IPO dates: November 22-26, 2024IPO price: Rs 140-148IPO size: Upto Rs 650 croreImplied market cap: Upto Rs 2,598 croreLot size: 101 sharesFace value: Rs 10Retail portion: 35% Enviro Infra Engineers, …
Markets regulator Sebi on Monday directed Credit Rating Agencies (CRAs) to verify the issuer’s fund availability and ascertain the reasons for payment failure in cases where non-payment of debt arises …
NTPC Green Energy (NGEL), a wholly owned subsidiary of state-run NTPC focussing on renewable energy generation, plans to raise Rs 10,000 crore through fresh equity to partly prepay debt. NTPC’s …
The recent Global Sovereign Debt Roundtable (GSDR) held in Washington DC addressed the pressing issue of mounting debt burdens faced by low- and middle-income countries (LMICs). Despite the progress in …
Girish Kousgi, MD & CEO, PNB Housing, says “the corporate book is 3% of the entire portfolio and in absolute terms, it is about Rs 2050 crore. We plan to …
Foreign investors have infused over Rs 13,300 crore in Indian equities in the first two weeks of the month owing to a resilient domestic economy with promising growth prospects. Going …
The U.S. market for one of the riskiest types of corporate debt is resurging this year, as companies cater to investor demand for assets that can lock in high yields …
The Reserve Bank of India is planning to make the deposit mobilisation rules more stringent for housing finance companies such as PNB Housing Finance or LIC Housing Finance in a …
Mumbai: Small businesses, caught between late payments and stressful paperwork, will see borrowing costs dip if the Reserve Bank of India (RBI) accepts a suggestion by high-street banks. Banks have …
India needs major supply side reforms to check the wild swings in vegetable prices which put the inflation calculation in jeopardy, even as the world’s fifth largest economy is expected …