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Balance Sheet

SpiceJet chief Ajay Singh on Monday said the airline is significantly restructuring its balance sheet and will aggressively push for fleet expansion. The airline will also be having a significant number of dedicated cargo aircraft, he said, adding that the cargo business has helped the airline pay off its liabilities. Last month, the airline announced that Carlyle Aviation Partners will acquire a 7.5 per cent stake in the airline by converting outstanding dues as well as snap up shareholding in the cargo business. Besides, it is set to tap the Qualified Institutional Buyer (QIB) route to raise up to Rs 2,500 crore. Amid the budget carrier facing multiple headwinds, he also said that a measure of desperation is always good for an organisation... we will emerge stronger". "It is in our (SpiceJet) DNA. We just refuse to die," Singh said at a session at CAPA India aviation summit here. The airline is significantly restructuring the balance sheet and will be raising fresh capital. The

Updated On: 20 Mar 2023 | 3:13 PM IST

Gross NPA slips to 5%; regulator flags slippages from recast accounts

Updated On: 27 Dec 2022 | 11:36 PM IST

In a filing with BSE, the company said improved macro environment and sell-down capabilities were driving faster book reduction

Updated On: 10 Nov 2022 | 11:29 PM IST

Is the telecom sector staring at disruption after 5G auction? How will the IIBX at GIFT City benefit India? Which sectors are on FPIs' radar? What is the twin balance sheet problem? All answers here

Updated On: 03 Aug 2022 | 8:00 AM IST

In the mid-2000s, infra companies saw robust growth and their shares shot up. But as the loans piled up, banks found themselves in a tight spot. It was a twin balance sheet problem. Let's know more

Updated On: 03 Aug 2022 | 7:00 AM IST

The insurance regulator had proposed a hike in third-party premium for FY21 but it was put on hold to provide relief to policyholders during the pandemic

Updated On: 27 Aug 2021 | 6:07 AM IST

The size of the Reserve Bank's balance sheet, which is reflective of activities carried out by it in pursuance of currency issue function as well as monetary policy

Updated On: 27 May 2021 | 8:13 PM IST

The company expects to build a strong balance sheet in digital business unit which will not just add to the growth of M&M Finance but also help to retain existing customers

Updated On: 25 Apr 2021 | 9:46 PM IST

A study found that over the 12 months, governance consistently ranked second, behind only a company's products, as a driver of corporate reputation

Updated On: 15 Apr 2021 | 9:52 PM IST

Das on Thursday said the central bank's asset purchases did not dilute its balance sheet or compromise on core principles of central banking

Updated On: 25 Feb 2021 | 6:42 PM IST

With a successful breakthrough on the vaccine front, we seem to be moving closer to normalisation in a quarter's time, says Julius Baer India MD

Updated On: 03 Jan 2021 | 9:54 PM IST

The new package should not be used to kick the can down the road

Updated On: 08 Sep 2020 | 11:49 PM IST

Even though Covid-19 is an act of god, cleaning up balance sheets is central to Indian economic growth

Updated On: 07 Sep 2020 | 6:55 AM IST

On June 30, 2019 (FY19), the size of the bank's balance sheet was Rs 410.29 trillion

Updated On: 25 Aug 2020 | 12:43 PM IST

The RBI's conscious steps to reduce the repo rate have also lowered the marginal cost of fund-based lending rate across banks, ratings agency said

Updated On: 30 Jul 2020 | 1:29 AM IST

Bank balance sheets would need to be quickly repaired

Updated On: 25 Jun 2020 | 12:38 AM IST

As one of the many fallouts of the coronavirus pandemic on automobile industry, pre-owned vehicles and new small PVs may find increased preference in FY21

Updated On: 11 Jun 2020 | 7:30 PM IST

The MHA had passed an order on March 29 asking all employers to make payment of wages to their workers without any deduction for the period their establishments were under closure during the lockdown.

Updated On: 04 Jun 2020 | 2:11 PM IST

Only after business has stabilised and there is visibility ahead should companies look at paying their shareholders

Updated On: 02 Apr 2020 | 11:12 PM IST

The private sector debt-equity ratio inched up marginally to 0.88x at the end of FY19, against 0.86x a year ago

Updated On: 15 Jul 2019 | 1:10 AM IST