New Delhi [India], Dec 5 (ANI): The board of directors at telecom major Bharti Airtel has approved fund raising of up to three billion dollars (about Rs 21,516 crore) to pay adjusted gross revenue (AGR) dues of over Rs 35,500 crore to the Department of Telecom (DoT) January-end.
New Delhi [India], Dec 4 (ANI): Public sector construction major NBCC India Ltd has submitted a revised resolution plan for debt-laden Jaypee Infratech Ltd.
Mumbai (Maharashtra) [India], Dec 3 (ANI): Maharashtra Cabinet Minister and Nationalist Congress Party (NCP) leader Jayant Patil on Tuesday said that a review meeting has been called to discuss the ability of the state to assess the debt-repaying capability and to discuss the status of the o
Thrissur (Kerala) [India], Nov 28 (ANI): Manapurram Finance, a sizable lender against gold jewellery and ornaments, said on Thursday that international credit rating agency S&P has assigned issuer rating to its proposed issue of debt instruments in the form of US dollar-denominated senior no
London [Britain], Nov 27 (ANI): Indian states face difficulties in reducing deficits, challenging the country's ability to meet medium-term fiscal consolidation goals as economic growth slows, Moody's Investors Service said in a new report released on Wednesday.
New Delhi [India], Nov 26 (ANI): Investment information company ICRA has downgraded Bharti Airtel Ltd's long-term rating from AA to AA-minus due to recognition of higher-than-anticipated provision after the Supreme Court judgment on dues payable towards license fees on adjusted gross revenue
Mumbai (Maharashtra) [India], Nov 25 (ANI): Thomas Cook India Ltd (TCIL) said on Monday that Crisil has reaffirmed its ratings on the debt programmes and bank facilities totalling Rs 739 crore.
Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
Washington D.C. [USA], Nov 24 (ANI): If you have been wondering whether you will be able to inherit your savings after retirement or you will spend your retirement days in debt, your personality traits are the answer.
Chennai (Tamil Nadu) [India], Nov 24 (ANI): Union Finance Minister Nirmala Sitharaman has said that the Central government is making efforts to ensure better regulatory mechanism in the banking sector in the backdrop of PMC and IL&FS debt issues.
Mumbai (Maharashtra) [India], Nov 23 (ANI): Care Ratings has downgraded Vodafone Idea's rating on its long-term bank facilities and non-convertible debentures (NCDs) due to significant erosion in overall risk profile of the company after the recent Supreme Court judgement on adjusted gros