Debt
(Search results - 52)IndiaNov 16, 2019, 5:35 PM IST
Following losses, Anil Ambani resigns as director of Reliance Communications
Anil Ambani has resigned as the director of Reliance Communications along with four other directors over the week from the debt-ridden company RCom, stated a filing
BollywoodNov 1, 2019, 1:27 PM IST
Inspiring account of Amitabh Bachchan’s victory over crushing financial difficulties
The titanic figure in Indian cinema, Amitabh Bachchan’s revival from a humongous debt of Rs 90 crore is the classic rise of the phoenix from the ashes, an anecdote of strong inspirational valueIndiaOct 5, 2019, 4:31 PM IST
PMC bank scam: Joy Thomas sent to police custody till Oct 17
The Promoters of debt-ridden Housing Development and Infrastructure Ltd (HDIL) Rakesh and Sarang Wadhawan, accused in PMC Bank scam, were sent to police custody till October 9.
BusinessSep 23, 2019, 1:22 PM IST
Thomas Cook UK collapses, leaving European travellers stranded; India operations unaffected
178-year-old British tour operator Thomas Cook Group Plc has collapsed under a pile of debt. However, reports claim that the move will not have any impact on its India operations.
TrendingSep 16, 2019, 5:23 PM IST
Air India sinking? Company raises Rs 7,000 crore via bond issue to help carrier pare debt
While #AirIndiaSinking trends, here is some positive news from the aircraft. The company has raised Rs 7,000 crore via bond issue. It will issue bonds worth Rs 22,000 crore with different tenures in the coming weeks.
IndiaSep 16, 2019, 9:48 AM IST
Woman sells daughter to traffickers; Delhi Commission for Women comes to rescue
Due to severe debts, a woman was forced to sell her 15-year-old daughter and her one-year-old son to traffickers
BusinessSep 7, 2019, 4:19 PM IST
Coffee Day Enterprises appoints IDFC Securities to identify strategic options
Coffee Day Enterprises, which has been in trouble after its founder VG Siddhartha took his own life announced the appointment of IDFC Securities as advisor on identifying strategic options and refinancing of existing debt.
EconomyAug 18, 2019, 12:00 PM IST
Coffee Day Enterprises debt to fall to Rs 1,000 crore post sale of Bengaluru tech park
The debt position of Coffee Day Group post repayment of debt out of proceeds from sale of Global Village is expected to be around Rs 1,000 crore in the next 45 days. As per the filing, total debt of Coffee Day Enterprises as on July 31, 2019 was Rs 3,472 crore.
EconomyAug 12, 2019, 6:12 PM IST
Ambani to sell stake to Aramco, BP to make Reliance debt-free by March 2021
Reliance as a whole has an enterprise value of about USD 134 billion, including telecom and retail businesses.
IndiaJul 29, 2019, 4:04 PM IST
Bengaluru-based Bigbasket gets Rs 100 crore in venture debt from Trifecta Capital
The online grocery store Bigbasket, which was found in 2011, has received venture debt funding from Trifecta Capital on Monday (July 29). They have received an amount of Rs 100 crore
IndiaJun 18, 2019, 5:05 PM IST
Mandya farmer records last wish in selfie video before committing suicide; chief minister reacts
Farmer commits suicide after recording a selfie video, requesting the chief minister to attend his funeral and asked him to supply water to the lakes of Santhe Bachalli which is affected by drought. Here is how the chief minister Kumaraswamy reacted.
IndiaJun 11, 2019, 1:16 PM IST
Pinarayi Vijayan announces relief for debt-ridden Kerala farmers
The Congress raised the issue in the state Assembly and also staged a walkout protesting the government's unwillingness to allow an adjournment motion. The parties argued in the Assembly over the issue of farmer suicides in the state.
IndiaMay 8, 2019, 6:09 PM IST
4 members of poverty-stricken family consume rat poison in Andhra Pradesh; 2 dead
Poverty and debt forced the family into attempting suicide. The deceased are identified as Somasekhar and Mohan from Andhra Pradesh
IndiaMar 25, 2019, 6:18 PM IST
Why Jet Airways is immersed in crisis
Jet Airways is immersed in a crisis that it is struggling to get out of. With Jet’s inability to repay debts, most of the aircrafts in the fleet are grounded and about 41 aircrafts are currently operating. The Directorate General of Civil Aviation has said on March 19 that the fleet is expecting a further downsizing.
IndiaMar 25, 2019, 1:07 PM IST
Jet Airways financial mess claims founder’s job: Naresh Goyal steps down
Buried under a debt of more than $1 billion, Jet Airways is struggling to make payments to banks, suppliers, pilots and lessors. This has led to the grounding of at least 40 planes.