• Tag results for debt

Cash-strapped Punjab ministers to get luxury cars worth Rs 100 crore

Amarinder Singh-led Congress government is all set to splurge on buying 434 new luxury cars for the Chief Minister, ministers, legislators, top officers and a few other functionaries.

published on : 13th November 2018

Tata Sons taking every precautions before buying Jet Airways

The Indian conglomerate is on talks of buyng stakes of the debt-ridden airline

published on : 13th November 2018

Bharti Airtel International begins cash purchase of its USD 1.5 billion bonds to reduce debt

Bharti Airtel International (Netherlands) B V commenced cash purchase of USD 1.5 billion, 5.125 per cent Guaranteed Senior Notes which were due in 2023, Bharti Airtel said in a regulatory filing.

published on : 10th November 2018

Nava Kerala shouldn’t fall into a debt trap

The deluge on the 71st Independent Day paradoxically revealed how interdependent we are in both personal and financial aspects.

published on : 5th November 2018

Government may put IL&FS up for sale, among other options: Source

The government, in a rare move, took control of IL&FS this month after the company defaulted on some of its debt, triggering fears of contagion across India's financial system.

published on : 30th October 2018

Netflix USD 2 billion debt issue adds to spending nerves

Netflix said in April it planned to raise USD 1.5 billion in debt, after raising USD 1.6 billion in October last year, bringing the total in the past year to about USD 5 billion.

published on : 22nd October 2018

US blames China for economic woes in Pakistan

IMF Managing Director Christine Lagarde on Thursday confirmed that Pakistan has formally approached the funding organisation seeking financial assistance to address its economic challenges.

published on : 12th October 2018

Frauds investigator probes five IL&FS firms for fund diversion: Report

The five firms constitute for more than 50 per cent of the entire group's revenue and may have diverted funds in projects that were worth 300 billion rupees.

published on : 10th October 2018

India's debt lower than best, emerging market economies, says IMF

India's debt was substantially less than the global debt as percentage of world GDP, said Vitor Gasper, IMF Director of Fiscal Affairs Department.

published on : 10th October 2018

India's rescue of debt-ridden IL&FS may spell major losses for lenders: sources

One of the government sources, however, cautioned that more defaults cannot be ruled out, as IL&FS needs to repay more than 250 billion rupees by March 2019.

published on : 3rd October 2018

Pakistan cuts Chinese 'Silk Road' rail project by 2 billion USD due to debt concerns

The changes are part of Islamabad's efforts to rethink key Belt and Road Initiative projects in Pakistan, where Beijing has pledged about $60 billion in financing.

published on : 2nd October 2018

Debt-laden IL&FS seeks funding from lenders to fulfill credit dues

IL&FS, which is under 910 billion rupees of debt, has previously said 14 of its 25 assets had seen interest from buyers, and that it plans to raise up to 30 billion rupees through the asset sales.

published on : 29th September 2018

Crop loss: Farmer ends life

A debt-ridden farmer allegedly ended his life in Jajpur district on Tuesday night.

published on : 27th September 2018

Debt trap: Man ‘takes away’ friend’s wife, marries her

Basavaraj staged a dharna on the premises of the Deputy Commissioner’s office on Tuesday, urging the authorities to help him get his wife back.

published on : 26th September 2018

Farmer, wife, two kids commit suicide in Karnataka over debt

On Friday night, Nandish reportedly bought chicken kabab and laced it with poison and consumed it along with his family.

published on : 23rd September 2018
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