A wholly owned subsidiary of Adani Enterprises, Adani New Industries Ltd (ANIL), has raised a trade finance facility of $394 million or Rs 3,231 crore...
Vedanta Resources Ltd (VRL), led by mining billionaire Anil Agarwal, is reportedly in talks with Deutsche Bank and other global lenders, including JPMorgan and Barclays,...
The beleaguered GoFirst airline owner Wadia Group plans to go for a one-time settlement with banks wherein creditors will take a “substantial haircut”, the media report mentioned....
India’s market capitalisation fell below $3 trillion for the first time in nine months, mainly due to persistent selling pressure from instability in the US...
US stocks ended higher on Friday, marking the end of a turbulent week, as Federal Reserve officials calmed investor concerns about a potential liquidity crisis...
Vedanta Resources Ltd (VRL), led by mining tycoon Anil Agarwal, has repaid a $250 million loan it received from Barclays and Standard Chartered Bank, regulatory...
India’s tormented Adani Group is discussing with moneylenders to repay a $500 million channel loan facility it had occupied to buy supervisory stakes in cement...
The Reserve Bank of India is working on alternative arrangements for banks whose local business would be hit if European market regulators withdrew their recognition...