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  1. Vodafone sells 18 percent stake in Indus Towers for Rs 15,300 crore

    Vodafone sells 18 percent stake in Indus Towers for Rs 15,300 crore

    New Delhi, British telecom company Vodafone said on Wednesday that it has sold 18 percent stake in Indus Towers for 1.7 billion euros (about Rs 15,300 crore).The company will use the bulk of the proceeds to pay off outstanding bank borrowings of 1.8 billion euros secured against Vodafone's...
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    • bank billion borrowings cent company euros indus million outstanding secured shares stake towers vodafone vodafone's
    • Category: Business & Economy
  2. Shares of Jai Prakash Associates fell by almost 6 percent due to non-payment of loan.

    Shares of Jai Prakash Associates fell by almost 6 percent due to non-payment of loan.

    New Delhi: Shares of Jaiprakash Associates fell nearly 6 per cent on Tuesday after the company defaulted on a loan worth Rs 4,616 crore.The stock closed 5.77 per cent lower at Rs 17.64 on the BSE. During the day, it fell 7.69 percent to Rs 17.28.It fell 5.86 percent to Rs 17.65 per share on...
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    • 4,616 amount april associates borrowings cent company crore fell interest jaiprakash loan percent principal total
    • Category: Business & Economy
  3. Jai Prakash Associates did not repay loan of Rs 4,616 crore

    Jai Prakash Associates did not repay loan of Rs 4,616 crore

    New Delhi: Jaiprakash Associates, the flagship company of the troubled Jaypee Group, has not repaid the loan of Rs 4,616 crore including principal and interest.In a regulatory filing late on Monday, Jaiprakash Associates Ltd (JAL) said the company missed payment of principal amount of Rs 1,751...
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    • 4,616 bank bankruptcy borrowings company crore filing jaiprakash jaypee loan nclt principal proposed repaid total
    • Category: Business & Economy
  4. NFRA imposes Rs 5 lakh fine on audit firm for lapses in Vikas WSP audit case

    NFRA imposes Rs 5 lakh fine on audit firm for lapses in Vikas WSP audit case

    New Delhi, The National Financial Reporting Authority (NFRA) has imposed a penalty of Rs 5 lakh on an audit firm for professional misconduct and other lapses in the audit of Vikas WSP Ltd for FY2020.Vikas WSP Limited is a BSE- and NSE-listed company.The order came after NFRA received...
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    • audit banks borrowings control financial firm interest limited misconduct nfra order professional quality standards vikas
    • Category: Business & Economy
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