Monday 16th September 2019,
Radio Metta

debt

IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

Crisis-ridden Infrastructure Leasing and Financial Services (IL&FS) is planning to sell its Mumbai headquarters, along with other non-core real estate assets, in order to raise up to Rs 6,000 crore to reduce debt, reported The Economic Times. The move comes as the firm tries to reduce close to Rs 94,000 crore debt and improve cash position, [...]

June 2, 2019 Loknath Das Real Estate Comments Off on IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

From DeVos to Debt: This Week’s Top 7 Education Stories

From DeVos to Debt: This Week’s Top 7 Education Stories

Asked whether Christian schools should continue to rely on philanthropic dollars—rather than pushing for taxpayer money through vouchers—Betsy DeVos replied, “There are not enough philanthropic dollars in America to fund what is currently the need in education … [versus] what is currently being spent every year on education in this country … Our desire is [...]

January 20, 2017 Saheli Education Comments Off on From DeVos to Debt: This Week’s Top 7 Education Stories

The Latest: Clinton goes after rising college tuition, debt

The Latest: Clinton goes after rising college tuition, debt

The Latest on Campaign 2016 ahead of the Republican and Democratic National Conventions (all times EDT): 10:00 a.m. Hillary Clinton is announcing new steps aimed at tackling the rising cost of college tuition and the burden of student loan debt, including a three-month moratorium on loan payments for all federal loan borrowers. Clinton is also [...]

July 7, 2016 Saheli Education Comments Off on The Latest: Clinton goes after rising college tuition, debt

Gulf Keystone Petroleum mulling debt

Gulf Keystone Petroleum mulling debt

Iraq-centered Gulf Keystone Petroleum stated Friday it reached an agreement with bondholders to put offmaking interest bills while it seeks debt restructuring. The company stated it reached a address a committee of holders of notes and bonds to go into right into a “standstill settlement” on hobby payments for April. The agreement consists of the [...]

April 29, 2016 Saheli Business Comments Off on Gulf Keystone Petroleum mulling debt

Gulf Keystone Petroleum mulling debt

Gulf Keystone Petroleum mulling debt

Iraq-targeted Gulf Keystone Petroleum said Friday it reached an settlement with bondholders to delaymaking hobby payments even as it seeks debt restructuring. The agency said it reached a address a committee of holders of notes and bonds to enter into a “standstillsettlement” on interest payments for April. The settlement includes the majority of the agency‘s [...]

April 29, 2016 Saheli Business Comments Off on Gulf Keystone Petroleum mulling debt

Arrium administrator and Morgan Stanley agree to work on $75 mln debt

Arrium administrator and Morgan Stanley agree to work on $75 mln debt

The administrator for troubled Australian steel and iron ore group Arrium Ltd said it had agreed to work toward a “constructive” outcome with Morgan Stanley after the investment bank took legal steps to call in a three-year-old debt. Morgan Stanley filed action in the Delaware Chancery Court in the United States on Friday seeking orders [...]

April 18, 2016 Saheli Business Comments Off on Arrium administrator and Morgan Stanley agree to work on $75 mln debt

Global funds drawn to India’s record $120 billion sour debt

Global funds drawn to India’s record $120 billion sour debt

Global distressed asset buyers such as JC Flowers & Co and Apollo Global are flocking to India, where banks have been ordered to clean up an estimated $120 billion of bad and troubled loans. Bad loans at Indian banks jumped by nearly a third to around 4 trillion rupees ($60.3 billion) late last year as [...]

April 7, 2016 Saheli Business Comments Off on Global funds drawn to India’s record $120 billion sour debt

The Path to Debt Free College: More School Choice

The Path to Debt Free College: More School Choice

There’s no shortage of efforts to solve our nation’s $1.3 trillion student debt crisis. Just last week, Sen. Elizabeth Warren announced the Reducing Educational Debt Act, bills aimed at giving student borrowers new debt refinancing options and allocating more federal money to Pell Grants and community colleges. One week before, the Obama administration announced its [...]

March 21, 2016 Saheli Education Comments Off on The Path to Debt Free College: More School Choice

Argentina lawmakers back debt settlement deal

Argentina lawmakers back debt settlement deal

After 20 hours of debate, a majority of 165 to 86 lawmakers voted in favour of repealing two bills which stood in the way of the agreement with creditors. It is a victory for President Mauricio Macri who struck the deal after his election win in November. It will now go to the Senate, where [...]

March 16, 2016 Saheli Business Comments Off on Argentina lawmakers back debt settlement deal