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GOVERNMENT BAILOUT
Global Market: Eurozone banking crisis fears return as government borrowing costs surgeRising euro zone borrowing costs have renewed fears of a sovereign debt crisis, particularly in France. European banks’ stronger capital bu...
SBI helped save YES Bank, Japan came aboard, and now an ₹8,415-crore ghost is crashing its comebackYES Bank’s ₹8,415-crore AT1 bond write-off, carried out during its 2020 reconstruction, has returned to the spotlight after the Supreme Cou...
Supreme Court rules against Yes Bank's write-off of Rs 8,415 crore AT1 bondsThe Supreme Court confirmed the decision of the Bombay High Court regarding Yes Bank's AT1 bonds. This ruling impacts ₹8,415 crore in bonds...
IRDAI insurance commission curbs: Why the industry is facing a reckoningThe IRDAI's move to tighten commission caps in India's insurance sector has sparked considerable attention. Despite previous regulatory att...
Neighbourhood Power Play: Transmission lines are new pathways of India’s subcontinental influenceIndia’s power grid is emerging as a strategic counter to China’s Belt and Road push in South Asia. India’s ability to buy large quantities ...
Pakistani PM Shehbaz Sharif refuses to answer questions on Hafiz Saeed, LeT during UNGA visitDuring the 81st United Nations General Assembly, Pakistan Prime Minister Shehbaz Sharif avoided questions about Hafiz Saeed. Reporters aske...
Global Market: China state insurers, banks to raise up to $54 billion to bolster capitalChina’s Ministry of Finance will inject up to $10.4 billion into five state-owned insurers as part of a broader plan to strengthen financia...
Singapore government won’t interfere in decisions on Air IndiaIn a decisive stance, Singapore's government has stated it will not step into Singapore Airlines' investment decisions concerning Air India...
Air India’s $1.5 billion funding ask sparks backlash in Singapore parliamentA Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turna...
Everybody is looking for a govt bailout; there is no plan B: Kapil KaulUnless the aviation promoters pitch in, government bailout would not be enough, says CEO-India & ME, CAPA.
Government bailout is required to revive the hydropower sector: KM Singh, CMD, NHPCThere are around 40 hydropower projects which are currently under stress in India. It will cost around 16,ooo crore to revive them says KM ...
Debt laden Air India unlikely to get government bailout of Rs 30,000 crore by 2020-21FM said that some tough decisions taken by govt were necessary to bring down the fiscal deficit and it was important to control expenditure.
- 6 US banks repay bailouts worth $2.66 billion
Six banks have repaid government bailouts worth a combined $2.66 billion, the Treasury Department said on Wednesday.
- GM, Chrysler each to hire 1,000 engineers
General Motors and Chrysler, two companies that nearly died last year before getting government bailouts, showed further signs of recovery ...
- AIG posts 2Q loss of $538mn on restructuring costs
The insurance giant AIG on Friday reported a $538 mn loss in the second quarter due to charges related to selling assets to repay the feder...
Should bondholders be bailed out?The best policy should categorically exclude bondholders from the set of potential beneficiaries of government bailouts.
- Government not to bailout private airlines
Praful said AI will increase flights to reduce inconvenience to passengers. Monthly Gainers: BSE, NSE | Monthly Losers: BSE, NSE | Video: P...
- What if the government bailed out of the bailouts?
The idea certainly seemed all right with throngs of Americans who were outraged by news that American International Group paid out millions...
No bailout for Satyam at this stage: GovernmentGovt is not considering a bailout plan for scam-tainted Satyam Computer Services at this stage.
Government not keen on bailout for SatyamSources stressed that a bailout has to be for an industry as a whole rather than an individual company