Dubai crisis may push up cost of overseas credit

The Dubai crisis may increase the cost of funds for India companies, particularly those with business interests in West Asia. Credit risk spreads, reflecting a premium over the benchmark lending......

Loan rating cut for DP World's Indian units

Dubai World's troubles have begun to impact India. Icra, the rating agency, on Monday downgraded its ranking on loans extended to DP World's (a transport and logistics arm of Dubai World) container......

Dubai crisis: India puts shipping sector on alert

The Indian government on Friday said it has sought detailed information from all ports associated with DP World to assess the impact of Dubai debt crisis on Indian shipping sector. "Alerted after......

Dubai Ports set to buy out P&O

The Gulf-based Dubai Ports World is all set to buy out the 165-year old port operator P&O Ports for $6.8 billion even as the Singapore-based port heavyweight PSA International is out of the fray......