Search Results for: Debt trap

Spiritual guru behind downfall of Fortis' Singh brothers?

Heirs to a business house which was worth billions not that long ago, there has been a dramatic fall in the fortunes of Malvinder and Shivinder Singh in the last six months.

Aug 17, 2018

jet airways, jet airways q4 results, jet airways share price, aviation stocks, spicejet share price, spicejet q4 results

Lifeline for Jet Airways as Blackstone plans to buy stake in troubled airlines' frequent flyer arm

Jet's cash reserves have dwindled due to rising crude oil prices and intense competition in the Indian market. The airline says it is evaluating all options to meet liquidity requirements and looking at measures to enhance revenue generation and increase cost cutting.

Aug 16, 2018

Satyameva Jayate movie review: John Abraham's film is for the masses, not the classes

Satyameva Jayate, featuring John Abraham and Manoj Bajpayee, succeeds in entertaining the audience but lacks the cinematic and directorial brilliance that is required to make a movie classy. Read full movie review.

Aug 15, 2018

Independence Day 2018: Sachin Tendulkar, Suresh Raina lead tributes with thought-provoking messages

Athletes, who are part of the Indian Asian Game contingent in Indonesia, also took to social media to pay their tribute on the 72nd Independence Day, which is being celebrated across the country.

Aug 15, 2018

Kerala Rains LIVE: Kochi airport suspends operations until August 18, red alert in multiple districts

Overflowing rivers and massive landslides have resulted in the death of about 44 people in the state and about five are said to be missing.

Aug 15, 2018

india, india forex reserves, rbi, foreign exchange reserves, fii, fpi, fdi, modi govt, arun jaitley, india trade

Rupee's record plunge boon for Indian expatriates; remittances rise

The remittances to India in the past few months have been on the higher side due to the volatility in the Indian currency market.

Aug 14, 2018

What is Turkish economic crisis? Here's all you need to know

The Turkish economic crisis has sent a ripple across the world market

Aug 14, 2018

An aircraft of India's Jet Airways lands

Jet Airways debt burden: Troubled airline scrambling to avoid loan repayment default

The full-service airline has written to a consortium of overseas lenders, in which it has requested that a loan covenant on its existing debt terms be waived. The lenders had put a condition of a minimum profit of $50 million for FY19 and Jet has said it wouldn't be able to fulfil this condition.

Aug 14, 2018

Jet Airways' Board defers consideration of Q1 results; says all accounts with lenders are 'Standard'

According to Jet Airways, it has been evaluating various funding options to meet its liquidity requirements on priority.

Aug 14, 2018

Renewable energy firms become a new headache for already bleeding banks

The combined exposure of these 26 companies stands at a whopping Rs. 148.35 billion with a reason of default being termination of a contract, delay in Right of Way, stretched receivable cycle and the financial stress in the company

Aug 13, 2018

Will private equity firms rescue debt-ridden Jet Airways?

Jet Airways is also trying to take other airline partners on board, primarily Delta Air Lines, for funds. Etihad Airways, which has a 24 percent stake in the airline, has shown reluctance to infuse additional capital.

Aug 13, 2018

Saudi Arabian PIF 'reluctant' for Tesla buyout proposal

While Tesla's CEO, Elon Musk is said to have made an offer of $72 million, there are still no takers to make the company private.

Aug 12, 2018

Amid dearer oil prices, India's forex reserves fall to 7-month low

After hitting an all-time high of $426.08 billion in the week ended April 13, the Indian forex reserves have fallen gradually since the last four months.

Aug 11, 2018

Maldives asks India to withdraw choppers and personnel as it woos China

Interestingly, the Maldivian government had recently extended a Letter of Exchange (LoE) till December.

Aug 11, 2018

A man types on a computer keyboard in this illustration picture taken February 28, 2013

Online banking fraud: Beware of fraudsters' trap through messages, calls

As per the data provided by the Reserve Bank of India, over 25,800 fraud cases involving about Rs 179 crores were reported in December 2017.

Aug 11, 2018

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Search Results for: Debt trap

Spiritual guru behind downfall of Fortis' Singh brothers?

Lifeline for Jet Airways as Blackstone plans to buy stake in troubled airlines' frequent flyer arm

Satyameva Jayate movie review: John Abraham's film is for the masses, not the classes

Independence Day 2018: Sachin Tendulkar, Suresh Raina lead tributes with thought-provoking messages

Kerala Rains LIVE: Kochi airport suspends operations until August 18, red alert in multiple districts

Rupee's record plunge boon for Indian expatriates; remittances rise

What is Turkish economic crisis? Here's all you need to know

Jet Airways debt burden: Troubled airline scrambling to avoid loan repayment default

Jet Airways' Board defers consideration of Q1 results; says all accounts with lenders are 'Standard'

Renewable energy firms become a new headache for already bleeding banks

Will private equity firms rescue debt-ridden Jet Airways?

Saudi Arabian PIF 'reluctant' for Tesla buyout proposal

Amid dearer oil prices, India's forex reserves fall to 7-month low

Maldives asks India to withdraw choppers and personnel as it woos China

Online banking fraud: Beware of fraudsters' trap through messages, calls

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]