Last Modified: Thu, Apr 07 2016. 09 10 AM IST A litigation by United Breweries Holdings over the quality of a jet engine may determine how much lenders can claw back from Vijay Mallya New Delhi/Mumbai: The suspense surrounding Indias battle with bad loans and defaulters is getting deeper. A litigation over the quality…
Glencore Plcs $2.5 billion agriculture deal is another milestone to solving Chief Executive Officer Ivan Glasenbergs biggest problem last year — reducing a mountain of debt. Canadas biggest pension fund will buy a 40 percent stake in the agriculture business and Glencore said it may sell an additional 20 percent, which could be worth $1.25 billion…
Labor says the government’s proposal to de-regulate university fees will result in a cost blowout. How will the Government cope with the increasing student debt? THE government and Labor are blaming each other for ballooning student loan debts but are united in avoiding discussion of one sensitive response the raiding of dead students assets. It…
Troubled steel and mining group Arrium has been placed in voluntary administration, following discussions with its lenders. The company, which suspended trading in its shares on the ASX on Wednesday, says it has appointed Grant Thornton as administrators, with executive control to be transferred immediately. Arrium shares were put in a trading halt on Monday,…