Bengal Poised to become a top state in five years: Subrata Gupta, adviser to CM, charts out the path aheadWest Bengal's new government, led by Chief Minister Suvendu Adhikari, aims to reverse the state's decline and position it among the top sta...
Apple sales forecast beats Wall Street expectations, shares riseApple executives said they expect sales growth of 14% to 17% in the current fiscal third quarter, which was above Wall Street estimates of ...
RBI rejects NBFC pleas on funds, norms tighteningThe Reserve Bank of India has rejected several suggestions from Non-Banking Finance Companies. Equity investments in group entities will no...
Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
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...
Evergrande shares rise despite mounting uncertainty over debt revamp planThe rise came despite growing uncertainty about the cash-strapped developer after Reuters reported that some of its offshore creditors were...
Evergrande's debt revamp to provide roadmap on tackling China property crisis"We're all waiting for Evergrande's proposal to get an idea of the terms and it'll set a benchmark," said a senior executive of a property ...
Government revamps scheme for rehabilitation of bonded labourers“The revised scheme shall be a central sector scheme and shall come into effect from January 27, 2022. The state government shall not be re...
Not sought debt recast from any lender; continue to pay dues in timely-manner: Vodafone IdeaVodafone Idea asserted it has not made any request for debt recast or asked for reworking of payment terms.
Reserve Bank of India surprises by reversing debt revamp stanceRBI will allow one-time restructuring of loans to micro, small and medium-sized companies that are in default.
Shree Renuka rallies on nod for arm's debt revampShares of Shree Renuka, which hit a record high of Rs 123.60 in January 2010, had crashed to Rs 7 in August last year.
No more credit funds to women self-help groups, will skill them and lend directly: GovernmentWomen and child development minister Maneka Gandhi said the idea was humiliating to women and is "the best way to end up in bad debt."
Ailing Infrastructure firm IVRCL knocks on CDR doors for debt revampThe Hyderabad-based construction firm, which underwent two major corporate restructuring exercises in the past few years, has sought more t...
Need to revamp corporate debt restructuring mechanism: ReportBanks may see some of their restructured assets turning into bad loans this fiscal with gross NPAs touching around 5 per cent of the system.
- ECB rejects Greek debt revamp in policy clash
European Central Bank officials ruled out a Greek debt restructuring, clashing with political leaders over a solution to the sovereign fina...
- MFI promoters face hit in debt revamp
Banks' debt-restructuring proposals may reduce MFI promoters to minority shareholders as MFI loans will be converted into equity.
- SMEs may get debt revamp forum
The RBI's monetary policy created no fireworks. Given YV Reddy's lack of choice in the face of nervous markets and rocky politics, the gove...