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DEBT RESTRUCTURING
A Rs. 48 crore profit on paper, a Rs. 231 crore loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
IMF proposes China’s Min Liao as deputy managing director, Bo Li to exit in NovemberThe International Monetary Fund has nominated Min Liao, China’s Vice Minister of Finance, for Deputy Managing Director. His appointment fol...
Jetblue CEO says company not in talks with its creditors: ReportJetBlue Airways CEO Joanna Geraghty has denied reports of debt restructuring talks with creditors, seeking to assure investors after a shar...
WEF could appoint Lagarde as early as November, sources sayChristine Lagarde is likely to be appointed as the chair of the World Economic Forum next month. This change would require her to step down...
School Assembly News Headlines, October 16, 2026: Check national, international, business, sports updates and thought of the dayCurrent school assemblies are incorporating news segments to educate students on vital global and local happenings. Recently, a tragic scho...
IMF stands ready to support Sri Lanka as economy improves, debt restructuring nears completionThe International Monetary Fund has expressed readiness to support Sri Lanka in its economic recovery efforts. Sri Lanka's macroeconomic si...
IMF reaches staff-level deal with Sri Lanka for $345 million in financingThe International Monetary Fund has agreed to a $345 million financing deal with Sri Lanka. This deal is contingent upon the upcoming 2027 ...
NCLT admits insolvency plea by Kotak Mahindra Bank against Unity RealtyKotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to ...
Donald Trump says he spoke with Venezuela's Delcy Rodriguez about electionsDonald Trump spoke with Venezuela's interim President Delcy Rodriguez this week about upcoming elections in the country. The conversation t...
UN General Assembly: Iran talks, Ukraine ceasefire and AI among key takeawaysWorld leaders gathered at the United Nations to discuss ongoing conflicts in Iran and Ukraine. Diplomatic talks between US and Iranian offi...
Horoscope Today, September 23, 2026: Aries Gets Corporate Approval, Taurus Tackles Property Compliance and Gemini Protects Cash From Joint LiabilitiesThe Moon transits practical Capricorn before moving into Aquarius tonight, aligning with the Sun and Mercury in Virgo to emphasize discipli...
Horoscope Tomorrow, September 12, 2026: Which Zodiac Signs Could See Career Growth, Financial Clarity and Relationship Wins Before Ganesh Chaturthi?Horoscope Tomorrow, September 12, 2026: The Moon and Mercury join forces in Virgo, creating a practical and detail-focused atmosphere for a...
VC-backed B2B firms feel the weight of growth-era debtIndia’s venture-backed B2B firms are grappling with debt accumulated during high-growth years, with Zetwerk directing IPO proceeds towards ...
Charting the global economy: US Job Growth exceeds projectionsUS labour market gains momentum, and Asian economies are holding up despite the conflict in the oil-rich Middle East.
China-US spat at G20 largely came down to dispute over one wordA G20 finance meeting saw US and Chinese officials disagree over trade language. The core dispute centered on the phrase "non-market" polic...
Scott Bessent huddles with G20 to try to rally allies on Iran as tariffs strain tiesUS Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on econom...
- Corporate debt restructuring up 3-fold at Rs 68,000 crore in FY'12
A record number of 87 cases with an aggregate debt of about Rs 68,000 crore were referred for Corporate Debt Restructuring (CDR) last fisca...
- Air India debt restructuring to put Rs 2,000 cr burden on 14 lenders
Air India's debt restructuring will impose a burden of Rs 2,000 crore on the consortium of 14 lenders, said a senior finance ministry offic...
- Koutons Retail debt restructuring plan finalized; to be approved next week
The company's total debt is Rs 660 crore out of which the long term debt of Rs 500 crore will be payable over a period of 10 years includin...
- K S Oils gains on debt restructuring plans: Reports
Shares of edible oil maker KS Oils pared early morning losses on Thursday and gained over 4% on debt restructuring plans, ET Now reports.