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DEBT RESTRUCTURING PROCESS
India & Sri Lanka discuss early launch of UPI payment systemIndia discussed early launch of UPI payment system with Sri Lanka and supports its debt restructuring process. In October, Modi announced t...- Japan explores to revive key infrastructure projects in Sri LankaBoth countries expressed the importance of expediting the implementation of these projects, the President’s Media Division (PMD) said follo...
- Emmanuel Macron meets Ranil Wickremesinghe during historic Sri Lanka visitThe discussions figured on Sri Lanka's ongoing debt restructuring process. Macron reaffirmed France's willingness and commitment to support...
- Sri Lanka's debt restructuring likely to be complete by September: IMFThe IMF has expressed hope that Sri Lanka's debt restructuring process would be completed by September, which is also the time for the glob...
- Need to address growing debt distress across the globe, says FM SitharamanSitharaman made the remarks at a Global Sovereign Debt Roundtable meeting which was also attended by IMF Managing Director Kristalina Georg...
- FM Sitharaman to join her French, Japanese counterparts to announce Sri Lanka debt restructuring processFinance ministers of Japan, India and France will join Sri Lanka in announcing its debt-restructuring negotiation process at the annual Spr...
- Global sovereign debt roundtable to be launched in Bengaluru on sidelines of G20 finance track meeting"It is basically to discuss issues that have been impeding reaching a timely debt restructuring process, and the lessons from the cases tha...
- You'll see Religare back in action soon: Dr Rashmi Saluja"Lenders have also been very cooperative, driven by the understanding that for NBFCs the core requirement is money. Once the debt restructu...
- We are gearing up for Religare 2.0: Rashmi Saluja“We are positive that the Religare restructuring process will go through .”
- Suzlon Energy Q2 results: Firm reports Rs 670 crore net profitThe finance cost of the firm came down to Rs 197.36 crore in the quarter from Rs 300.07 crore in the same period last year.
- Hotel Leela gains 4.5% on completion of Goa property saleShares of Hotel Leelaventure rose 4.5 per cent today after the company completed the Rs 725- crore sale of its Goa property to Ceres Hotels.
- Hotel Leelaventure completes Rs 725 crore sale of Goa propertyHospitality chain Hotel Leelaventure today completed the Rs 725-crore sale of its Goa property to Ceres Hotels.
- Hotel Leela shares jump on Goa property saleThe property will be acquired by Ceres Hotels Private, a wholly-owned Indian subsidiary of MetTube. However, Leelaventure will continue to ...
- India backs draft resolution in UN on sovereign debt principlesIndia voted in favour of a draft resolution on 'Basic Principles on Sovereign Debt Restructuring Processes' in the General Assembly yesterd...
- ICICI Bank acquires 5.15 per cent stake in Hindustan MotorsEarlier this year, the cash-strapped company's management had declared suspension of work at its Uttarpara plant in the West Bengal.
- Hindustan Motors board allots securities to lenders on a preferential basisEarlier this year, the cash-strapped company's management had declared suspension of work at its Uttarpara plant in the West Bengal.
- Hotel Leela promoter firm pledges 18.56% stake with SBI, BOBLeela Lace Holdings Pvt Ltd has pledged shares aggregating to 18.56 per cent stake in it to State Bank of India and Bank of Baroda.
- Vishal Retail to commence debt restructuring process soonHit hard by mounting debts on account of rapid expansion and increasing losses, Vishal Retail has decided to soon commence the process of c...
- MCA orders scrutiny of Subhiksha’s booksThe Ministry of Corporate Affairs (MCA) has cleared the recommendations of the Ministry of Corporate Affairs’ southern regional director fo...
- Won't leave company in the lurch, says Subhiksha MDTroubled retail chain Subhiksha's Managing Director R Subramanian today trashed all speculation regarding his departure from the company's ...
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