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...

Nascent signs of recovery visible in Bank credit growth: RBI

Dec 28, 2021

Mumbai [India], December 28 : The consolidated balance sheet of scheduled commercial banks expanded in size during 2020-21 despite the contraction in economic activity...

Inox Leisure balance sheet splashed with red ink

Aug 05, 2020

Mumbai (Maharashtra) [India], Aug 5 : Multiplex chain Inox Leisure Ltd said on Wednesday it suffered a loss of Rs 74 crore in the...

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...

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.

Indian banks' balance sheet risks rise with increasing lending pressure: Fitch

May 29, 2020

Singapore, May 29 : Indian banks are looking at significant asset quality challenges for at least the next two years despite regulatory measures, according...