Search Results for: Debt trap

Merger of Jet Airways and Tata SIA Airlines on cards as talks pick up pace

It is to be noted that an earlier proposal by Jet Airways for a joint ownership with Tata SIA was rejected as the former wanted an exit for the Goyal family.

Nov 15, 2018

Infosys to open technology hub in Texas, plans to hire 500 Americans by 2020

Last May, Infosys had announced to hire 10,000 American workers by 2019 and till date, the IT behemoth has employed 6,200 American workers.

Nov 14, 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 to sell 6 Boeing 777 aircraft in a bid to fly out of debt turbulence

Speaking of the plan, Jet Airways chief financial officer Amit Agarwal told analysts on Tuesday that six aircraft have been identified for the purpose. The proceeds from the sale will be used to clear debts amounting to about Rs 1,800 crore.

Nov 14, 2018

Tata Sons begins due process for taking over controlling stake in Jet Airways

A Tata Sons' team met Jet Airways officials to take stoke of the situation even as the debt-ridden airline tries to turn around the finances.

Nov 13, 2018

Usha Martin shareholders approve steel business sale to Tata Steel

Shareholders of wire rope maker Usha Martin have approved the sale of its steel unit to Tata Steel aimed at reducing debt burden and expansion of core business.

Nov 12, 2018

itc share price, gst laws cleared, gst bills in parliament, buzzing stocks, nifty closes at all-time high, sensex gainers, usd vs inr, india forex reserves

Sensex tumbles 346 points as crude prices, rupee concerns weigh

Further impacting domestic market sentiments, the Indian rupee again breached the 73-mark, dropping 57 paise (intra-day) to 73.07 against the dollar.

Nov 12, 2018

Sri Lanka President Maithripala Sirisena

Sri Lanka's political crisis deepens as President Sirisena dissolves parliament; general elections on January 5

The move comes after an intense power struggle in the past two weeks which followed Sirisena's sudden sacking of Prime Minister Ranil Wickremesingh.

Nov 10, 2018

Chinese engineer at Hambantota port in Sri lanka

India-China rivalry taking toll on Sri Lankan politics

The trigger for the recent political turmoil in the island nation was the disagreement between the Sri Lankan president and prime minister on how much India's interest should be accommodated which led to the unity government falling apart.

Nov 9, 2018

China extends 'string of pearls' around India with strategic port in Myanmar

Smaller South Asian nations have a big growth and investment deficit and Chinese money is flowing in to fill the vacuum.

Nov 9, 2018

Thugs of Hindostan (TOH) movie review: A great opportunity lost

Despite having a solid star cast that is capable of doing wonders, Thugs of Hindostan turned out to be a waste due to the flawed screenplay. Read full review.

Nov 8, 2018

China fails to reveal if it offered financial aid to cash-starved Pakistan

A day after Khan's four-day China visit ended, Pakistan's Finance Minister Asad Umar said that Beijing has offered $6 billion loans Islamabad to resolve country's economic crisis.

Nov 8, 2018

Vietnam joins Formula 1; streets of Hanoi to host first race in 2020

Vietnam will become F1's fourth street race - joining Monaco, Singapore and Azerbaijan. It will also become the fourth race in Asia - joining China, Japan and Singapore in 2020.

Nov 7, 2018

Raghuram Rajan defends RBI call for autonomy

Former Reserve Bank of India Governor Raghuram Rajan defended the central bank's call for greater autonomy from the government, saying ultimately the nation stands to benefit from an independent and robust RBI.

Nov 6, 2018

Gulf of woes: About 10 Indian workers died every day in last 6 years; other horror stories

The detail came to light after Venkatesh Nayak from Commonwealth Human Rights Initiative filed an RTI application with the External Affairs Ministry seeking to know the number of Indian workers who had died in Bahrain, Oman, Qatar, Kuwait, Saudi Arabia and the United Arab Emirates.

Nov 6, 2018

Microsoft doesn't use customers' data for profit: CEO Satya Nadella

LinkedIn, which Microsoft bought for $26 billion, has over 560 million users and Bing is the number 3 search engine globally.

Nov 6, 2018

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Search Results for: Debt trap

Merger of Jet Airways and Tata SIA Airlines on cards as talks pick up pace

Infosys to open technology hub in Texas, plans to hire 500 Americans by 2020

Jet Airways to sell 6 Boeing 777 aircraft in a bid to fly out of debt turbulence

Tata Sons begins due process for taking over controlling stake in Jet Airways

Usha Martin shareholders approve steel business sale to Tata Steel

Sensex tumbles 346 points as crude prices, rupee concerns weigh

Sri Lanka's political crisis deepens as President Sirisena dissolves parliament; general elections on January 5

India-China rivalry taking toll on Sri Lankan politics

China extends 'string of pearls' around India with strategic port in Myanmar

Thugs of Hindostan (TOH) movie review: A great opportunity lost

China fails to reveal if it offered financial aid to cash-starved Pakistan

Vietnam joins Formula 1; streets of Hanoi to host first race in 2020

Raghuram Rajan defends RBI call for autonomy

Gulf of woes: About 10 Indian workers died every day in last 6 years; other horror stories

Microsoft doesn't use customers' data for profit: CEO Satya Nadella

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]