COX & KINGS DEFAULT
Stock market update: 29 stocks hit 52-week lows on NSE
Domestic benchmark index NSE Nifty was trading 15.15 points up at 11,981.20.
Sebi asks MFs to create separate portfolios for unrated debt defaults
The directive comes against the backdrop of liquidity woes in the NBFC ...
NCLT admits insolvency plea against Cox & Kings
The company said last month that the International Air Transport Association (IATA) had termi...
IDBI Bank issues public notice on Vijay Mallya as 'wilful defaulter'
IDBI Bank NPA Management Group in Mumbai issued a public notice about wilful defaulter with the now defunct Kingfisher Airlines as the borrower and Vijay Mallya as the director and guarantor. Vijay Mallya is currently in London and the Indian government has initiated legal proceedings to seek his extradition.
No protection for small depositors if jeweller defaults on gold schemes
“Investors have no protection in these gold schemes if a company goes into liquidation. The deposit is usually a small amount, below Rs 1 lakh. That would not fall under the Insolvency Bankruptcy Code. It will be treated only as unsecured credit."
View: Private equity spies profit in India's distress
Will workers in rich nations profit from India's distress or get burned?
Choose debt funds that prioritise safety, liquidity over returns, says Pankaj Pathak of Quantum Mutual Fund
The bond yield curve steepened further as the front end bond yields (up to 5-year maturity bonds) eased by 10-20 basis points, while the longer maturity bond yields remained somewhat stable.
China steelmaker default sparks debt contagion fear
China Hongqiao Group Ltd’s dollar bond due 2023 and Shandong Sanxing Group Co’s 2021 dollar bond have both dropped to their lowest levels after Xiwang’s default.
Cox & Kings defaults on payment of CPs worth Rs 30 crore
Shares of Cox & Kings closed at Rs 4.18 per scrip on the BSE, down 3.46 per cent from its previous close.
Share market update: 103 stocks hit 52-week lows on NSE
Domestic benchmark index NSE Nifty was trading 3.50 points down at 11,658.35.
IL&FS, DHFL, Cox & Kings and now Altico, why raters keep missing big defaults
A lot at stake as India tries to navigate a NBFC crisis and expand its debt market.
Cox & Kings being probed in Rs 40 crore fraud case
According to reports, the company has allegedly shut down its 6, Russel Street office and given notice of its inability to conduct overseas tours.
Bond defaults are highest on record as economy slows
Indian companies have defaulted on a record Rs 7,600 crore bonds so far in 2019.
Global funds dump company bonds as credit worries persist
Overseas funds pulled Rs 2,640 crore in October, making it the 7th straight month of outflow.
Cox & Kings and the family of wealth destroyers
Such companies even saw the foreign investors lowering there bets on them over a period of time.
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