Some foreign companies are paring stakes in their Indian businesses, taking advantage of the nation’s booming equity market to raise cash. At least seven firms including US home appliance giant …
Mumbai: Liquidity deficit in the banking system has fallen to its lowest level in three months, bringing down cost of borrowing in money markets, as the government has stepped up …
Mumbai: The use of market repurchase (repo) transactions as a funding instrument for banks, mutual funds and other corporates has climbed to an all-time high as deficit liquidity in the …
Mumbai: Deficit liquidity in the banking system surged to an all-time high this week, topping the ₹3 lakh crore mark, as tax outflows, currency leakages and a slow pace of …
Mumbai: Creditors to Gayatri Projects (GPL), promoted by former Rajya Sabha MP T Subbarami Reddy, have voted to initiate liquidation proceedings against the company after rejecting the only bid from …
One often-made argument in favor of stocks says investors should dive in before roughly $6 trillion of money-market cash gets redeployed into equity assets globally. But buying the theory requires …
Mumbai: Surat-based Eagle Group has received lenders’ go-ahead for buying the insolvent textile company Sumeet Industries. Lenders led by Bank of Baroda voted for Eagle’s ₹231-crore plan that includes upfront …
Traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world as China’s economy stumbles. Actively managed …
Some people with low balances were able to take out 1,000 euros in cash An unexpected tech glitch at the Bank of Ireland led to several people rushing to the …