Mar 16, 2015 at 10:02 | Source: CNBC-TV18
The company pays roughly Rs 750 crore interest every month, including dividend on preference shares, on its debt. Tyagi says the lower borrowing rate should help the company save around Rs 175 crore on dividend payouts.
Mar 04, 2015 at 15:03 | Source: Moneycontrol.com
Shares of Housing Development and Infrastructure (HDIL) gained 4.6 percent intraday Wednesday as the company is selling industrial plot in Gujarat.
Mar 04, 2015 at 13:21 | Source: CNBC-TV18
Mumbai-based HDIL has put up a 113 acre industrial plot for sale, the company said in statement today. Speaking to CNBC-TV18, VP Finance Hariprakash Pandey said proceeds from the sale would be used to pare debt.
Feb 25, 2015 at 12:26 | Source: CNBC
"The reason why we have this four-month period is to re-establish bonds of trust between us and our European partners as well as the IMF in order to build a new contract between us and our partners so as to put an end to this debt inflationary spiral," Yanis Varoufakis said in an interview in Athens.
Feb 23, 2015 at 10:29 | Source: Reuters
Spot gold was little changed at USD 1,202.10 an ounce by 0225 GMT, after dropping to USD 1,197.95 in the previous session as safe-haven bids receded. The metal recorded its fourth straight weekly decline on Friday.
Feb 21, 2015 at 12:50 | Source: CNBC
"Russia is expected to experience a deep recession in 2015 and a continued contraction in 2016," the ratings agency said in a statement.
Feb 21, 2015 at 08:55 | Source: Reuters
After a holiday-shortened trading week that pinned stocks in a tight trading range, equities are poised for a bout of renewed volatility as investors watch the economy and the Federal Reserve for signs of policy changes and economic strength.
Feb 21, 2015 at 08:48 | Source: Reuters
The Dow and S&P 500 ended at record highs on Friday while the Nasdaq notched an eighth straight day of gains after Greek and euro zone finance ministers reached a deal to extend heavily indebted Greece's financial rescue by four months.
Feb 18, 2015 at 10:32 | Source: CNBC-TV18
The rise in debt was basically because of decrease in sales and the profits too were eaten up by higher interest burden, said Ashok Tyagi, Group CFO, DLF.
Feb 18, 2015 at 08:20 | Source: Reuters
Spot gold was steady at USD 1,208.45 an ounce by 0038 GMT. It fell to USD 1,203.30 on Tuesday, its lowest since Jan. 6, before closing down 1.8 percent, as global equity markets recovered to trade slightly higher.