Search For "defaults"
Suzlon defaults on $172 million bonds, may offload stake
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): Renewable energy solutions provider Suzlon has failed to pay the principal amount of 172 million dollars for outstanding bonds which was due on Tuesday.
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Cox & Kings defaults on commercial paper of Rs 125 crore, rating downgrade
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Cox & Kings has defaulted on an unsecured commercial paper of Rs 125 crore, its third default in the past fortnight totalling Rs 325 crore.
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Eros International announces $20 million share repurchase plan
Updated : 7 years, 2 months ago IST
Isle of Man, June 10 (ANI): Entertainment major Eros International Plc has approved a share buyback programme of up to 20 million dollars of outstanding common shares, a development that comes less than a week after rating company Care cut its creditworthiness, citing delays or likely def
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IOCL stops fuel supply to Jet Airways over non-payment of dues
Updated : 7 years, 4 months ago IST
New Delhi [India], April 5 (ANI): Indian Oil Corporation Ltd (IOCL) has stopped fuel supply to Jet Airways across the nation due to non-payment of outstanding bills, said an IOCL spokesperson on Friday.
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RBI rolls out new stressed assets framework to tackle bad loan problem
Updated : 8 years, 6 months ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): The Reserve Bank of India (RBI) scrapped numerous loan restructuring programmes, asking banks to immediately identify defaults and make disclosures every Friday to the RBI credit registry, starting from February 23.
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Centre says promoter or buyer can terminate agreement in case of default b
Updated : 8 years, 12 months ago IST
New Delhi [India], Nov.2 (ANI): The Centre has said that both the promoters and buyers of housing have the right to terminate an agreement entered into by them in case either side defaults.
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