Roseau [Dominica], June 2 (ANI): Indian-born fugitive diamantaire Mehul Choksi's brother, who is also a bank defaulter, has allegedly promised election funding Dominica's Leader of the Opposition Lennox Linton in exchange for pushing Mehul's abduction theory, Associates Times reported citing
Beijing [China], May 27 (ANI): China's debt clampdown has raised the risk of a wave of defaults among the country's heavily indebted local government financing vehicles (LGFVs) for the first time, causing concern in financial markets.
Hong Kong, May 27 (ANI): Fitch Ratings has affirmed Indian Railway Finance Corporation Ltd's (IRFC's) long-term foreign and local currency issuer default ratings at BBB-minus.
Singapore, May 21 (ANI): Fitch Ratings has assigned Oravel Stays (OYO) a first-time expected long-term foreign and local currency issuer default rating of B(EXP).
Singapore, May 20 (ANI): Fitch Ratings has revised the outlook on JSW Steel (JSWS) issuer default rating to positive from negative while affirming the IDR at BB-minus.
New Delhi [India], May 12 (ANI): The Supreme Court on Wednesday dismissed a plea filed by Gautam Navlakha, an accused in the Bhima Koregaon violence case, challenging the Bombay High Court order rejecting his plea for default bail.
Washington [US], May 8 (ANI): American technology conglomerate Google recently confirmed that Gboard for its Wear OS has officially launched and will be way better than the default WearOS keyboard.
Washington [US], May 6 (ANI): According to a new study, bank credit officers are more likely to approve loan applications earlier and later in the day, while 'decision fatigue' around midday is associated with defaulting to the safer option of saying no.
Beijing [China], May 2 (ANI): As China has started scaling back the COVID-19 stimulus worth trillions of yuan launched last year, local government debt and corporate bond defaults are emerging as the prime financial risks for the communist government.
Mumbai (Maharashtra) [India], May 1 (ANI): Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following the company's announcement that it has completed restructuring of bulk of its onshore debt.
Singapore, April 29 (ANI): S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the issue rating at CCC-minus.