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With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel International begins cash purchase of its USD 1.5 bn bonds to...

Bharti Airtel International, using the proceeds it got from six global entities investing in its Africa unit.

10 Nov 2018 8:32 AM

IL&FS, which arranged financing for infrastructure projects, has amassed huge debts and has defaulted on payment obligations for some.

Multiple options explored; selling IL&FS as going concern best case...

The government has seized control of IL&FS and ordered an inquiry by the Serious Fraud Investigation Office.

5 Nov 2018 7:12 AM

15th Finance Commission chairman N.K. Singh. (Photo: PTI)

Finance Commission invites suggestions from stakeholders by June 30

New panel will also look into impact of GST, including payment of compensation for possible loss of revenues for 5...

22 Feb 2018 12:38 PM

Board of Idea Cellular approved raising about Rs 3,250 cr from entities under promoter Aditya Birla Group.

Idea Cellular raises Rs 3,250 cr from promoter group

The net debt of Idea as on December 31, 2017 stood at Rs Rs 55,781.8 crore.

12 Feb 2018 12:26 PM

Vedanta and Cairn

Vedanta gets NCLT nod for Electrosteel takeover

The 270-day resolution deadline stipulated by IBC ended Tuesday.

18 April 2018 2:57 AM

Fitch will no longer provide ratings or analytical coverage for RCom.

NCLAT allows RCom to execute asset sale

RCom is now very confident of achieving overall debt reduction of approximately Rs 25,000 cr within next few weeks.

6 April 2018 10:37 AM

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Fund infusion may not help much, say bankers

Centre infused Rs 1.29 lakh crore as capital into the banking system.

20 July 2018 3:49 AM

Fitch will no longer provide ratings or analytical coverage for RCom.

RCom reports smaller loss in first quarter

RCom has been hit by a fierce price war and is the most leveraged of all listed telecoms carriers in India.

19 July 2018 3:00 AM

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Fitch says IOC's net debt levels to rise due to large capex

Fitch expects IOC's capex to remain high to upgrade refineries to meet new emission standards.

16 July 2018 10:19 AM

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Govt likely to float bids for Air India sale next month

The airline is sitting on a debt pile of around Rs 58,000 crore, besides huge accumulated losses running into thousands...

21 Oct 2019 6:16 AM

Mortgage lender Dewan Housing Finance Ltd (DHFL) on Tuesday said that it has cleared interest of Rs 961 crore due on non-convertible debentures (NCDs) and would be seeking a rating upgrade from agencies.

Govt to start DHFL's bankruptcy proceedings in latest shadow banking...

DHFL's owes its lenders nearly 1 trillion rupees including several mutual funds, banks, pension funds, insurance firms...

21 Nov 2019 5:04 AM

The Supreme Court, on November 6, directed completion of corporate insolvency resolution process within 90 days for Jaypee Infratech.

NBCC, Suraksha Realty submit revised bids for Jaypee Infra

This will be the third round of bidding process in the Jaypee Infratech insolvency matter.

18 Nov 2019 4:03 AM