Two Bajaj cos raise record Rs 12,000 cr debt on a single day as yields fallMarket sources said that Bajaj Housing Finance has raised Rs 4,500 crore through two issuances of non-convertible debentures – Rs 3,000 cro...
08 May, 2024, 06.11 AM IST
IT Services’ revenue growth to halve to 3-5% in FY24: ICRAIndian IT companies witnessed a sharp moderation in growth momentum over Q3 FY23 – Q1 FY24 (October 2023- June 2024) owing to the evolving ...
29 Aug, 2023, 10.35 PM IST
IIFL Fin plans to buy back overseas bondsThe move will likely save the company up to 2 percentage points in borrowing costs, adjusted for currency hedges.
20 May, 2022, 07.33 AM IST
Stocks in the news: Infosys, Airtel, BPCL, Nuvoco Vistas and Lux IndustriesInfosys said it has almost completed its buyback programme and buyback committee will meet on September 8 to consider closure of the buybac...
07 Sep, 2021, 07.34 AM IST
NBFCs, HFCs may face a crunch againThe major chunk of the banks’ wholesale loan books is under moratorium.
25 Oct, 2019, 07.53 AM IST
IT services growth to remain at 6-8% in dollar terms in FY20: IcraIndian IT firms could also see higher wage bills and lower margins on account of increased onsite hiring.
11 Jun, 2019, 08.57 PM IST
NHAI to raise Rs 8,000 crore to lower fund costFour rating agencies — Crisil, Care Ratings, India Ratings and Icra–– had placed bids for rating the upcoming NHAI bond issue.
27 Mar, 2019, 10.48 PM IST
Icra’s re-rating of commercial papers not merit-based, unwarranted: DHFL"DHFL's progress towards fundraising transactions was not taken into cognisance," it said.
27 Feb, 2019, 06.33 PM IST
Indian IT services companies expected to grow at 9-12% CAGR during FY18-21: ICRAThe credit profile of Indian IT services companies remains stable, underpinned by the ability to sustain free cash flows despite pressure o...
27 Dec, 2018, 05.58 PM IST
ICRA approves buyback at Rs 3,800 a shareThe buyback price is about 4 per cent higher than the current market price of the stock.
10 Aug, 2018, 10.17 AM IST
Indian IT companies credit profile to be stable despite pressure: ICRAIndian IT services players' market share of the global IT sourcing market stood at 67 per cent in 2016 compared to 60 per cent in 2012.
26 Oct, 2017, 08.54 PM IST
Will buyback give Justdial a lift on bourses? Analysts see little to cheerJustdial stock has declined 28 per cent in the past 3 months.
21 Jul, 2017, 10.19 AM IST
RBI to continue with easing; next cut in February: AnalystsAnalysts said that having committed to keeping liquidity deficit neutral, RBI will continue its liquidity injection through open market ope...
05 Oct, 2016, 04.20 PM IST
Promoters of local firms hiked stakes as Narendra Modi wave fired up Dalal StreetAs sentiment on Dalal Street improved with the Modi-led BJP forming the govt last year, promoters increased their stakes by over a per cent.
14 Feb, 2015, 11.24 AM IST
- L&T launches long-term infrastructure bonds
The coupon rates of the earlier bonds issuances were in the range of 9-9.16% per annum. L&T Infrastructure Finance is offering 8.70% on its...
17 Jan, 2012, 04.18 AM IST
- IDFC infra bonds: A tax-saving scheme with buyback option
IDFC has come out with a public issue of long-term infrastructure bonds in the form of secured redeemable non-convertible debentures.
06 Dec, 2011, 02.59 AM IST
- Crisil buyback: Investors can wait for fresh growth triggers
Crisil’s decision to buy back a portion of its outstanding equity is in line with its policy of returning shareholder wealth.
14 Sep, 2010, 01.57 AM IST