Bijou George Bloomberg
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Heat Wave In India Poses Risks For Nation's Credit: Moody's
A heat wave that's made parts of India the hottest in 122 years may be a warning that heightened climate risks could drag on economic growth and worsen the nation's credit scores.
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Creditor Revolt Scuttled Mukesh Ambani's $3.2 Billion Retail Deal: Report
It was a contentious plan to repay overseas bondholders in full that brought what would have been India's biggest retail deal to a grinding halt.
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New Order On Kishore Biyani Won't Hit Reliance Deal, Says Future Retail
Future Retail said in a statement that the sanction by the securities regulator against its founder won't affect its plan to sell retail assets to Reliance Industries
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Billionaire Ajay Piramal's Conglomerate Wins Bid For Bankrupt Shadow Lender DHFC
A resolution plan for Dewan from Piramal Enterprises' own shadow bank, Piramal Capital & Housing Finance was approved by Dewan's committee of creditors in a vote on Friday
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DBS To Rescue Lakshmi Vilas Bank, First Such Move By A Foreign Lender
Singapore-based DBS's Indian unit will pump in Rs 25 billion ($336 million) in fresh capital, the central bank said in a statement on Tuesday.
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Franklin India May Take Over Five Years to Return Some Funds
The development is the latest turn after the company shut six debt schemes last month in the country's biggest-ever fund freeze.
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Grocery Tycoon Kishore Biyani's Battle To Keep His Company Afloat
Future Consumer Ltd., one of Biyani's biggest listed companies, has tumbled 65 per cent this year and touched a more than five-year low on Friday.
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Prized Assets That Nirav Modi, Vijay Mallya, Anil Ambani May Lose In Dues
Weeks after India's criminal enforcement bureau announced a second auction of the prized personal possessions of fugitive jeweler Nirav Modi including his favorite watch and his Rolls Royce Ghost, the United Kingdom High Court recently asked Anil Ambani to deposit $100 million of his personal wealth to partially pay back debt due to a trio of Chine...
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Billionaire Hinduja Brothers Preparing Bid For Jet Airways: Report
Creditors are seeking fresh bids for Jet Airways after earlier getting interest from only a single company, Synergy Group Corp.
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Bad Loans Spike At Mumbai-Based Shadow Lender As Crisis Deepens
Bad loans at Altico Capital India spiked to 23.8 per cent of its loan book in the quarter ended September from 1.8 per cent in the previous quarter.
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Heat Wave In India Poses Risks For Nation's Credit: Moody's
A heat wave that's made parts of India the hottest in 122 years may be a warning that heightened climate risks could drag on economic growth and worsen the nation's credit scores.
-
Creditor Revolt Scuttled Mukesh Ambani's $3.2 Billion Retail Deal: Report
It was a contentious plan to repay overseas bondholders in full that brought what would have been India's biggest retail deal to a grinding halt.
-
New Order On Kishore Biyani Won't Hit Reliance Deal, Says Future Retail
Future Retail said in a statement that the sanction by the securities regulator against its founder won't affect its plan to sell retail assets to Reliance Industries
-
Billionaire Ajay Piramal's Conglomerate Wins Bid For Bankrupt Shadow Lender DHFC
A resolution plan for Dewan from Piramal Enterprises' own shadow bank, Piramal Capital & Housing Finance was approved by Dewan's committee of creditors in a vote on Friday
-
DBS To Rescue Lakshmi Vilas Bank, First Such Move By A Foreign Lender
Singapore-based DBS's Indian unit will pump in Rs 25 billion ($336 million) in fresh capital, the central bank said in a statement on Tuesday.
-
Franklin India May Take Over Five Years to Return Some Funds
The development is the latest turn after the company shut six debt schemes last month in the country's biggest-ever fund freeze.
-
Grocery Tycoon Kishore Biyani's Battle To Keep His Company Afloat
Future Consumer Ltd., one of Biyani's biggest listed companies, has tumbled 65 per cent this year and touched a more than five-year low on Friday.
-
Prized Assets That Nirav Modi, Vijay Mallya, Anil Ambani May Lose In Dues
Weeks after India's criminal enforcement bureau announced a second auction of the prized personal possessions of fugitive jeweler Nirav Modi including his favorite watch and his Rolls Royce Ghost, the United Kingdom High Court recently asked Anil Ambani to deposit $100 million of his personal wealth to partially pay back debt due to a trio of Chine...
-
Billionaire Hinduja Brothers Preparing Bid For Jet Airways: Report
Creditors are seeking fresh bids for Jet Airways after earlier getting interest from only a single company, Synergy Group Corp.
-
Bad Loans Spike At Mumbai-Based Shadow Lender As Crisis Deepens
Bad loans at Altico Capital India spiked to 23.8 per cent of its loan book in the quarter ended September from 1.8 per cent in the previous quarter.
