According to reports, Paytm is aiming to raise about $3 billion in an initial public offering (IPO) late this year, which could be the country s largest debut ever.The
Ghaziabad: A couple has been arrested for allegedly duping a buyer by selling a flat in Indirapuram using forged documents on which the accused had al.
However, absolute demand will catch up with pre-pandemic levels only after fiscal 2023. The demand in the first half of this fiscal will be impacted by the second wave of the pandemic. Nevertheless, healthy recovery is expected in the second half, much like the previous fiscal, the ratings agency said.That
CUMULUS MEDIA has accelerated the paydown of its debt, with $175 million of payments including completion of paying off its ABL Revolver ($60 million), required prepayments of its Term Loan Credit Facility from the proceeds of the sale of the land under the former transmitter of WSBN-A/WASHINGTON and tower sales ($89 million), and a tender offer for its 6.75% Senior Secured First Lien Notes due 2026 ($26 million). The company has $688.8 million in debt remaining.Pres./CEO MARY G. BERNER said, .
Circular debt swells Rs260bln in 10 months
Business
May 26, 2021
ISLAMABAD: Circular debt swelled by Rs260 billion during the first 10 months of the current fiscal year of 2021/22, although the government controlled the buildup during the period, officials said on Tuesday.
The power division submitted the circular debt report for the month of April 2021 to a meeting of the cabinet committee on energy held under the chairmanship of Minister for Planning, Development, and Special Initiatives Asad Umar.
It was informed that the circular debt buildup during July and April was Rs260 billion which was considerably lower than the Rs449 billion buildup, which reflected an improvement of Rs189 billion over the last year.