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Tag: afloat
UK energy company seeks funds to stay afloat
2021-09-19 22:49:03| BBC News | Business | UK Edition
Bulb, the UK's sixth largest energy provider, is seeking funds due to price rises in wholesale gas.
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Vi struggling to stay afloat as parent companies refuse reinvestment
2021-08-04 02:00:00| Total Telecom industry news
Late last month, the Indian Supreme Court rejected calls from Bharti Airtel and Vi to recalculate the amounts due the government as a result of adjusted gross revenue (AGR) fees. Now, with a batch of repayments imminent, Vi is struggling to survive, with both of its parent companies, Aditya Birla Group and Vodafone Group, loathe to inject more funds into a potentially sinking ship. The company is facing a roughly $3 billion shortfall in cash flows for FY2023 as a result of AGR…read more on TotalTele.com »
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Vodafone Idea seeks $1bn funding from pension funds to stay afloat
2021-04-22 02:00:00| Total Telecom industry news
For some time now, Vodafone Idea has been struggling to survive in the Indian market. Price wars triggered by the disruptive launch of Reliance Jio in 2016, coupled with the billions of dollars it owed to the government as part of its adjusted gross revenue (AGR), meant that by 2020 Vodafone Idea, since rebranded Vi…read more on TotalTele.com »
Poland offload completes but Marie Brizard Wine & Spirits lines up cash injections to stay afloat
2020-10-23 13:49:00| Daily beverage news and comment - from just-drinks.com
Marie Brizard Wine & Spirits has completed the divestment of its operations in Poland, although the income from the deal will not be enough to help the group overcome its financial issues.
Broadway workers fight to stay afloat with theatres closed
2020-08-19 01:11:55| BBC News | Business | UK Edition
Broadway theatres will be shut until 2021 leaving performers and crew jobless for nearly a year.
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