Search For "debt"
CPEC will provide little benefit to locals, especially those in volatile p
Updated : 6 years, 2 months ago IST
Islamabad [Pakistan], Jan 7 (ANI): Analysts have warned Pakistan that the multi-billion dollar China Pakistan Economic Corridor (CPEC) will provide little benefit to the locals, especially those in the marginalised and volatile province of Balochistan.
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JSW Energy signs pact with Jaiprakash Power Ventures to restructure debt
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra), Jan 2 (ANI): JSW Energy on Thursday entered into an agreement with Jaiprakash Power Ventures Ltd (JPVL) to restructure the principal outstanding amount of Rs 751.77 crore owed by JPVL.
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Air India has to be privatised, no other option: Hardeep Puri
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 31 (ANI): The government on Tuesday said that privatisation of debt-ridden Air India has become a compulsion as fear grows about the shutdown of the national carrier.
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United Spirits' outlook revised to positive, ratings reaffirmed
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 31 (ANI): Rating agency Crisil has revised its outlook on long-term bank facilities and non-convertible debentures of United Spirits Limited (USL) to positive from stable while reaffirming the rating at AA-plus.
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Gateway Distriparks to sell its stake in Snowman Logistics, stock jumps by
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 30 (ANI): Gateway Distriparks has entered into a share purchase agreement to sell its entire stake of 40.25 per cent in Snowman Logistics to Adani Logistics for a consideration of Rs 295.92 crore.
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IRDAI restores 100 pc shareholding in RGICL to Reliance Capital
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 30 (ANI): The Insurance Regulatory and Development Authority of India (IRDAI) has held that the pledge of transfer of shares of Reliance General Insurance Company Ltd (RGICL), a 100 per cent subsidiary of Reliance Capital, was in violation of the applicab
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SEBI fines three credit rating agencies for IL&FS debt rating
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 27 (ANI): Stock market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs 25 lakh on each of three leading credit rating agencies for their failure to carry out proper due diligence when assigning credit ratings to the troubled
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Greeks alter Christmas meal menu due to price hikes
Updated : 6 years, 3 months ago IST
Athens [Greece], Dec. 25 (ANI): Pork and Turkey have been the main protagonists in a typical Christmas meal in Greece. But the menu, this year, is changing due to the price hike of main ingredients, local market experts and consumers told Xinhua here on Tuesday.
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Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for Rs 4,35
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 19 (ANI): Debt-ridden Ruchi Soya's resolution is complete with Yoga guru Baba Ramdev's Patanjali Ayurved depositing Rs 1,100 crore equity in a State Bank of India (SBI) escrow account to acquire the edible oil maker for Rs 4,350 crore.
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We're worried, want authorities to address issue appropriately: Mohamed Na
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 14 (ANI): Speaker of Maldivian Parliament and former president Mohamed Nasheed said that a "large amount" of Chinese funds have gone into Maldives as projects, most of which have inflated prices and have led to the debt.
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ICRA maintains negative year-end outlook for telecom industry
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 13 (ANI): Investment information and rating agency ICRA has maintained a negative outlook for the Indian telecom industry which is grappling with adjusted gross revenue (AGR) dues, notwithstanding the green-shoots of recovery.
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Qatar Investment Authority to invest Rs 3,200 crore in Adani Electricity M
Updated : 6 years, 3 months ago IST
Ahmedabad (Gujarat) [India], Dec 11 (ANI): Adani Transmission Ltd (ATL), Adani Electricity Mumbai Ltd (AEML) and a subsidiary of Qatar Investment Authority (QIA) have signed definitive agreements for the sale of a 25.1 per cent stake in AEML to QIA and for a shareholder subordinated debt inv
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