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REPAYMENT DEFERRAL
Airport operators urge MoCA for urgent relief amid 25% cut charges to compensate revenue lossAirport operators are requesting urgent government support. A 25 percent cut in landing and parking fees for domestic flights has impacted ...- UAE draws up economic shield plan to counter Iran war falloutThe United Arab Emirates is preparing a contingency economic plan. This plan aims to protect the economy from disruption and boost long-ter...
- RBI pause now, tightening later: A delicate trade-off with rising tail risksIndia's economy faces testing times from rising oil prices and global uncertainty. While growth is solid, it is uneven and vulnerable. Infl...
- China Vanke seeks 90-day grace period extension for 2 billion yuan bondChina Vanke is seeking to extend the grace period for a 2 billion yuan bond repayment, originally due December 15, by an additional 90 trad...
- Franklin side pockets value raised from zero to 35%The valuation committee has now valued the schemes at 35% following “a series of positive developments around Vodafone Idea Ltd”, according...
- Experts see big cashflow relief for VIL, some say sizable govt stake likely in telco post-moratoriumThe government has approved a blockbuster relief package for the telecom sector.
- Virgin Atlantic set to raise 160 million pounds in new financing"We continue to bolster our balance sheet in anticipation of the lifting of international travel restrictions during the second quarter of ...
- Corporate Affairs Ministry defers implementation of CARO orderThe government has deferred implementation of the strict disclosure requirements for auditor reports of companies by one year, a move that ...
- COVID-19: Rishi Sunak unveils 'Bounce Back Loan Scheme' for UK's small businessesThe UK Chancellor of the Exchequer told the House of Commons that the new fast-track finance scheme, to open from next Monday, would help b...
- View: Ten steps while restarting the economic engineRefuelling the economy needs a comprehensive approach across different sectors to boost growth in each of them. Right from providing liquid...
- PE cos, realtors may allow deferral of rent for officesFunds such as Blackstone, Warburg Pincus may see a minor blip in their rental incomes.
- Tata Capital loan EMI moratorium: All the terms, conditions and chargesHere are the charges, terms and conditions of availing the three-month equated monthly instalment (EMI) moratorium from Tata capital financ...
- Covid-19 fallout: Outrage breaks out in Germany as Adidas, H&M stop paying rentsSeveral policymakers have spoken against big corporations who are hiding behind the letter of the law to cut costs.
- RBI allows lenders to provide 3-month moratorium on loansBanks will now have discretion in deciding the limits on working capital, with RBI saying that no payment miss should be considered a defau...
- UNCTAD estimates economic impact of Covid-19 at $1 trillionEven as we await FM Sitharaman to unveil GoI’s Covid-19 mitigation economic package, the stimulus could be oriented towards the poor, unemp...
- Proposed concession changes inadequate to revive private sector participation in toll road projects: Ind-Ra"Proposed changes in the concession agreement of build-operate-transfer (BOT) projects such as non-issuances of work orders until 90 per ce...
- Sales tax dues: Essar Oil secures Rs 5K crore credit from 12 banksEssar Oil tied up a new credit facility from domestic banks to provide a credit line of up to Rs 5,000 crore to meet its sales tax liabilit...
- Essar Oil posts Rs 515 cr loss in Jan-Mar quarterEssar Oil today reported a loss of Rs 515 cr for the three months ended March, 2012, due to reversal in sales tax benefits and provisioning.
- Essar Oil files review petition in the Supreme CourtEssar Oil has filed a review petition in the Supreme Court seeking a re-look of the apex court's decision to set aside a ruling of the Guja...
- CARE assigns 'AAA' to PNB's Upper Tier-II bondsCARE has assigned 'CARE AAA' rating to Punjab National Bank's Upper Tier-II bond programme of Rs 2,000 crore, which indicates best credit q...
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