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SBI set to own 15 pc of Jet Airways after debt for equity swap: reports

Jet Airways would seek a shareholder nod next month to convert existing debt into equity,

29 Jan 2019 4:16 PM

The company had not mentioned the purpose of fundraising in its latest announcement of the rights issue and neither did it inform on the time horizon. (Photo: PTI)

Vodafone Idea rights issue by February-end; smooth sailing seen

Vodafone Idea Ltd's upcoming rights issue of Rs 25,000 crore will hit the market in February-end.

28 Jan 2019 10:13 AM

There are rising concerns over financial health of Jet Airways, whose shares have also taken a beating at stock exchanges.

Lenders considering resolution plan for Jet Airways: SBI

Shares of the airline are trading 4.24 per cent lower at Rs 259.50 apiece on BSE.

17 Jan 2019 11:51 AM

The airline has to make large debt repayments over the next few years, starting with about 17 billion rupees ($242 million) by the end of March.

Jet Airways proposes late debt repayments to creditors: document

Jet met with lenders, lessors and vendors in India on Tuesday to discuss its financial situation and a debt-repayment plan.

10 Jan 2019 1:23 PM

The group's total debt stood at over Rs 94,000 crore as on October 8, 2018.

IL&FS gets over 30 EOIs for sale of its domestic roads vertical

IL&FS group on December 18, 2018 had initiated the process for asset monetisation.

10 Jan 2019 12:54 PM

The bankers are being called to the meeting to reassure the creditors, some of whom are expected to come to India from overseas

Jet Airways, bankers to meet airline's vendors to discuss debt plan: sources

Jet Airways is close to reaching a deal with State Bank of India for a fresh loan of 15 billion rupees.

05 Jan 2019 10:37 AM

The Minister of State for Civil Aviation, Jayant Sinha also said that Air India has planned to monetise its unutilised and surplus immovable real estate assets over next few years. (Photo: PTI | File)

Govt has prepared revival plan for Air India: Jayant Sinha

Air India is estimated to have a debt worth over Rs 55,000 crore.

27 Dec 2018 1:38 PM

The company had posted net income of USD 1.2 billion in the year-ago period, the firm said.

ArcelorMittal Q3 net income declines 25 pc to USD 0.9 billion

The company's gross debt was at USS 13.0 billion as of September 30, 2018.

01 Nov 2018 2:56 PM

The IMF is very much stressing that global debt at USD 182 trillion in 2017 is at a new record high. (Photo: AFP)

India's debt lower than best, emerging market economies: IMF

India private debt in 2017 was 54.5 per cent of the GDP and the general govt debt was 70.4 per cent of the GDP.

10 Oct 2018 1:36 PM

RBI has been taking steps to improve the overall cash situation.

Govt moves NCLT for management change at IL&FS

IL&FS, where LIC is the largest shareholder with 25.34 per cent stake, has a debt burden of over Rs 90,000 crore.

01 Oct 2018 12:43 PM

Company said ICRA has re-affirmed its credit ratings for its commercial paper of Rs 15,000 crore.

DHFL says Care reaffirms ratings on debt, other instruments

DHFL's market valuation tumbled Rs 8,120.41 crore to Rs 11,031.59 crore on BSE.

22 Sep 2018 6:19 PM

Ajay Tyagi, Chairman, Securities and Exchange Board of India (SEBI). (Photo: PTI).

SEBI chief calls for caution in mutual funds' debt investments

Of the total 12.3 trillion rupees assets under management at debt funds, 11.5 trillion rupees is from non-retail investors.

23 Aug 2018 12:27 PM

The latest proposal by the airline asks bankers to submit their loan proposals by June 13.

Ailing carrier Air India seeks 10 billion-rupee short-term loan

The search for a loan comes a week after the government failed to attract bidders for a stake in the airline.

08 Jun 2018 8:45 AM

Videocon Industries’ chairman Venugopal Dhoot.

NCLT admits Videocon case; Dhoot says banks to recover 80 pc debt

Company in April had approached NCLT requesting it to direct all insolvency cases filed by its lenders to be heard together.

07 Jun 2018 9:00 AM

Centre has invited 'expression of interest' to sell a 76 per cent stake and management control in the airline. (Photo: File)

Monetise Air India assets rather than selling stake: SJM to govt

The government has injected more than Rs 23,000 crore since 2012 to bail out the airline.

20 Apr 2018 9:23 AM

George Alexander Muthoot, the managing director of Muthoot Finance said, 60 per cent of the issue is allocated to retail and high networth individual investors.

Muthoot Finance to sell Rs 3000 cr debt

Muthoot Finance said it will raise up to Rs 3,000 crore in debt, to help it to expand its loan book.

03 Apr 2018 5:09 PM

Millennials accounted for more than 25 per cent of the population in 2015, yet most might not be prepared for retirement. (Photo: Pixabay)

Millennials not saving enough for retirement: study

With the decline of defined benefit plans, millennials need to know much more about investing for retirement.

06 Mar 2018 3:16 PM

Reliance Infrastructure a subsidiary of Anil Ambani's Reliance Group. (Photo: File/PTI)

Reliance Infra gets shareholder nod for sale of Mumbai power biz to Adani

Reliance Infra will use proceeds of deal to reduce its debt, which stood at over Rs 10,000 crore at end of September 2017.

01 Mar 2018 2:41 PM

RCom shareholders approve asset sale plan

RCom in Dec signed a deal to sell all its spectrum, tower, fibre optic and other telecom infrastructure assets to Jio.

16 Feb 2018 1:36 PM

Budget has pegged fiscal deficit at 3.5 per cent of GDP in current year ending March, higher than 3.2 per cent targeted earlier.

High govt debt burden constrains India's rating: Fitch

Government has kicked out its steady 3 per cent fiscal deficit target further to 2020-21, well beyond its term.

02 Feb 2018 10:41 AM

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Aakar Patel