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Tether Has Cut All Commercial Paper Exposure From Reserves
Tether has completely eliminated commercial paper from its reserves. The largest stablecoin provider announced the milestone today in a blog post saying that it would replace those investments with the US Treasury Bills.
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Sell Amrapali Group's Commercial Properties, Top Court Directs Tribunal
The Supreme Court on Wednesday appointed state-run company NBCC to develop the stalled projects of the Amrapali Group and directed the Debts Recovery Tribunal to sell the unencumbered commercial properties of the real estate firm.
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Two More Banks In Fray To Recover Debts From Reliance Communications
Two major Chinese lenders plan to support a move by China Development Bank to put RCom into insolvency court.
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Reliance Communications Says It's Agreed To New Loan Repayment Plan
RCom said it would repay lenders an additional Rs 10,000 crore through the sale and commercial development of its real estate near Mumbai and in eight other cities.
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Along The New Silk Road, A City Built On Sand Is A Monument To China's Problems
Lanzhou New Area, a 315-square-mile wasteland of empty buildings, epitomizes what is wrong with China's economic model, experts say, as debt rises to alarming levels while the government pushes projects that make little or no commercial sense.
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Tether Has Cut All Commercial Paper Exposure From Reserves
Tether has completely eliminated commercial paper from its reserves. The largest stablecoin provider announced the milestone today in a blog post saying that it would replace those investments with the US Treasury Bills.
-
Sell Amrapali Group's Commercial Properties, Top Court Directs Tribunal
The Supreme Court on Wednesday appointed state-run company NBCC to develop the stalled projects of the Amrapali Group and directed the Debts Recovery Tribunal to sell the unencumbered commercial properties of the real estate firm.
-
Two More Banks In Fray To Recover Debts From Reliance Communications
Two major Chinese lenders plan to support a move by China Development Bank to put RCom into insolvency court.
-
Reliance Communications Says It's Agreed To New Loan Repayment Plan
RCom said it would repay lenders an additional Rs 10,000 crore through the sale and commercial development of its real estate near Mumbai and in eight other cities.
-
Along The New Silk Road, A City Built On Sand Is A Monument To China's Problems
Lanzhou New Area, a 315-square-mile wasteland of empty buildings, epitomizes what is wrong with China's economic model, experts say, as debt rises to alarming levels while the government pushes projects that make little or no commercial sense.
