All debts pertaining to telecom business paid: Unitech
Realty firm Unitech Thursday said it has repaid all debts pertaining to telecom business and will bring down its overall debt of over Rs 6,300 crore gradually with the help of positive cash flow.
Jun 04, 2015, 19:35 PM IST
Britain to fully privatise postal service to slash debt
Britain`s newly-elected government on Thursday outlined plans to sell off its remaining stake in the Royal Mail as part of efforts to cut state debt by £4.5 billion ($6.9 billion, 6.1 billion euros).
Jun 04, 2015, 18:59 PM IST
Uncertainty shrouds Greek debt talks after Tsipras tirade
Uncertainty shrouded Greek debt negotiations on Monday at the start of a crucial week after Prime Minister Alexis Tsipras fired a broadside at international creditors that officials said bore little resemblance to his private talks with EU leaders.
Jun 02, 2015, 00:02 AM IST
RCom plans to monetise non-core assets to lower debt
Reliance Communications Monday said it is looking at monetising its non-core assets to bring down the debt-to-EBIDTA ratio to about 3 in 18-24 months.
Jun 01, 2015, 21:51 PM IST
Greece to keep repaying creditors as long as it can: Official
Struggling Greece will keep on repaying for as long as it can its EU-IMF creditors, who have demanded reforms and withheld release of the country`s remaining bailout funds, a spokesman said Monday.
May 25, 2015, 17:36 PM IST
FPIs dump equities, debt of more than Rs 14,000 cr in May
During January to April, investment by foreign portfolio investors (FPIs) totalled Rs 94,241 crore, but month-on-month analysis showed the fund flows are on a decline.
May 24, 2015, 11:43 AM IST
Greece raids emergency account to repay debt
Greece admitted Tuesday it was scrapping the bottom of the barrel for cash as another huge debt repayment loomed, adding pressure to reach a rescue deal with its EU-IMF creditors to avoid default and crashing out of the eurozone.
May 12, 2015, 17:58 PM IST
Greece seeks eurozone nod but bailout deal ruled out
Greece pushed Europe on Monday to back its reform plans and free up cash before a huge repayment to the IMF, but ministers meeting in Brussels warned there would be no bailout deal yet.
May 11, 2015, 21:15 PM IST
Greece, creditors `very close` to a deal: Minister
Greece and its international creditors were "very close" to a loan deal for the cash-strapped country, a Greek junior minister said Sunday, a day ahead of a key meeting in Brussels.
May 10, 2015, 17:07 PM IST
Greece blames EU, IMF for impasse in debt talks
With time quickly running out to unlock bailout funds needed to repay its debts, the Greek government said Tuesday that differences between the EU and IMF were blocking an agreement.
May 05, 2015, 22:20 PM IST
Greece wants funds as talks progress
Greece called Monday for its creditors to give it a bit of financial breathing room thanks to renewed progress in talks, warning there was no money left to keep paying off its debt and run the government.
May 04, 2015, 21:43 PM IST
Suzlon to retire Rs 5,000-cr debt from Senvion proceeds
Wind turbine maker Suzlon Energy Thursday said it has completed sale of its German arm Senvion to the US-based Venture Capital fund Centerbridge Partners, and it will retire Rs 5,000 crore of its Rs 16,500-crore debt.
Apr 30, 2015, 22:37 PM IST
Greece resumes debt talks with creditors
Greece on Thursday resumed talks with its international creditors on critically-needed bailout funds as officials warned that time was running out for a deal.
Apr 30, 2015, 22:28 PM IST
IMF says Ukraine debt deal needed soon
The International Monetary Fund reiterated Thursday that Ukraine needs to complete a debt restructuring with private creditors within weeks to pass the first review of the IMF loan program.
Apr 30, 2015, 22:27 PM IST
`I`m still in charge` of Greece debt talks team: Varoufakis
Greek Finance Minister Yanis Varoufakis insisted in a German newspaper interview Wednesday that he is still in charge of Greece`s team handling crucial talks with creditors, despite a recent shake-up.
Apr 29, 2015, 23:30 PM IST
BoI raises $750-m overseas debt at 3.125%, its lowest ever
State-run Bank of India Tuesday raised USD 750 million by selling five-year bond to international investors at a coupon of 3.12 percent, it lowest pricing so far.
Apr 28, 2015, 23:04 PM IST
Greece must be realistic in debt talks: Dijsselbloem
Greece needs to be realistic when negotiating debt relief, Eurogroup chief Jeroen Dijsselbloem cautioned on Tuesday, as Athens runs out of time and money to settle a deal.
Apr 28, 2015, 23:02 PM IST
Tsipras presses for early Greek debt deal but flags referendum
Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an early deal with international creditors, after shaking up his negotiating team and sidelining his outspoken finance minister who has infuriated euro zone partners.
Apr 28, 2015, 13:23 PM IST
Greece moves to sideline Varoufakis after reform talks fiasco
Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to relegate embattled Finance Minister Yanis Varoufakis to a less active role in negotiations.
Apr 28, 2015, 09:00 AM IST
FinMin yet to make recovery from ineligible under debt waiver
A Parliamentary Panel Monday said it is "perturbed" with the Finance Ministry over its delay in recovering the money given to ineligible persons under the Rs 68,376 crore farm debt waiver scheme in 2008.
Apr 27, 2015, 22:04 PM IST
