Tag Archives: Debt

IFC offers $43.3 mn in debt funding to Hero Future Energies

International Finance Corporation plans to provide debt financing of up to $43.3 million (Rs 300 crore) to Hero Future Energies Global Ltd for the construction of a solar power plant. The money will be used to build a 250-megawatt project at Bhadla in Rajasthan, the World Bank’s private-sector investment said in a disclosure. The total project cost is $200 million. ... Read More »

Reckless car loan salesmen exposed: How dealers are luring young drivers into massive debt by offering them new top-brand cars with NO cash up front

Young drivers are being tempted into dangerously high levels of debt by car dealers offering them new vehicles for no money up front. Ruthless salesmen are offering customers Audis, Vauxhalls, Suzukis and Fords worth up to £20,000 for no deposit – even if they admit they are unemployed, on low wages or have a poor credit rating. But the deals ... Read More »

Debt fears over new car deals that only need a £300 deposit: Concerns controversial plans have helped fuel borrowing binge

Fears of a dangerous debt bubble are growing as motorists drive off in new cars after paying a deposit of just £319. Britons spent £3.6billion on car loan deals in March alone, up 13 per cent on a year earlier. But most new car ‘buyers’ actually use loan deals to rent the vehicles. A £12,000 Smart ForTwo car can be ... Read More »

Get Out Of Travel Debt With Easy And Effective Steps

If in case you seem to be stuck with a big debt, then it might take you a long time to pay it. Nevertheless, it would not be a right thing to deprive yourself of fun. Travelling constitutes to be an extremely vital option here. However, post returning back from a holiday, you might be suffering from a serious case ... Read More »

Travel Freely And In Style Even While In Debt

According to numerous people, it would be completely illogical to travel even while in debt. It would actually be a waste of money with which you can otherwise utilize to pay off debt. However, you would be pleased to know that you would be able to travel the world even when you are suffering in debt. Rather, depriving yourself from ... Read More »

Shriram EPC Surges 16% On Plan to Convert Debt Into Equity

Shriram EPC approved plan to convert working capital loan into equity shares (Representational image) Shares of Shriram EPC surged as much as 16 per cent to Rs 29.60 today after the company’s board approved the conversion of Rs 1,280 crore working capital loan into equity shares as part of corporate debt restructuring package. The board of the Chennai-based firm, which ... Read More »

NSE to Auction Investments Worth Rs 4,681-Crore in Government Debt

New Delhi: Leading bourse National Stock Exchange (NSE) will auction investment limits for overseas investors for purchase of government debt securities worth Rs. 4,681 crore on Tuesday. The auction will be conducted on NSE’-ebid platform from 1530 hours to 1730 hrs — after the close of market hours on Tuesday, March 8, the exchange said in a circular. The debt ... Read More »