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With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

No debt relief' in sight for Bharti Airtel

Sunil Mittal's Bharti Airtel is weighing various options to pare its Rs 96,000-crore debt.

10 May 2018 9:22 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India seeks restoration of equity infusion from govt

The loss-making carrier has already received more than Rs 26,000 crore under the bailout package.

4 Jun 2018 12:34 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways seeks to reassure investors with cost-cutting plan

The airline's net debt as of June 30 was 73.64 billion rupees.

29 Aug 2018 8:27 AM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

LIC, Orix, SBI to subscribe to Rs 4,500 crore IL&FS rights issue

The announcement came at the annual general meeting (AGM) of the company that has been defaulting on debt obligations.

29 Sept 2018 1:46 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Small finance banks lose market share in micro lending

Share of SFBs in the total micro finance market has dropped to 20 per cent in Q1FY19 against 27 per cent in Q1FY18.

27 Sept 2018 8:39 AM IST

However, a former executive director of Air India Jitender Bhargava said, it should not be sold cheaply.

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.

8 Aug 2017 9:39 AM IST

While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Gujarat HC junks Essar Steel plea against RBI's order

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

17 July 2017 5:35 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (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.

8 July 2017 12:26 PM IST

The belief is this would force departments to show efficiency and necessity for funds.

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

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

7 July 2017 1:47 PM IST

Police on Monday seized Rs 93.52 lakh in denomination of Rs 2,000 currency notes from seven people. (Photo: PTI/Representational)

Gujarat's debt burden swells to over Rs 1,82,000 crore

In the last financial year state's public debt was Rs 1,63,451 crore.

24 March 2017 6:46 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

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 July 2017 10:21 AM IST

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 IST