Debt Repayment
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Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
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Byju's Still Obligated To Repay Full Loan Amount, Say US Lenders
US lenders represented by Glas Trust have countered BYJU's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore.
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Parents, Unable To Repay Son's Online Gambling Debts, Die By Suicide In Andhra Pradesh: Cops
A married couple died by suicide due to their inability to repay debts incurred by their 22-year-old son through online gambling, police said on Wednesday.
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Mobile-Game-Addicted Odisha Man Dies By Suicide After Failing To Repay Debts
A 22-year-old man allegedly died by suicide after failing to repay loans he had taken from people after suffering losses to the tune of lakhs of rupees in mobile games, police said on Monday.
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Maldives President Thanks India For Debt Relief, Hopes For Free Trade Deal
Maldives President Mohamed Muizzu thanked India for its support of the island nation in easing its debt repayment and affirmed hope that New Delhi and Male would forge stronger ties and sign a free trade agreement.
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Man Arrested For Killing 13-Year-Old Boy Over Debt In Faridabad: Cops
The police have arrested a man for allegedly kidnapping and killing a 13-year-old boy here in a bid to demand ransom from the parents and repay his debt, officials said on Saturday.
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India Has Said Yes To Extend Debt Repayment Deadline: Maldives Foreign Minister
Maldivian Foreign Minister Moosa Zameer has said that significant strides have been made in expediting India-assisted projects in Maldives, as he underscored the government's commitment to prioritising the resumption and completion of these projects.
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Pakistan To Seek $6 Billion In New IMF Loan Program: Report
Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the incoming government repay billions in debt due this year, Bloomberg News reported on Thursday, citing a Pakistani official.
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Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
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Moody's Upgrades Credit Ratings Of 4 Adani Group Companies
Credit ratings agency Moody's has revised the outlook of four Adani Group companies to 'stable' from 'negative' in view of timely debt repayments and ability to raise funds.
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Asked To Repay Rs 10,000 Debt, Man Stabs Neighbour To Death In Delhi: Cops
A 58-year-old man was allegedly stabbed to death by a neighbour whom he had lent Rs 10,000 in northeast Delhi's Dayalpur area, police said on Saturday.
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IL&FS Settled Rs 35,650 Crore Of Its Rs 99,000 Crore Dues: Group MD
The IL&FS Group has settled around Rs 35,650 crore of its total debt of Rs 99,000 crore through asset monetisation, auto debits by banks and repayments as of September.
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165 Million People Fell Into Poverty Due To Covid, Ukraine Conflict: UN
The Covid-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million people into poverty since 2020, the United Nations said Thursday, calling for a pause in debt repayments for developing countries.
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Unable To Repay Debt, Mumbai Man Fakes Kidnapping To Get Money From Father
A 27-year-old man from Mumbai was arrested for allegedly faking his own kidnapping and asking ransom from his family to repay his debt, the police said on Thursday.
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Insurers Praise Move To End Credit Card Repayment For Loans On Insurance
Regulator Irdai's decision to bar repayment of loans taken against life insurance policies through credit cards is a good move and will prevent policyholders from falling into a debt trap, according to insurers.
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Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
-
Byju's Still Obligated To Repay Full Loan Amount, Say US Lenders
US lenders represented by Glas Trust have countered BYJU's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore.
-
Parents, Unable To Repay Son's Online Gambling Debts, Die By Suicide In Andhra Pradesh: Cops
A married couple died by suicide due to their inability to repay debts incurred by their 22-year-old son through online gambling, police said on Wednesday.
-
Mobile-Game-Addicted Odisha Man Dies By Suicide After Failing To Repay Debts
A 22-year-old man allegedly died by suicide after failing to repay loans he had taken from people after suffering losses to the tune of lakhs of rupees in mobile games, police said on Monday.
-
Maldives President Thanks India For Debt Relief, Hopes For Free Trade Deal
Maldives President Mohamed Muizzu thanked India for its support of the island nation in easing its debt repayment and affirmed hope that New Delhi and Male would forge stronger ties and sign a free trade agreement.
-
Man Arrested For Killing 13-Year-Old Boy Over Debt In Faridabad: Cops
The police have arrested a man for allegedly kidnapping and killing a 13-year-old boy here in a bid to demand ransom from the parents and repay his debt, officials said on Saturday.
-
India Has Said Yes To Extend Debt Repayment Deadline: Maldives Foreign Minister
Maldivian Foreign Minister Moosa Zameer has said that significant strides have been made in expediting India-assisted projects in Maldives, as he underscored the government's commitment to prioritising the resumption and completion of these projects.
-
Pakistan To Seek $6 Billion In New IMF Loan Program: Report
Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the incoming government repay billions in debt due this year, Bloomberg News reported on Thursday, citing a Pakistani official.
-
Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
-
Moody's Upgrades Credit Ratings Of 4 Adani Group Companies
Credit ratings agency Moody's has revised the outlook of four Adani Group companies to 'stable' from 'negative' in view of timely debt repayments and ability to raise funds.
-
Asked To Repay Rs 10,000 Debt, Man Stabs Neighbour To Death In Delhi: Cops
A 58-year-old man was allegedly stabbed to death by a neighbour whom he had lent Rs 10,000 in northeast Delhi's Dayalpur area, police said on Saturday.
-
IL&FS Settled Rs 35,650 Crore Of Its Rs 99,000 Crore Dues: Group MD
The IL&FS Group has settled around Rs 35,650 crore of its total debt of Rs 99,000 crore through asset monetisation, auto debits by banks and repayments as of September.
-
165 Million People Fell Into Poverty Due To Covid, Ukraine Conflict: UN
The Covid-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million people into poverty since 2020, the United Nations said Thursday, calling for a pause in debt repayments for developing countries.
-
Unable To Repay Debt, Mumbai Man Fakes Kidnapping To Get Money From Father
A 27-year-old man from Mumbai was arrested for allegedly faking his own kidnapping and asking ransom from his family to repay his debt, the police said on Thursday.
-
Insurers Praise Move To End Credit Card Repayment For Loans On Insurance
Regulator Irdai's decision to bar repayment of loans taken against life insurance policies through credit cards is a good move and will prevent policyholders from falling into a debt trap, according to insurers.
