Tag: debt
IDFC First Bank: Debt, equity holders approve merger of IDFC with IDFC First Bank
New Delhi, Shareholders and non-convertible debenture (NCD) holders of IDFC First Bank have approved a proposal to merge parent IDFC Ltd with the lender. The [Read more about this post…]
Bond buyback: Bond buyback: Govt proposes, market disposes, over price
Mumbai: A pricing contest is playing out between the Reserve Bank of India (RBI) and sovereign bond traders as the central bank tries to deftly [Read more about this post…]
ultratech: UltraTech, AM Mining, others eye Vadraj Cement
Mumbai: Aditya Birla Group’s UltraTech Cement, Sajjan Jindal-promoted JSW Cement, and Lakshmi Mittal-promoted ArcelorMittal are among a dozen companies vying to acquire Vadraj Cement, formerly [Read more about this post…]
PNB Housing Finance Q4 Results: Profit zooms 57% on steady demand for home loans
India’s PNB Housing Finance reported a 57% rise in fourth-quarter profit on Monday, helped by steady demand for home loans and a decline in bad [Read more about this post…]
Sterling & Wilson Renewable Energy reports Rs 1.40 crore net profit in Q4
Sterling & Wilson Renewable Energy Limited (SWREL) has posted a net profit of Rs 1.40 crore during the quarter ended March 2024 on account of [Read more about this post…]
Blackrock, ADIA, domestic funds hike stake in Vedanta
The world’s largest asset manager BlackRock, as well as the Abu Dhabi Investment Authority, along with domestic mutual funds like ICICI Mutual Fund and Nippon [Read more about this post…]
Treasury yields dip after surge higher following strong data and hawkish Fedspeak
Bond yields dipped slightly early Tuesday having risen sharply in recent sessions as rate-cut expectations were pared. What’s happening The yield on the 2-year Treasury [Read more about this post…]
Powell says economy’s strength allows Fed to be careful about rate cuts
Federal Reserve Chairman Jerome Powell on Sunday said that the strength of the economy allows the Fed to be “careful” in deciding when to cut [Read more about this post…]
Google parent Alphabet took a $1.2 billion hit to exit office space last quarter
Google parent company Alphabet this week reported a $1.2 billion charge in the fourth quarter to exit office space, a notable cost that largely flew [Read more about this post…]
Bank of England to keep rates near 16-year high, but traders bet cuts are coming
The Bank of England on Thursday is expected to follow the European Central Bank last week and the Federal Reserve on Wednesday in leaving interest [Read more about this post…]
