Search For "defaults"
Travel Agents Association says Go First issue has shocked aviation industr
Updated : 3 years, 3 months ago IST
Mayal in a statement on Wednesday commented on the struggles faced by the industry regarding correct procedures and protocols, stating it is surprising that a country, considered a power centre, faces such challenges again and again, pertaining to the aviation sector.
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China's debt diplomacy threatens African countries natural assets, soverei
Updated : 3 years, 4 months ago IST
Concerns have particularly focused on some clauses that allow Chinese entities to seize property or assets when there are defaults.
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CreditQ, pioneering Credit Management and Information platform, launches M
Updated : 3 years, 5 months ago IST
New Delhi [India], March 9 (ANI/SRV): CreditQ, a 360-degree Credit Management and Information platform and the first of its kind in India, has recently launched a new feature called MSMECiBiL, which enables enterprises to collect or settle their credit transactions. With this feature, the pl
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GNCTD refuses to help in paying arbitral amount to Reliance infra: DMRC in
Updated : 3 years, 7 months ago IST
The Delhi Metro Rail Corporation (DMRC) on Wednesday told the Delhi High Court that the government of NCT Delhi (GNCTD) had informed DMRC that "it is not inclined to provide money for payments arising out of disputes or contractual defaults to the Reliance Infrastructure subsidiary's Delhi A
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China fines Kenya Sh1.31 billion for defaulting on railway loans
Updated : 3 years, 10 months ago IST
Nairobi [Kenya], October 15 (ANI): Chinese banks have fined Kenya 1.312 billion Kenyan shillings in the year ended June for defaults on loans provided to build the standard gauge railway (SGR), according to Treasury documents seen by Business Daily Africa.
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Instagram rolls out update to change default content settings for teens
Updated : 10 months, 2 weeks ago IST
Washington [US], August 26 (ANI): Photo and video sharing platform Instagram has announced that they are rolling out a feature that defaults accounts for new users under 16 years old to 'less', the most restrictive setting for Sensitive Content Control.
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CREDITQ launches India's 1st Business Credit Management & Information
Updated : 4 years, 6 months ago IST
New Delhi [India], January 25 (ANI/SRV): CREDITQ, a single solution platform for all the problems of MSMEs & businesses to minimize the defaults in the MSME sector, CREDITQ launched the platform as of December 25, 2019.
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Reliance Capital welcomes RBI's decision, blames complexity of litigation
Updated : 4 years, 8 months ago IST
New Delhi [India], November 30 (ANI): Reliance Capital Limited welcomed the Reserve Bank of India's (RBI) decision to resolve the company's debt in accordance with the Insolvency and Bankruptcy (IBC) Code.
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RBI supersedes Reliance Capital board, to start insolvency process
Updated : 4 years, 8 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) on Monday superseded the board of directors of Reliance Capital Ltd (RCL) in view of the defaults by the company in meeting various payment obligations to its creditors and "serious governance concerns which the Board has
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Defaults in Asia fall, ratings remain effective indicators of credit risk:
Updated : 5 years, 1 month ago IST
Singapore, June 23 (ANI): Nine companies rated by S&P Global Ratings including two confidential issuers defaulted in Asia last year, accounting for 1.7 per cent of the 353.4 billion dollars in debt globally affected.
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China's debt clampdown raises risk of local government financial defaults
Updated : 5 years, 2 months ago IST
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.
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Risks of China's local debt grows as govt scales back COVID-19 stimulus
Updated : 5 years, 3 months ago IST
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.
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