liquidity crisis news
Latest from liquidity crisis
SpiceJet clears pending July, August salaries of employees: Official
Salaries of July and August of all employees and those who hadn’t received June salaries were disbursed on Wednesday evening
Published on Sep 26, 2024 07:37 PM IST
China's top-selling to world's most indebted developer: The Evergrande crisis
Evergreen developers and a string of its peers have defaulted on their offshore debt obligations amid slowing home sales and fewer new avenues for fundraising.
Published on Jan 29, 2024 09:39 AM IST
Reuters |
Franklin needs investors’ nod for closure of debt funds: HC
The HC, which has been hearing the cases since June, ruled that while it does not want to interfere with Franklin’s decision, it should seek consent of unit holders.
Published on Oct 25, 2020 01:11 AM IST
New Delhi | Agencies
Haven’t heard about liquidity as a problem from anybody: Nirmala Sitharaman
India’s economic growth is expected to recover in the last two quarters of the current financial year since consumer demand is expected to pick up during the festive season, the finance minister added.
Updated on Sep 27, 2019 02:03 AM IST
New Delhi | Rajeev Jayaswal
Godrej Construction to focus more on infra as realty sector slowdown bites more
The construction materials business arm is a strategic business unit of the diversified Godrej & Boyce Mfg Co and is also eyeing a 20 per cent jump in revenue this fiscal to ₹300 crore from ₹250 crore last fiscal year.
Updated on Sep 22, 2019 05:54 PM IST
Mumbai | Press Trust of India
Housing finance firms to get additional liquidity support of ₹20,000 crore
The additional liquidity support to be provided by the National Housing Bank (NHB) will help the real estate sector which is facing a demand slowdown and cash crunch.
Updated on Aug 31, 2019 03:07 PM IST
New Delhi | Press Trust Of India
RBI governor says time other banks linked loans, deposits to repo rate
The move to link loans and deposits pricing to the repo rate comes even as the Reserve Bank has decided not to push banks for this, considering their poor finances.
Updated on Aug 19, 2019 12:56 PM IST
Mumbai | Press Trust of India
India Inc earnings disappoint, analysts warn of gloomy festive season
India’s biggest lenders and automakers have all sounded warning bells over the slower growth in demand and consumption.
Updated on Aug 06, 2019 05:40 PM IST
Bengaluru | Reuters
Tax break for ₹45 lakh homes
“The economy is slowing down and consumption is at a 20-quarter low coupled with a liquidity crisis,” said Chawla.
Updated on May 28, 2020 10:45 PM IST
Hindustan Times, Mumbai | HT Correspondent
To solve the liquidity crisis, RBI should make banks lend more to NBFCs
The regulation of NBFCs has been falling through the cracks. Under the present laws NBFCs are regulated by RBI. RBI does not have the regulatory capacity to perform these regulatory functions
Updated on Jun 28, 2019 07:03 PM IST
Ila Patnaik
‘NBFCs need scrutiny, failure can cause losses’: RBI
Non-bank lenders have seen their source of funds suddenly dry up after a series of defaults by Infrastructure Leasing & Financial Services Ltd that triggered a liquidity crisis.
Published on Jun 28, 2019 07:13 AM IST
Hindustan Times, Mumbai | Shayan Ghosh
MHADA declares 14,207 South Mumbai buildings dilapidated, but tenants unwilling to shift
Anand Jetha (name changed), 64, who has seen three generations of his family live in a 100 square-feet house in Kamathipura 4th lane, said shifting to a transit accommodation was not an option.
Updated on Jun 06, 2019 08:25 AM IST
Hindustan Times, Mumbai | Naresh Kamath
CFO of grounded Jet Airways Amit Agarwal resigns over personal reasons
Jet Airways seized operations temporarily around mid- April due to acute liquidity crisis. Most of the airline’s board members have also quit in the last one month.
Updated on May 14, 2019 10:15 AM IST
Mumbai | Press Trust of India
Anil Ambani needs $2 billion in asset sales to save his last stronghold
Asset disposals are key to averting a crisis at Reliance Capital, said Mathew Antony, a managing partner at Mumbai-based Aditya Consulting, a credit advisory firm.
Updated on May 03, 2019 03:23 PM IST
Bloomberg | P R Sanjai
‘We await facts of what conspired and who failed us’: Jet pilot to management
Facing severe liquidity crisis, Jet Airways on Wednesday night suspended its operations indefinitely.
Updated on May 04, 2020 10:29 PM IST
New Delhi | Indo Asian News Service
Air India keen on taking 5 grounded Jet Airways Boeings: Report
Jet Airways has 10 Boeing 777 in its fleet which it used to serve various popular destinations in Europe and North America before halting the entire international operations.
Updated on Apr 18, 2019 02:29 PM IST
Hindustan Times, New Delhi | Indo Asian News Service
Budget 2019: Hits and misses for realty
Tax benefits and incentives for affordable housing could help sector in the long run, but clarity on GST and a solution to the NBFC liquidity crunch are crucial too, say experts.
Published on Feb 09, 2019 07:46 PM IST
Hindustan Times | Aishwarya Iyer
Ethiopian police take three IL&FS employees in custody over unpaid wages, five still in captivity of staff
Even as five IL&FS employees continue to remain in captivity of unpaid staff in Ethiopia, the local police have taken into custody three Indian officials of the infrastructure company over non-payment of taxes and workers’ salaries, a source said.
Updated on Dec 04, 2018 07:59 PM IST
Mumbai | Press Trust of India
Harsh winds ahead for India’s political economy
We had four years of relative macro-economic stability but could not use that to rev up growth and create more jobs. Our exports engine remains broken. Now, as the economic tide turns, coinciding with a tricky electoral season, the country finds itself in a vulnerable state.
Updated on Oct 27, 2018 05:43 PM IST
Udayan Mukherjee