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OUTSTANDING DUES REDUCTION
RBI holds repo rate, but for how long will relief for home loan borrowers continue?The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...- 2026 IRS Tax Refund: How to track your money and when you’ll get paid - Check the average refund amountThe 2026 IRS tax refund season is underway, with millions awaiting their 2025 tax return payments. E-filed returns with direct deposit are ...
- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- Vodafone Idea board to weigh fundraise through equity after AGR reliefVodafone Idea board will consider raising funds via equity shares and warrants as sentiment improves after AGR relief and regulatory clarit...
- Sebi discontinues investor risk reduction access platform for stock brokersMarket regulator Sebi on Thursday discontinued the Investor Risk Reduction Access (IRRA) platform for stock brokers with immediate effect, ...
- Bank Lending to NBFCs Rises 26%, Fastest in FY26In the previous fiscal year, bank lending to Non-Banking Finance Companies (NBFCs) witnessed an impressive 26 percent increase, fueled by t...
- When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
- Global funds, Adani, GMR, others in race for NIIF's smart meter businessGlobal infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The c...
- Discom legacy dues drop to Rs 3,300 crore from Rs 1.39 lakh crorePower distribution companies have drastically cut their old dues. Legacy arrears have fallen from over Rs 1.39 lakh crore to just Rs 3,300 ...
- Sugar mills pay Rs 8,126 cr to farmers in first 70 days of 2024-25 seasonIndian sugar mills have disbursed ₹8,126 crore to sugarcane farmers within the first 70 days of the 2024-25 sugar season. Total dues amount...
- Discoms outstanding dues decline 82 pc in over 2 years to Rs 24k crPower distribution companies' legacy dues have drastically decreased by 82% to ₹24,684 crore since June 2022. Thirteen states initially rep...
- Sebi mulls process to seek waiver of interest on penalty paymentMarkets regulator Sebi on Monday proposed a procedure for seeking a waiver or reduction of interest concerning recovery proceedings initiat...
- Reliance Power, Reliance Infrastructure shares rise up to 7.5%; what’s driving the gains?Reliance Power has announced the settlement of obligations amounting to Rs 3,872.04 crore concerning the guarantee for lenders VIPL. The co...
- Much-needed good news for Anil Ambani as Reliance Infra slashes debt from Rs 3,831 cr to Rs 475 crReliance Infrastructure Limited has significantly reduced its standalone external debt from Rs 3,831 crore to Rs 475 crore. The company cle...
- Microfinance sector's bad loan stockpile declines to Rs 36,600 crore by MarchBanks including the country's largest microfinance lender, Bandhan Bank, account for about 45% of the sectoral bad loans, industry sources ...
- Discoms owe Rs 1 lakh crore to power generating firms till February: Power Minister RK SinghThe order mandates NLDC (National Load Dispatch Centre) and RLDC (regional load dispatch centres) to dispatch power only after it is intima...
- RBI rate cuts have reduced corporate, household debt: Shaktikanta Das"The reduction in repo rate by 250 basis points since February 2019 has resulted in a cumulative decline by 217 basis points in the weighte...
- Jharkhand gets on board UDAY, eyes huge gainsJBVNL will have annual savings of almost Rs 115 crore in annual interest cost through reduction of debt to Rs 291 crore, from Rs 1,165 cror...
- Jharkhand nets Rs 5,300 cr through Centre’s power discom debt recast schemeWaiver of outstanding dues to central government power generators will help the state utility save surcharge of Rs 1,000 crore.
- Deccan Chronicle Holdings rejects reports about its debtsDeccan Chronicle Holdings said its networth far exceeds its current outstanding and rejected reports that its debts ran to the tune of thou...
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