[ad_1] Mumbai: Acquisition of Twins sarei This will cost the companies a bit for the potential bidder. Last week, Lenders passed a resolution that the cash balance in companies in their time transfer Two people aware of the development said that cash may not be part of the offer made by the applicant. A senior executive of a consulting firm said this is different from the previous proposals, in which the bidders were beneficiaries of the proceeds earned during the Corporate Insolvency Resolution Process (CIRP), which helped them reduce acquisition…
Tag: cash
JP Morgan | Oksana Aronov: JPMorgan’s Aronov ignores ‘cash is trash’ chorus
[ad_1] It’s a common motto among investors: Cash is garbage. but Oksana AronovyHead of Market Strategy, On Alternative Fixed Income JPMorgan Asset ManagementThey say not so fast. “I’ve been hearing about investors losing money” sitting in cash, and that cash is garbage as long as I’ve been in this industry,” she said on this week’s episode of “What Goes Up.” But the reality is, if you’ve been in cash for the past five years, you’ve essentially In general, the Bloomberg Aggregate Index has outperformed the Bloomberg Aggregate Index on a…
HNG: HNG promoter provides Rs 1,380 cr cash, 10% equity to lenders
[ad_1] Mumbai: Promoter of Mumbai-listed (hng) made ₹ 1,380 crore in . have proposed cash and through 10% equity Lenders Two people familiar with the developments told ET that the settlement was a last-ditch effort to get out of bankruptcy proceedings. People said the company has deposited Rs 110 crore with lenders to show its commitment to repay the loan. Kolkata-based HNG was admitted for insolvency proceedings at the behest of DBS Bank In October last year. HNG did not respond to ET’s mailed query. Promoter, Mukuli Offered settlement under…
How Inflation Can Change Where You Put Your Cash
[ad_1] Share Market Has not given much happiness, bond has been the source of much pain and inflation Is troubling. But there’s finally a glimmer of good news for those who need a place to park their cash: Money market mutual funds are finally starting to pay a little bit of interest. These funds are a convenient place for both individual investors and large institutions to temporarily hold money. Their yields have been very low over the years, and since the March 2020 crisis, they have been hovering near zero,…
Air India offers cash incentives, lowers eligibility age to encourage employees to retire voluntarily
[ad_1] In a bid to encourage a significant section of its employees to retire voluntarily, Air India on Wednesday lowered the eligibility age from 55 to 40 and announced a cash incentive. After successfully winning the bid for the airline on October 8 last year, the Tata group took over control of Air India on January 27.Since April, the airline’s chairman N Chandrasekaran has replaced the airline’s top management, bringing in senior and mid-level executives who have worked in other Tata group companies such as Tata Steel and expand. In…
GST change on ITC will affect company’s cash flow
[ad_1] The GST change on ITC will affect the cash flow of the company. Significant adjustments were made, requiring the supplier to file returns and communicate… Post GST change on ITC will affect company’s cash flow first appeared Rajput Jain & Associates – Chartered Accountant in Delhi, [ad_2] Source link