Aug 28, 2015 at 10:25 | Source: CNBC-TV18
Gammon Infra has sold its stake in nine projects (six road and three power projects) to Brookfield & Core Infra India Fund, a move that will fetch it Rs 563 crore and cut its debt, it informed exchanges today.
Aug 28, 2015 at 09:59 | Source: Moneycontrol.com
GIPL said post the transaction the consolidated debt of the company will be reduced from Rs 3,947 crore to Rs 2,229 crore, which is expected to improve the gearing of company at consolidated level from more than 4 times to around 2 times going forward and make company net cash surplus.
Aug 24, 2015 at 11:34 | Source: Moneycontrol.com
According to Angel Broking, Euro is expected to trade sideways to negative as resignation by the Greek PM has again raised doubts about the stability of debt-ridden nation. This will keep the shared currency and the Euro markets volatile. Moreover, lack of important data releases from the nation will keep the trading volumes light.
Aug 21, 2015 at 08:03 | Source: IBNLive.com
Tsipras's announcement came after debt-crippled Greece paid a huge debt to the ECB on Thursday, effectively starting its third mammoth bailout, expected to cost as much as 86 billion euros (USD 96 billion) over the next three years.
Aug 20, 2015 at 21:39 | Source: Reuters
Tspiras, elected in January, is expected to make a televised state address on Thursday evening.
Aug 20, 2015 at 08:31 | Source: Reuters
The Bundestag vote cleared one of the final obstacles to Greece getting funding so that it can make a 3.2 billion-euro debt repayment to the European Central Bank on Thursday.
Aug 19, 2015 at 21:54 | Source: CNBC
Volker Wieland, a member of the German Council of Economic Experts and chair of the Institute for Monetary Theory and Policy at Goethe University, told CNBC Wednesday that any relaxation in the payments by Greece would not be urgent.
Aug 19, 2015 at 17:00 | Source: CNBC-TV18
The companys debt stands at Rs 4,800 crore and would repay additional Rs 1000 crore over 18 months, says Praveen Sood, CFO of HCC.
Aug 18, 2015 at 18:29 | Source: PTI
DLF has been selling non-core land parcel and businesses for the last three-four years to focus on its core real estate business as well as to improve its cash flows and reduce debt.
Aug 13, 2015 at 18:16 | Source: PTI
The news came as a rare ray of light for the debt-swamped eurozone country, as its parliament prepares to vote today on a new 85 billion euro (USD 94 billion) bailout deal with international creditors - its third rescue plan in half a decade.