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France's Macron, Seeking 5th PM In Less Than 2 Years, Is Running Out Of Options
French President Emmanuel Macron is seeking a fifth prime minister in less than two years to tackle the country's debt problems and there are no obvious candidates with a decent chance of success.
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Chinese Official Honeytrapped By "Seductive Beauty" Of Foreign Spy
China said Thursday it had cracked three spying plots, including one in which a public servant was lured by the "seductive beauty" of a foreign agent, urging government workers to remain vigilant against overseas threats.
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Adani Enterprises Announces Rs 1,000 Crore NCDs, Issue Opens July 9
Adani Enterprises Limited (AEL) on Sunday announced the launch of its second public issuance of secured, rated and listed redeemable, non-convertible debentures (NCD) worth Rs 1,000 crore.
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Canned-Food Producer Del Monte Foods Files for Bankruptcy
Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
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Adani Airports Gets $1 Billion Financing For Mumbai International Airport
Mumbai International Airport Ltd, a subsidiary of Adani Airport Holdings, has secured a $750 million investment from a group led by affiliates of Apollo-managed funds and other long-term backers, the US private capital group said on Monday.
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National Education Day: Need For Financial Education In Schools And Colleges
Basic financial skills such as budgeting, saving, managing debt and investing are essential for leading a secure and prosperous life.
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Investors Can Use 3-In-1 Accounts To Apply For Some Debt Securities: SEBI
Markets regulator Sebi clarified that investors can continue using 3-in-1 accounts to apply online for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities, and securitised debt instruments.
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India's "Vicious Cycle Of Debt Traps" Warning At UN Meet Presided By China
In a veiled attack on China, India said that the international community should work on transparent and equitable financing and be vigilant towards the dangers of unsustainable financing which leads to a vicious cycle of debt traps.
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Race Against Time For US Debt Crisis Bill In Congress
Republican and Democratic leaders scrambled Monday to secure congressional support for a bill aimed at avoiding a catastrophic US debt default -- with just one week left before the government starts running out of money.
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Debt Ceiling: Will The US Default On June 1? What Will Happen If It Does? An Explainer
If US defaults, the federal government won't be able to pay salaries of federal employees, the military, social security and medicare. It will also shock global markets.
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Sri Lanka Hikes Power Prices By 275 Per Cent To Secure IMF Deal
Sri Lanka's electricity board hiked consumer rates by up to 275 percent, officials said Thursday, the second steep increase in months as the bankrupt island nation works to secure an IMF bailout.
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El Salvador Approves Bitcoin Bonds Bill, Will Legalise Bitcoin-Backed 'Volcano Bond'
El Salvador has officially legitamised Bitcoin bonds, in order to raise funds to repay the nation’s debts as well as bring in capital to fuel the construction of Nayib Bukele’s ambitions ‘Bitcoin City’. The domestic securities law, that had been making the rounds in the Salvadoran parliament for a while now, bagged 62 votes from the legisla...
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Twitter Takeover Deal: How Elon Musk Plans to Pay $44 Billion to Acquire Twitter by October 28
Elon Musk must pay Twitter the agreed sum of $44 billion (roughly Rs. 3,62,500 crore) in order to close the Twitter buyout deal by October 28, failing which the judge will set a November date for the trial. Here's how the Tesla CEO and the world's richest man could secure financing for the deal, which is expected to be completed by the end of the m...
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Twitter Says US Antitrust Waiting Period for Musk’s Acquisition Ended, Deal Now Subject to Closing Conditions
Twitter cleared on Friday that the US antitrust waiting period for Elon Musk's $44 billion acquisition of the social media giant had expired. Now, completion of the deal is subject to remaining customary closing conditions, including approval by Twitter stockholders and any other regulatory approvals.
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Log9 Mobility Secures Rs. 10 Crore Debt Financing From cKers Finance
cKers is focussed on financing sustainability and clean energy, and has provided an initial facility of Rs. 100 million (Rs. 10 crore) to Log9 Mobility.
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France's Macron, Seeking 5th PM In Less Than 2 Years, Is Running Out Of Options
French President Emmanuel Macron is seeking a fifth prime minister in less than two years to tackle the country's debt problems and there are no obvious candidates with a decent chance of success.
-
Chinese Official Honeytrapped By "Seductive Beauty" Of Foreign Spy
China said Thursday it had cracked three spying plots, including one in which a public servant was lured by the "seductive beauty" of a foreign agent, urging government workers to remain vigilant against overseas threats.
-
Adani Enterprises Announces Rs 1,000 Crore NCDs, Issue Opens July 9
Adani Enterprises Limited (AEL) on Sunday announced the launch of its second public issuance of secured, rated and listed redeemable, non-convertible debentures (NCD) worth Rs 1,000 crore.
-
Canned-Food Producer Del Monte Foods Files for Bankruptcy
Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
-
Adani Airports Gets $1 Billion Financing For Mumbai International Airport
Mumbai International Airport Ltd, a subsidiary of Adani Airport Holdings, has secured a $750 million investment from a group led by affiliates of Apollo-managed funds and other long-term backers, the US private capital group said on Monday.
-
National Education Day: Need For Financial Education In Schools And Colleges
Basic financial skills such as budgeting, saving, managing debt and investing are essential for leading a secure and prosperous life.
-
Investors Can Use 3-In-1 Accounts To Apply For Some Debt Securities: SEBI
Markets regulator Sebi clarified that investors can continue using 3-in-1 accounts to apply online for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities, and securitised debt instruments.
-
India's "Vicious Cycle Of Debt Traps" Warning At UN Meet Presided By China
In a veiled attack on China, India said that the international community should work on transparent and equitable financing and be vigilant towards the dangers of unsustainable financing which leads to a vicious cycle of debt traps.
-
Race Against Time For US Debt Crisis Bill In Congress
Republican and Democratic leaders scrambled Monday to secure congressional support for a bill aimed at avoiding a catastrophic US debt default -- with just one week left before the government starts running out of money.
-
Debt Ceiling: Will The US Default On June 1? What Will Happen If It Does? An Explainer
If US defaults, the federal government won't be able to pay salaries of federal employees, the military, social security and medicare. It will also shock global markets.
-
Sri Lanka Hikes Power Prices By 275 Per Cent To Secure IMF Deal
Sri Lanka's electricity board hiked consumer rates by up to 275 percent, officials said Thursday, the second steep increase in months as the bankrupt island nation works to secure an IMF bailout.
-
El Salvador Approves Bitcoin Bonds Bill, Will Legalise Bitcoin-Backed 'Volcano Bond'
El Salvador has officially legitamised Bitcoin bonds, in order to raise funds to repay the nation’s debts as well as bring in capital to fuel the construction of Nayib Bukele’s ambitions ‘Bitcoin City’. The domestic securities law, that had been making the rounds in the Salvadoran parliament for a while now, bagged 62 votes from the legisla...
-
Twitter Takeover Deal: How Elon Musk Plans to Pay $44 Billion to Acquire Twitter by October 28
Elon Musk must pay Twitter the agreed sum of $44 billion (roughly Rs. 3,62,500 crore) in order to close the Twitter buyout deal by October 28, failing which the judge will set a November date for the trial. Here's how the Tesla CEO and the world's richest man could secure financing for the deal, which is expected to be completed by the end of the m...
-
Twitter Says US Antitrust Waiting Period for Musk’s Acquisition Ended, Deal Now Subject to Closing Conditions
Twitter cleared on Friday that the US antitrust waiting period for Elon Musk's $44 billion acquisition of the social media giant had expired. Now, completion of the deal is subject to remaining customary closing conditions, including approval by Twitter stockholders and any other regulatory approvals.
-
Log9 Mobility Secures Rs. 10 Crore Debt Financing From cKers Finance
cKers is focussed on financing sustainability and clean energy, and has provided an initial facility of Rs. 100 million (Rs. 10 crore) to Log9 Mobility.
