Articles for Million Loan

Why Adani Ports decided to opt out of $553 million US loan for Sri Lanka terminal
1 month ago

Why Adani Ports decided to opt out of $553 million US loan for Sri Lanka terminal

India Today  

Adani Ports and Special Economic Zone Ltd announced its decision to cancel a $553 million loan from the US International Development Finance Corporation for the Colombo West International Terminal project in Sri Lanka. The project is part of a consortium involving Adani Ports, John Keells Holdings Plc, and the Sri Lanka Ports Authority. The DFC requested amendments to the agreement …

Sri Lanka Project Ports Colombo Lanka Sri Adani
World Bank's $188 million loan nod for Maharashtra to develop backward districts
1 month ago

World Bank's $188 million loan nod for Maharashtra to develop backward districts

India Today  

The World Bank has approved a $188.28-million loan to stimulate economic growth in the Indian state of Maharashtra, especially in the lagging districts, a media release said. The $188.28 million Maharashtra Strengthening Institutional Capabilities in districts for enabling growth operations will support district planning and growth strategies, the bank said in a statement. “By providing well-articulated investments in institutional capability …

Maharashtra Districts Sector Million Loan Growth Especially
Centre working on new home loan scheme for informal sector workers: Official
1 month ago

Centre working on new home loan scheme for informal sector workers: Official

Hindustan Times  

NEW DELHI: The Centre is working on a government-backed credit guarantee mechanism to provide affordable home loans from institutional sources to workers outside the formal ecosystem, a senior government official said on Wednesday. A report titled ‘Affordable Housing in India’ was launched on Wednesday “At present, cheaper home loans are limited to people with good business income or salaries. The …

India Report Million Affordable Housing Units
Byju Raveendran accused of trying to regain firm with hidden cash: Report
1 month, 3 weeks ago

Byju Raveendran accused of trying to regain firm with hidden cash: Report

Hindustan Times  

Byju Raveendran, the founder of the struggling edu-tech company Byju’s, allegedly tried to use loan money he hid from US lenders to secretly buy back a software company that an American trustee took over. According to a Bloomberg report based on new court filings, this was an attempt by Byju Raveendran to regain control of his collapsing startup, which is …

Byju Raveendran Byju Raveendran Hailer Loan Money
Ranjan Pai’s Claypond backs Easy Home Finance in $35 million funding round
2 months ago

Ranjan Pai’s Claypond backs Easy Home Finance in $35 million funding round

Live Mint  

Claypond Capital, the family investment office of Manipal Hospitals head Ranjan Pai, has backed Easy Home Finance Ltd. in a $35 million funding round that also saw Sumitomo Mitsui Banking Corporation Asia Rising Fund invest in the mortgage-tech startup. We've seen multiple clients from origination to moving-in the property on the same day,” Rohit Chokhani, managing director of Easy Home …

Finance Easy Easy Home Finance
HDFC bank sells $717 million of home loans to reduce credit book
3 months, 2 weeks ago

HDFC bank sells $717 million of home loans to reduce credit book

Hindustan Times  

Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees, seeking to further lighten its credit load amid regulatory pressures on the industry. The deals confirm India’s largest bank in market value is intensifying efforts to shrink its retail loan portfolio amid heightened regulatory pressure to improve the sector’s credit-deposit ratios {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} …

India Credit Bank Loan Hdfc Bank Hdfc Portfolio
Biden pitches student loan relief plan, 23 million Americans may benefit
9 months ago

Biden pitches student loan relief plan, 23 million Americans may benefit

India Today  

President Joe Biden announced on Monday plans to ease student debt that would benefit at least 23 million Americans, addressing a key issue for young voters whose support he needs as he seeks re-election in November. Republicans have called Biden's student loan forgiveness approach an overreach of his authority and an unfair benefit to college-educated borrowers while other borrowers received …

Student Relief Debt Loan Administration Republican Biden
China: Loan defaults hit record high, over 8.5 million people blacklisted
1 year ago

China: Loan defaults hit record high, over 8.5 million people blacklisted

Op India  

Amid China’s economy struggles to recover and unemployment remains high, the country’s indebted population is growing at a rapid rate, Voice Of America reported. VOA quoting a report from the Financial Times said that defaults by Chinese borrowers have surged to a record high since the pandemic, with authorities blacklisting 8.54 million people from economic activities ranging from using toll …

China Money Loan Chinese Zhang Cash Borrow
Liga surprise package Girona visits Barcelona in clash of Catalan clubs
1 year, 1 month ago

Liga surprise package Girona visits Barcelona in clash of Catalan clubs

Associated Press  

BARCELONA, Spain — Barcelona was the Spanish league champion last season. But as Girona CEO Ignasi Mas-Bagà recently told The Associated Press, their objective is to grow and consolidate as a top-flight club, not displace Barcelona, a team that has millions of fans around the globe and is close to being a religion inside Catalonia. “But we do want to …

Barcelona Team Club Madrid Girona Catalonia
Helping companies shine overseas
1 year, 2 months ago

Helping companies shine overseas

China Daily  

When mentioning the successful cases of how Bank of China has helped Chinese enterprises develop in markets involved the Belt and Road Initiative and assist local growth, the acquisitions of offshore assets by Zijin Mining and the acquisition of Logicor by China Investment Corporation are much cited. Embassy officials visited BOC's branch in Serbia, expecting the bank to promote the …

Europe Loan Chinese Million Serbia Zijin Bor
Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles
1 year, 5 months ago

Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles

Associated Press  

NEW YORK — Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide. The Teamsters, which represented Yellow’s 22,000 unionized workers, said last week that the company gave legal notice for a bankruptcy filing and shut down operations in late July following layoffs …

Financial Company Bankruptcy Teamsters Yellow Corp Declares Million Loan
Teamsters say trucking giant Yellow Corp. is ceasing operations, filing for bankruptcy
1 year, 5 months ago

Teamsters say trucking giant Yellow Corp. is ceasing operations, filing for bankruptcy

Associated Press  

NEW YORK — Troubled trucking company Yellow Corp. is shutting down and headed for a bankruptcy, the Teamsters said Monday. Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government,” Teamsters General President Sean M. O’Brien said, in an announcement saying the …

Financial Union Company Bankruptcy Teamsters Yellow Million Loan
Julen Lopetegui to stay at Wolves after decisive talks over transfers and strategy
1 year, 6 months ago

Julen Lopetegui to stay at Wolves after decisive talks over transfers and strategy

The Telegraph  

Julen Lopetegui has removed the uncertainty over his position as Wolves head coach by committing his future to the club. Lopetegui has informed senior Wolves officials he is preparing for next season and is fully invested, following extensive talks over the club’s summer strategy and transfer budget. Though Wolves will still be under some pressure to raise funds, with the …

Season Wolves Lopetegui
Supreme Court could soon rule on Biden’s student loan forgiveness program. Here’s what borrowers need to know
1 year, 6 months ago

Supreme Court could soon rule on Biden’s student loan forgiveness program. Here’s what borrowers need to know

CNN  

Washington CNN — Millions of borrowers may learn soon whether they could receive up to $20,000 in debt relief under President Joe Biden’s student loan forgiveness program. The forgiveness program, which is estimated to cost about $400 billion, would fulfill Biden’s campaign promise to cancel some student loan debt and would delight progressives, as well as put some borrowers in …

Supreme Court Payments Student Forgiveness Loans Debt Loan
USDA announces $1 billion debt relief for 36,000 farmers
2 years, 2 months ago

USDA announces $1 billion debt relief for 36,000 farmers

Associated Press  

DES MOINES, Iowa — The federal government announced Tuesday a program that will provide $1.3 billion in debt relief for about 36,000 farmers who have fallen behind on loan payments or face foreclosure. The U.S. Department of Agriculture announced the farm loan relief program funded from $3.1 billion set aside in the Inflation Reduction Act allocated toward assisting distressed borrowers …

Payments Farmers Loans Million Usda Farm Program
Stocks to Watch: Reliance Industries, M&M, LIC, Coal India, BPCL, Jindal Steel
2 years, 6 months ago

Stocks to Watch: Reliance Industries, M&M, LIC, Coal India, BPCL, Jindal Steel

Live Mint  

NEW DELHI: Following are the stocks that could be in focus on Monday: Reliance Industries: The Indian government has lost its appeal in an English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd. and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields. Coal India: The …

India Reliance Industries Million Shares Bpcl Lic Jindal Steel
Export Import Bank of India, Sri Lanka sign $500-million loan agreement
2 years, 11 months ago

Export Import Bank of India, Sri Lanka sign $500-million loan agreement

The Hindu  

The Export Import Bank of India and the Government of Sri Lanka on Wednesday signed a $500- million Line of Credit agreement aimed at helping Sri Lanka cope with its current fuel shortages, amid one of the worst economic meltdowns facing the island nation. New Delhi’s support for fuel imports — by Sri Lanka from India — through the Line …

India Sri Lanka Colombo Lanka Sri Import Million Loan
Juventus Sign Moise Kean on Two-year Loan From Everton
3 years, 4 months ago

Juventus Sign Moise Kean on Two-year Loan From Everton

News 18  

Juventus have signed Moise Kean on a two-year loan from Everton, the Serie A club said on Tuesday, as the Italian striker returns to the side where he made his professional debut. Juventus said they agreed to pay a loan fee of seven million euros, with three million euros to be paid in the 2021-22 season and four million euros …

Juventus Kean Moise Kean
Installment loan provider Affirm joins year-end rush for IPOs
4 years, 1 month ago

Installment loan provider Affirm joins year-end rush for IPOs

Live Mint  

Affirm Holdings Inc., which provides installment loans to online shoppers, filed for an initial public offering, reporting revenue gains and shrinking losses. Affirm joins a class of consumer technology companies seeking to tap the public market before the year ends. More than 6,500 merchants use Affirm’s platform, according to its prospectus filed with the U.S. Securities and Exchange Commission. Affirm …

Affirm Ipo Loan Provider
Their company got a PPP loan. So why are they still unemployed?
4 years, 4 months ago

Their company got a PPP loan. So why are they still unemployed?

LA Times  

The DoubleTree hotel in downtown L.A. accepted a PPP loan with the stated intention of retaining 176 jobs. After she was laid off, the owner of the DoubleTree hotel accepted a loan of between $1 million and $2 million from the federal Paycheck Protection Program, with the stated intention of retaining 176 jobs. Asked to comment on criticism of the …

Money Workers Union Los Angeles Hotel Million Beverly Hills
Citigroup moves court after transferring $900 million by mistake
4 years, 4 months ago

Citigroup moves court after transferring $900 million by mistake

Live Mint  

Citigroup Inc. asked a federal court to order Brigade Capital Management LP to return its share of more than $900 million that the bank mistakenly wired to Revlon Inc. lenders, some of which are locked in a bitter fight with the struggling cosmetics giant. In a lawsuit filed on Monday in New York, Citigroup, which is the administrative agent for …

Brigade Loan Repayment Revlon Mistake Citigroup
Billionaire Rick Caruso gives $50 million to Pepperdine law school to expand access for underserved students
5 years, 2 months ago

Billionaire Rick Caruso gives $50 million to Pepperdine law school to expand access for underserved students

LA Times  

Carmen Izquierdo-Oliva grew up in South Los Angeles with immigrant parents who scrabbled to make ends meet as painters and janitors. On Wednesday, Pepperdine law school will announce its largest-ever gift, $50 million from the Carusos to help low-income and other underserved students attend, pay off student loans and pursue public service careers. He added that Pepperdine, which promotes both …

Law Students School Public Service Student Debt Loan
World Bank launches investigation into whether £40m loan to China funds Muslim persecution in detention centres
5 years, 4 months ago

World Bank launches investigation into whether £40m loan to China funds Muslim persecution in detention centres

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The World Bank is investigating …

China Camps World Bank Region World Bank Project