debt

13 ARTICLES

debt
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Lured by a get rich(er) quick scheme, HNIs allege TradeCred bluffed them

A row has broken out between invoice discounting platform TradeCred and a few investors over a default involving the popular startup Bizongo. This is the latest blow-up in a space that is driven by the allure of high returns and is a regulatory grey area.

24 Apr 2025

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Anmol Jaggi’s private dalliance with BluSmart is bringing down Gensol

Marred by multiple challenges, BluSmart, once a star of the Gensol universe, has become a black hole.

12 Mar 2025

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Debt settled, can Vijay Mallya return to India?

The finance minister has stated that banks have recovered Rs 14,131 crore by selling Mallya’s assets. However, the businessman has a number of other hurdles to cross before he can come back to India.

19 Dec 2024

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Vi’s UK parent to sell remaining stake in Indus Tower

Vodafone Group to use the proceeds from the sale of its 79 million shares to pay off dues and subscribe to a fundraise by its Indian arm.

04 Dec 2024

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Can bank guarantee waiver boost Vodafone Idea’s growth?

The Rs 24,700 crore waiver does come as a relief to the heavily indebted telecom operator. But it has more things to worry about.

03 Dec 2024

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Vodafone Idea looks to raise about $2 billion in equity funding

The prospective fundraise will also include $4 billion through debt over the next 18 months.

21 Sept 2023

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Banks passing the parcel in Future Retail

The struggling retailer’s directors have been accused of causing a massive loss to its lenders, but the banks also seem to have conveniently dragged their feet on the matter.

16 Mar 2023

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How Hindustan Construction wriggled out of the Lavasa tangle

Pushed to the brink of collapse owing to the failed hillside township project, the construction firm turned to India’s bankruptcy law to revive itself.

12 Jan 2023

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Renewable companies’ debt binge + Another order on eco-sensitive zones

Rising debt levels of Indian renewable energy companies are a cause for concern; the Supreme Court has passed an order on the size of buffer zones around sanctuaries.

15 Jun 2022

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Ritesh Agarwal can’t save OYO

Eight years and upwards of Rs 20,000 crore in capital later, Ritesh Agarwal and SoftBank Vision Fund have brought the carcass of their ambitions to the public markets.

07 Oct 2021