Business  /  Published 02.08.20

McLeod on verge of resolving debt issues

McLeod Russel, India’s largest bulk tea producer, is inching towards the resolution of its debt woes as two of its largest lenders seem to be coming on board for a comprehensive restructuring of...
By Sambit Saha in Calcutta

Business  /  Published 26.07.20

Managed debt can help with your savings

Successive rate cuts by the banking regulator have rendered certain popular categories of term deposits quite meaningless, especially when viewed against advancing inflation. Lower interest rates and...
By Nilanjan Dey in

Business  /  Published 24.07.20

No plan to monetise debt, says Tarun Bajaj

Economic affairs secretary Tarun Bajaj on Thursday  said the  monetisation of debt —  where the RBI buys bonds to finance the government’s spending — was not on the ag...
By Our Special Correspondent in New Delhi

Business  /  Published 21.07.20

IL&FS lays out road map for debt resolution

Infrastructure Leasing and Financial Services (IL&FS) Group expects to resolve over Rs 57,000 crore of its debt, which is more than 50 per cent of its overall debt of Rs 99,000 crore. Of this, th...
By in Mumbai

Business  /  Published 17.07.20

Real debt down after decades

Debt in real terms in the hands of individuals and entities other than the government and financial companies fell in the fourth quarter of 2019-20 — the first contraction  in at least two ...
By Our Special Correspondent in Mumbai

Business  /  Published 16.07.20

Reliance Industries: Zero net debt target surpassed

Reliance Industries Ltd (RIL) is now a “truly zero net debt” company following the capital raising at Jio Platforms and the rights issue, and it will now look forward to only adding strate...
By Our Special Correspondent in Mumbai

Business  /  Published 03.06.20

RBI against interest waiver

The Reserve Bank of India has told the Supreme Court that it is taking all possible measures to provide relief with regard to debt repayments on account of the fallout of Covid-19 but it does not cons...
By PTI in New Delhi

Business  /  Published 02.06.20

Funds prop for stressed MSMEs

The Union cabinet on Monday approved a plan to support stressed MSMEs and a fund of funds for the sector, while it raised the turnover threshold for a category of players. Stressed MSMEs will get Rs 2...
By Our Special Correspondent in New Delhi

Business  /  Published 31.05.20

Strategy to build a debt portfolio

Money, like nature, abhors vacuum. In a backdrop marked by the worldwide spread of a lethal virus and the consequent decline in all sorts of economic indicators, equity has evidently blunted its edge....
By Nilanjan Dey in

Business  /  Published 16.05.20

Reliance Industries offer on May 20

Reliance Industries (RIL) on Saturday said its Rs 53,125-crore rights issue will open for subscription on May 20 and close on June 3.Last month, the oil-to-telecom giant had announced the country’s ...
By Our Special Correspondent in Mumbai


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