Anupam Rasayan has repaid debt worth Rs 530 crore from the net proceeds of its recently completed initial public offering and will clear an additional Rs 30 crore debt by next quarter
The DHFL saga has put the spotlight on the legal ambiguity in accepting bids beyond stipulated deadlines
Sri Lanka owes about $960 million to India and earlier this year India agreed to a $400 million currency swap facility for Sri Lanka until November 2022
Reputed conglomerates are opting for moratorium on debt servicing
Future Group sees its biggest crisis after raising high-cost loans from PEs and pledging shares
On Friday, the Reserve Bank of India (RBI) came up with policy measures to ensure there is enough liquidity in the system
For 2019-20, states have budgeted a consolidated GFD of 2.6% of the GDP
Valuation gain because of the appreciation of the dollar vis-a-vis rupee and other major currencies was at $16.7 billion
The state-owned firms were "encouraged" to buy at least one asset and take a minority stake in a company on the list