Banking & Finance

With the recent Budget batting in favour of fiscal consolidation, India’s 10-Year (generic) bond yields have corrected sharply – from 6.75% ahead of the budget to 6.45% on 15 July 2019.

S&P Global Ratings has assigned its 'BBB-' long-term issue rating to the US$650 million senior secured notes proposed by Adani Ports and Special Economic Zone Ltd (APSEZ: BBB-/Stable/--).

A number of steps have been taken by the Government to help revive stalled projects, Anurag Thakur, Minister of State for Finance, has told Lok Sabha on 15 July 2019.

Moglix, India’s largest and fastest-growing B2B commerce company, has raised US$60 million through Series D round led by Tiger Global, Sequoia India and Composite Capital.

Envoy highlights investment opportunities   High Commissioner Jawed Ashraf (file picture).   India is set to deepen the corporate bond market for the infrastructure sector as well as monetizing and securitising infrastructure assets, Jawed Ashraf, India’s High Commissioner to Singapore,...

Shriram Transport Finance Co Ltd's (STFC) re-tap of its U.S. dollar-denominated senior secured notes due 2022 will help diversify its borrowing profile, said S&P Global Ratings on 12 July 2019.

Startups should not have any concern related to taxation as the 2019-20 Budget has proposed a number of measures to resolve the legacy issues.

The Government has taken following major steps to increase the flow of credit to micro, small and medium enterprises (MSME) exporters, Commerce and Industry Minister Piyush Goyal said in a written reply in the Rajya Sabha on 12 July 2019.

The Ministry of Micro, Small and Medium Enterprises (MSME) is implementing International Cooperation (IC) Scheme to enhance the competency of MSMEs, capturing new markets for their products, exploring new technologies for improving manufacturing capacity.

In-principle approval has been given for disinvestment of three units of Steel Authority of India Limited (SAIL), Steel Minister Dharmendra Pradhan said in a written reply in the Rajya Sabha on 10 July 2019.