Tag: debt crisis

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Steel Exchange of India (SEIL) has repaid a ₹15 crore term loan installment, bringing its total debt reduction to ₹86 crore and achieving 25% of its long-term debt reduction target

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Steel Exchange of India repays ₹15 cr term loan, achieves...

Visakhapatnam: Steel Exchange of India Limited (SEIL) has now taken another step towards addressing its debt, with the payment of its ₹15 crore term loan, the company said in a...

By Abizar Attari
June 18, 2026

The Adani Group’s restructuring marks a pivot toward professionalized leadership as it seeks to balance rapid expansion with a $30 billion debt burden.

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Corporate

Will Gautam Adani’s management overhaul help address the Adani Group’s...

Mumbai: After leapfrogging established industrialists and expanding the Adani Group to new levels, Chairman Gautam Adani has moved towards restructuring the group’s management to ensure quick decision-making and boost operational...

By Abizar Attari
May 1, 2026

Moody’s downgrades USA credit rating to AA1

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Downgrade of USA from AAA to AA1 by Moody’s –...

USA: In a stunning action rattling world financial markets, Moody’s Investors Service reduced the sovereign credit rating of the United States government from its highest, “AAA,” to “AA1.” It is...