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    Debt Restructuring Plan

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    • IMF says Chad debt plan needed by end-March as conditions worsen

      IMF mission chief Edward Gemayel said in a statement that Chad's real GDP in 2021 is estimated to have contracted by 1.1%, driven by a reduction in oil production, while average annual inflation was contained after soaring in 2020 to 4.5%.

    • Cabinet to take up AI expansion plan after RBI report

      The issue of additional equity infusion of Rs 6,600 crore in Air India and acquisition plan for 27 Boeing 787 Dreamliner planes would be referred to the Union Cabinet after the RBI gives its views on debt restructuring plan for the ailing national carrier.

    • Koutons Retail gets nod for debt restructuring plan

      Koutons Retail India touched an intraday high of Rs 23.15 and an intraday low of Rs 22.05. At 09:29 hrs the share was quoting at Rs 22.65, up Rs 0.95, or 4.38%.

    • Banks to plan debt restructuring for Air India: Sources

      The Air India board discussed its financial restructuring plan with bankers on Friday, April 8. According to the sources, banks are preparing to resolve Air India's problem of servicing its huge debt of about 40,000 crore, reports CNBC-TV18's Vidhi Godiawala quoting sources.

    • Koutons Retail plans restructuring to clear debt: Sources

      Apparel manufacturer Koutons Retail has admitted that debt clouds are hanging over the company and there is no other option than planning for debt restructuring to recast debt.

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