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REFINANCING TALKS FAILURE
Star Entertainment CEO Steve McCann to exit after bruising turnaround stintStar Entertainment's CEO Steve McCann is stepping down after a tumultuous period marked by financial turmoil and regulatory scrutiny. Bruce...- Mercantile Ports & Logistics starts legal action as refinancing talks failMercantile Ports & Logistics Ltd. has initiated legal action against a group of unidentified banks in India, alleging they failed to act fa...
- Swiggy's Majety on Instamart's momentum; Adani eyes display pivotHappy Friday! Instamart is taking on quick commerce rivals with its own strength. This and more in today's ETtech Morning Dispatch.
- Good Glamm founder Darpan Sanghvi launches startup acceleration platform CoFounder CircleThe artificial intelligence (AI)-led platform is designed to provide entrepreneurs access to cofounders, team members, interns, fractional ...
- Bond fund managers bet on credit derivatives marketsBond fund managers have so much cash they’re turning to the derivatives market to put it to work, pushing down the cost of protection again...
- Pakistan receives $1 billion loan from ChinaIn a major relief to the cash-strapped country, Pakistan received USD 1 billion from China, ARY News reported citing the State Bank of Paki...
- CreditSights recommends ‘buy’ on VRL offshore bondsCreditSights, owned by Fitch Ratings, has recommended investors buy bonds of Vedanta Resources (VRL) with a high-risk appetite and a possib...
- Adani Group in talks for first major debt refinancing after HindenburgAdani Group is in talks with several lenders, including global banks, to refinance a loan facility of up to $3.8bn it had taken for its Amb...
- Adani in talks for first major debt refinancing after HindenburgThe ports-to-power conglomerate owned by Indian tycoon Gautam Adani is mulling whether to convert the original loan into debt with a longer...
- Cash-strapped Vedanta closing in on $1.5-$2 billion fund from FarallonThe structure being worked out involves part of the funding, $800-$900 million against corporate guarantees of Vedanta Limited (VDL), Agarw...
- There are conflicting signals sent out on rate: IDFC Mutual Fund's Suyash Choudhry"What RBI means by 4% inflation is what it wants in the medium term. The medium-term is a function of how government policies evolve," Suya...
- Anil Ambani-led RCOM and Aircel may complete $6-billion merger by JulyThe deadline for exclusive negotiations was extended by a month until June 22 and executives are confident of sorting out outstanding issue...
- August 28, 2014: Mecklai Financial report on RupeeThe rupee is likely to trade in the range 60.20/60.60 levels, on finally breaking below the crucial support of 60.40.
- NHAI serves order scrapping Gurgaon expressway dealThe order, dated February 18, was issued as per a Delhi high court directive to the National Highways Authority of India (NHAI). Its fate w...
- India has great long term growth prospects: Christopher Flowers"It is obvious that financial services penetration will add to the Indian growth story as penetration expands in India," J Christopher Flow...
- Banks take $200-mn hit on no-showBanks are set to lose potential fee of over $200 million due to the failure of the Bharti-MTN transaction. Advisors and bankers to Bharti h...
- ICICI has never squandered capital: K V KamathICICI Bank has fought quite a few battles in the financial markets. Over the last few years, the country's largest private lender has taken...
- ICICI has never squandered capital: K V KamathAmid apprehension of its stakeholders, ICICI Bank CEO K V Kamath speaks about the bank's perception and other issues. Top banking crises si...
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