Latest News on Debt
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Debt - Total results - 845
Apr 19, 2018
IMF praises India for using 'right policies' to lower high debt; says control over debt major challenge for ChinaIn fiscal year 2017-18, India is planning to continue with the consolidation in the current fiscal year and over the medium term, the top IMF official said.
Apr 18, 2018
IMF urges India to strengthen ability of banks to go after debtors, warns that debts negatively impact investments"The corporate debt overhang and associated banking sector credit quality concerns exert a drag on investment in India," the IMF's World Economic Outlook report released on Tuesday said.
Apr 16, 2018
Air India privatisation: 18,000 employees cannot hold nation to ransom; sale to set tone for other PSU divestment plansIf the 18,049 Air India employees are allowed to hold the country to ransom, then so will the employees of other loss-making government-owned firms.
Apr 13, 2018
HDFC Bank plans to raise Rs 50,000 cr via bonds in current fiscal to fund business expansionThe decision to this effect will be taken in the board meeting on 21 April, 2018, HDFC Bank said in a regulatory filing
Apr 12, 2018
RIL, JM Financial bid jointly for debt ridden textile manufacturer Alok IndustriesReliance Industries Ltd (RIL) said on Thursday that it has bid jointly with JM Financial Asset Reconstruction Company to acquire the debt ridden textile manufacturer Alok Industries
Apr 04, 2018
ICICI Bank: Some borrowers get debt recast done by Chanda Kochhar's brother-in-law's firm AvistaICICI Bank on its part denied any conflict, saying it had not hired Avista Advisory Group run by Rajiv Kochhar, brother of Chanda Kochhar's husband Deepak, and did not pay any fee.
Mar 29, 2018
Govt bites the bullet on Air India, but high debt, other bid conditions could make disinvestment a bumpy rideKeeping over Rs 33,000 crore debt on the books of the two airlines on offer could be the biggest hurdle to this stake sale.
Mar 23, 2018
Luxembourg-based ArcelorMittal plans to rebid for Essar Steel in second round of biddingThe SBI-led consortium of creditors had this week rejected the bids by ArcelorMittal and Numetal -- SPV floated by Russian lender VTB Bank and Rewant Ruia -- finding them ineligible under the IBC (Insolvency Bankruptcy Code) laws that debar related parties from bidding
Mar 22, 2018
Govt to privatise Air India in phases; Qatar Airways, IndiGo refute reports about a joint bidGovernment is planning to conduct disinvestment process of Air India group in phases and a EoI will be issued for each entity under the corporation
Mar 21, 2018
Air India set to give salary hikes, promotions to pilots even as the Maharajah looks at ways to clear Rs 53,000-cr debtSome employees at Air India complain that the hikes and promotions will increase inefficiencies in the entire workforce.