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Debt
Business  /  Published 01.05.19

Bengal Chem maps turnaround track

State-owned Bengal Chemicals and Pharmaceuticals plans to report a positive net worth by 2021. The city-based firm, which has posted three consecutive years of profit in the last three financial years...
By A Staff Reporter in Calcutta

Business  /  Published 17.04.19

Jet Airways lenders fear loan losses

Stock impactThe Jet stock may crash on Thursday because of its decision to suspend operations temporarily.However, this may not be the case with its two listed rivals — SpiceJet and IndiGo — who a...
By Our Special Correspondent in Mumbai

World  /  Published 17.02.20

US Indian saves woman from scam

An alert Indian-origin taxi driver in California has saved an elderly woman from being scammed out of $25,000, prompting police to declare that he deserved a “great citizen award”. Raj Singh, the ...
By PTI in New York

Business  /  Published 02.04.19

Jet Airways grounds 15 more planes

Troubled airline Jet Airways on Tuesday announced that it had grounded another 15 planes, bringing the number of aircraft still in operations down to 29.The grounding of more planes can only mean one ...
By Our Special Correspondent in Mumbai

Business  /  Published 08.09.19

Debt recast prescribed for McLeod

ICICI Bank, the lead lender to troubled bulk tea producer McLeod Russel India Ltd (MRIL), has appointed SBI Capital Markets to carry out a comprehensive restructuring of McLeod’s debt .SBI Caps is m...
By Sambit Saha in Calcutta

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Business  /  Published 17.08.19

CCD trims debt

Coffee Day Enterprises on Saturday said its total debt is expected to come down to around Rs 1,000 crore after adjusting the proceeds from the sale of its Global Village Tech Park in Bangalore to Blac...
By TT Bureau in New Delhi


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