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FLIPKART EXTERNAL COMMERCIAL BORROWINGS
From Patna to Kanpur, can an emerging market fix dirty, broken cities?Patna is set to become the first municipality in Bihar to issue municipal bonds, raising Rs 200 crore for urban infrastructure. This move h...
Flipkart, Exim Bank lead $8.13 billion external borrowing proposals in AugustIndian companies have sought to raise a total of $8.13 billion in external commercial borrowings. This amount represents a 6% increase from...
Companies with high credit ratings shifting to bond market as bank loans become dearerIn the current economic climate, AAA-rated corporations are opting to secure financing via the bond market, finding it more cost-effective ...
India only major emerging economy set to reduce debt ratio by 2031: RBI Deputy GovernorIndia is projected to be the only emerging market economy among nine economies with gross domestic product (GDP) exceeding USD 1 trillion t...
Resist temptation to defend ₹ at any cost: Raghuram Rajan cautions India against excessive use of forex reservesRaghuram Rajan said India should avoid aggressively defending the rupee amid the current depreciation spree, stressing that a weaker rupee ...
Why Walmart would rather keep Flipkart private, for nowOver the past few weeks, much has been written about former employees of the online commerce company writing to Walmart's board, asking for...
Indian Overseas Bank to raise $500 million as Q2 profit jumps 56%Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a ...
Auto sector margins may improve from third quarter but El Nino, West Asia crisis key risks: ReportAutomobile sector margins are projected to improve gradually after the second quarter of FY27 as manufacturers increase prices. The growth ...
Banks seek relief from sustainable lending norms for FCNR(B) loansBanks have approached the International Financial Services Centres Authority regarding sustainable lending targets for international bankin...
Flipkart plans to launch ‘Earth’ to tap demand for premium, sustainable productsThe company has started onboarding brands offering healthier, toxin-free, and sustainable products across beauty and personal care (BPC), s...
Eloelo in talks to raise $50-60 million at $400 million valuationThe potential funding follows a sharp expansion of Eloelo's micro-drama business, Story TV, which has helped lift annualised collections mo...
Netflix’s India push lifts Asia-Pacific revenue to $1.54 billion, with record subscriber additionsIn its third-quarter shareholder letter dated October 20, Netflix said revenue in India grew about 18% year on year on a foreign-exchange-n...
Flipkart elevates Renuka Singaram as SVP as focus shifts to quick commerceEstablished in 2007, the Flipkart Group includes Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and super.money. With a registered user b...
Rising corporate borrowings, hello!Public Sector Banks in India are experiencing an increase in corporate borrowing, reflecting a strengthening of private sector capital expe...
Global Market: BOJ's Himino says Japan inflation near 2% target, signals further rate hikesBank of Japan Deputy Governor Ryozo Himino says underlying inflation is nearing the central bank’s 2% target, while accommodative financial...
Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 croreBajaj Finance expects AUM to grow 26-27% in FY27 as it accelerates customer acquisition and loan disbursements. The lender plans to book 60...
Home loan getting costlier? How a higher credit score can save you lakhs even when interest rates riseIn today’s competitive lending environment, many homeowners are successfully reducing their mortgage rates thanks to improved credit scores...
India's current account deficit narrows to $5.2 billion in August as capital account surplus hits $50.6 billionIndia's current account deficit narrowed to $5.2 billion in August, compared to $6.1 billion a year earlier. The capital account surplus in...
Companies shift to bank loans as bond costs rise, driving 81% share of fresh credit: JefferiesIndian companies are increasingly relying on bank loans as corporate bonds and other borrowing sources become more expensive, with banks ac...
CreditAccess Grameen to raise $175 million overseas loans from DBS, Standard Chartered and othersCreditAccess Grameen is in the process of securing a $175 million loan from several international lenders. This funding will help enhance t...