Search For "losses"
Goldman Sachs reaches $3.9bn settlement with Malaysia over 1MDB scandal
Updated : 5 years, 8 months ago IST
Kuala Lumpur [Malaysia], July 24 (ANI): Malaysia has reached a USD 3.9 billion settlement with American multinational investment bank, Goldman Sachs, over losses incurred from a multibillion-dollar scandal at the country's 1MDB investment fund.
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AAPA calls for collaboration between governments for aviation recovery
Updated : 5 years, 8 months ago IST
Kuala Lumpur [Malaysia], July 24 (ANI): The Association of Asia Pacific Airlines (AAPA) has urged governments to ease what it calls are unduly onerous restrictions on international air travel to re-establish global connectivity with evidence-based measures to safeguard public health.
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AM Best downgrades credit ratings of New India Assurance
Updated : 5 years, 8 months ago IST
Singapore, July 20 (ANI): AM Best has downgraded the financial strength rating of New India Assurance Company Ltd -- the largest player in India's non-life insurance market -- to B-double plus (good) from A-minus (excellent) and the long-term issuer credit rating to bbb-plus from a-minus.
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Western Railways suffers loss of Rs 1,784 crores due to COVID-19
Updated : 5 years, 8 months ago IST
Puducherry [India], July 20 (ANI): The COVID-19 crisis has caused the loss of earnings to the tune of Rs 1,784 crores to the Western Railways.
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Nagpur idol makers worried ahead of Ganesh Chaturthi
Updated : 5 years, 8 months ago IST
Nagpur (Maharashtra) [India], July 19 (ANI): With Ganesh Chaturthi around the corner, idol makers in Nagpur say they are facing huge losses due to the impact of the COVID-19 pandemic.
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Udhampur admin opens cocoon market, farmers welcome it
Updated : 5 years, 8 months ago IST
Udhampur (Jammu and Kashmir) [India], July 19 (ANI): The Udhampur administration in Jammu and Kashmir has opened a market where farmers can sell cocoons. Farmers have welcomed the step taken by the government as they are facing losses due to the impact of COVID-19 even though, they said, the
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Odisha: Ganjam district administration looking to kickstart supply chain t
Updated : 5 years, 8 months ago IST
Bhubaneswar (Odisha) [India], July 16 (ANI): To reduce transportation woes prevent losses of vegetable farmers, the administration of Ganjam district in Odisha is trying to come up with ways to kickstart the supply chain amid the COVID-19 pandemic.
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Qatar Airways to seek compensation for 'illegal' airspace blockade
Updated : 5 years, 8 months ago IST
Doha [Qatar], July 16 (ANI): Qatar Airways has said it will seek appropriate compensation for losses sustained from an "illegal airspace blockade" imposed since 2017 by four Middle East nations.
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Private bus operators in Mumbai ask for govt aid to cover losses due to CO
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 14 (ANI): The private bus operators association, Mumbai Bus Malak Sanghatana, on Tuesday urged the state and Central governments for financial aid to make up for the losses incurred due to the COVID-19 pandemic.
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Baghjan blowout: Cumulative production losses since May 27 due to blockade
Updated : 5 years, 8 months ago IST
Dibrugarh (Assam) [India], July 13 (ANI): Nearly 45 days since the blowout erupted in Baghjan oil well in Assam, Oil India Limited (OIL) has estimated the cumulative production losses up to today due to the blockade as being 11,764 MT crude oil and 20.47 MMSCM of natural gas.
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$29 billion loss expected for Asia Pacific airlines this year: IATA
Updated : 5 years, 8 months ago IST
New Delhi [India], July 13 (ANI): Airlines in the Asia Pacific region will be the hardest hit by COVID-19 crisis with losses expected to be 29 billion dollars for 2020, the International Air Transport Association (IATA) said on Monday.
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Bengaluru's idol makers concerned over lack of sales ahead of Ganesh Chatu
Updated : 5 years, 8 months ago IST
Bengaluru (Karnataka) [India], July 12 (ANI): With Ganesh Chaturthi around the corner, idol makers in Bengaluru say they are bracing to face huge losses amid the COVID-19 pandemic.
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