubilant Life Sciences Q1 PAT down 52 pc at Rs 88 crore
Updated : 5 years, 6 months ago IST
Noida (Uttar Pradesh) [India], September 4 (ANI): Jubilant Life Sciences on Friday reported 52 per cent fall in its profit after tax of Rs 88 crore in the April to June quarter as against Rs 185 crore in the corresponding period of previous fiscal year.
Read More
FM Sitharaman asks banks to roll out loan resolution schemes by mid-Septem
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Finance Minister Nirmala Sitharaman on Thursday asked bankers to roll out loan resolution schemes by September 15 and COVID-19 related distress must not impact their assessment of borrowers' creditworthiness.
Read More
Short payment time frame for AGR dues may dent telecom industry structure:
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 2 (ANI): The relatively shorter payment timeframe for telecom operators to repay AGR dues exerts additional pressure on their cash flows and necessitates sizeable average revenue per user (ARPU) increase that can have an impact on the industry structure, according to i
Read More
Crisil assigns AA-plus, A1-plus ratings to PNB debt instruments
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): Crisil has removed its rating on the long-term debt instruments of Punjab National Bank (PNB) from rating watch with developing implications and reaffirmed it at AA-plus and AA-minus.
Read More
PIL in HC for CBI probe into debt waiver for ESL management transfer to Ve
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): A public interest litigation (PIL) filed in the Delhi High Court seeking a CBI probe into the alleged siphoning of public money by waiving due debts of about Rs 9,358 crores for transfer of ESL management to Vedanta was withdrawn on Monday.
Read More
Adani Airports to acquire controlling interest in Mumbai Airport
Updated : 5 years, 6 months ago IST
Ahmedabad/Hyderabad, [India], Aug 31 (ANI): Adani Group said on Monday it has entered into an agreement to acquire the debt of GVK Airport Developers Ltd (GVK ADL), paving the way to acquire 74 per cent stake in Mumbai International Airport Ltd (MIAL) that operates India's second-largest air
Read More
Suzlon's Q1 net loss swells to Rs 399 crore on low volumes
Updated : 5 years, 7 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.
Read More
Care upgrades JSL's credit facilities rating to BBB with stable outlook
Updated : 5 years, 7 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.
Read More
ICRA Q1 operating income falls by 17 pc to Rs 42 cr
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 28 (ANI): Leading credit rating agency ICRA has reported 17 per cent fall in its operating income for the quarter ended June 30 at Rs 42.5 crore as compared to Rs 51.4 crore in the corresponding quarter of the previous year.
Read More
Government debt likely to stand at 80 per cent of GDP by FY30: Motilal Osw
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 26 (ANI): The government's debt rose to 75 per cent of GDP in FY20 from 70 per cent in FY18 and is likely to reach 91 per cent in FY21, according to estimates from the EcoScope report of Motilal Oswal Financial Services.
Read More
Allcargo Logistics to consider delisting proposal on Aug 27
Updated : 5 years, 7 months ago IST
Mumbai, (Maharashtra) [India], Aug 25 (ANI): The promoters of Allcargo Logistics have proposed to delist the company's shares from stock exchanges as part of efforts to trim the outstanding debt.
Read More