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Vijay Mallya To "Dearest Friend" Lalit Modi On X: "We've Been Wronged"
Fugitive billiionaires Vijay Mallya and Lalit Modi shared a moment of bonhomie over the Enforcement Directorate's Rs 14,000 debt recovery from the Kingfisher tycoon.
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Sri Lanka Seals Debt Deal As It Recovers From 2022 Financial Crash
Sri Lanka said on Wednesday it had clinched a restructuring deal with India, China, and other nations, covering up to $10 billion in debt, a critical step towards recovery after a 2022 financial crash.
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Crypto Market Watch: Bitcoin Trades Above $27,800 With Profits; Ether, Most Altcoins Show Recovery
The overall valuation of the crypto market rose by 2.24 percent in the last 24 hours. BTC and ETH registered significant growths over the weekend, elevating several other cryptocurrencies in terms of their pricings. Solana, Litecoin, and Tron also grew alongside BTC and ETH after the White House confirmed having raised the debt ceiling of the US fo...
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Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
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Debt Reduction Essential For India's Growth: RBI
India's economic recovery is still dependent on stimulus measures, but cutting debt is important to ensure sustained growth over medium term, RBI said
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Future Group Lenders Reject Reliance's Retail Assets Deal: Report
Lenders to Future Group rejected a $3.4 billion deal for its retail assets from Reliance Industries Limited
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Rising Debts Could Slow Global Economies' Recovery: IMF
Debt accumulated by businesses and individuals worldwide could slow economic recoveries from the pandemic crisis, the IMF warned Monday
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Plea To Recover "Rs 1 Trillion" Debt Owed By Pak To India Since Partition Rejected
The Delhi High Court Monday refused to entertain a PIL seeking recovery of "Rs 1 trillion" debt owed by Pakistan to India since the time of partition, alleging that the central government was not taking any steps to recover the amount.
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Delhi: Parents Request CM Arvind Kejriwal To Bail Out Set To Be Auctioned Raisina Bengali School
The school had taken a loan of Rs 2 crore from the United Bank of India and after failing to repay the money, the principal and interest now stand at Rs 8 crore. The Debt Recovery Tribunal has ordered that the school will go under the hammer on January 14
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High Courts Told To Take Up Debt Recovery Cases In View Of Vacancies
The Supreme Court on Thursday asked high courts to entertain applications that are filed before the Debts Recovery Tribunal (DRT) and the Debts Recovery Appellate Tribunal (DRAT) in view of non-filling of vacancies.
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"Expedite Stressed Assets' Sale To Allow Recovery Legroom": RBI
The RBI in April set up the committee to examine the role of asset reconstruction companies (ARCs) in stressed debt resolution and to review their business model.
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United Breweries Shares Worth Over Rs 5,800 Crore Sold In Vijay Mallya Case
The debts recovery tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against fugitive liquor baron Vijay Ma
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Indian Banks Back In UK Court To Pursue Vijay Mallya Bankruptcy Order
A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy order against embattled liquor tycoon Vijay Mallya, as they attempt recovery of debt from loans paid ou
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La Liga: New President To Bring Hope Of Recovery At Crisis-Ridden Barcelona
La Liga: For an incoming regime in FC Barcelona, there would be no stronger vote of confidence than Lionel Messi's signature on a new deal.
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SBI-Led Bank Consortium Pursue UK Bankruptcy Order Against Vijay Mallya
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines.
-
Vijay Mallya To "Dearest Friend" Lalit Modi On X: "We've Been Wronged"
Fugitive billiionaires Vijay Mallya and Lalit Modi shared a moment of bonhomie over the Enforcement Directorate's Rs 14,000 debt recovery from the Kingfisher tycoon.
-
Sri Lanka Seals Debt Deal As It Recovers From 2022 Financial Crash
Sri Lanka said on Wednesday it had clinched a restructuring deal with India, China, and other nations, covering up to $10 billion in debt, a critical step towards recovery after a 2022 financial crash.
-
Crypto Market Watch: Bitcoin Trades Above $27,800 With Profits; Ether, Most Altcoins Show Recovery
The overall valuation of the crypto market rose by 2.24 percent in the last 24 hours. BTC and ETH registered significant growths over the weekend, elevating several other cryptocurrencies in terms of their pricings. Solana, Litecoin, and Tron also grew alongside BTC and ETH after the White House confirmed having raised the debt ceiling of the US fo...
-
Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
-
Debt Reduction Essential For India's Growth: RBI
India's economic recovery is still dependent on stimulus measures, but cutting debt is important to ensure sustained growth over medium term, RBI said
-
Future Group Lenders Reject Reliance's Retail Assets Deal: Report
Lenders to Future Group rejected a $3.4 billion deal for its retail assets from Reliance Industries Limited
-
Rising Debts Could Slow Global Economies' Recovery: IMF
Debt accumulated by businesses and individuals worldwide could slow economic recoveries from the pandemic crisis, the IMF warned Monday
-
Plea To Recover "Rs 1 Trillion" Debt Owed By Pak To India Since Partition Rejected
The Delhi High Court Monday refused to entertain a PIL seeking recovery of "Rs 1 trillion" debt owed by Pakistan to India since the time of partition, alleging that the central government was not taking any steps to recover the amount.
-
Delhi: Parents Request CM Arvind Kejriwal To Bail Out Set To Be Auctioned Raisina Bengali School
The school had taken a loan of Rs 2 crore from the United Bank of India and after failing to repay the money, the principal and interest now stand at Rs 8 crore. The Debt Recovery Tribunal has ordered that the school will go under the hammer on January 14
-
High Courts Told To Take Up Debt Recovery Cases In View Of Vacancies
The Supreme Court on Thursday asked high courts to entertain applications that are filed before the Debts Recovery Tribunal (DRT) and the Debts Recovery Appellate Tribunal (DRAT) in view of non-filling of vacancies.
-
"Expedite Stressed Assets' Sale To Allow Recovery Legroom": RBI
The RBI in April set up the committee to examine the role of asset reconstruction companies (ARCs) in stressed debt resolution and to review their business model.
-
United Breweries Shares Worth Over Rs 5,800 Crore Sold In Vijay Mallya Case
The debts recovery tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against fugitive liquor baron Vijay Ma
-
Indian Banks Back In UK Court To Pursue Vijay Mallya Bankruptcy Order
A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy order against embattled liquor tycoon Vijay Mallya, as they attempt recovery of debt from loans paid ou
-
La Liga: New President To Bring Hope Of Recovery At Crisis-Ridden Barcelona
La Liga: For an incoming regime in FC Barcelona, there would be no stronger vote of confidence than Lionel Messi's signature on a new deal.
-
SBI-Led Bank Consortium Pursue UK Bankruptcy Order Against Vijay Mallya
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines.
