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Jayalalithaa dead: How Amma's populist policies left a debt bomb ticking in TN

Updated : Dec 06, 2016

By : Dinesh Unnikrishnan

Category : Politics

Jayalalithaa dead: How Amma's populist policies left a debt bomb ticking in TN

In the last five years, when Jayalalithaa was in office, the debt level of Tamil Nadu has risen 105 per cent from Rs 1.14 lakh crore to Rs 2.35 lakh crore. #Tamil Nadu #Chief minister #Debt #Jayalalithaa #InMyOpinion #Amma #O Panneerselvam #Jayalalithaa death
Air India posts Rs 3 cr daily loss in Q1: How will it show 10-fold jump in operating profit?

Updated : Nov 17, 2016

By : Sindhu Bhattacharya

Category : Business

Air India posts Rs 3 cr daily loss in Q1: How will it show 10-fold jump in operating profit?

Not a word on how this will be achieved was there in the minister’s reply, other than the usual reference to generic steps taken in the past on routes, better fleet utilistion etc #air india #Debt #Lok Sabha #loss #Civil aviation #loans #Jayant Sinha #PSU bank #operating profit #S4A scheme
Gold falls to 5-month low on dollar appreciation, US rate hike worries

Updated : Nov 14, 2016

By : Reuters

Category : Business

Gold falls to 5-month low on dollar appreciation, US rate hike worries

A broad sell-off in global commodities and surging bond yields on speculation a splurge of US infrastructure spending could stoke inflation, sent the metal dipping nearly 3 percent on Friday #Dollar #Inflation #Donald Trump #Gold #silver #Debt #Rate hike #Economic growth #US Fed #Currency
Tata Sons' 9-page statement shows, if not for TCS, Tata Group is making operating losses

Updated : Nov 10, 2016

By : Sindhu Bhattacharya

Category : Business

Tata Sons' 9-page statement shows, if not for TCS, Tata Group is making operating losses

The single most important factor confirmed by Tata Sons is: the group’s profit is primarily accruing from just two entities – TCS and Jaguar Land Rover #Tata Steel #Tata Consultancy Services #Tata Group #Debt #Tata Motors #Tata Sons #Tata DoCoMo #Cyrus Mistry #operating profit
HCC's Rs 5,107 cr restructuring: Lenders to meet Wednesday to clear co's S4A scheme

Updated : Nov 08, 2016

By : PTI

Category : Business

HCC's Rs 5,107 cr restructuring: Lenders to meet Wednesday to clear co's S4A scheme

Around 20 lenders led by ICICI Bank have an exposure of over Rs 5,100 crore to the city-based construction major which had turned dud loans some years back #RBI #Debt #ICICI Bank #Hindustan Construction Company #HCC #S4A scheme
If Air India is turning around, why should LIC offer low-cost loan to the Maharajah?

Updated : Oct 20, 2016

By : FP Staff

Category : Business

If Air India is turning around, why should LIC offer low-cost loan to the Maharajah?

Talks with Air India for a softer loan rate comes after the insurer last year in a similar agreement had announced to provide financial package of Rs 1.5 lakh crore till 2020 to Indian Railways #air india #Debt #BSNL #Arun Jaitley #Indian Railways #IOC #MTNL #LIC #loans #Rate of Interest #Carrier #operating profit #insurer
Essar, Rosneft deal is US-sanctions compliant; will not exit oil & gas biz, says Ruia

Updated : Oct 17, 2016

By : FP Staff

Category : Business

Essar, Rosneft deal is US-sanctions compliant; will not exit oil & gas biz, says Ruia

Ruia said the parent company's debt would be cut by some $5 billion and a further $5 billion would go towards trimming debt at the operating company level #Essar Group #Debt #FDI #Prashant Ruia #Essar Oil #US Sanctions #Essar Steel #Rosneft
Air India's maiden operational profit: Why PM Modi shouldn't pat himself on the back yet

Updated : Oct 17, 2016

By : Sindhu Bhattacharya

Category : Business

Air India's maiden operational profit: Why PM Modi shouldn't pat himself on the back yet

Air India suffers from an image problem due to service standards, frequent delays and engineering issues #air india #Airline #Debt #Narendra Modi #IndiGo #Privatisation #parliament #Crude prices #Monsoon session #Mahesh Sharma #A Gajapathi Raju #operational profit #total revenues
Global debt at a record $152 trillion, spend more to boost flagging growth, says IMF

Updated : Oct 06, 2016

By : Reuters

Category : Business

Global debt at a record $152 trillion, spend more to boost flagging growth, says IMF

The IMF said about about two thirds of the 2015 total, or about $100 billion, is owed by private sector borrowers, and noted that rapid increases in private debt often lead to financial crises. #United States #IMF #Debt #Financial crisis #Obama administration #Christine Lagard #Economic Recovery #Fiscal Monitor report
Reliance Communications has virtually merged with Reliance Jio, says Anil Ambani

Updated : Sep 27, 2016

By : IANS

Category : Business

Reliance Communications has virtually merged with Reliance Jio, says Anil Ambani

Anil Ambani also expressed confidence that the company's debt will be cut by 75 percent within a year #Reliance Industries #Mukesh Ambani #2G #Debt #Anil Ambani #3G #Reliance Communications #4G #Reliance Jio #Spectrum trading