India Inc likely to speed up foreign fund-raising plans
Indian firms obtained ECB (External Commercial Borrowings) sanctions worth $ 3.5 billion or an estimated Rs 26,000 crore in April-June'2020, show latest RBI data. This is about one-third of the sum - $11.9 billion-they borrowed in the same period a year ago.
NSE-BSE bulk deals: Tata Sons hikes stake in Tata Motors DVR
Promoter Tata Sons bought 53,02, 681 of Tata Motors DVR at Rs 56.02 each. It hel...
European shares flat, investors sift through earnings deluge
The pan-European STOXX 600 slipped 0.1% by 0716 GMT, oil & gas and chemical lead...
Travel stocks weigh on Europe, miners jump
The pan-European STOXX 600 index slid 0.3% by 0718 GMT, with travel stocks continuing to slide after the United Kingdom added France and other countries to its quarantine list last week.
Asia stocks cautiously mixed, dollar tries to bounce
On Friday, Fitch Ratings cut the outlook on the United States' triple-A rating to negative from stable, citing eroding credit strength and a ballooning deficit.
Sensex falls 422 points ahead of Fed policy outcome; RIL drops 4%
Despite the sharp decline in frontline indices, the market breadth was neutral as gainers and losers were nearly equal in number on the BSE.
RBL to lead small banks' capital charge with Rs 1k crore
Banks like RBL Bank, Federal Bank and DCB Bank are now likely to join the their bigger peers such as ICICI Bank and Axis Bank in planning a share sale some time this year.
Former Wall Street trader seeks to make sense of crypto world
Stablecoins -- or tokens pegged to other assets that are designed to be less volatile -- have seen an increase in usage in certain corners of the market.
Barclays sees near-term oil price correction if demand recovery slows
Benchmark Brent crude prices have rebounded to around $44.50 a barrel, after plunging in April to $15.98, the lowest since 1999.
CG Power's current debt default at Rs 1,023 crore
The company's total outstanding is Rs 3,024 crore which includes term loan of Rs 1,375 crore
DocSumo raises $220 k seed funding from Better Capital, Barclays, others
DocSumo’s technology platform helps in the automation and analysis of financial data such as bank statements, pay stubs, tax data, and business financial documents.
India's virus graph is worrying, says Unilever CEO; expects company to do well post-Covid
For the quarter to June, Unilever had reported a 0.3% year-on-year increase in sales and blamed the flat growth on lockdown, restrictions and channel closures. Sales at India unit Hindustan Unilever (HUL) grew 4% in the quarter, helped by the GSK integration.
PNB plans to hit capital market in Q4
The bank has a lot of headroom available in terms of AT 1 and Tier II bonds.
Rupee posts biggest weekly gain in 20 months as RBI stands aside
"The sharp fall in dollar/rupee spot has been very unexpected and traders are in shock, with every major support being tested," said Rahul Gupta, head of currency research at Emkay Global Financial Services.
Barclays raises forecasts for crude oil prices, but flags slow recovery
The private bank now sees Brent oil prices at $41 a barrel and West Texas Intermediate at $37.