Canacol Energy in Debt Talks as Cash Reserves Dwindle
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
India's middle class faces a growing debt crisis, with 5-10% of households in a trap. Driven by easy credit and social comparisons, the dream of upward mobility is turning risky. Read more.
Telangana and Andhra Pradesh have become India's most aggressive borrowers in 2025, overshooting RBI limits by 190% and 122% respectively. Economists warn of severe long-term fiscal stress. Read the full analysis.
VTB, the largest creditor of Russian Railways, reveals banks are ready to restructure its 4 trillion rouble debt, but only if the central bank does not hike reserve requirements. Debt-to-equity conversion is off the table. Explore the financial challenges
Altice International's bonds plummeted after it moved key assets out of creditors' reach. Analysts warn creditors hold a weak position. Read the full analysis.
UAE President Sheikh Mohamed bin Zayed Al Nahyan erases AED 475 million debt for 1,435 Emiratis through SCB initiative. Historic humanitarian gesture supports financial stability.
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
Debt-ridden IL&FS group has repaid ₹48,463 crore to creditors, achieving 80% of its ₹61,000 crore debt resolution target. Read the latest updates on NCLAT proceedings.
Apple eliminates dozens of enterprise, education and government sales positions in strategic shift. Affected employees have until January 20 to find new roles or accept severance.
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
AICC observer T Bellaiah Naik announces Congress party restructuring in Namakkal districts to strengthen organization horizontally and vertically across India.
Restructuring committee head B S Patil reveals study of new areas for Greater Bengaluru limits. Learn about the implementation progress and future plans for Bengaluru's governance transformation.
CBS cancels its iconic 'Saturday Morning' show, firing hosts Michelle Miller & Dana Jacobson. The move is part of major layoffs causing employee anxiety. Details inside.
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Carrying ₹60,000 credit card debt can hurt your credit score due to high utilization. Learn how personal loans for debt consolidation affect your credit health and smart repayment strategies.
Japan's Kirin Holdings is leading stakeholder discussions to restructure B9 Beverages, including management changes and business strategy overhaul as Bira91 faces funding crunch.
Private credit lenders including Antares Capital, KKR, BlackRock and Carlyle are set to take control of 48Forty Solutions in a debt-for-equity swap that will remove $1 billion from the company's balance sheet. Learn how this restructuring will reshape the
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
Karnataka cabinet approves BBMP restructuring into 5 municipal corporations with 369 wards. Major administrative overhaul for Bengaluru's urban governance. Read details.
India initiates major aviation safety reform by restructuring DGCA into an autonomous Civil Aviation Authority with funding powers and enhanced consumer protection mechanisms.
Major US education programs are being shifted from the Department of Education to other federal agencies. This quiet restructuring could reshape support for millions of American students. Learn the impacts now.
TVS Supply Chain Solutions completes global restructuring, aims for 4% profit margin by FY27 through cost savings and high-margin business expansion. Read full analysis.
Target Corporation reduces 2025 earnings forecast amid restructuring and soft demand. Retailer plans $5 billion capital spending boost while shares decline 2% in early trading.
RBI data reveals India's debt is growing twice as fast as assets. Per capita debt now stands at ₹4.8 lakh. Is young India heading for a debt trap? Read more.
US Department of Education initiates major restructuring, transferring 6 key grant programs to other departments. Historic move signals potential dismantling of federal education agency.
GMR Airports plans to refinance Hyderabad airport's foreign currency loans with ₹2,150 crore rupee-denominated NCDs to reduce borrowing costs and currency risk. Read more about their debt strategy.
Oracle's massive $500B AI investment drives debt default protection costs to 2021 highs. Credit swaps jump 13.5 basis points as investors hedge risks. Read analysis.
China's household debt crisis deepens with 83 million potentially in arrears. Rising defaults, aggressive collectors, and economic pressures challenge middle-class stability. Read analysis.
Elitecon International share price surged nearly 5% on Friday, breaking its five-day losing streak. The stock gained 4.79% to ₹146.50 amid increased trading volumes. Discover the Q2 results and dividend details.
India's credit card usage is rapidly growing. Learn how high interest rates, minimum payments, and impulse spending can create debt traps and discover strategies for financial security.