Future Retail averts default, pays Rs 100 crore interest on bonds
Future Retail has managed to avert a default by paying Rs 100 crore of interest on its foreign bonds on Monday. The interest was paid on the last date of the 30-day grace period granted by the bondholders of the $500 million senior secured notes. Read on...
Kerala Assembly passes resolution against leasing airport to Adani
The Kerala Assembly passed a unanimous resolution on Monday, demanding the withdrawal of the Union Cabinet's decision to lease out the international airport at Thiruvanthapuram to Adani Enterprises Ltd. Chief Minister