Search Results for: equity and debt

Breaking: Mehbooba Mufti released after 14 months detention; to address media on Oct 16

Mehbooba Mufti's daughter confirmed the news of PDP chief's release on Twitter on Tuesday evening.

Oct 13, 2020

Sri Lanka knocks China's doors for $700 million loan; falls deeper into Beijing's debt trap

The preference of Sri Lanka for China is attributed to the complicated history of the country with the multilateral lender in Washington D.C.

Oct 12, 2020

Reliance Naval loses ₹2,500cr contract; Indian Navy waited 9 years for deliveries

Navy signed a contract to acquire five warships way back in 2011 much before Anil Ambani led Reliance Group took over the Gujarat-based shipyard from its former owner Nikhil Gandhi.

Oct 10, 2020

U.S. President Donald Trump speaks to reporters during a news conference inside the James S. Brady Briefing Room at the White House September 27, 2020 in Washington, U.S. REUTERS/Ken Cedeno

Stocks rise as signs of Trump's improving health calm markets

Stocks rose on Monday as signs that President Donald Trump's health was improving eased some of the political uncertainty caused by his coronavirus infection, which sent investors rushing for safety last week.

Oct 5, 2020

Reliance Retail Ventures attract Rs 1,837 crore investment from TPG

TPG's investment will translate into a 0.41 per cent equity stake in RRVL on a fully diluted basis.

Oct 3, 2020

Silver Lake co-investors buy additional stake in Reliance Retail for Rs 1,875 crore

Reliance Industries Ltd (RIL) and Reliance Retail Ventures Ltd (RRVL) announced on Wednesday that co-investors of Silver Lake will invest an additional Rs 1,875 crore into RRVL, a subsidiary of RIL.

Oct 1, 2020

Backlash over Reliance Jio's decision to charge voice calls

General Atlantic to invest Rs 3,675 cr in Reliance Retail

US-based private equity firm General Atlantic will invest Rs 3,675 crore for a 0.84 per cent stake in Reliance Retail, the Indian firm said on Wednesday.

Sep 30, 2020

Trump brags about extraordinary assets, says he paid millions; netizens baffled

The self-styled mogul has gotten away with a minuscule tax burden by reporting himself to the Internal Revenue Service as a major loser for the better part of two decades.

Sep 29, 2020

Haryana man killed, body dumped in canal over a Rs 4,000 debt

A man from Haryana was killed over a debt of Rs 4,000 that he was unable to repay. The man had been missing since September 2nd.

Sep 27, 2020

Reliance retail sells 1.28% stake to KKR for Rs 5,550 crore, second deal in 2 weeks

Reliance Industries Limited on Wednesday announced that global investment firm KKR will invest Rs 5,550 crore into its subsidiary Reliance Retail Ventures Limited to pick up 1.28 per cent equity in the company.

Sep 23, 2020

Halted Metro trains cost India dearly; nearly Rs 2,000 Cr lost to lockdowns

The losses for Delhi metro alone run to a whopping Rs 1609 crore due to COVID-19 induced lockdown.

Sep 20, 2020

Air India Airbus A320 passenger aircraft.

No buyers for Air India may mean divestment to be put off

As no buyers have come forward for Air India, the airline's divestment will be put off for three years. This is another miss for the airline's opportunity to be privatised.

Sep 20, 2020

Union Minister for Science & Technology and Earth Sciences Harsh Vardhan

COVID vaccine likely by early 2021; for old, high-risk first: Harsh Vardhan

The coronavirus vaccine might be ready by the first quarter of 2021, Union Health and Family Welfare Minister Harsh Vardhan said on Sunday.

Sep 13, 2020

If you invested ₹1.4 lakh in this stock in 2003; it's worth ₹6.4 crore now

Looking at the phenomenal journey of Divis Labs, a pharma company that kicked off its IPO in 2003 and never looked back.

Sep 9, 2020

EPFO to pay interest rate of 8.15% to subscribers for FY20 in two instalments

This decision was taken in the EPFO's central board of trustees meeting chaired by labour and employment minister Santosh Kumar Gangwar today.