Search For "restructuring"
Sri Lanka likely to miss IMF deadline: Report
Updated : 3 years, 3 months ago IST
The Sri Lankan newspaper said if the country missed the December IMF deadline, it would have to wait for March 2023 to secure a USD 2.9 billion loan from the IMF in eight equal tranches.
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China's reluctance to accept proposed debt restructuring may deprive Sri L
Updated : 3 years, 3 months ago IST
Dr Saravanamuttu said that the IMF expected each creditor to be treated equally which China is unwilling to accept.
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SVP Global Textiles Ltd reports income of Rs 294.10 crore in Q2FY23
Updated : 3 years, 3 months ago IST
Mumbai (Maharashtra) [India], November 15 (ANI/PNN): SVP Global Textiles Ltd, one of the largest compact cotton yarn manufacturers and leading multinational textiles company has reported a Total Income from Operations of Rs 294.1 crore for the quarter ended September 2022, rise of 4.9 per ce
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SpiceJet posts loss of Rs 577.7 crore in Sept quarter
Updated : 3 years, 3 months ago IST
The company said in its statement that its cargo business hive-off would be completed in third quarter (Q3). The airline said it was expecting significant operational improvements and restructuring benefits starting during the third quarter (Q3).
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"India deeply values its relationship with US as a trusted partner..." Nir
Updated : 3 years, 4 months ago IST
Union Finance Minister Nirmala Sitharaman on Friday met US Treasury Secretary Janet Yellen and reiterated that "India deeply values its relationship with the US as a trusted partner."
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US Treasury Secy Yellen calls India a "natural ally", says G20 presidency
Updated : 3 years, 4 months ago IST
Ahead of India's G20 Presidency, set to begin on December 1, US Treasury Secretary, Janet Yellen on Friday said that New Delhi is a "natural ally" and stressed that India's G20 year is a chance to accelerate global coordination on debt restructuring.
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Twitter starts laying off employees in India
Updated : 3 years, 4 months ago IST
There is still no clarification on the severance payout for staff laid off in the country. These layoffs are a part of a global restructuring ordered by the social media platform's new owner Elon Musk.
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Air India signs MoU to acquire AirAsia India
Updated : 3 years, 4 months ago IST
Consolidation of these two airlines, both of which operate as low-cost carriers, will be undertaken as part of the restructuring roadmap that is being envisioned for the Tata group's airline business and is expected to bring customer, revenue, cost and operational benefits through broader ad
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BYJU'S to continue operations at Trivandrum facility after talks with Kera
Updated : 3 years, 4 months ago IST
As part of its central restructuring plans, the firm had asked its Trivandrum staff to consider the option of relocating to Bengaluru while some of its teams are consolidated for better efficiency.
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EvolveBPM, LLC announces new corporate structure
Updated : 3 years, 4 months ago IST
London [UK], November 2 (ANI/PRNewswire): EvolveBPM LLC, a New York-based firm specializing in demand generation services, has announced a corporate restructuring initiative that includes the addition of a key executive to their global team. Speaking with Satish Sadasivan - Founder & CEO
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Pakistan's risk of default spikes to 13-year high of 52.8 per cent
Updated : 3 years, 4 months ago IST
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.
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Pakistan not requested for 'debt swap' with China, says Bilawal
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 30 (ANI): Pakistan Foreign Minister Bilawal Bhutto Zardari on Thursday denied requesting any debt restructuring owed to China, despite the flood situation in the country.
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