servicing

Enabling & Support 14/07/2023 23 views 1 likes Isn’t it strange that when satellites run out of fuel or a single component breaks down, we just discard them? ESA and European industry have…

Indian companies except the ones in the telecom sector exhibited viable debt servicing capacity despite rise in their borrowing cost last year, the Reserve Bank of India said in a report. Debt servicing capacity of manufacturing companies…

Rocket maker Firefly Aerospace, founded by a former SpaceX engineer, said on Thursday it has acquired launch services company Spaceflight Inc in a push to boost its on-orbit servicing capabilities.Firefly is a space transportation…

Beleaguered automotive startup GoMechanic has been acquired by a consortium led by auto component maker Lifelong Group, the group said in a press statement. The sale was led by GoMechanic's venture debt investor Stride Ventures. "This…

As the business collapse looked imminent due to misreporting of financials, cash burn and other reasons, GoMechanic's founders floated a new startup and tried to sell the idea of spinning off its spare parts business to raise capital. But…

About three to four months before GoMechanic’s founders confessed that the company’s growth was riddled with financial lapses and laid off 70% of the staff in the face of potential bankruptcy, the Gurgaon-based company was powering through…

Last Updated: February 03, 2023, 17:22 ISTFinance Minister Nirmala Sitharaman speaks to Network18's Group Editor-in-Chief Rahul Joshi in an exclusive interview on Friday. (Image: News18)In an interview with Network18’s Group Editor-in-Chief…

A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, on May 19, 2022. — AFPThe State Bank of Pakistan (SBP)-held foreign exchange reserves fell to an eight-year low of $5.821 billion after decreasing by $294…

A Pakistani currency dealer counts US dollars at a currency exchange shop. – AFP/FileKARACHI: Pakistan's central bank registered a reduction of $956 million in its foreign exchange reserves due to debt payments, which fell to $7.96…

The pound has fallen to a fresh 37-year low against the dollar after official figures showed that the cost of servicing UK government debt last month hit a record high for the month of August - before the new PM came to power…