New Challenge For Lenders To Anil Ambani’s Telecom And Its $7 Billion Debt

06-11-2017

Lenders to embattled Reliance Communications Ltd. have bought themselves some time in taking provisions on $7 billion of debt, but still face an uphill struggle in turning around the phone company. Last week, the carrier currently controlled by billionaire Anil Ambani proposed banks convert about 15 percent of the loans owed to them into a 51 percent stake, a move facilitated by the central bank's Strategic Debt Restructuring program. The swap gives lenders an 18-month grace period during which they can try to revive Reliance Communication and avoid having to recognize losses on their loans. It'll be a challenge, some analysts warn, given the harsh competitive pressures in India's

Read More
शिवराज सरकार ने लोगों को आम की तरह चूसा और गुठली की तरह फेंक दिया : केजरीवाल
November 6, 2017

दिल्ली के सीएम और आम आदमी पार्टी (आप) के राष्ट्रीय संयोजक अरविंद केजरीवाल रविवार को मध्यप्रदेश के सीएम शिवराज सिंह चौहान पर जमकर

Read More
Wah Taj & Gujarat Behind the Curtain coming soon in Urdu, Hindi and Gujarati
November 3, 2017

Today, though the State is gobbling those crores yet its political rulers stand questioning the Taj Mahal and its very builder, emperor Shah Jahan – the man and his emotions behind erecting this wonder in memory of his spouse, Mumtaz Mahal. In fact, months before Yogi Adityanath was appointed chief minister of Uttar Pradesh he had tried his

Read More
2 नवंबर को AAP राष्ट्रीय परिषद की बैठक, इन मुद्दों पर मंथन संभव
October 30, 2017

आम आदमी पार्टी ने 2 नवंबर को अपने राष्ट्रीय परिषद की बैठक बुलाई है. 450 से भी ज्यादा सदस्यों वाली आम आदमी पार्टी की राष्ट्रीय परिषद की

Read More
Safeguard Chinese Territory: Xi Jinping To Herdsmen Near Arunachal Border
October 30, 2017

BEIJING:  President Xi Jinping has told herdsmen from a Tibetan settlement bordering Arunachal Pradesh to "set down roots" to safeguard "Chinese territory" and focus on developing their hometown. "Without peace in the territory, there will be no peaceful lives for the millions of families," Xi, who began his second term in office after the

Read More
राहुल: मोदी जी की GST का मतलब ‘ये कमाई मुझे दे दे’
October 25, 2017

कांग्रेस उपाध्यक्ष राहुल गांधी ने वस्तु एवं सेवा कर (जीएसटी) को 'गब्बर सिंह टैक्स' कहने के एक दिन बाद मंगलवार को जीएसटी को लेकर एक बार

Read More
सियासी दलों को आरटीआई के दायरे में लाने पर विचार करे चुनाव आयोग: सुप्रीम कोर्ट
October 25, 2017

सुप्रीम कोर्ट ने मंगलवार को चुनाव आयोग से कहा कि वह सियासी दलों को सूचना के अधिकार (आरटीआई) कानून के दायरे में लाने संबंधी ज्ञापन पर

Read More

Latest News

Pratyush launched as India’s fastest supercomputer yet