Page 169 - Restructuring News Today

Photo Credit: IANS IANSLive Mumbai, April 27 (IANS) The Finance Industry Development Council (FIDC) has written to the Reserve Bank of India (RBI) seeking permission to restructure loans given by NBFCs in the wake of the deep Covid crisis. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow I...

Radiko Holdings Corp.: Radiko Announces Halt in Cultivation at Carson City and Restructuring of Operations Radiko Holdings (CSE: RDKO) (the " Company") announced today that the Company is halting its cultivation activities at its indoor facility in Carson City, Nevada. Management, in conjunction with Jeff Malinovitz and Clyde Story, the operators of record at Carson City, have concluded that despite ongoing efforts to rectify matters, the current facility is not performing as expected and it is...

Photo Credit: IANS IANSLive New Delhi, April 20 (IANS) Beverage major Coca-Cola Indias strategic investment of building long term presence in India is intact, a senior company executive told IANS. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 20-April-2021

KUALA LUMPUR: Bank Islam Malaysia Bhd’s parent company BIMB Holdings Bhd is on track to complete its restructuring in August and will reveal details on its five-year post-restructuring plan on Wednesday. "Further updates on the restructuring status, the post-restructuring plan and the way forward for the financial services group will be revealed next week on April 21,” Bank Islam chief executive officer Mohd Muazzam Mohamed told reporters on the sidelines of the banks AMAL Ihtimam Ramadan ...

Photo Credit: IANS IANSLive Mumbai, April 18 (IANS) The board of Future Retail along and its lenders have approved a resolution plan to restructure the existing secured financial debt from the banks under the resolution framework for Covid-19 related stress. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views a...

Photo Credit: IANS IANSLive Mumbai, April 18 (IANS) The board of Future Retail along and its lenders have approved a resolution plan to restructure the existing secured financial debt from the banks under the resolution framework for Covid-19 related stress. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views a...

By Reuters Staff 3 Min Read OSLO (Reuters) - Norwegian Air now aims to raise up to 6 billion crowns ($711 million) in fresh capital, up from a planned 4.5 billion, to bolster its resources before emerging from bankruptcy protection next month as the pandemic continues to curb travel. FILE PHOTO: A Norwegian Air plane is refuelled at Oslo Gardermoen airport, Norway November 7, 2019. REUTERS/Lefteris Karagiannopoulos Financed largely by debt, Norwegian Air grew rapidly, serving routes across Euro...

By Reuters Staff 1 Min Read FILE PHOTO: A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song/File Photo BEIJING (Reuters) - Reforms required of Ant Group by Chinese regulators set an example for the fintech sector, the state-backed Economic Daily said in a commentary on Monday. The central bank has called on the affiliate of Alibaba Group Holding Ltd to restructure as a financial holding company. Ant has ...

The Globe and Mail Raymond Zhong Bookmark China’s fast-moving campaign to curb the power of internet giants has hit its latest mark: Ant Group, the fintech sister company of the e-commerce behemoth Alibaba Group. Ant announced on Monday that it would undertake a sweeping, government-ordered overhaul of its business to allay regulators’ concerns about the way it competes with rivals, its large-scale collection of user data and the risks its business may pose to the wider financial system....

Top Story April 6, 2021 ISLAMABAD: The cabinet has approved an ambitious restructuring plan to make the department of the Auditor General of Pakistan (AGP) an autonomous body with administrative and financial powers delegated to the Auditor General of Pakistan. The plan will also address the issue of the maximisation of audit paras, some of which are trivial and peripheral in nature. According to the restructuring plan, proposed by the Dr Ishrat Hussain-led top government civil service reforms...