Latest News on Debt
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Debt - Total results - 341
Oct 08, 2018
Mutual funds asset base drops 12.5% to Rs 22 lakh cr in Sep-end on massive outflow: AMFI dataAccording to Association of Mutual Funds in India (AMFI) data, the asset under management (AUM) of the industry, comprising 41 active players, stood at Rs 22.06 lakh crore at the end of September, as compared to a record Rs 25.20 lakh crore in August-end.
Sep 20, 2018
Debt-ridden Reliance Communications' shareholders approve Rs 50,000 crore cap on borrowing limitRCom owes over Rs 40,000 crore to a group of 38 lenders, including Chinese banks, and was resolving the debt through a strategic debt restructuring (SDR) process.
Sep 04, 2018
US senators say Pakistan at risk of debt distress due to CPEC, express concern about China's 'debt-trap' diplomacyUS senators have said that Pakistan is at risk of debt due to rising current-account deficit and external debt obligations caused by the CPEC, in a letter written to the secretary of state Michael Pompeo and secretary of treasury Steven Mnuchin.
Aug 28, 2018
Substantial debt may impact company's ability to raise finance, says Tata Steel in annual reportTata Steel's gross debt in 2017-18 stood at Rs 28,126 crore
Aug 21, 2018
PC Jeweller cuts debt by 10% to Rs 4,064 cr in Q1 FY19; targets to bring it down to less than Rs 3,000 cr by SeptemberIn an analyst presentation, PC Jeweller said it has "voluntarily repaid bank debt of Rs 426 crores in Q1 FY19".
Jul 20, 2018
Bhushan Power & Steel insolvency: NCLAT allows lenders to meet and finalise bid for the debt-ridden companyVacating its earlier stay, the appellate tribunal has directed the committee of creditors (CoC) of the company to consider the resolution plans submitted by three firms -- Tata Steel, Liberty House and JSW Steel
Jun 25, 2018
Govt working to boost Air India's operational efficiencies: Interim finance minister Piyush GoyalThe government is giving a new thrust to strengthen Air India's management practices and operational efficiencies while the disinvestment plan would depend on various circumstances, Finance Minister Piyush Goyal said on Monday
Jun 22, 2018
Cash-strapped Hotel Leelaventure defaults on payment of quarterly interest of Rs 2.12 crore to LICHotel Leelaventure, which currently has a debt of over Rs 3,600 crore, had issued secured redeemable non-convertible debentures on private placement basis aggregating to Rs 90 crores to LIC in December, 2008.
Jun 14, 2018
Aircel, two other companies come under SFIO lens for alleged financial irregularitiesThe Serious Fraud Investigation Office (SFIO) is probing alleged financial irregularities at debt-laden Aircel as well as two group entities -- Aircel Cellular and Dishnet Wireless
Jun 03, 2018
Two farmers commit suicide in Madhya Pradesh amid nation-wide agitation for loan waiverTwo debt-ridden farmers allegedly ended their lives in Madhya Pradesh since 1 June, police said on Saturday.