China may seize Kenyan asset amid mounting debts

Oct 22, 2022

Nairobi [Kenya], October 22 : Accumulated Chinese loans pushed Kenya near default and Beijing may seize Kenyan assets if it could not pay its...

Reliance arm sells assets in Marcellus shale play

Feb 04, 2021

Mumbai (Maharashtra) [India], February 4 : Reliance Industries said on Thursday its subsidiary Reliance Marcellus LLC has signed agreements to divest all of its...

Taiwan declares TikTok a national security threat

Mar 23, 2024

The move in Taiwan follows a similar trend in the United States. The US House of Representatives recently passed a bill targeting ByteDance, TikTok's...

Court allows banks to sell Vijay Mallya's properties

Jun 05, 2021

New Delhi [India], June 5 : A Prevention of Money Laundering Act (PMLA) court has allowed banks to sell certain real estate assets and...

Inox GFL Group raises Rs 1,500 cr, steps up measures towards zero net debt

Dec 08, 2022

The Indian conglomerate said the amount has been used to pare down debt substantially across its operating companies and consequently the interest outgo will...

Bank of Baroda to sell its 49 pc stake in subsidiary BFSL

Mar 10, 2023

The Bank of Baroda said it will divest 49 per cent of its shareholding in its subsidiary BOB Financial Solutions (BFSL).