New Delhi (India), Aug 14 (ANI): Jet Airways on Monday brushed off reports of a possible stake sale and also put to rest questions on rising debts that raised concerns on its ability to keep the airline flying.
New Delhi [India], Aug 11 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy on Saturday urged Prime Minister Narendra Modi to consider the issues related to debt-ridden Air India and pull up the Finance Ministry among others for trying to privatise the national carrier.
New Delhi [India], August 10 (ANI): Debt-ridden Air India has again failed to disburse the salaries of their employees on time for the fifth consecutive month. The people working for the national carrier are yet to receive their payment for the month of July.
New Delhi [India], Aug 8 (NewsVoir): Digital lending platform and RBI registered NBFC Prest Loans (www.PrestLoans.com), has secured debt funding of about USD 2.5 Mn (appr. Rs. 16.5 Crore) from multiple lenders.
New Delhi [India], Aug 1 (ANI): Flinto Learning Solutions Private Limited, an educational start-up focusing on activity-based learning for kids, raised Rs. 60 million from InnoVen Capital, a venture debt and specialty lending firm.
New Delhi [India], July 27 (ANI): Aye Finance has announced raising funds worth USD 10 million in debt funding from leading global impact investment managers- Triple Jump BV and MicroVest Funds, through the issuance of Non-Convertible Debentures.
Islamabad [Pakistan], July 26 (ANI): In a win-win situation for China, its longtime friendly neighbour Pakistan - currently awaiting its new government post July 25 general election - is reportedly in huge debt crisis because of the USD 62 billion China-Pakistan Economic Corridor (CPEC) plan
Jharkhand (Hazaribagh) [India], July 15 (ANI): In yet another incident of mass suicide, six members of a family here committed suicide owing to mounting debts.
Islamabad [Pakistan], Jul 13 (ANI): Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Friday hit out at the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP), saying that both the parties pushed the country into heavy debt.