scorecardresearch
Sunday, April 28, 2024
TopicLoans

Topic: Loans

Billionaire Adani nearing acquisition of GMR power plant

Adani Power Ltd will reportedly take over about 38 billion rupees of loans out of a total of 58 billion rupees that GMR Chhattisgarh Energy Ltd owes.

Supreme Court gives temporary relief to cash-strapped power sector producers

Power producers had previously challenged RBI’s revised debt servicing rules, which they allege can push nearly 75 gigawatts of projects into bankruptcy.

Barclays contemplating comeback in consumer banking in India

The UK bank intends to rebuild the retail banking operation in India by strengthening deposits and offering loans digitally. 

Reliance plans to expand consumer biz by raising Rs 40,000 crore in fresh debt

Reliance plans to raise funds through bonds and loans even as its total debt trebled in the last five years. 

Blackstone’s first-of-a-kind India IPO confronts rate jitters

Firm’s IPO may raise as much as $1 billion but could be delayed should investors demand a higher-than-expected yield.

ICICI Bank to probe conflict of interest allegations against Chanda Kochhar

The board, which had expressed confidence in Kochhar last month, said the probe will be conducted by an independent person.

On Camera

America’s out-of-control militarised police forces are a threat to democracy

The world watched aghast as police armed with tasers, tear-gas masks—and in one case backed up by snipers—arrested hundreds of pro-Palestinian protesters at universities across the United States.

Asia’s growth outlook remains positive despite external uncertainties, says ADB

The Asian Development Outlook 2024 report suggests that policymakers in the region should monitor a number of risks. These include escalating conflicts and geopolitical tensions.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.