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DEBT LIFELINE
Global Market Today: Asian stocks dip at open as oil edges higherAsian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports...
Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes foreverIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...
Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
Spirit Airlines stock just shocked the market, jumped over 130% while airline stocks fall: is Spirit Aviation Holdings (FLYYQ) a real comeback or bailout-driven spike?Spirit Airlines stock just shocked the market. It jumped over 130% in one session. Shares of Spirit Aviation Holdings Inc. (FLYYQ) surged n...
UAE asks US for a wartime financial lifeline as Iran conflict drags: ReportThe United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...
Workforce living under immense pressure due to govt's failed policies: Congress on Noida protestCongress leader Rahul Gandhi said what unfolded on the streets was the "final cry" of this nation's workers and said the burden of US tarif...
UK's Thames Water debt lifeline to proceed after appeals dismissedThames Water has secured its 3 billion pound debt lifeline after the Court of Appeal dismissed two appeals against it, allowing the company...
Vodafone, a friendIn need in GoIGoI, having decided to convert Vodafone Idea's accrued interest into equity, must now hold the company's joint venture partners to account ...
Global public debt likely to touch 98 pc of GDP in 2020 amid COVID crisis: IMFThe COVID-19 pandemic has posed a severe challenge to public finances, the report said noting that the contraction in output and ensuing fa...
Debt rollover positive for hotels, QSRs and multiplexes, says CLSACLSA believes this will lead to a 4-117 per cent rise in overall debt levels for cos it covers.
Jaganmohan Reddy meets PM Modi, discusses special category status for AndhraReddy, whose party stormed to power on Thursday with a landslide victory in assembly polls, discussed the issues of special category status...
Jet Airways could buy a Rs 750cr lifeline with promoters' moneyLenders to Jet Airways have agreed to a debt conversion and to hold equity up to 49% of the airline.
Indebted IL&FS gets lifeline as shareholders approve fundraisingShareholders of IL&FS agreed to a slew of measures to save the infrastructure conglomerate from defaults.
Deloitte appointed for audit to help decide if Bhushan Steel be given another chance to recast loanThe Reserve Bank of India’s norms on S4A aimed at giving new lifeline to financially troubled company mandates forensic audit and techno ec...
ABG Shipyard seeks to raise upto Rs 1000 through QIPThe shipbuilding industry is hanging on the lenders’ lifeline to get their idle shipyards working, which came to a standstill after several...
Kingfisher Airlines owes over Rs 5,600 crore to state-owned banks: GovernmentCash-strapped Kingfisher Airlines owed over Rs 5,600 crore to public sector banks as on February this year, the government has said.
- SBI did not provide lifeline to Kingfisher Airlines, says government
The government said that State Bank of India (SBI) has not extended any lifeline to the cash-strapped Kingfisher Airlines this fiscal.
- Kingfisher shares gains on report of investment by SC Lowy Financial
Shares of Kingfisher rose over 4 percent in early trade after reports that suggested SC Lowy Financial was in talks to invest around $280 m...
- Malaysia for close ties with India on tapping infrastructure
India and Malaysia should work closely on utilising the potential of infrastructure opportunities in their respective countries, Malaysian ...
- Out of debt row: Bond market gets a lifeline
The credit policy holds out a lot of promise for the beleaguered Indian debt market with the RBI governor announcing a wide range of propos...