Search Results for: debts

toyota kirloskar motor, tkm, Innova Crysta, fortuner, etios, tkm cars, domestic car sales, car sales

Toyota to team up with Uber to develop driverless car; invests $500m in taxi aggregator

Interestingly, the deal has valued Uber at $72 billion despite its mounting debts. The current valuation is up by 15 per cent since last investment in the month of May.

Aug 28, 2018

Private power sector companies to face insolvency proceedings on default of Rs 1.7 lakh crore loan

The Reserve Bank of India had earlier this year tightened the norms for clearing bad debts by setting timelines for resolving the stressed asset within 180 days.

Aug 28, 2018

2019 general elections: Modi govt to raise Rs 1.7 lakh crore to fund flagship schemes

The Centre doesn't have any other option but to take the EBR path as it aims to bring down fiscal deficit from 3.5 per cent in FY18 to 3.3 per cent in FY19, 3.1 per cent in FY20 and 3 per cent in FY21.

Aug 27, 2018

sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

Public sector banks eyeing to clear bad debts; loan recovery put on fast track

PSBs have managed to recover more than Rs 36,500 crore of bad debts and assets during the first quarter of the ongoing fiscal year.

Aug 18, 2018

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Jet Airways has debunked rumours of pay cut and job losses but the shares have been on free fall. Meanwhile a new report says the carrier needs a huge cash infusion immediately to stay afloat.

Aug 10, 2018

Over 17,000 jobs at risk as UK's retail giant House of Fraser goes into administration

The fate of 169-year-old House of Fraser, which employs 17,500 people, was sealed when C.banner, a Chinese company, pulled out of a deal to pump in money in the business. Here are four things that went wrong for the retail giant.

Aug 10, 2018

imf on india, imf report on india, india to overtake germany, india to surpass germany, india as 4th largest economy, imf on gst implementation, modi govt

IMF calls for privatisation of Indian banks; warns against government ownership

The International Monetary Fund affirmed the significance of a comprehensive plan to improve the governance, internal controls, and operations of public sector banks, which also included privatisation of the public sector banks.

Aug 8, 2018

Narendra Modi and Rahul Gandhi fake Twitter followers report is flawed

Rahul Gandhi hits out at NDA regime, says PM Modi's 'magical train headed for a bad accident'

Addressing his party lawmakers, the Congress chief questioned the government on its stance on women safety.

Aug 7, 2018

jet airways q4 annual results indian aviation dgca jet net profit sales atf

Is Jet Airways headed for Kingfisher's fate? Fact file on Naresh Goyal and his iconic carrier

The launch of Jet Airways in 1993 marked the opening up of the rusty Indian economy. It's a paradox that, decades later, the iconic carrier is facing trouble in an era defined by the 100 percent FDI in aviation sector.

Aug 3, 2018

Is China attempting to lure Imran Khan with its economic might?

In last the 13 months, China has proceeded a loan of $6.2 billion which is equivalent to the last aid it received from the International Monetary Fund.

Aug 2, 2018

Banks, lessors serve default notices to debt-ridden Air India

The country's national carrier has failed to generate enough profits to cover the interest it has to pay on its whopping Rs. 466.69 billion debt.

Jul 30, 2018

Bankers come to the aid of striking IDBI employees to oppose its sale to LIC

The government must maintain its commitment to hold 51 percent of equity in IDBI at all times. But, by allowing LIC to acquire 51 percent of equity in IDBI, the government will be facilitating the drop of its equity to 43 percent.

Jul 24, 2018

CBI grills two former RBI deputy governors in loan fraud investigation

Two ex-deputy governors at RBI are facing investigation in the Kingfisher loan case. Separately, the CBI had quizzed former deputy governors Harun Rashid Khan and KC Chakrabarty as part of its probe into the PNB scam and a forgery case filed by the Indian Overseas Bank.

Jul 5, 2018

Central government accepts Sunil Mehta committee's report on bad loans

The committee has recommended a five-pronged strategy under Project 'Sashakt' to deal with Non-performing Assets in the country's banking system.

Jul 3, 2018

Relief for taxpayer? Government won't set up 'bad bank' to flush your money down the drains

The idea of a bad bank resurfaced after state-run banks suggested the creation of an asset reconstruction company to tackle the bad loans.

Jun 28, 2018

Prev 9 10 11 12 13 14 15 16 17 18 Next