'She gave choreography in Indian cinema a name, a face and a place.'
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
'The most important thing is that the psychological signal it is giving to the markets and international markets,' says former finance secretary Arvind Mayaram.
Credit cards, if used properly, can be a great way to build one's CIBIL score.
Pantaloon Retail Ltd, the country's largest retail company, and Future Value Retail Ltd, recently carved out from Pantaloon as a 100 per cent subsidiary, plan to issue non-convertible debentures worth Rs 750 crore in the next three-four months, according to sources.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
Ruias to sell Essar Steel stake to strategic partners.
The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation.
Experts say the focus is on preserving liquidity as there is uncertainty over the duration and impact of the 21-day nationwide lockdown imposed to check the spread of COVID-19.
Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.
He murdered his parents because they refused to repay his debts and also murdered 17 neighbours, including children, to cover up his crimes.
The Economic Survey seems convinced that 2019-2020 saw the bottom of the economic cycle, points out Abheek Barua, chief economist, HDFC Bank.
The last edition of the 14-year-old morninger, which had already stopped from Delhi and other centres earlier, will come out on Thursday from Mumbai and Ahmedabad, the broadsheet owned by Zee group's Subhash Chandra's Essel group said.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
Reflecting substantial financial stress, diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore (Rs 44.60 billion).
The new agri-infra fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and financial support.
Due to default in payment, the securities of FICL and NDIL will be valued at zero basis AMFI standard hair cut matrix, and interest accrued and due will be fully provided.
More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.
'Common sense says if one can afford, servicing the loans during this period is a better bet than postponing it by three months,' says Tamal Bandyopadhyay.
SBI and other public sector banks have decided to lend Rs 4,000 crore to Patanjali Ayurved for the acquisition of Ruchi Soya, which was facing bankruptcy proceedings under the Insolvency and Bankruptcy Code. The money lent by banks will help the PSBs to settle their exposure to Ruchi Soya with a haircut of 65 per cent. Banks led by SBI and others had earlier made claims of over Rs 12,146 crore against Ruchi Soya after the company failed to repay its loans.
While buying a term plan, do check how much money will be paid in lumpsum and how much of the money will come to the surviving family as a regular payout, suggests Sarbajeet K Sen.
Why banks are going hammer and tongs behind defaulters.
Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
Housing loan customers may have to repay part of their borrowings or suffer very high EMIs, as there is a scurry among banks to avoid bad debts following successive interest rate hikes in the last six months.
In a meeting on Thursday evening, the RCom management, led by CEO Punit Garg, requested the bank representatives to release Rs 260 crore it received as I-T refund so that it could repay the dues to Ericsson.
Mallya remains on bail pending his UK High Court appeal, now scheduled for February 2020.
The sold property, which was originally built as the company's corporate office, has gone to a wealthy individual. The entire money is expected to be received by June, an informed source said. The realtor had been negotiating the office property's sale for a few months and had finally closed the deal, the source said. A company spokesperson declined to comment.
The company will use the proceeds to fund its expansion plan and repay debt.
While the investment amount could not be immediately ascertained, a report pegged it at about $2 billion.
The US spent $1.5 million a day since 2001 fighting the opium war in Afghanistan. After hundreds of airstrikes failed to curtail the Taliban's $200-million-a-year opium trade, the US military quietly ended the campaign when the Trump administration officials engaged in direct peace talks with the Taliban, notes Atanu Biswas.
The amount from securitisation has been utilised to repay rupee debt, saving significant interest costs for the company.
Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.
Stocks of companies where promoters have pledged a high percentage of shares, like the Zee group, can be volatile. Such stocks are also prone to rumours, reports Sanjay Kumar Singh.
Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
The new circular provides for a framework for early recognition, reporting and time-bound resolution of bad loans.
However, banks will not be able to retain the 'standard' asset classification status of the loan accounts in such cases.
Vodafone Idea will gradually lose market share given its weak balance sheet and limited financial flexibility, says Fitch.
The company has finalised a three year business plan to increase revenue and control costs.
Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.
The one fact of life that will be unchanged into the foreseeable future is that India will remain hugely import-dependent for energy, while rival countries are booking sources of supply, or blocking other sources through trade embargoes.
