Search For "debt"
Vedanta's proposed debt-financed acquisition will simplify group structure
Updated : 5 years, 10 months ago IST
Singapore, May 21 (ANI): Vedanta's open offer to acquire the remaining 49.9 per cent shareholding it does not own and to delist it from the Bombay Stock Exchange (BSE) is credit positive and a major step in the simplification of Vedanta's complex group structure, according to Moody's Investo
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Tata Power to consider issuing NCDs, bonds for improving liquidity
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 17 (ANI): Tata Power's board of directors will meet on May 19 to consider issuing non-convertible debentures, bonds or other debt securities on a private placement basis to improve its liquidity position.
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Coronavirus-related debts to be excluded from defaults under IBC
Updated : 5 years, 10 months ago IST
New Delhi [India], May 17 (ANI): Corporate debts related to COVID-19 pandemic will be excluded from default category under the Insolvency and Bankruptcy Code (IBC) for a period of up to one year, Finance Minister Nirmala Sitharaman said on Sunday.
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Rescue farmers from losses due to 'very low prices' in open market: Nara L
Updated : 5 years, 10 months ago IST
Amaravati (Andhra Pradesh) [India], May 16 (ANI): TDP national general secretary Nara Lokesh on Saturday said that YSRCP-led Andhra Pradesh government should initiate village-level procurement of crops in order to rescue farmers from losses and debts due to 'very low prices' in the open mark
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JC Penney pushed into bankruptcy by Covid-19 pandemic
Updated : 5 years, 10 months ago IST
New York [USA], May 16 (ANI): The 118-year-old department store chain JC Penny has been pushed into Chapter 11 bankruptcy due to falling sales amid the coronavirus pandemic, the fourth major US retailer to meet that fate.
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Snowman Logistics reinitiates expansion plans at three locations
Updated : 5 years, 10 months ago IST
Bengaluru (Karnataka) [India], May 14 (ANI): Integrated temperature-controlled logistics service provider Snowman said on Wednesday it has reinitiated expansion plans at three new locations which were put on hold after signing of share purchase agreement for a stake sale.
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Sitharaman announces Rs 30,000 crore special liquidity scheme for NBFCs, M
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).
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Govt announces Rs 3 lakh crore collateral-free automatic loans for MSMEs
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a series of liquidity measures for millions of small businesses reeling under the impact of COVID-19 lockdown, including collateral-free automatic loans worth Rs 3 lakh crore.
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Construction sector can help lead economic recovery: ILO
Updated : 5 years, 10 months ago IST
Geneva [Switzerland], May 12 (ANI): The construction sector may hold the key to kick-starting economies ravaged by the fallout from COVID-19 pandemic, the International Labour Organisation (ILO) has said.
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Adani Transmission Q4 profit falls 60 pc to Rs 59 crore on one-time write
Updated : 5 years, 10 months ago IST
Ahmedabad (Gujarat) [India], May 9 (ANI): Adani Transmission Ltd (ATL) on Saturday reported 60 per cent plunge in its Q4 (January to March) profit after tax at Rs 59 crore compared to Rs 147 crore in the corresponding period of previous fiscal.
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IMF approves $18 billion emergency financing for 50 countries during COVID
Updated : 5 years, 10 months ago IST
Washington DC [USA], May 8 (ANI): The International Monetary Fund (IMF) has already authorised financial assistance for 50 member countries during the coronavirus pandemic, said IMF Spokesperson Gerry Rice on Thursday (local time) during a virtual press briefing.
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Moody's reviews India's negative rating, upgrade unlikely in near term
Updated : 5 years, 10 months ago IST
Hong Kong, May 8 (ANI): Moody's Investors Service said on Friday that an upgrade of its India's rating at Baa2 negative is unlikely in the near term due to economic shock triggered by coronavirus outbreak, weak policy implementation and high debt levels.
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