Search For "debt"
Jet Airways' CEO, CFO resign from the board
Updated : 6 years, 10 months ago IST
New Delhi [India], May 14 (ANI): Debt-laden Jet Airways' Chief Executive Officer Vinay Dube and Chief Financial Officer Amit Agarwal have resigned from his positions, the company said on Tuesday.
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Jet Airways' CFO Amit Agarwal resigns from the board
Updated : 6 years, 10 months ago IST
New Delhi [India], May 14 (ANI): Debt-laden and grounded Jet Airways' Chief Financial Officer and Deputy Chief Executive Officer Amit Agarwal has resigned from his positions, the company said on Tuesday.
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States' debt rising despite moderation in interest payment, RBI tells Fina
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 8 (ANI): The fiscal deficit of states is budgeted to be lower in 2019-20 but revised estimates and actuals deviate significantly which reflect poor fiscal marksmanship, the Reserve Bank of India (RBI) said on Wednesday.
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Morepen Labs becomes debt-free as profit rises by 125 pc in Q4 FY19
Updated : 6 years, 10 months ago IST
New Delhi [India], May 6 (ANI): Pharmaceutical major Morepen Laboratories said on Monday that it has wiped out all pending debts and clocked 125 per cent rise in standalone net profit at Rs 9.2 crore in the fourth quarter of financial year 2018-19.
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Pak appoints ex-IMF official as SBP head amid IMF talks
Updated : 6 years, 10 months ago IST
Islamabad [Pakistan], May 5 (ANI): Pakistan on Saturday appointed Reza Baqir, a Pakistani economist working for the International Monetary Fund (IMF), as the governor of the State Bank of Pakistan (SBP), as the debt-ridden country seeks to finalise a bailout package from the global lender.
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ICRA downgrades Yes Bank's bonds as quality of large borrowers slides
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): Private lender Yes Bank said on Saturday that rating agency ICRA has downgraded its tier-I and tier-II bonds and infrastructure debt following deterioration in the credit quality of large ticket borrowers.
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CPEC is pushing Pakistan deficit to "unsustainable levels": EFSAS
Updated : 6 years, 11 months ago IST
Groningen [Netherland], Apr 30 (ANI) China through its "debt trap diplomacy" and the China-Pakistan Economic Corridor (CPEC), has pushed Pakistan's deficit to "unsustainable levels", said European Foundation for South Asian Studies (EFSAS).
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India's public debt increased by 57% during PM Modi's rule: Congress
Updated : 6 years, 11 months ago IST
New Delhi (India), Apr 30 (ANI): Congress communications chief Randeep Singh Surjewala on Tuesday attacked Prime Minister Narendra Modi-led NDA government at Centre saying the government has increased India's public debt by 57 per cent to 83 lakh 40 thousand and 26 crore rupees in just 4
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Reliance Capital's long-term rating by Brickworks stands at A+
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 27 (ANI): Brickworks, a SEBI registered credit rating agency, has revised Reliance Capital Limited (RCL) rating to 'A+' for long-term debt program, market-linked debentures and subordinated debt of the company, said the firm in a statement on Saturday. Read More
Jet has asked for emergency Rs 400 crore funding from lenders: Civil Aviat
Updated : 6 years, 11 months ago IST
New Delhi (India), Apr 16 (ANI): Jet Airways has requested for emergency funding of Rs 400 crore from banks and the debt-ridden airline is in talks with lenders Civil Aviation Secretary Pradeep Singh Kharola said on Tuesday. He stressed that a commercial decision is yet to be reached betw
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IMF delays multi-billion aid to debt-ridden Pakistan
Updated : 6 years, 11 months ago IST
Islamabad [Pakistan], Apr 15 (ANI): The International Monetary Fund (IMF) would delay the bailout package to debt-ridden Pakistan as the global money lender has sought details about China-Pakistan Economic Corridor (CPEC), and demanded a written guarantee that it will not use the aid to repa
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Jet Airways cancels international flights till Apr 18; SBI says bid proces
Updated : 6 years, 11 months ago IST
Mumbai [India] Apr 15 (ANI): Jet Airways on Monday cancelled its international operations till April 18 as the debt-ridden airline seeks interim funding from group of lenders headed by the State Bank of India, according to a statement sent out by the Jet CEO to its employees.
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