Search Results for: Debt trap

Air India Airbus A320 passenger aircraft.

Adani group enters race to buy 'Maharajah', to submit EoI by next month

In this years' budget speech, finance minister Nirmala Sitharaman mentioned Air Indian as one of the state-owned companies to be disinvested this fiscal year.

Feb 25, 2020

Debt-ridden Air India to raise Rs 700-crore short term loan: Here's why

The deadline for bidding extended till March 6, 2020 by the Centre to sell 100% of its stake in Air India. Meanwhile, the debt-ridden airline refuses to give up and is seeking to raise Rs 700 crore via short-term govt-guaranteed loan.

Feb 25, 2020

Two-pronged strategy to avert telecom disaster: Centre may offer relief on taxes, input costs

Two major telcos including Bharti Airtel and Vodafone idea are facing statutory dues of over crore Rs 35,500 and Rs 53,000 crore, respectively.

Feb 24, 2020

Maharashtra might lose out on the $70 bn Ratnagiri Refinery Project to Gujarat

Gujarat's speedy approval processes and business-friendly policies make it ideal for RRPCL project to move there.

Feb 24, 2020

Nationalism, 'Bharat Mata Ki Jai' misused to construct militant India: Manmohan Singh's veiled attack on BJP

Pandit Jawaharlal Nehru had led India in its volatile and formative days when it adopted a democratic way of life, accommodating divergent social and political views, former Prime Minister Manmohan Singh said.

Feb 23, 2020

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Tata Trusts appoints new CEO: Srinath Narasimhan takes charge on April 1

Tata Trusts observed two major changes in upper management. Here's everything you need to know.

Feb 12, 2020

UAE banks are coming hard at Indian defaulters to recover Rs 50,000 crore debt

Indian loan defaulters who defrauded UAE banks won't find be able to find sanctuary in India.

Feb 8, 2020

Coronavirus outbreak: Death toll hits 700; deadly virus to surpass SARS record in China

The death toll in mainland China jumped by 86 to 722 and is poised to pass the 774 deaths recorded globally during the 2002-2003 pandemic of Severe Acute Respiratory Syndrome (SARS), another coronavirus that jumped from animals to humans in China.

Feb 8, 2020

'My net worth is zero,' says Anil Ambani amid $680 million loan dispute

Anil Ambani's says he won't be able to raise funds from his relatives, which includes his billionaire brother Mukesh Ambani.

Feb 7, 2020

Bruhaz a Mumbai based Rapper who is making waves with his debut music video 'Fame's my Enemy'

Rapper so far the single has hit a 100K streams on YouTube and more than half a million streams on SoundCloud.

Feb 4, 2020

Pressure builds on Modi govt after Budget 2020 fails to cheer investors: Experts

In its budget for the year starting in April, the government relaxed its fiscal deficit target so it could spend nearly Rs 10 lakh crore more, mainly on infrastructure and farming.

Feb 3, 2020

Budget 2020: Govt to sell part of its holding in LIC via IPO as part of its divestment drive

This could be the country's biggest initial public offering in recent times, the government will list Life Insurance Corp of India in the next financial year starting April.

Feb 1, 2020

Union Budget 2020 highlights: As it happened

As India is facing its worst economic slowdown in a decade, it is expected that the Narendra Modi-led NDA government will announce measures to boost consumer demand and revive growth.

Feb 1, 2020

'Bodo Agreement heralds new beginning, will strengthen unity & integrity of Assam': PM Modi

Hailing the Bodo Agreement, Prime Minister Narendra Modi said it is inspired by the mantra of 'Sabka Saath, Sabka Vikas & Sabka Vishwas' and spirit of 'Ek Bharat-Shresth Bharat'.

Jan 30, 2020

This is what Kunal Kamra says about heckling Arnab Goswami and IndiGo, Air India ban

Kunal Kamra denied heckling Republic TV owner Arnab Goswami and said that he was just asking him a question.

Jan 29, 2020

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