Debts | The Asian Age

Tuesday, Apr 23, 2024 | Last Update : 07:00 PM IST

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Employees' unions at Air India are opposed to the privatisation of the two government-run entities.

Govt to float RFP for merchant bankers over Air India disinvestment

Airline's total debt stood at Rs 48,876.81 crore (provisional figures) at the end of March 2017.

08 Aug 2017 9:39 AM

Debt auction quota gives overseas investors the right to invest in the debt up to the limit purchased.

Govt bonds oversubscribed; FPIs bid for USD 2.3 billion

FPIs bid for investment limits in govt debt securities worth Rs 14,698 crore as against Rs 10,922 crore.

26 Jul 2017 10:21 AM

Funds were mobilised for business expansion, refinancing of debt, working capital requirements and other general corporate purposes.

Fund-raising via preferential allotment at Rs 1,835 cr in April

Firms had raised a total of Rs 44,251 crore during the entire 2016-17 fiscal through 409 preferential allotments.

19 Jul 2017 7:01 PM

Total revenue stood at Rs 20,524.56 crore in the year-ago period.

Air India net loss reduces to Rs 3,643 crore

Air India's total debt stood at Rs 48,876.81 crore at the end of March 2017.

18 Jul 2017 5:56 PM

The steel company's debt has increased to over Rs 42,000 crores.

Gujarat HC junks Essar Steel plea against RBI's order

Essar Steel was among 12 accounts that were identified for insolvency proceedings.

17 Jul 2017 5:35 PM

Bank raised Rs 21,604 crore as rupee borrowing and Rs 18,800 crore as forex borrowing in the year. (Photo: PTI/Representational)

Exim Bank net plummets 87 per cent to Rs 41 crore in FY17

Export finance institution's transfer of profit to the govt also declined to a trickle at Rs 4 cr in fiscal 2017.

08 Jul 2017 12:26 PM

For the whole of 2016-17, firms mopped up a record Rs 6.41 lakh crore through private placement.

Q1 fund raising via debt placement up 28 per cent at Rs 1.72 lakh crore

Individually, firms raised Rs 63,819 crore in April, Rs 33,389 crore in May and another Rs 75,337 crore in June.

07 Jul 2017 1:47 PM

Non-performing accounts within top 100 exposures contribute to 25.6 per cent of GNPAs.

RBI warns of more NPA pain, sees bad loans topping 10 per cent by March

Net non-performing advances (NNPA) ratio marginally increased to 5.5 per cent in March 2017.

30 Jun 2017 7:39 PM

The company has 1,221 operational petrol pumps and is focusing on expansion into new markets in FY2017-18.

RIL refinances USD 2.3 bn loans to cut interest cost

Company had a gross debt of Rs 1,96,601 crore as on March 31.

28 Jun 2017 4:23 PM

The request of railways that rail as a product should not be included in the list of iron and steel products was also set aside.

'Waiver for special grade steel procurement only after review'

Domestically manufactured iron and steel products valued at Rs 50 crore or more in government procurement.

28 Jun 2017 9:45 AM

About Rs 495 crore of long-term loan will come up for repayment in the current financial year.

Will repay Rs 125 cr debt to PSU bank by June-end: MTNL CMD

MTNL has also sought government aid for its high employee cost - a tab of Rs 2,800 crore.

26 Jun 2017 5:05 PM

According to the latest depository data, FPIs have invested Rs 3,282 crore in equities during June 1-23.

FPIs remain bullish; invest $4 bn in capital markets in June

Total investment in capital markets (equity and debt) has reached Rs 1.44 lakh crore (over USD 22 billion) this year.

25 Jun 2017 1:49 PM

SBI's exposure to telecom companies is in the range of Rs 80,000 crore. (Photo: Representational Image)

Telcos under stress, can default on loans: Banks tell panel

The letter had noted that the total EBITDA in the sector on an annualised basis is Rs 65,000 crore.

15 Jun 2017 9:37 AM

China's overall debt liabilities, which include corporate and household borrowing, are above 260 per cent of gross domestic product. (Photo: AFP)

IMF raises China growth forecast, urges faster reforms

IMF expects China to expand by 6.7 per cent this year, faster than its previous estimate of 6.6 per cent.

14 Jun 2017 5:02 PM

Resolution of Indian banks' bad loans primary focus of govt: Sanyal

Sanyal's comments came a day after the RBI revealed that it had identified 12 of the largest loan defaulters.

14 Jun 2017 11:34 AM

UP had announced a Rs 36,500 crore waiver for a select few farmers, Maharashtra is aiming to give a blanket one. (Photo: AFP)

65 pc of 9.50 trillion agri debt may be potentially waived: Nomura

Debt waiver in the near term leads to relief in agri NPAs for banks in that state.

14 Jun 2017 9:42 AM

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank sets up dept to manage bad loans

IDBI Bank's annual loss for 2016-17 widened to Rs 5,158 crore, as against Rs 3,665 crore in the previous fiscal.

08 Jun 2017 5:52 PM

The gross liability of the telecom industry on account of debt as well as payments related to spectrum has been estimated at a whopping Rs 7,75,000 crore.

Trai to meet telcos next week on sector's financial stress

Key demands of the industry including reduction of licence fee and spectrum charges have already been favoured by the Trai.

07 Jun 2017 5:44 PM

At 21.9 per cent of GDP in 2016, the government revenues were lower than the 26.1 per cent median for Moody's 'Baa'- rated sovereigns.

Reform measures to broaden tax base, cut debt: Moody's

GST will have a muted short-term impact, but its benefits will accrue over medium term.

01 Jun 2017 12:32 PM

Reliance Group Chairman Anil Ambani. (Photo: File)

Moody's downgrades RCom; company says will clear debt by Sep 30

Reliance Group company today said that it has told lenders that it would repay Rs 25,000 cr before Sept 30.

31 May 2017 10:18 AM

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Aakar Patel