Page 2 - Aborrowings News Today

The company will issue up to 2.2 crore shares to promoters and promoter group, Grasim said in an exchange filing on January 4.

Interest pay-out of the government in the next financial year is expected to climb 11-12% from the ongoing fiscal 2024. The interest pay-out for FY24 is projected to be Rs 10.80 lakh crore. In the pre-Covid FY20, interest payment at Rs 6.12 lakh crore had accounted for 22.8% of the total expenditure.

BORROWINGS by the national government in November soared compared to a year earlier, Bureau of the Treasury data showed, while debt servicing slipped in the same month.

ET Prime dived deep to analyse Nifty 500 companies and found that labour costs for IT and manufacturing companies have fallen or remained stagnant at best in the past five years. At the same time, wage growth hasnt been able to keep up with inflation growth. More employees are resorting to loans to meet expenses. This has given birth to an unsecured loan problem.

Kerala is the second State to move the top court this year in relation to financial disputes with the Central government. It has argued that Centre's actions have the potential to damage the federal structure.

Debt-laden Sapura Energy Bhd finds temporary relief after the majority of creditors gave approval-in-principle to restructure its RM10.3bil debt.

THE national government borrowed more in October compared to a year earlier, Bureau of the Treasury data showed.

Asian communications technology group Singtel, through its data centre subsidiaries DCW and DCKC, has secured a S$535 million five-year green loan. Si...

Asian communications technology group Singtel, through its data centre subsidiaries DCW and DCKC, has secured a S$535 million five-year green loan. Si...

Off-budget borrowings by states rose sharply in 2020-21 and 2021-22. Worried, the Centre cracked down on the habit in March 2022