Pakistan International Airlines privatization plan fails due to its financial obligations

Dec 28, 2023

Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks...

Sri Lanka's foreign exchange crisis gets compounded by China's debt-trap diplomacy

Jan 12, 2022

Colombo [Sri Lanka], January 13 : Sri Lanka's foreign exchange crisis is compounded by its inability to meet the financial obligations initiated in co-operation...

Abu Dhabi: ADGM publishes 'Quick Guides' for Designated Non-Financial Businesses and Professions

Oct 12, 2023

The guides are aimed at raising awareness and understanding of key AML/CFT and sanctions obligations among the DNFBP sector operating within the international financial...

Introducing Ambit Finvest Business Loan on Bajaj Markets

Jul 27, 2023

Pune (Maharashtra) [India], July 27: Ambit Finvest Business Loan is now available on Bajaj Markets, a subsidiary of Bajaj Finserv. Business owners can meet an array...

TRAI recommends rationalization of entry fees, bank guarantees

Sep 19, 2023

Entry fees are one-time payments that new entrants must make to access the market, while bank guarantees act as financial safeguards to ensure licensees...

Adani Group has adequate liquidity to meet debt and capex plans: CRISIL Ratings

Nov 29, 2024

The Adani group has sufficient liquidity and operational cash flows to meet its debt obligations and planned capital expenditures in the medium term, according...