SpiceJet restructures USD 100-mn outstanding dues to Carlyle Aviation Partner

Feb 27, 2023

The transaction will wipe out over USD 10-million debt of SpiceJet, thereby strengthening its balance sheet for future expansion. The move will substantially deleverage...

Moody's affirms stable outlook for TCS, Infosys

Feb 16, 2023

Moody's Senior V-P said TCS's good corporate governance practices, reflected in its extremely strong balance sheet, large liquidity and net cash position, were a...

STL sees a promising start to FY25; sales gain momentum

Jul 30, 2024

Mumbai (Maharashtra) [India], July 30: STL (NSE: STLTECH), a leading Optical and Digital solutions company, today announced its financial results for the quarter ended...

ADNOC Distribution reports AED551 million in quarterly net profit

May 12, 2023

The company continued to maintain a strong balance sheet by recording a solid Free Cash Flow of AED 1,048 million during the period.

Reliance raises over Rs 168,818 cr, becomes 'net debt-free'

Jun 19, 2020

New Delhi [India], June 19 : Reliance Industries Limited has raised over Rs 1,68,818 crore in just 58 days through investments by global tech...

Equity indices up 1.5 pc led by gains in Reliance, Bajaj twins

Jun 19, 2020

Mumbai (Maharashtra) [India], June 19 : Equity benchmark indices advanced by 1.5 per cent on Friday led by gains in Reliance Industries which become...