Greece draws up reforms as emergency debt meeting looms
Greece's radical new premier meets Tuesday with the head of the OECD over reforms he is seeking to replace the "toxic" terms of his huge bailout, with Athens still at loggerheads with its international creditors.
Feb 10, 2015, 10:00 AM IST
Greek PM `unshakeable` on election pledges, calls for EU bridge loan
A defiant Prime Minister Alexis Tsipras on Sunday said he would be "unshakeable" in carrying out the new Greek government`s anti-austerity agenda as he called for temporary EU funding to help stave off a default.
Feb 09, 2015, 02:44 AM IST
Greece says no to bailout extension, pledges to honour debts
New Greek Prime Minister Alexis Tsipras said Sunday Athens did not want an extension of its bailout but insisted on the need for a "bridge programme" which would buy the country time to negotiate a new deal.
Feb 09, 2015, 01:39 AM IST
Oil price fall exacerbated by hedging, energy firms' debt: BIS
Hedging and energy firms' high debt level play a part in oil's dramatic fall since mid-2014.
Feb 08, 2015, 09:25 AM IST
Angela Merkel rules out debt reduction for Greece
German Chancellor Angela Merkel on Saturday rejected the prospect of debt relief for Athens, adding to tensions between the radical new Greek government and its international creditors.
Jan 31, 2015, 13:51 PM IST
SEBI mulls stricter rules for securitisation trustees
Market regulator SEBI plans to put in place stricter norms, including minimum net worth requirement, for trustees managing issuance of securitised debt instruments.
Jan 21, 2015, 19:19 PM IST
IMF chief warns Greece: `A debt is a debt`
International Monetary Fund chief Christine Lagarde on Monday warned of "consequences" if European countries try to renegotiate their debts, ahead of Greek elections which an anti-austerity party is favoured to win.
Jan 19, 2015, 18:31 PM IST
Firms raise Rs 3.4 lakh crore via pvt debt placements in 2014
Market participants believe that probable interest rate cuts by the Reserve Bank of India (RBI) will further act as a trigger for fund raising through debt instruments.
Jan 14, 2015, 15:10 PM IST
India Inc debt raising hits near record at $57 bn in '14: Report
Primary bond offerings by domestic issuers rose by 2.7 percent to USD 56.9 billion in 2014 from USD 55.4 billion a year ago, clocking the second best performance since the record USD 63.6 billion mop-up in 2012.
Jan 07, 2015, 17:36 PM IST
Over half of 500 cos in debt trouble; need $114 bn to pare it
More than half of the highly over-leveraged top 500 companies would need more than a whopping Rs 7 trillion or USD 114 billion and three years to deleverage themselves, says a report India Ratings.
Dec 03, 2014, 19:45 PM IST
Govt's public debt rises to Rs 49.6 lakh cr at Sep-end
India's public debt increased to Rs 49.6 lakh crore at the end of the July-September quarter of 2014-15, up 2.8 percent over the previous quarter.
Nov 24, 2014, 22:42 PM IST
Focus on lowering debt brings Ashok Leyland back to profits
Focus on reducing working capital, lowering debt and increase in sales in the first six months of the current financial year led Hinduja Group flagship company Ashok Leyland to strengthen its bottom-line, a top company official said.
Nov 07, 2014, 12:14 PM IST
StanChart shares tumble to five-year low as profit slumps on bad debts
Asia-focused bank Standard Chartered Plc warned investors that profits would fall in the second half of this year, after quarterly earnings were hit by a surge in bad loans and higher regulation and compliance costs.
Oct 28, 2014, 16:32 PM IST
Debt mutual funds see outflow of Rs 67,000 cr in Sept
Fund managers showed strong preference for equity schemes over debt as the 'money market' category saw a massive outflow of over Rs 67,000 crore in September.
Oct 24, 2014, 17:27 PM IST
Tata Steel refinances international debt worth $5.4 billion
Aimed at replacing costlier debt, Tata Steel Group Thursday completed restructuring of its entire international loan portfolio arising out of Corus buy in 2007 with the execution of refinancing deals worth USD 5.4 billion.
Oct 16, 2014, 19:47 PM IST
Rich economies should cut debt but spend for jobs: IMF
The International Monetary Fund said Wednesday that advanced economies still hold too much debt, but even as they trim it they need to spend more to generate jobs.
Oct 08, 2014, 21:22 PM IST
RCom plans to steeply pare debt by Rs 15,000 cr over next 2 yrs
Reliance Communications on Tuesday said it plans to reduce its debt to below Rs 20,000 crore in the next couple of years and also will roll out 4G services by next fiscal.
Sep 30, 2014, 18:17 PM IST
RBI right in declaring guarantor as wilful defaultor: Expert
Lenders can declare a loan guarantor as wilful defaulter when the primary borrower is declared so, said an advocate in the apex court.
Sep 10, 2014, 22:12 PM IST
RBI allows FPIs to hedge against coupon receipts of debt
Providing more leeway for overseas investors, the Reserve Bank on Monday allowed Foreign Portfolio Investors (FPIs) to hedge coupon receipts arising out of their investments in debt securities.
Sep 08, 2014, 21:55 PM IST
Argentine lawmakers weigh France as debt payment alternative
Lawmakers in Buenos Aires debated a measure Wednesday that would transfer Argentina`s payments on its restructured debt to France, as the South American country grapples with continuing fallout from its 2001 default.
Sep 04, 2014, 06:30 AM IST
