Search For "debt"
Economic Survey 2018-19: Key Points on India's External Debt, Industry, an
Updated : 6 years, 8 months ago IST
New Delhi [India], July 4 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Thursday tabled the Economic Survey 2018-19 in the Parliament, which says that India's external debt was US$ 521.1 billion at end-December 2018, 1.6 per cent lower than its level at end-Ma
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India's forex reserves comfortable, CAD within manageable level: Economic
Updated : 6 years, 8 months ago IST
New Delhi [India], July 4 (ANI): India's foreign exchange reserves continue to be comfortably placed in excess of 400 billion dollars and the current account deficit (CAD) is within manageable levels, Finance Minister Nirmala Sitharaman said on Thursday while tabling the Economic Survey 2018
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Telecom debt woes spilling into finance sector a cause of worry: ICRIER
Updated : 6 years, 9 months ago IST
New Delhi [India], June 30 (ANI): Declining fortunes of telecom operators and their increasing vulnerability with chances of spillover to the financial sector is a cause of worry, according to a leading think-tank.
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Reliance Home Finance extends maturities on NCDs of Rs 400 crore by 4 mont
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): Reliance Home Finance said on Saturday that maturity of certain non-convertible debentures of Rs 400 crore has been extended till October-end in view of the continuing severe liquidity crisis in the sector.
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Employee consortium, AdiGroup to bid for 75 pc stake in Jet Airways
Updated : 6 years, 9 months ago IST
New Delhi [India], June 28 (ANI): Jet Airways Employee Consortium on Friday announced their partnership with AdiGroup to bid for the acquisition of 75 per cent stake in debt-ridden Jet Airways through the National Company Law Tribunal (NCLT) process.
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Sitharaman agrees to resolve Punjab's Rs 31,000 cr food account debt issue
Updated : 6 years, 9 months ago IST
New Delhi [India], June 28 (ANI): Finance Minister Nirmala Sitharaman on Friday agreed to Punjab Chief Minister Captain Amarinder Singh's request for a joint meeting with her ministry to resolve Rs 31,000 crore food account debt legacy issue.
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Current account deficit narrows to $4.6 billion in Q4 FY19: RBI
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 28 (ANI): India's current account deficit (CAD) totalled 4.6 billion dollars or 0.7 per cent of the GDP in the fourth quarter (January to March) of 2018-19, the Reserve Bank of India (RBI) said on Friday.
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Reliance Infrastructure's sale of Delhi Agra toll road to close by August-
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 27 (ANI): Reliance Infrastructure's sale of Delhi Agra toll road to Cube Highways and Infrastructure III Pte Ltd will be close by the end of August, the Anil Ambani-led company said on Thursday.
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Adani Power says resolution plan for GMR Chhattisgarh approved
Updated : 6 years, 9 months ago IST
Ahmedabad (Gujarat) [India], June 26 (ANI): A consortium of lenders led by Axis Bank has issued a letter of intent approving Adani Power's resolution plan to acquire controlling equity stake and restructure debt in GMR Chhattisgarh Energy Limited (GCEL).
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Farmer who committed suicide wasn't under debt: Sachin Pilot
Updated : 6 years, 9 months ago IST
Jaipur (Rajasthan) [India], June 25 (ANI): The farmer who committed suicide recently in Sri Ganganagar district "wasn't actually under debt", Rajasthan Deputy Chief Minister Sachin Pilot said on Tuesday.
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Emami Group promoters divest 10 pc stake for Rs 1,230 crore in Emami Ltd
Updated : 6 years, 9 months ago IST
Kolkata (West Bengal) [India], June 24 (ANI): Home grown FMCG firm Emami said on Monday its promoters have sold 10 per cent stake in the company for Rs 1,230 crore to reduce their debt.
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RNAM's stake sale, monetisation of other assets to cut Reliance Capital's
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): The second offer for sale (OFS) announced by Reliance Capital to sell its 2.86 per cent shareholding in Reliance Nippon Life Asset Management (RNAM) has received an overwhelming response from investors, the Anil Ambani-led company said on Monday.
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