debt obligations

Moody’s may downgrade India’s three top private lenders

April 30th, 2012 - 3:23 pm ICT by IANS
Mumbai, April 30 (IANS) Global ratings agency Moody's Investors Service said Monday it has placed on review India's three top private sector lenders ICICI Bank, HDFC Bank and Axis ... Read more...

Posted in Business |

What do ratings, outlook downgrades mean?

April 25th, 2012 - 7:52 pm ICT by IANS
New Delhi, April 25 (IANS) Ratings agency Standard & Poor's Wednesday cut its outlook on India to "negative" from "stable". What does it mean?Outlook indicates potential direction of ratings in ... Read more...

Posted in Business |

Himachal’s fiscal liabilities up 46 percent: CAG

April 6th, 2012 - 6:10 pm ICT by IANS
Shimla, April 6 (IANS) The fiscal health of Himachal Pradesh has deteriorated as there has been an increase in liabilities by 46 percent in the past four years, the Comptroller ... Read more...

Posted in Business |

Mexican oil firm ends 2011 with net loss of $6.5 bn

March 1st, 2012 - 11:59 am ICT by IANS
Mexico City, March 1 (IANS/EFE) State oil monopoly Petroleos Mexicanos, Mexico's largest company, said it posted a net loss of $6.5 billion in 2011, a 103 percent increase over 2010.Pemex ... Read more...

Posted in Business |

SKS Microfinance trims loan book by another Rs.354 crore

February 27th, 2012 - 11:20 pm ICT by IANS
Hyderabad, Feb 27 (IANS) SKS Microfinance Limited, India's only listed microfinance institution (MFI), has sold another Rs.354 crore off its loan book to a leading public sector bank, paving the ... Read more...

Posted in Business |

US unlikely to default: S&P;

July 28th, 2011 - 7:23 pm ICT by IANS
Washington, July 28 (IANS) The United States is unlikely to default on its debt obligations but its credit rating could still be lowered, an official from one of the country's ... Read more...

Posted in Business |

Boehner & Reid working on debt plans

July 26th, 2011 - 7:28 pm ICT by Aishwarya Bhatt
Washington, July 26 (THAINDIAN NEWS) There have been rival plans from Democrat and Republican lawmakers regarding how the US debt crisis should be handled. House Speaker John Boehner and Senate Majority Leader ... Read more...

Posted in Politics |

Moody’s places US debt rating on review

July 14th, 2011 - 11:41 am ICT by IANS
New York, July 14 (IANS/EFE) Moody's Investors Service announced Wednesday that it has placed the US debt on review with an eye toward possibly downgrading it, given the possibility that ... Read more...

Posted in Business |

Jubilant Organosys repays $69 million debt

May 26th, 2010 - 7:03 pm ICT by IANS
New Delhi, May 26 (IANS) Pharma company Jubilant Organosys Wednesday said it has repaid $69 million debt and it expects to meet all its debt obligations due next year on account of ... Read more...

Posted in Business |

Move to strengthen regulations for credit rating agencies

January 27th, 2010 - 9:16 pm ICT by IANS
New Delhi, Jan 27 (IANS) The government Wednesday said there were no immediate concerns over operations of credit rating agencies in the country but emphasised the need to strengthen the existing regulations ... Read more...

Posted in Business |

Abu Dhabi steps in with $10 bn to bail-out of Dubai World

December 14th, 2009 - 1:32 pm ICT by IANS
Dubai, Dec 14 (IANS) Peer emirate Abu Dhabi Monday had a a pleasant surprise for the financial world Monday, stepping in with a $10 billion bail-out offer for Dubai World that is ... Read more...

Posted in Business |