The company said it intends to use the net proceeds from the offering for general corporate purposes, which may include content acquisitions, production

Netflix to raise $1.5 billion in debt

India, keen to sell the loss-making, debt-ridden airline, finalised plans in late March to divest a 76 percent stake and offload about $5.1 billion of its debt

Tata Group unlikely to bid for Air India as terms too onerous

The couple took an apartment in a posh locality of Paris on January 1, 2017

Mallika Sherawat, French husband asked to evict Paris flat for not paying rent

The Parliamentary panel concluded that the government should review its decision to privatise or disinvest Air India and explore the possibility of 'an alternative to disinvestment of our national carrier which is our national pride'

Don't privatise Air India, give it 5 years to revive: Parliamentary panel

A two-member NCLT bench have permitted Central government to appoint 10 nominee directors to run Unitech over allegations of money siphoning by the original management

NCLT allows govt to appoint 10 directors on Unitech board

The European Commission sounded the alarm over Italy's high level of public debt on Wednesday, adding to concerns about the eurozone's third-largest economy

Italy's high level of debt reason for concern: EU

Moody's had last week raised India's sovereign rating for the first time in over 13 years, saying growth prospects have improved with continued progress on economic and institutional reforms

India's budget deficit may rise in FY18, but will improve in years ahead: Moody's

More than a year after the earthquakes, reconstruction has been slow with unrest over a new constitution adding to the delays

Nepal quake survivors struggle with debt, raising trafficking fears

CEO Eric Olsen said that this agreement is an important step in the firm's 3.5 billion Swiss franc divestment programme

LafargeHolcim agrees to sell its India business to Nirma Ltd

This is the country's first foreign debt in around two decades

Kuwait to tap foreign debt markets to finance deficit

Japanese mobile carrier SoftBank today said it will sell at least $ 7.9 billion (USD) of its stake in Chinese e-commerce giant Alibaba, as it looks to pay down a whopping debt.

SoftBank to sell part of stake in China's Alibaba for $7.9 billion

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