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  • S&P downgrades Vedanta bonds on debt, commodity price concerns Feb 17, 2016 08:49 PM IST

    S&P downgrades Vedanta bonds on debt, commodity price concerns

    S&P Ratings Service (S&P) said the NRI billionaire Anil Agarwal-led firm is facing "increasing pressure on liquidity, given the slower than expected progress on refinancing of its USD 1.35 billion debt maturing in mid-2016 and covenant pressures".

  • Fitch assigns stable outlook to Indiabulls Real Estate Oct 12, 2015 10:40 PM IST

    Fitch assigns stable outlook to Indiabulls Real Estate

    Fitch expects IBREL's net debt to reduce to around Rs 4,800 crore by end of 2015-16 fiscal from Rs 5,540 crore a year earlier, and fall further thereafter. IBREL has raised funds that it plans to use to reduce debt.

  • Govt to unveil budget as inflation, state elections weigh Feb 28, 2011 07:14 AM IST

    Govt to unveil budget as inflation, state elections weigh

    The embattled government faces the daunting task of appeasing voters weary of high inflation while trying to tame its fiscal deficit when it presents its budget for the next fiscal year today at 11 AM.

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