creditors
- India
SC grants priority to maintenance of wife, kids over creditors’ claims
In a landmark ruling, the Supreme Court of India emphasized the importance of maintenance for estranged wife and children, granting it precedence over the claims of secured, financial, and operational creditors under…
- World
SL finalises debt restructuring agreement with Official Creditor Committee
Colombo: Sri Lanka’s President Ranil Wickremesinghe on Wednesday announced that debt restructuring agreements were finalised with bilateral lenders, including India and China, in Paris, describing the development as a “significant milestone” that…
- Business
Adani Ports acquires Karaikal Port
Chennai: The Adani group gained a further foothold in the port sector on the eastern coast by acquiring the all-weather deep water Karaikal Port owner Karaikal Port Private Ltd. The Karaikal Port…
- Business
Creditors seek part-repayment of $1.2 bn loan given to BYJU’s
New Delhi: In seemingly fresh trouble for BYJUs, some lenders have asked the edtech unicorn to repay part of a $1.2 billion loan they recently bought into as they renegotiate terms of…
- World
Sri Lanka present economic woes, debt structuring plans to creditors
Colombo: Sri Lanka will on Friday present its economic woes, debt restructuring plans and a deal that it struck with the International Monetary Fund (IMF) to external creditors in an attempt to…