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SDR PROGRAMME
IMF revives Pakistan's EFF programme, approves $1.17bn bailout fundThe international lender approved the 7th and 8th tranche of USD 1.17 billion for Pakistan at an executive meeting in Washington on Monday....30 Aug, 2022, 10.48 AM IST- Moody's warns of downgrading RCom's overseas cable armThe Bermuda-incorporated GCX is a subsidiary of RCom through an intermediary holding company Global Cloud Xchange.14 Sep, 2018, 07.38 PM IST
- Aircel first to file for bankruptcy under RBI’s new normsThe telecom company on Wednesday indicated that the decision by the RBI to do away with the various restructuring schemes triggered its mov...01 Mar, 2018, 07.46 AM IST
- China Development Bank withdraws insolvency petition against Reliance CommunicationsSenior counsel Darius Khambatta said that since RCom’s asset monetisation plan is upto March 2018, CDB is accommodating for the benefit of ...06 Jan, 2018, 07.31 AM IST
- RCom shares surge 35% on inking deal with Reliance JioMukesh Ambani-led Reliance Jio inked a definitive agreement to acquire specified assets of RCom.29 Dec, 2017, 04.14 PM IST
- Ambani to Ambani's rescue! Jio to buy RCom assets, inks pactAnil Ambani led Reliance Communications said that it will utilise the proceeds of the monetisation of this cash deal solely for pre-payment...28 Dec, 2017, 07.10 PM IST
- Reliance Communications shares extend rally; soar 20%The balance debt in RCom is expected to be approximately Rs 6,000 crore only.27 Dec, 2017, 04.18 PM IST
- RCom to exit from SDR framework, to reduce debt by Rs 25,000 crore by March 2018: Anil AmbaniAmbani said that there will be no conversion of debt into equity as reported earlier and that RCom will complete the process between Jan to...27 Dec, 2017, 06.19 AM IST
- Global and domestic PE majors, asset management companies show interest in GTL InfrastructureAfter the merger of CNIL and GTL Infra and restructuring of bonds, Global Group is expected to have around 27% holding and 23 banks will ha...17 Jul, 2017, 01.11 AM IST
- Ritesh Jain’s what I read this week: Dollar has a threat; Indian savings@five-year highSDR notes will help avoid forex and interest risks stemming from assets denominated in a single currency. It will diversify asset allocatio...03 Sep, 2016, 02.59 PM IST
- Masala Bonds can be new funding source for Indian cos: IFCExpressing hope that Indian corporates would come out with Masala Bonds, Hua also said it is a unique opportunity.10 Apr, 2016, 11.11 AM IST
- RBI takes strict measures to tackle bad loans menaceThe central bank has shut out dissenting banks from a committee established to prevent new defaults. Issues such as sale of assets should b...26 Feb, 2016, 10.36 AM IST
- Employees seek revival of country's first PSUA delegation of Indian Telephone Industry, country's first PSU, has sought the intervention of the Ministry of Communication and Informatio...28 Dec, 2015, 08.00 PM IST
- IMF approves half a billion financial assistance to PakistanThe IMF today approved nearly $500 million in its latest tranche of financial assistance to Pakistan, bringing the total amount of money re...19 Dec, 2015, 12.52 AM IST
- Lanco lenders to acquire Teesta Hydro Power through debt-equity conversionThe measure, which gives bankers an upper hand against truant borrowers, is aimed at helping lenders find buyers for stressed assets.10 Aug, 2015, 06.28 AM IST
- Govt surplus with RBI up Rs 29,499 crThe government parked Rs 38,595 crore with RBI during the week ended August 14, even as it struggles to successfully execute its record bor...22 Aug, 2009, 02.47 AM IST
- Govt parks Rs 38,595 crore with RBIThe government parked Rs 38,595 crore with the Reserve Bank of India during the week ended August 14, even as it struggles to sucessfully e...21 Aug, 2009, 07.10 PM IST
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