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LOAN AGREEMENT WORTH
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...- India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
- ED summoned Zepto founders under FEMA ahead of IPO: Here’s what the updated DRHP revealsQuick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summoned by the Enforcement Directorate (...
- Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
- India's Startup Safari in UK to tap into innovation tie-upsIndian startup leaders are in the UK this week to boost AI and technology partnerships. The Startup Policy Forum's 'UK Startup Safari' aims...
- Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGCIndian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a larg...
- IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancingIRFC will provide a Rs 13,527 crore loan to Hyderabad Metro Rail. This refinancing will help clear debt obligations. IRFC expects to fund m...
- IRFC to raise ECB loan worth $2 billion to finance large infra projectsIndian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...
- Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this caseIf the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- OpenAI to invest in YC startups using $2 million worth of tokens; here’s what it meansOpenAI is providing two million dollars worth of tokens to each startup in the current Y Combinator batch. This initiative aims to accelera...
- 25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
- Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
- Comcast's dirty secret cost them $117 million, you could be owed $10,000; here's how to grab your share by August 14The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000...
- Can China's Xi rescue Trump from a bruising West Asia war?Donald Trump seeks a significant win from his upcoming China trip to bolster his reputation and aid midterm election prospects. The meeting...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- Sold Apple for $800, missed out on $400 billion: Why Ronald Wayne has zero regretsRonald Wayne, the lesser-known third co-founder of Apple, sold his 10% stake for $800 in 1976—now potentially worth over $400 billion. Desp...
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