Muthoot Finance raises $450 million in debut dollar bond sale
Muthoot Finance plans to use the proceeds for both refinancing and other business purposes.
RIL Q2 earnings: Brokerages raise EPS estimates, see 10-20% upside in stock
Few brokerages have projected RIL to become a $200-220 billion en...
NBFCs bond with world, Muthoot Finance eyes $450 million
The firm reported 8% rise in its net profit at Rs 530 crore in the April-June quarte...
By Dec end, Jio may have largest subscriber base topping 375 million: Nitin Soni, Fitch Ratings
Fibre broadband is going to be a significant part of Rel Jio revenue and EBITDA generation.
Fitch cuts Jain Irrigation rating to default
It has now marked the company’s rating as ‘Restricted Default’ or ‘RD’.
WeWork discusses $5 billion debt package with lenders
The terms and structure of the debt package are still fluid, some of the people familiar with the matter said.
Jio's IUC levy to aid Ebitda but benefit may be constrained: Ind-Ra
R-Jio's tariff-hike may give Vodafone-Idea and Airtel an opportunity to increase their tariffs and repair their balance sheets.
Auto sector cuts losses, as govt schemes, discounts attract buyers
The auto industry is facing a severe demand slowdown on account of high GST rates, farm distress, stagnant wages and liquidity constraints.
$63 billion of zombie buildings sound alarm for Indian banks
"The timing is very crucial as the slowdown has hit the real estate market quite hard. "
World’s biggest money manager to add Indian bonds after selloff
Yields have surged more than 30 basis points in the past two months.
Fitch downgrades Saudi Arabia on rising geopolitical risk
The downgrade places Saudi Arabia one notch above the assessment of peer rating agency S&P Global.
India will gain a few notches as an investment destination: Snehdeep Bohra, Fitch Ratings
Increased investments in India could help bridge the fiscal gap resulting out of tax cut
Market Movers: What changed for D-Street while you were sleeping
Here is breaking down the pre-market actions.
Fitch sees stimulus to lead to rise in deficit
The government will miss its budget gap goal by about 0.4 percentage points, Fitch said.
Top shadow banker sees end to India's credit crisis & how!
Concerns roared back last week when Altico Capital India didn’t repay interest on a loan.
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