Its well-known that debt can wreck a marriage. Till debt do us part, as financial guru and TV host Gail Vaz-Oxlade would say. But breaking up wont end your financial woes. Indeed, it can drive you deeper into debt and even lead to bankruptcy. Story continues below READ MORE: Could you handle a 33 per cent interest-rate…
DetailsBT Online Last Updated: April 17, 2017 | 15:56 IST The Indiabulls Real Estate stock rose up to 40 percent today after its board considered the restructuring of business via demerger. At 15:02 hours, the stock was trading 39.16 percent higher at Rs 147.30 level on the BSE. It closed 39.96 percent or 42.30 points higher at…
DetailsShares of Indiabulls Real Estate surged as much as 28 per cent in Mondays trade after the company informed bourses that it is looking to reorganise existing business via demerger. The scrip was trading 26.83 per cent up at Rs 134.25 around 2.13 pm (IST). Shares of the company opened at Rs 108.10 and touched…
DetailsDebt consolidation is a helpful program in managing debt payments and National Debt Relief wants to help consumers understand what happens to it in case of a bankruptcy filing. The article titled “How Are Debt Consolidation Loans Handled In Bankruptcy?” and published March 29, 2017 points out how a debt consolidation loan would be treated…
DetailsIndiabulls Real Estates board has constituted a restructuring committee, comprising some of its directors and officers to consider, examine and evaluate the feasibility of and options to implement the aforementioned restructuring or reorganisation of the business of the company. Indiabulls Real Estate on Monday informed the bourses that its Board of Directors has considered the…
DetailsReuters Monday 17 April 2017 Saudi Arabias government is ordering its ministries and agencies to review billions of dollars worth of unfinished infrastructure and economic development projects with a view to shelving or restructuring them, government sources said. Riyadhs Bureau of Capital and Operational Spending Rationalization, set up last year to make the government more…
DetailsIndiabulls Real Estate hit a 52-week high of Rs 111, up 5% on BSE in early morning trade after the real estate developer said it will restructure the real estate business by demerging commercial and residential into separate companies. At 09:27 am; the stock was trading 2.6% higher at Rs 109, after hitting…
DetailsThe Insolvency and Bankruptcy Board plans to fast-track the resolution process for “smaller cases”, including for startups, and complete them within 90 days. The Board has been set up under the Insolvency and Bankruptcy Code, which came into force from December 1, 2016. While a final decision is yet to be taken, the Insolvency and…
DetailsThe Insolvency and Bankruptcy Board plans to fast-track the resolution process for “smaller cases”, including for startups, and complete them within 90 days. The Board has been set up under the Insolvency and Bankruptcy Code, which came into force from December 1, 2016. While a final decision is yet to be taken, the Insolvency and…
DetailsBlackRock, the worlds largest asset manager, called on the US government to embark on a sweeping privatisation programme to harness capital to meet Americas vast infrastructure investment requirements. Larry Fink, chief executive of BlackRock, said new federally subsidised bonds would help repair crumbling US roads and bridges, but more private capital was desperately needed to…
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